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MONSANTO CO NEW Form S 1A, Received 0830 093920

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well the Oklahoma Kansas and Texas wheat Harvest are in the bin so Kim what's shaking out with the wheat markets right now well let's go back to June the 1st that's the price I use as my Foundation price or Benchmark price and uh at Concrete Oklahoma that price was $6.7 since June 1 we've seen that price fall a145 down to around $525 now if you go back uh save back to 09 through 23 your average Harvest price has been $5.80 and the average price move in June July and August the Harvest month has been $180 so if you look what's been going on in the market prices have been going down how low can they go well my first estimate is$ 490 and I get that your average down move during Harvest from 09 through 23 is A180 so you take 670 minus a buck 80 gives you 490 so that's where I'm putting my floor right now if you look at uh the wasy was re released this last week a US production is projected to be above last year Well above the L the tw

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