Roundup Ready technology is protected under one or more of the following U.S. Patent Nos.: 4,940,835; 5,188,642; 5,352,605; 5,530,196; 5,717,084; 5,728,925; 5,804,425; RE 39,247.

The purchase/bailment/transfer of these seeds conveys no license under said patents to use these seeds or perform any of the methods covered by these patents. A license must first be obtained before these seeds can be used in any way. See your seed dealer to sign a Monsanto Technology/Stewardship Agreement (“MTA”). Progeny of these seeds cannot be cleaned or used as

planting seed or transferred to others for planting. This seed may only be offered for sale and distribution by authorized seed companies or their dealers.

Latham Seed Co. Policy Statement:

Benefits of new Seed

Convenience

• Highest quality and highest yielding product vs. bin-run

• Meets quality standards of Latham Seed Company

• Professionally handled and rigorously tested

• Dramatically reduces splits and foreign matter

• Ensures varietal purity

• Germination tests to ensure peace of mind

• Weed-free

• Reliable seed supply in many maturities

• Access to the most elite germplasm

Economics of New Seed vs. Bin-Run

• Income lost by not selling as commodity grain (e.g. 1 bushel of bin-run seed multiplied by the price of a soybean bushel)

• Average loss of ~ 10-15% cleanout at harvest for bin-run seed

• Handling and transportation costs for bin-run (approx. $.35-$.75/bushel)

• Bin-run planting rates are generally 15% higher than new certified seed

• New seed yields an average of 1.8 bushel/acre more than bin-run (University yield trials range from 1.2-5.9 bushel/acre)

Limited Warranty Benefits

• Dealer agronomic support before and after the sale

• Risk management benefits of Roundup Rewards ® (over $600 million paid to growers since 1997)

New Innovations

• Royalties provide research and development of new traits and higher yielding germplasm

• Monsanto invests over $700 million per year on research and development

• Monsanto is 100% committed to agriculture

• New trait introductions

• 7- 9 years for commercialization

• $50-$100 million in total costs for a new biotech trait

• Seed companies and Monsanto are committed to our customers’ success

“Latham Seed discourages the practice of saved seed and urges customer compliance with all applicable contracts and agreements, and will cooperate with verifications and investigations of this activity.”