Monsanto stock value has been falling steadily in recent months, from
32.65 on 19 April to 23.84 on 19 June, just two months later.

On 21 June the stock fell further and lost 9.04% of its value in one
day, falling from 22.01 to 20.02.

For more info see here:
http://table.finance.yahoo.com/k?s=mon&g=d
and
http://finance.yahoo.com/q?s=mon&d=c

Hope this is of interest.

regards
Marcus Williamson
http://www.gmfoodnews.com/


Thursday June 20, 12:00 pm Eastern Time
Reuters Company News

RESEARCH ALERT-Merrill downgrades Monsanto to 'neutral'

NEW YORK, June 20 (Reuters) - Merrill Lynch on Thursday cut its
midterm investment rating on Monsanto Co. (NYSE:MON - News) to
"neutral," citing risks associated with the agricultural chemicals
maker's responsibility for certain liabilities of a former subsidiary
that could face a credit crunch this year. 

Merrill previously rated the St. Louis company at midterm "buy." 

Analyst Donald Carson said he also cut his long-term rating to "buy"
from "strong buy" in part because Monsanto is responsible for all
environmental liabilities associated with former chemical subsidiary
Solutia Inc. (NYSE:SOI - News) under a September 2000 separation
agreement with Pharmacia Corp. (NYSE:PHA - News). 

Merrill said Solutia faces a "potential liquidity crunch" because of
an $800 million bank credit facility coming due Aug. 13, of which $450
million is currently outstanding, and a $150 million note maturing in
October. But several of Solutia's banks are reluctant to renew the
credit facility in its entirety, Merrill said, which has led to new
financing. 

Last week, Morgan Stanley cut Monsanto's profit outlook to $1.50 a
share from $2 for 2002 and to $1.90 from $2.40 for 2003.