That comes just a week after USDA cut its price outlook for the marketing year by 15 cents a bushel to a range of $3.35 to $3.95 a bushel. That forecast comes as corn prices are amid a steep downturn, as with other commodities, sitting at multi-year lows. Eighty percent of Monsanto’s earnings over the next three to four years are expected to be from innovation such as newly developed products. The remaining 20 percent is tied to the price of commodities like corn and soybeans.