Ownership Submission
FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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(Print or Type Responses)
1. Name and Address of Reporting Person *
JAGODINSKI W T
  2. Issuer Name and Ticker or Trading Symbol
DELTA & PINE LAND CO [DLP]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
__X__ Director _____ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
Director, President, and CEO
(Last)
(First)
(Middle)
ONE COTTON ROW, 100 MAIN STREET
3. Date of Earliest Transaction (Month/Day/Year)
04/26/2007
(Street)

SCOTT, MS 38772
4. If Amendment, Date Original Filed(Month/Day/Year)
6. Individual or Joint/Group Filing(Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
(City)
(State)
(Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 04/26/2007   A(1)   30,062 A $ 0 51,569 D  

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(Month/Day/Year)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Stock Options (Right to buy) $ 16.91             01/26/2001 01/26/2010 Common Stock 62,000   62,000 D  
Stock Options (Right to buy) $ 18.28             09/03/2003 09/03/2012 Common Stock 62,222   62,222 D  
Stock Options (Right to buy) $ 18.95             05/30/2003 05/30/2012 Common Stock 125,000   125,000 D  
Stock Options (Right to buy) $ 19.56             01/23/2004 01/22/2013 Common Stock 2,666   2,666 D  
Stock Options (Right to buy) $ 19.62             03/30/2001 03/30/2010 Common Stock 75,000   75,000 D  
Stock Options (Right to buy) $ 22.505             01/17/2006 01/17/2016 Common Stock 2,666   2,666 D  
Stock Options (Right to buy) $ 25.495             01/16/2005 01/15/2014 Common Stock 2,666   2,666 D  
Stock Options (Right to buy) $ 26.31             07/02/2005 05/18/2012 Common Stock 67,765   67,765 D  
Stock Options (Right to buy) $ 27.56             05/18/2005 05/18/2012 Common Stock 24,662   24,662 D  
Stock Options (Right to buy) $ 28.03             07/09/1998 07/09/2007 Common Stock 53,333   53,333 D  
Stock Options (Right to buy) $ 28.24             01/12/2006 01/11/2015 Common Stock 2,666   2,666 D  
Stock Options (Right to buy) $ 28.81             05/18/2005 05/18/2012 Common Stock 26,936   26,936 D  
Stock Options (Right to buy) $ 30.06             05/18/2005 05/18/2012 Common Stock 29,341   29,341 D  

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
JAGODINSKI W T
ONE COTTON ROW
100 MAIN STREET
SCOTT, MS 38772
  X     Director, President, and CEO  

Signatures

 Rhonda Strickland   04/30/2007
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1) Grant of Restricted Stock - approved by the Compensation committee of Delta and Pine Land Company with a vesting schedule of 40% in year two, 30% in year three, and the remaining 30% in year four.

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