ADM Announces Pricing of Private Exchange Offers

Archer Daniels Midland Company (NYSE: ADM) announced today the pricing
terms of its previously announced private offers to exchange any and all
of its outstanding debentures listed below (collectively, the 'Old
Debentures?) for new senior Debentures due 2042 (the 'New Debentures?)
and, for some series of Old Debentures, New Debentures and cash (the
'Exchange Offers?), established as of 11:00 a.m., New York City time, on
September 21, 2011 (the 'Pricing Time?) in accordance with ADM′s
offering memorandum dated September 8, 2011 (the 'Offering Memorandum?)
and the related letter of transmittal. ADM also announced that the
coupon on the New Debentures will be 4.535%, which has been determined
in accordance with the Offering Memorandum. The Reference United States
Treasury Security used to determine the coupon on the New Debentures and
the total exchange price to be received in each Exchange Offer (the
'Total Exchange Price?) for all of the Old Debentures is the 4.375%
United States Treasury due May 15, 2041 (the 'Reference Treasury?). The
bid-side yield of the Reference Treasury as of the Pricing Time was
3.185%.

Set forth in the table below is the Total Exchange Price for each $1,000
principal amount of Old Debentures validly tendered (and not validly
withdrawn) and accepted by ADM at or prior to the Early Participation
Date (as defined below), determined in accordance with the Offering
Memorandum, and the consideration to be received for the Total Exchange
Price for each series of Old Debentures. Old Debentures validly tendered
in the Exchange Offers at or prior to 5:00 p.m. New York City time, on
September 21, 2011 (the 'Early Participation Date?) and not validly
withdrawn at or prior to the Withdrawal Deadline (as defined below) are
expected to settle on September 26, 2011 (the 'Early Settlement Date?),
unless extended by ADM.

The Exchange Offers will expire at 11:59 p.m., New York City time, on
October 5, 2011, unless extended by ADM (the 'Expiration Date?). Tenders
of Old Debentures in the Exchange Offers may be validly withdrawn at any
time at or prior to 5:00 p.m., New York City time on September 21, 2011,
subject to extension by ADM (the 'Withdrawal Deadline?), but not
thereafter, except in certain limited circumstances where additional
withdrawal rights are required by law. The Exchange Offers are being
conducted by ADM upon the terms and subject to the conditions set forth
in the Offering Memorandum and related letter of transmittal. The
Exchange Offers are only extended, and copies of the offering documents
will only be made available, to any holder of the Old Debentures that
has certified its status as (1) a 'qualified institutional buyer? as
defined in Rule 144A under the Securities Act of 1933, as amended
('Securities Act?) or (2) a person who is not a 'U.S. person? as defined
in Regulation S under the Securities Act (each, an 'Eligible Holder?).

The Exchange Offers remain subject to the condition that a sufficient
principal amount of Old Debentures have been validly tendered and not
validly withdrawn prior to the Early Participation Date such that a
minimum of $250,000,000 aggregate principal amount of New Debentures
will be issuable in exchange for such Old Debentures on the Early
Settlement Date. The condition that the yield on the Reference Treasury
is not more than 4.15% at the Pricing Time has been met.

The New Debentures have not been registered under the Securities Act or
any state securities laws. Therefore, the New Debentures may not be
offered or sold in the United States absent registration or an
applicable exemption from the registration requirements of the
Securities Act and any applicable state securities laws. ADM will enter
into a registration rights agreement with respect to the New Debentures.

Documents relating to the Exchange Offers will only be distributed to
holders of the Old Debentures that complete and return a certification
of eligibility confirming that they are Eligible Holders. Holders of the
Old Debentures that desire access to the electronic eligibility form
should contact D.F. King & Co., Inc., the information agent for the
Exchange Offers, at (800) 431-9645 (U.S. Toll-free) or (212) 269-5550
(Collect). Holders that wish to receive the offering documents can
certify their eligibility at http://www.dfking.com/adm.

This press release is not an offer to sell or a solicitation of an offer
to buy any security. The Exchange Offers are being made solely by the
offering memorandum and related letter of transmittal and only to such
persons and in such jurisdictions as is permitted under applicable law.

Forward-looking Information

This press release includes forward-looking statements, within the
meaning of the Private Securities Litigation Reform Act of 1995, that
are subject to risks, uncertainties and other factors, including the
current market demand for these types of securities and the securities
of ADM and the negotiations between ADM and the dealer managers. These
risks, uncertainties and other factors could cause actual results to
differ materially from those referred to in the forward-looking
statements. The reader is cautioned not to rely on these forward-looking
statements. Other risks that could impact the offering are described in
detail in the ADM Annual Report on Form 10-K for the fiscal year ended
June 30, 2011 as filed with the U.S. Securities and Exchange Commission.
All forward-looking statements are based on information currently
available to ADM and ADM assumes no obligation to update any such
forward-looking statements.

Archer Daniels Midland Company

Media:

David
Weintraub, 217-424-5413

Director, External Communications

or

Investors:

Dwight
Grimestad, 217-424-4586

Vice President, Investor Relations