At CAGNY Conference, ADM Outlines Strategies to Boost Earnings Power

In a presentation today at the annual meeting of the Consumer Analyst
Group of New York, Archer Daniels Midland Company (NYSE: ADM) leadership
outlined the actions the company is taking to boost earnings power and
drive future earnings growth.

Chairman and CEO Patricia Woertz said ADM′s business strategies are
designed to capitalize on the opportunities presented by the world′s
growing, more prosperous population, particularly in Asia. 'To supply
growing demand for agricultural products, the world will need more crops
and global networks that can connect those crops with growing markets,?
explained Woertz. 'ADM is expanding our operations and transportation
network to meet those needs.?

Woertz also discussed how the company is positioning for long-term
growth and success. 'We are investing to build upon our proven core
model. We have a great management team and a track record of excellent
risk management. With our strong balance sheet, we can grow our business
to serve growing needs.?

ADM is also enhancing its collaboration with Wilmar International
Limited, Asia′s largest agribusiness. Executive Vice President and Chief
Operating Officer Juan Luciano announced that the companies had signed a
memorandum of understanding to collaborate in purchasing and
distribution opportunities in the global fertilizer business; the
utilization and management of ocean freight assets; and the optimization
of their tropical oil refining operations in Europe.

Luciano also discussed how ADM is driving improvements to grow profits.
'We continue our pursuit of operational excellence, which will help grow
our competitive advantage. We have enhanced our capital allocation
program, improving the process, analysis and strategic focus, resulting
in a clearer sense of how our investments?individually and in
aggregate?will drive returns. We are managing our business portfolio,
growing businesses that are seeing results, and reevaluating businesses
and operations that aren′t.?

Senior Vice President and Chief Financial Officer Ray Young remarked,
'ADM has had a track record of growing earnings over the past 10 years.
Recently, we have seen this growth rate slow, and this is a concern on
our part. So, all the actions that we have recently been taking are
meant to boost the earnings power of our company,? while achieving
returns on capital consistent with ADM′s objective.

Young said ADM′s balance sheet is a source of competitive strength and
provides the company with tremendous flexibility, both in managing
through crop price and credit market volatilities and in making
opportunistic acquisitions. He also said the company′s track record of
cash flow generation and earnings growth has allowed ADM to increase its
dividends annually recently.

Woertz provided an update on the ongoing workforce reduction, noting
that the company currently projects annual pretax savings from these
measures and other targeted cost reductions to be more than $125
million. She said that, on its third-quarter earnings conference call,
the company would further update the savings number and the charge
related to the reorganization.

Closing the presentation, Woertz said, 'ADM has a sound strategy, a
strong balance sheet, a drive to improve, and a focus on delivering
returns for our shareholders.?

Presentation Available for Download

A webcast of the presentation can be viewed, and the presentation
document can be downloaded at www.adm.com/webcast.

About ADM

For more than a century, the people of Archer Daniels Midland Company
(NYSE: ADM) have transformed crops into products that serve vital needs.
Today, 30,000 ADM employees around the globe convert oilseeds, corn,
wheat and cocoa into products for food, animal feed, industrial and
energy uses. With more than 265 processing plants, 400 crop procurement
facilities, and the world′s premier crop transportation network, ADM
helps connect the harvest to the home in more than 160 countries. For
more information about ADM and its products, visit www.adm.com.

Archer Daniels Midland Company

Media Relations

Jessie
McKinney

media@adm.com

217-424-5413