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<br /> 2010<br /> Letter to SharehoLderS<br /> & Form 10–K<br /> Committed. Confident.<br /> to our Shareholders:<br /> In 2010, the adm team delivered another good year. our 29,000 employees around the world worked hard each<br /> day to achieve the strong financial results that ensure we are able to continue serving vital global needs for food<br /> and energy. And, because the need for our food, feed, energy and industrial products is so vital, and will grow with<br /> the growing world population, we worked equally hard to advance our profitable growth strategy.<br /> Inspired by our purpose of serving vital needs, our team once again leveraged ADM’s acumen and global asset<br /> network to maximize value, execute strategic acquisitions and complete important capital projects.<br /> And as we look ahead, we commit to growing value for ADM stockholders. Indeed, we have confirmed that<br /> commitment in our Vision for our company: To be the most admired gl<a title="2010 ADM Annual Report - English.pdf page 1" href="http://viewer.zmags.com/publication/9db7eeee?page=1"> 2010 Letter to SharehoLderS </a> <a title="2010 ADM Annual Report - English.pdf page 2" href="http://viewer.zmags.com/publication/9db7eeee?page=2"> Committed. Confident. to our Shareholders: In </a> <a title="2010 ADM Annual Report - English.pdf page 3" href="http://viewer.zmags.com/publication/9db7eeee?page=3"> Advancing our Profitable Growth Strategy With gro</a> <a title="2010 ADM Annual Report - English.pdf page 4" href="http://viewer.zmags.com/publication/9db7eeee?page=4"> ADM’s cost-management initiatives helped reduce m</a> <a title="2010 ADM Annual Report - English.pdf page 5" href="http://viewer.zmags.com/publication/9db7eeee?page=5"> UNITED STATES</a> <a title="2010 ADM Annual Report - English.pdf page 6" href="http://viewer.zmags.com/publication/9db7eeee?page=6"> Indicate by check mark whether the registrant has</a> <a title="2010 ADM Annual Report - English.pdf page 7" href="http://viewer.zmags.com/publication/9db7eeee?page=7"> Table of Contents Item No. Description </a> <a title="2010 ADM Annual Report - English.pdf page 8" href="http://viewer.zmags.com/publication/9db7eeee?page=8"> PART I Item 1. BUSINESS Company Overview </a> <a title="2010 ADM Annual Report - English.pdf page 9" href="http://viewer.zmags.com/publication/9db7eeee?page=9"> Item 1. BUSINESS (Continued) Golden Peanut </a> <a title="2010 ADM Annual Report - English.pdf page 10" href="http://viewer.zmags.com/publication/9db7eeee?page=10"> Item 1. BUSINESS (Continued) Agricultural S</a> <a title="2010 ADM Annual Report - English.pdf page 11" href="http://viewer.zmags.com/publication/9db7eeee?page=11"> Item 1. BUSINESS (Continued) Corporate Com</a> <a title="2010 ADM Annual Report - English.pdf page 12" href="http://viewer.zmags.com/publication/9db7eeee?page=12"> Item 1. BUSINESS (Continued) The Company ha</a> <a title="2010 ADM Annual Report - English.pdf page 13" href="http://viewer.zmags.com/publication/9db7eeee?page=13"> Item 1. BUSINESS (Continued) The Company </a> <a title="2010 ADM Annual Report - English.pdf page 14" href="http://viewer.zmags.com/publication/9db7eeee?page=14"> Item 1. BUSINESS (Continued) Environmental </a> <a title="2010 ADM Annual Report - English.pdf page 15" href="http://viewer.zmags.com/publication/9db7eeee?page=15"> Item 1. BUSINESS (Continued) The public may</a> <a title="2010 ADM Annual Report - English.pdf page 16" href="http://viewer.zmags.com/publication/9db7eeee?page=16"> Item 1A. RISK FACTORS (Continued) The Company </a> <a title="2010 ADM Annual Report - English.pdf page 17" href="http://viewer.zmags.com/publication/9db7eeee?page=17"> Item 1A. RISK FACTORS (Continued) The Company </a> <a title="2010 ADM Annual Report - English.pdf page 18" href="http://viewer.zmags.com/publication/9db7eeee?page=18"> Item 1A. RISK FACTORS (Continued) The Company’</a> <a title="2010 ADM Annual Report - English.pdf page 19" href="http://viewer.zmags.com/publication/9db7eeee?page=19"> Item 2. PROPERTIES The Company owns or leas</a> <a title="2010 ADM Annual Report - English.pdf page 20" href="http://viewer.zmags.com/publication/9db7eeee?page=20"> Item 2. PROPERTIES (Continued) The Company </a> <a title="2010 ADM Annual Report - English.pdf page 21" href="http://viewer.zmags.com/publication/9db7eeee?page=21"> Item 2. PROPERTIES (Continued) Other Pro</a> <a title="2010 ADM Annual Report - English.pdf page 22" href="http://viewer.zmags.com/publication/9db7eeee?page=22"> PART II Item 5. MARKET FOR REGISTRA</a> <a title="2010 ADM Annual Report - English.pdf page 23" href="http://viewer.zmags.com/publication/9db7eeee?page=23"> Item 5. MARKET FOR REGISTRANT’S COMM</a> <a title="2010 ADM Annual Report - English.pdf page 24" href="http://viewer.zmags.com/publication/9db7eeee?page=24"> Item 5. MARKET FOR REGISTRANT’S COMM</a> <a title="2010 ADM Annual Report - English.pdf page 25" href="http://viewer.zmags.com/publication/9db7eeee?page=25"> Item 6. SELECTED FINANCIAL DATA </a> <a title="2010 ADM Annual Report - English.pdf page 26" href="http://viewer.zmags.com/publication/9db7eeee?page=26"> Item 7. MANAGEMENT’S DISCUSSION AND ANALYS</a> <a title="2010 ADM Annual Report - English.pdf page 27" href="http://viewer.zmags.com/publication/9db7eeee?page=27"> Item 7. MANAGEMENT’S DISCUSSION AND ANALYSIS</a> <a title="2010 ADM Annual Report - English.pdf page 28" href="http://viewer.zmags.com/publication/9db7eeee?page=28"> Item 7. MANAGEMENT’S DISCUSSION AND ANALYSIS</a> <a title="2010 ADM Annual Report - English.pdf page 29" href="http://viewer.zmags.com/publication/9db7eeee?page=29"> Item 7. MANAGEMENT’S DISCUSSION AND ANALYSIS</a> <a title="2010 ADM Annual Report - English.pdf page 30" href="http://viewer.zmags.com/publication/9db7eeee?page=30"> Item 7. MANAGEMENT’S DISCUSSION AND ANALYSIS</a> <a title="2010 ADM Annual Report - English.pdf page 31" href="http://viewer.zmags.com/publication/9db7eeee?page=31"> Item 7. MANAGEMENT’S DISCUSSION AND ANALYSIS</a> <a title="2010 ADM Annual Report - English.pdf page 32" href="http://viewer.zmags.com/publication/9db7eeee?page=32"> Item 7. MANAGEMENT’S DISCUSSION AND ANALYSIS</a> <a title="2010 ADM Annual Report - English.pdf page 33" href="http://viewer.zmags.com/publication/9db7eeee?page=33"> Item 7. MANAGEMENT’S DISCUSSION AND ANALYSIS</a> <a title="2010 ADM Annual Report - English.pdf page 34" href="http://viewer.zmags.com/publication/9db7eeee?page=34"> Item 7. MANAGEMENT’S DISCUSSION AND ANALYSIS</a> <a title="2010 ADM Annual Report - English.pdf page 35" href="http://viewer.zmags.com/publication/9db7eeee?page=35"> Item 7. MANAGEMENT’S DISCUSSION AND ANALYSIS</a> <a title="2010 ADM Annual Report - English.pdf page 36" href="http://viewer.zmags.com/publication/9db7eeee?page=36"> Item 7. MANAGEMENT’S DISCUSSION AND ANALYSIS</a> <a title="2010 ADM Annual Report - English.pdf page 37" href="http://viewer.zmags.com/publication/9db7eeee?page=37"> Item 7. MANAGEMENT’S DISCUSSION AND ANALYSIS</a> <a title="2010 ADM Annual Report - English.pdf page 38" href="http://viewer.zmags.com/publication/9db7eeee?page=38"> Item 7. MANAGEMENT’S DISCUSSION AND ANALYSIS</a> <a title="2010 ADM Annual Report - English.pdf page 39" href="http://viewer.zmags.com/publication/9db7eeee?page=39"> Item 7. MANAGEMENT’S DISCUSSION AND ANALYSIS</a> <a title="2010 ADM Annual Report - English.pdf page 40" href="http://viewer.zmags.com/publication/9db7eeee?page=40"> Item 7A. QUANTITATIVE AND QUALITATIVE DISCL</a> <a title="2010 ADM Annual Report - English.pdf page 41" href="http://viewer.zmags.com/publication/9db7eeee?page=41"> Item 8. FINANCIAL STATEMENTS AND SUPPLEM</a> <a title="2010 ADM Annual Report - English.pdf page 42" href="http://viewer.zmags.com/publication/9db7eeee?page=42"> Archer Daniels Midland Company Consolidated St</a> <a title="2010 ADM Annual Report - English.pdf page 43" href="http://viewer.zmags.com/publication/9db7eeee?page=43"> Archer Daniels Midland Company Consolidated Bala</a> <a title="2010 ADM Annual Report - English.pdf page 44" href="http://viewer.zmags.com/publication/9db7eeee?page=44"> Archer Daniels Midland Company Consolidated Stat</a> <a title="2010 ADM Annual Report - English.pdf page 45" href="http://viewer.zmags.com/publication/9db7eeee?page=45"> Archer Daniels Midland Company Consolidated Stat</a> <a title="2010 ADM Annual Report - English.pdf page 46" href="http://viewer.zmags.com/publication/9db7eeee?page=46"> Archer Daniels Midland Company Notes to Consolid</a> <a title="2010 ADM Annual Report - English.pdf page 47" href="http://viewer.zmags.com/publication/9db7eeee?page=47"> Archer Daniels Midland Company Notes to Consolid</a> <a title="2010 ADM Annual Report - English.pdf page 48" href="http://viewer.zmags.com/publication/9db7eeee?page=48"> Archer Daniels Midland Company Notes to Consolid</a> <a title="2010 ADM Annual Report - English.pdf page 49" href="http://viewer.zmags.com/publication/9db7eeee?page=49"> Archer Daniels Midland Company Notes to Consolid</a> <a title="2010 ADM Annual Report - English.pdf page 50" href="http://viewer.zmags.com/publication/9db7eeee?page=50"> Archer Daniels Midland Company Notes to Consolid</a> <a title="2010 ADM Annual Report - English.pdf page 51" href="http://viewer.zmags.com/publication/9db7eeee?page=51"> Archer Daniels Midland Company Notes to Consolid</a> <a title="2010 ADM Annual Report - English.pdf page 52" href="http://viewer.zmags.com/publication/9db7eeee?page=52"> Archer Daniels Midland Company Notes to Consolid</a> <a title="2010 ADM Annual Report - English.pdf page 53" href="http://viewer.zmags.com/publication/9db7eeee?page=53"> Archer Daniels Midland Company Notes to Consolid</a> <a title="2010 ADM Annual Report - English.pdf page 54" href="http://viewer.zmags.com/publication/9db7eeee?page=54"> Archer Daniels Midland Company Notes to Consolid</a> <a title="2010 ADM Annual Report - English.pdf page 55" href="http://viewer.zmags.com/publication/9db7eeee?page=55"> Archer Daniels Midland Company Notes to Consolid</a> <a title="2010 ADM Annual Report - English.pdf page 56" href="http://viewer.zmags.com/publication/9db7eeee?page=56"> Archer Daniels Midland Company Notes to Consolid</a> <a title="2010 ADM Annual Report - English.pdf page 57" href="http://viewer.zmags.com/publication/9db7eeee?page=57"> Archer Daniels Midland Company Notes to Consolid</a> <a title="2010 ADM Annual Report - English.pdf page 58" href="http://viewer.zmags.com/publication/9db7eeee?page=58"> Archer Daniels Midland Company Notes to Consolid</a> <a title="2010 ADM Annual Report - English.pdf page 59" href="http://viewer.zmags.com/publication/9db7eeee?page=59"> Archer Daniels Midland Company Notes to Consolid</a> <a title="2010 ADM Annual Report - English.pdf page 60" href="http://viewer.zmags.com/publication/9db7eeee?page=60"> Archer-Daniels-Midland Company Notes to Consolid</a> <a title="2010 ADM Annual Report - English.pdf page 61" href="http://viewer.zmags.com/publication/9db7eeee?page=61"> Archer Daniels Midland Company Notes to Consolid</a> <a title="2010 ADM Annual Report - English.pdf page 62" href="http://viewer.zmags.com/publication/9db7eeee?page=62"> Archer Daniels Midland Company Notes to Consolid</a> <a title="2010 ADM Annual Report - English.pdf page 63" href="http://viewer.zmags.com/publication/9db7eeee?page=63"> Archer Daniels Midland Company Notes to Consolid</a> <a title="2010 ADM Annual Report - English.pdf page 64" href="http://viewer.zmags.com/publication/9db7eeee?page=64"> Archer Daniels Midland Co</a> <a title="2010 ADM Annual Report - English.pdf page 65" href="http://viewer.zmags.com/publication/9db7eeee?page=65"> Archer Daniels Midland Company Notes to Consolid</a> <a title="2010 ADM Annual Report - English.pdf page 66" href="http://viewer.zmags.com/publication/9db7eeee?page=66"> Archer Daniels Midland Company Notes to Consolid</a> <a title="2010 ADM Annual Report - English.pdf page 67" href="http://viewer.zmags.com/publication/9db7eeee?page=67"> Archer Daniels Midland Company Notes to Consolid</a> <a title="2010 ADM Annual Report - English.pdf page 68" href="http://viewer.zmags.com/publication/9db7eeee?page=68"> Archer Daniels Midland Company Notes to Consolid</a> <a title="2010 ADM Annual Report - English.pdf page 69" href="http://viewer.zmags.com/publication/9db7eeee?page=69"> Archer Daniels Midland Company Notes to Consolid</a> <a title="2010 ADM Annual Report - English.pdf page 70" href="http://viewer.zmags.com/publication/9db7eeee?page=70"> Archer Daniels Midland Company Notes to Consolid</a> <a title="2010 ADM Annual Report - English.pdf page 71" href="http://viewer.zmags.com/publication/9db7eeee?page=71"> Archer Daniels Midland Company Notes to Consolid</a> <a title="2010 ADM Annual Report - English.pdf page 72" href="http://viewer.zmags.com/publication/9db7eeee?page=72"> Archer Daniels Midland Company Notes to Consolid</a> <a title="2010 ADM Annual Report - English.pdf page 73" href="http://viewer.zmags.com/publication/9db7eeee?page=73"> Archer Daniels Midland Company Notes to Consolid</a> <a title="2010 ADM Annual Report - English.pdf page 74" href="http://viewer.zmags.com/publication/9db7eeee?page=74"> Archer Daniels Midland Company Notes to Consolid</a> <a title="2010 ADM Annual Report - English.pdf page 75" href="http://viewer.zmags.com/publication/9db7eeee?page=75"> Archer Daniels Midland Company Notes to Consolid</a> <a title="2010 ADM Annual Report - English.pdf page 76" href="http://viewer.zmags.com/publication/9db7eeee?page=76"> Archer Daniels Midland Company Notes to Consolid</a> <a title="2010 ADM Annual Report - English.pdf page 77" href="http://viewer.zmags.com/publication/9db7eeee?page=77"> Archer Daniels Midland Company Notes to Consolid</a> <a title="2010 ADM Annual Report - English.pdf page 78" href="http://viewer.zmags.com/publication/9db7eeee?page=78"> Archer Daniels Midland Company Notes to Consolid</a> <a title="2010 ADM Annual Report - English.pdf page 79" href="http://viewer.zmags.com/publication/9db7eeee?page=79"> Archer Daniels Midland Company Notes to Consolid</a> <a title="2010 ADM Annual Report - English.pdf page 80" href="http://viewer.zmags.com/publication/9db7eeee?page=80"> Archer Daniels Midland Company Notes to Consolid</a> <a title="2010 ADM Annual Report - English.pdf page 81" href="http://viewer.zmags.com/publication/9db7eeee?page=81"> Archer Daniels Midland Company Notes to Consolid</a> <a title="2010 ADM Annual Report - English.pdf page 82" href="http://viewer.zmags.com/publication/9db7eeee?page=82"> Archer Daniels Midland Company Notes to Consolid</a> <a title="2010 ADM Annual Report - English.pdf page 83" href="http://viewer.zmags.com/publication/9db7eeee?page=83"> Archer Daniels Midland Company Notes to Consolid</a> <a title="2010 ADM Annual Report - English.pdf page 84" href="http://viewer.zmags.com/publication/9db7eeee?page=84"> Archer Daniels Midland Company Notes to Consolid</a> <a title="2010 ADM Annual Report - English.pdf page 85" href="http://viewer.zmags.com/publication/9db7eeee?page=85"> Archer Daniels Midland Company Notes to Consolid</a> <a title="2010 ADM Annual Report - English.pdf page 86" href="http://viewer.zmags.com/publication/9db7eeee?page=86"> Archer Daniels Midland Company Notes to Consolid</a> <a title="2010 ADM Annual Report - English.pdf page 87" href="http://viewer.zmags.com/publication/9db7eeee?page=87"> Archer Daniels Midland Company Notes to Consolid</a> <a title="2010 ADM Annual Report - English.pdf page 88" href="http://viewer.zmags.com/publication/9db7eeee?page=88"> Report of Independent Registered Public Accountin</a> <a title="2010 ADM Annual Report - English.pdf page 89" href="http://viewer.zmags.com/publication/9db7eeee?page=89"> Report of Independent Registered Public Accountin</a> <a title="2010 ADM Annual Report - English.pdf page 90" href="http://viewer.zmags.com/publication/9db7eeee?page=90"> Item 9. CHANGES IN AND DISAGREEMENTS WIT</a> <a title="2010 ADM Annual Report - English.pdf page 91" href="http://viewer.zmags.com/publication/9db7eeee?page=91"> PART III Item 10. DIRECTORS, EXECUTIVE OFF</a> <a title="2010 ADM Annual Report - English.pdf page 92" href="http://viewer.zmags.com/publication/9db7eeee?page=92"> Item 10. DIRECTORS, </a> <a title="2010 ADM Annual Report - English.pdf page 93" href="http://viewer.zmags.com/publication/9db7eeee?page=93"> Item 10. DIRECTORS, </a> <a title="2010 ADM Annual Report - English.pdf page 94" href="http://viewer.zmags.com/publication/9db7eeee?page=94"> Item 11. EXECUTIVE COMPENSATION Informati</a> <a title="2010 ADM Annual Report - English.pdf page 95" href="http://viewer.zmags.com/publication/9db7eeee?page=95"> PART IV Item 15. EXHIBITS AND FINANCIAL</a> <a title="2010 ADM Annual Report - English.pdf page 96" href="http://viewer.zmags.com/publication/9db7eeee?page=96"> Item 15. EXHIBITS AND FINANCIAL STATEMENT </a> <a title="2010 ADM Annual Report - English.pdf page 97" href="http://viewer.zmags.com/publication/9db7eeee?page=97"> Item 15. EXHIBITS AND FINANCIAL STATEMENT </a> <a title="2010 ADM Annual Report - English.pdf page 98" href="http://viewer.zmags.com/publication/9db7eeee?page=98"> Item 15. EXHIBITS AND FINANCIAL ST</a> <a title="2010 ADM Annual Report - English.pdf page 99" href="http://viewer.zmags.com/publication/9db7eeee?page=99"> SIGNATURES Pursuant to the requirements of Secti</a> <a title="2010 ADM Annual Report - English.pdf page 100" href="http://viewer.zmags.com/publication/9db7eeee?page=100"> StockHolDer inforMAtion Copies of the</a>