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Best regards
Zmags
<br /> 2010<br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> Letter to SharehoLderS<br /> & Form 10–K<br /> Committed. Confident.<br /> <br /> <br /> to our Shareholders:<br /> <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 /> <br /> Inspired by our purpose of serving vital needs, our team once again leveraged ADM’s acumen and global asset<
2010Letter to SharehoLderS
2010Letter to SharehoLderS
Committed. Confident.to our Shareholders:In
Committed. Confident.to our Shareholders:In
Advancing our Profitable Growth StrategyWith gro
Advancing our Profitable Growth StrategyWith gro
ADM’s cost-management initiatives helped reduce m
ADM’s cost-management initiatives helped reduce m
UNITED STATES
UNITED STATES
Indicate by check mark whether the registrant has
Indicate by check mark whether the registrant has
Table of ContentsItem No. Description
Table of ContentsItem No. Description
PART IItem 1. BUSINESSCompany Overview
PART IItem 1. BUSINESSCompany Overview
Item 1. BUSINESS (Continued)Golden Peanut
Item 1. BUSINESS (Continued)Golden Peanut
Item 1. BUSINESS (Continued)Agricultural S
Item 1. BUSINESS (Continued)Agricultural S
Item 1. BUSINESS (Continued)CorporateCom
Item 1. BUSINESS (Continued)CorporateCom
Item 1. BUSINESS (Continued)The Company ha
Item 1. BUSINESS (Continued)The Company ha
Item 1. BUSINESS (Continued)The Company
Item 1. BUSINESS (Continued)The Company
Item 1. BUSINESS (Continued)Environmental
Item 1. BUSINESS (Continued)Environmental
Item 1. BUSINESS (Continued)The public may
Item 1. BUSINESS (Continued)The public may
Item 1A. RISK FACTORS (Continued)The Company
Item 1A. RISK FACTORS (Continued)The Company
Item 1A. RISK FACTORS (Continued)The Company
Item 1A. RISK FACTORS (Continued)The Company
Item 1A. RISK FACTORS (Continued)The Company’
Item 1A. RISK FACTORS (Continued)The Company’
Item 2. PROPERTIESThe Company owns or leas
Item 2. PROPERTIESThe Company owns or leas
Item 2. PROPERTIES (Continued)The Company
Item 2. PROPERTIES (Continued)The Company
Item 2. PROPERTIES (Continued)OtherPro
Item 2. PROPERTIES (Continued)OtherPro
PART IIItem 5. MARKET FOR REGISTRA
PART IIItem 5. MARKET FOR REGISTRA
Item 5. MARKET FOR REGISTRANT’S COMM
Item 5. MARKET FOR REGISTRANT’S COMM
Item 5. MARKET FOR REGISTRANT’S COMM
Item 5. MARKET FOR REGISTRANT’S COMM
Item 6. SELECTED FINANCIAL DATA
Item 6. SELECTED FINANCIAL DATA
Item 7. MANAGEMENT’S DISCUSSION AND ANALYS
Item 7. MANAGEMENT’S DISCUSSION AND ANALYS
Item 7. MANAGEMENT’S DISCUSSION AND ANALYSIS
Item 7. MANAGEMENT’S DISCUSSION AND ANALYSIS
Item 7. MANAGEMENT’S DISCUSSION AND ANALYSIS
Item 7. MANAGEMENT’S DISCUSSION AND ANALYSIS
Item 7. MANAGEMENT’S DISCUSSION AND ANALYSIS
Item 7. MANAGEMENT’S DISCUSSION AND ANALYSIS
Item 7. MANAGEMENT’S DISCUSSION AND ANALYSIS
Item 7. MANAGEMENT’S DISCUSSION AND ANALYSIS
Item 7. MANAGEMENT’S DISCUSSION AND ANALYSIS
Item 7. MANAGEMENT’S DISCUSSION AND ANALYSIS
Item 7. MANAGEMENT’S DISCUSSION AND ANALYSIS
Item 7. MANAGEMENT’S DISCUSSION AND ANALYSIS
Item 7. MANAGEMENT’S DISCUSSION AND ANALYSIS
Item 7. MANAGEMENT’S DISCUSSION AND ANALYSIS
Item 7. MANAGEMENT’S DISCUSSION AND ANALYSIS
Item 7. MANAGEMENT’S DISCUSSION AND ANALYSIS
Item 7. MANAGEMENT’S DISCUSSION AND ANALYSIS
Item 7. MANAGEMENT’S DISCUSSION AND ANALYSIS
Item 7. MANAGEMENT’S DISCUSSION AND ANALYSIS
Item 7. MANAGEMENT’S DISCUSSION AND ANALYSIS
Item 7. MANAGEMENT’S DISCUSSION AND ANALYSIS
Item 7. MANAGEMENT’S DISCUSSION AND ANALYSIS
Item 7. MANAGEMENT’S DISCUSSION AND ANALYSIS
Item 7. MANAGEMENT’S DISCUSSION AND ANALYSIS
Item 7. MANAGEMENT’S DISCUSSION AND ANALYSIS
Item 7. MANAGEMENT’S DISCUSSION AND ANALYSIS
Item 7A. QUANTITATIVE AND QUALITATIVE DISCL
Item 7A. QUANTITATIVE AND QUALITATIVE DISCL
Item 8. FINANCIAL STATEMENTS AND SUPPLEM
Item 8. FINANCIAL STATEMENTS AND SUPPLEM
Archer Daniels Midland CompanyConsolidated St
Archer Daniels Midland CompanyConsolidated St
Archer Daniels Midland CompanyConsolidated Bala
Archer Daniels Midland CompanyConsolidated Bala
Archer Daniels Midland CompanyConsolidated Stat
Archer Daniels Midland CompanyConsolidated Stat
Archer Daniels Midland CompanyConsolidated Stat
Archer Daniels Midland CompanyConsolidated Stat
Archer Daniels Midland CompanyNotes to Consolid
Archer Daniels Midland CompanyNotes to Consolid
Archer Daniels Midland CompanyNotes to Consolid
Archer Daniels Midland CompanyNotes to Consolid
Archer Daniels Midland CompanyNotes to Consolid
Archer Daniels Midland CompanyNotes to Consolid
Archer Daniels Midland CompanyNotes to Consolid
Archer Daniels Midland CompanyNotes to Consolid
Archer Daniels Midland CompanyNotes to Consolid
Archer Daniels Midland CompanyNotes to Consolid
Archer Daniels Midland CompanyNotes to Consolid
Archer Daniels Midland CompanyNotes to Consolid
Archer Daniels Midland CompanyNotes to Consolid
Archer Daniels Midland CompanyNotes to Consolid
Archer Daniels Midland CompanyNotes to Consolid
Archer Daniels Midland CompanyNotes to Consolid
Archer Daniels Midland CompanyNotes to Consolid
Archer Daniels Midland CompanyNotes to Consolid
Archer Daniels Midland CompanyNotes to Consolid
Archer Daniels Midland CompanyNotes to Consolid
Archer Daniels Midland CompanyNotes to Consolid
Archer Daniels Midland CompanyNotes to Consolid
Archer Daniels Midland CompanyNotes to Consolid
Archer Daniels Midland CompanyNotes to Consolid
Archer Daniels Midland CompanyNotes to Consolid
Archer Daniels Midland CompanyNotes to Consolid
Archer Daniels Midland CompanyNotes to Consolid
Archer Daniels Midland CompanyNotes to Consolid
Archer-Daniels-Midland CompanyNotes to Consolid
Archer-Daniels-Midland CompanyNotes to Consolid
Archer Daniels Midland CompanyNotes to Consolid
Archer Daniels Midland CompanyNotes to Consolid
Archer Daniels Midland CompanyNotes to Consolid
Archer Daniels Midland CompanyNotes to Consolid
Archer Daniels Midland CompanyNotes to Consolid
Archer Daniels Midland CompanyNotes to Consolid
Archer Daniels Midland Co
Archer Daniels Midland Co
Archer Daniels Midland CompanyNotes to Consolid
Archer Daniels Midland CompanyNotes to Consolid
Archer Daniels Midland CompanyNotes to Consolid
Archer Daniels Midland CompanyNotes to Consolid
Archer Daniels Midland CompanyNotes to Consolid
Archer Daniels Midland CompanyNotes to Consolid
Archer Daniels Midland CompanyNotes to Consolid
Archer Daniels Midland CompanyNotes to Consolid
Archer Daniels Midland CompanyNotes to Consolid
Archer Daniels Midland CompanyNotes to Consolid
Archer Daniels Midland CompanyNotes to Consolid
Archer Daniels Midland CompanyNotes to Consolid
Archer Daniels Midland CompanyNotes to Consolid
Archer Daniels Midland CompanyNotes to Consolid
Archer Daniels Midland CompanyNotes to Consolid
Archer Daniels Midland CompanyNotes to Consolid
Archer Daniels Midland CompanyNotes to Consolid
Archer Daniels Midland CompanyNotes to Consolid
Archer Daniels Midland CompanyNotes to Consolid
Archer Daniels Midland CompanyNotes to Consolid
Archer Daniels Midland CompanyNotes to Consolid
Archer Daniels Midland CompanyNotes to Consolid
Archer Daniels Midland CompanyNotes to Consolid
Archer Daniels Midland CompanyNotes to Consolid
Archer Daniels Midland CompanyNotes to Consolid
Archer Daniels Midland CompanyNotes to Consolid
Archer Daniels Midland CompanyNotes to Consolid
Archer Daniels Midland CompanyNotes to Consolid
Archer Daniels Midland CompanyNotes to Consolid
Archer Daniels Midland CompanyNotes to Consolid
Archer Daniels Midland CompanyNotes to Consolid
Archer Daniels Midland CompanyNotes to Consolid
Archer Daniels Midland CompanyNotes to Consolid
Archer Daniels Midland CompanyNotes to Consolid
Archer Daniels Midland CompanyNotes to Consolid
Archer Daniels Midland CompanyNotes to Consolid
Archer Daniels Midland CompanyNotes to Consolid
Archer Daniels Midland CompanyNotes to Consolid
Archer Daniels Midland CompanyNotes to Consolid
Archer Daniels Midland CompanyNotes to Consolid
Archer Daniels Midland CompanyNotes to Consolid
Archer Daniels Midland CompanyNotes to Consolid
Archer Daniels Midland CompanyNotes to Consolid
Archer Daniels Midland CompanyNotes to Consolid
Archer Daniels Midland CompanyNotes to Consolid
Archer Daniels Midland CompanyNotes to Consolid
Report of Independent Registered Public Accountin
Report of Independent Registered Public Accountin
Report of Independent Registered Public Accountin
Report of Independent Registered Public Accountin
Item 9. CHANGES IN AND DISAGREEMENTS WIT
Item 9. CHANGES IN AND DISAGREEMENTS WIT
PART IIIItem 10. DIRECTORS, EXECUTIVE OFF
PART IIIItem 10. DIRECTORS, EXECUTIVE OFF
Item 10. DIRECTORS,
Item 10. DIRECTORS,
Item 10. DIRECTORS,
Item 10. DIRECTORS,
Item 11. EXECUTIVE COMPENSATIONInformati
Item 11. EXECUTIVE COMPENSATIONInformati
PART IVItem 15. EXHIBITS AND FINANCIAL
PART IVItem 15. EXHIBITS AND FINANCIAL
Item 15. EXHIBITS AND FINANCIAL STATEMENT
Item 15. EXHIBITS AND FINANCIAL STATEMENT
Item 15. EXHIBITS AND FINANCIAL STATEMENT
Item 15. EXHIBITS AND FINANCIAL STATEMENT
Item 15. EXHIBITS AND FINANCIAL ST
Item 15. EXHIBITS AND FINANCIAL ST
SIGNATURESPursuant to the requirements of Secti
SIGNATURESPursuant to the requirements of Secti
StockHolDer inforMAtion Copies of the
StockHolDer inforMAtion Copies of the