Curbing Post-Harvest Losses Could Help Agriculture Meet Growing Food Needs, ADM's Woertz Tells Davos Audience

By Adm International Sarl, PRNE
Tuesday, January 26, 2010

ADM Chairman, CEO Serves as Co-chair of World Economic Forum Annual Meeting, Highlighting the Role of Agricultural Investment in Global Economic Recovery

ROLLE, Switzerland, January 27 - Investment in agriculture and infrastructure can play a vital
role in the general economic recovery and in the broader, long term issues of
serving growing, global needs for food and energy, Archer Daniels Midland
Company (NYSE: ADM) Chairman, CEO and President Patricia Woertz told an
audience of business leaders at the opening of the World Economic Forum
Annual Meeting in Davos, Switzerland, today.

The value of agriculture in economic recovery

Woertz, a co-chairman of this year's Annual Meeting, urged
those in attendance to help ensure that agriculture's development remains a
focus for the world community as the global economic recovery gains momentum.
"My perspective comes from the agricultural sector-where we are keenly aware
of the link between agriculture…and economic recovery-particularly since
agricultural growth is especially effective in reducing poverty," she said.
"In fact, it is twice as effective in benefitting the poorest half of a
country's population as growth generated in nonagricultural sectors.

"Agriculture plays such a fundamental role in the state of the
world, she said, "yet in other recoveries, agriculture has often been left
behind. We've got to include agriculture this time."

A four-pillar framework for agricultural growth

Woertz is scheduled to speak several times during the Annual
Meeting and will be discussing a framework that will help ensure agriculture
grows to meet future needs.

Noting that 10 to 20 percent of the global grain harvest is
lost each year to improper or inefficient storage and handling, Woertz says,
"Clearly, agriculture must do better. Preserving what is already grown is
critical to reaching those who need crops most, and to making the most of the
land, water, energy and other inputs already used to grow crops."

Woertz says ADM is exploring collaborations with the
Postharvest Technology Research & Information Center at the University of
California, Davis
, to help expand knowledge of proper post-harvest handling
methods among growers worldwide. Last year, UC-Davis reported that fully 95
percent of research dollars directed at agriculture were focused on
production, while just five percent was dedicated to the study of postharvest
handling and infrastructure. "We think this is an area ripe for
public/private partnerships," Woertz notes.

Mitigating post-harvest losses, she adds, part of a four-part
approach needed to ensure agriculture's ability to fulfill the world's
increasing food and energy needs. The other three parts are: making more
efficient use of today's crops, improving productivity on existing farmland,
and sustainably bringing some additional arable land into production.

Woertz noted that ADM is working with others in the World
Economic Forum to help create a "New Vision for Agriculture" that aligns
public and private efforts to address food security, to increase agricultural
production in an environmentally sustainable manner, and to generate economic
growth and prosperity. She said that the World Economic Forum is a
"particularly effective forum for fostering the collaborative,
multi-stakeholder, holistic approach to critical issues that is most needed
now-and will be the approach that leads to practical, lasting improvements."

About ADM

Every day, the 28,000 people of Archer Daniels Midland Company
(NYSE: ADM) turn crops into renewable products that meet the demands of a
growing world. At more than 230 processing plants, we convert corn, oilseeds,
wheat and cocoa into products for food, animal feed, chemical and energy
uses. We operate the world's premier crop origination and transportation
network, connecting crops and markets in more than 60 countries. Our global
headquarters is in Decatur, Illinois, and our net sales for the fiscal year
ended June 30, 2009, were $69 billion. For more information about our Company
and our products, visit www.adm.com.

    Contact:

    ADM
    Media Relations
    +1-217-424-5413
    media@adm.com

Contact: ADM, Media Relations, +1-217-424-5413, media at adm.com

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