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The Board of Directors and Shareholders Archer Daniels Midland Company Decatur, Illinois Report of Independent Registered Public Accounting Firm We have audited Archer Daniels Midland Company’s internal control over financial reporting as of June 30, 2008, based on criteria established in Internal Control—Integrated Framework issued by the Committee of Sponsoring Organizations of the Treadway Commission (the COSO criteria). Archer Daniels Midland Company’s management is responsible for maintaining effective internal control over financial reporting, and for its assessment of the effectiveness of internal control over financial reporting included in the accompanying Management’s Report on Internal Control Over Financial Reporting. Our responsibility is to express an opinion on the company’s internal control over financial reporting based on our audit. We conducted our audit in accordance with the standards of the Public Company Accounting Oversight Board (United States). Those standards require that we plan and perform the audit to obtain reasonable assurance about whether effective internal control over financial reporting was maintained in all material respects. Our audit included obtaining an understanding of internal control over financial reporting, assessing the risk that a material weakness exists, testing and evaluating the design and operating effectiveness of internal control based on the assessed risk, and performing such other procedures as we considered necessary in the circumstances. We believe that our audit provides a reasonable basis for our opinion. A company’s internal control over financial reporting is a process designed to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles. A company’s internal control over financial reporting includes those policies and procedures that (1) pertain to the maintenance of records that, in reasonable detail, accurately and fairly reflect the transactions and dispositions of the assets of the company; (2) provide reasonable assurance that transactions are recorded as necessary to permit preparation of financial statements in accordance with generally accepted accounting principles, and that receipts and expenditures of the company are being made only in accordance with authorizations of management and directors of the company; and (3) provide reasonable assurance regarding prevention or timely detection of unauthorized acquisition, use, or disposition of the company’s assets that could have a material effect on the financial statements. Because of its inherent limitations, internal control over financial reporting may not prevent or detect misstatements. Also, projections of any evaluation of effectiveness to future periods are subject to the risk that controls may become inadequate because of changes in conditions, or that the degree of compliance with the policies or procedures may deteriorate. In our opinion, Archer Daniels Midland Company maintained, in all material respects, effective internal control over financial reporting as of June 30, 2008, based on the COSO criteria. We also have audited, in accordance with the standards of the Public Company Accounting Oversight Board (United States), the consolidated balance sheets of Archer Daniels Midland Company as of June 30, 2008 and 2007, and the related consolidated statements of earnings, shareholders’ equity, and cash flows for each of the three years in the period ended June 30, 2008, of Archer Daniels Midland Company and our report dated August 22, 2008, expressed an unqualified opinion thereon. St. Louis, Missouri August 22, 2008 74 /s/ Ernst & Young LLP
Item 9. CHANGES IN AND DISAGREEMENTS WITH ACCOUNTANTS ON ACCOUNTING AND FINANCIAL DISCLOSURE None. Item 9A. CONTROLS AND PROCEDURES As of June 30, 2008, an evaluation was performed under the supervision and with the participation of the Company’s management, including the Chief Executive Officer and Chief Financial Officer, of the effectiveness of the design and operation of the Company’s “disclosure controls and procedures” (as defined in Rules 13a- 15(e) and 15d-15(e) under the Securities Exchange Act of 1934 (the Exchange Act)). Based on that evaluation, the Company’s management, including the Chief Executive Officer and Chief Financial Officer, concluded the Company’s disclosure controls and procedures were effective to ensure that information required to be disclosed by the Company in reports that it files or submits under the Exchange Act is (i) recorded, processed, summarized and reported within the time periods specified in Securities and Exchange Commission rules and forms and (ii) accumulated and communicated to the CEO and CFO to allow timely decisions regarding required disclosure. There was no change in the Company’s internal controls over financial reporting during the Company’s most recently completed fiscal quarter that has materially affected, or is reasonably likely to materially affect, the Company’s internal controls over financial reporting. MANAGEMENT’S REPORT ON INTERNAL CONTROL OVER FINANCIAL REPORTING Archer Daniels Midland Company’s (“ADM’s”) management is responsible for establishing and maintaining adequate internal control over financial reporting, as such term is defined in Exchange Act Rules 13a-15(f). ADM’s internal control system is designed to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements in accordance with generally accepted accounting principles. Under the supervision and with the participation of management, including its principal executive officer and principal financial officer, ADM’s management assessed the design and operating effectiveness of internal control over financial reporting as of June 30, 2008 based on the framework set forth in Internal Control-Integrated Framework issued by the Committee of Sponsoring Organizations of the Treadway Commission. Based on this assessment, management concluded that ADM’s internal control over financial reporting was effective as of June 30, 2008. Ernst & Young LLP, an independent registered public accounting firm, has issued an attestation report on the Company’s internal control over financial reporting as of June 30, 2008. That report is included herein. /s/ Patricia A. Woertz /s/ Steven R. Mills Patricia A. Woertz Steven R. Mills Chairman, Chief Executive Officer Executive Vice President & and President Chief Financial Officer Item 9B. OTHER INFORMATION None. 75
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Relatório Anual 2008 da Archer Dan
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DESTAQUES FINANCEIROS (em milhões,
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No ano, o lucro líquido atingiu US
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O ELO VITAL: Os negócios da ADM co
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O MUNDO PRECISA DE CONEXÃO. A RESP
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Erik Lightner, da ADM, supervisiona
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A BASE DE ATIVOS GLOBAIS DA ADM EST
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UNITED STATES SECURITIES AND EXCHAN
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Table of Contents Item No. Descript
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Item 1. BUSINESS (Continued) Golden
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Item 1. BUSINESS (Continued) Corpor
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Item 1. BUSINESS (Continued) The Co
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Item 1A. RISK FACTORS (Continued) T
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Item 2. PROPERTIES The Company owns
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Item 2. PROPERTIES (Continued) Othe
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Item 5. MARKET FOR REGISTRANT’S C
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Item 6. SELECTED FINANCIAL DATA Sel
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Item 7. MANAGEMENT’S DISCUSSION A
Page 37 and 38: Item 7. MANAGEMENT’S DISCUSSION A
Page 49 and 50: Item 7A. QUANTITATIVE AND QUALITATI
Page 51 and 52: Archer Daniels Midland Company Cons
Page 53 and 54: Archer Daniels Midland Company Cons
Page 55 and 56: Archer Daniels Midland Company Note
Page 63 and 64: Note 5. Investments in and Advances
Page 65 and 66: Note 7. Debt and Financing Arrangem
Page 69 and 70: Note 8. Shareholders’ Equity (Con
Page 73 and 74: Note 11. Income Taxes (Continued) A
Page 75 and 76: Note 11. Income Taxes (Continued) A
Page 77 and 78: Note 13. Employee Benefit Plans (Co
Page 87: The Board of Directors and Sharehol
Page 91 and 92: Item 10. DIRECTORS, EXECUTIVE OFFIC
Page 93 and 94: Item 12. SECURITY OWNERSHIP OF CERT
Page 95 and 96: Item 15. EXHIBITS AND FINANCIAL STA
Page 97 and 98: Item 15. EXHIBITS AND FINANCIAL STA
Page 99 and 100: EXHIBIT 21--SUBSIDIARIES OF THE REG
Page 101 and 102: Registration Statement No. 333-4261
Page 103 and 104: ARCHER-DANIELS-MIDLAND COMPANY Powe
Page 113 and 114: d) Disclosed in this report any cha
Page 115 and 116: d) Disclosed in this report any cha
Page 117 and 118: SECTION 1350 CERTIFICATION 103 Exhi
Page 119: NUTRIÇÃO CONEXÃO ENERGIA PROGRES
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Portuguese - ADM

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