NEW YORK (Standard&Poor's) Feb. 9, 2011--Standard&Poor's Ratings Services said today that it is assigning its 'A' rating to Archer Daniels Midland's $1.5 billion, senior unsecured floating rate notes due 2012. The company has indicated that the notes will be used for general corporate purposes, including meeting working capital requirements. The ratings on Archer Daniels Midland Co. (ADM, A/Stable/A-1) reflect a strong business risk profile, supported by the company's position as one of the world's leading agribusiness companies, with major North American market positions in agricultural processing, merchandising, and ethanol production; and a modest financial profile, characterized by a highly liquid balance sheet and a history of maintaining a debt to EBITDA ratio less than 2.5x. Although
