NEW YORK (Standard&Poor's) March 30, 2011--Standard&Poor's Ratings Services said today that it is assigning its 'A' rating to Archer Daniels Midland Co.'s $750 million and $1 billion senior unsecured notes due 2021 and 2041, respectively. At the same time, we are withdrawing our 'BBB+' rating on the company's $1.75 billion (equity units) debentures due June 1, 2011, which are being remarketed today into the aforementioned senior unsecured notes. The ratings on the new notes are the same as the corporate credit rating because we consider them to be senior unsecured debt obligations of the company following the remarketing. (The equity unit debenture were previously rated 'BBB+' (two notches below the corporate credit rating) because we considered
