ADM, Marubeni Marketing Agreement

DECATUR - Jan 27/04 - SNS -- Archer Daniels Midland Company and Marubeni have entered a marketing agreement covering the sale of specialty grains and oilseeds in Japan.

Under the terms of the Agreement, ADM will be responsible for exporting specialty grains and oilseeds from U.S. growers to Marubeni, who will then market the products in Japan.

"ADM and Marubeni have enjoyed a long relationship in the field of conventional and specialty grains and oilseeds,” stated Lew Batchelder, ADM Senior Vice President-Grain and Transportation.

"With the Japanese government’s implementation of the Food Hygiene Law & Feed Security Legislation, effective July 1, 2003, there has been a strong demand for products that meet the high standards of identity preservation as well as food and feed safety. This will utilize the strength of ADM’s infrastructure to meet the strict standards of identity preservation required by consumers in Japan."

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