e424b7
 

SUPPLEMENT NO. 1
(To Prospectus Dated August 27, 2007)
  Filed Pursuant to Rule 424(b)(7)
File No. 333-145733
Archer-Daniels-Midland Company
$1,150,000,000 0.875% Convertible Senior Notes due 2014
     This Supplement No. 1 supplements our prospectus dated August 27, 2007 relating to the resale from time to time by certain selling securityholders of up to $1,150,000,000 principal amount of 0.875% Convertible Senior Notes due 2014 (the “notes”) and the shares of common stock issuable upon conversion of the notes. You should read this Supplement No. 1 in conjunction with the prospectus. This Supplement No. 1 is qualified by reference to the prospectus, except to the extent that the information in this Supplement No. 1 supersedes that information.
     The information appearing under the heading “Selling Securityholders” in the prospectus is hereby amended by the addition or substitution, as applicable, of the following information:
                         
            Number of Shares of Common  
            Stock  
    Principal Amount of              
    Notes Beneficially              
    Owned and Offered     Beneficially     Offered  
Name   Hereby     Owned (1)     Hereby (2)  
AIP Convertible Arbitrage Fund of a Series of Underlying Fund Trust
  $ 1,000,000       22,834.30       22,834.30  
Alcon 401(k) Retirement Plan (3)
    750,000       17,125.73       17,125.73  
American Skandia Trust
    1,500,000       34,251.45       34,251.45  
Amerisure Mutual Insurance Company (3)
    4,170,000       95,219.03       95,219.03  
Anthem Insurance Company (3)
    6,280,000       143,399.40       143,399.40  
Aristeia International Limited (4)
    10,000,000       228,343.00       228,343.00  
Attorneys Liability Assurance Society
    265,000       6,051.09       6,051.09  
Aviva Capital Management (5)
    3,300,000       75,353.19       75,353.19  
Benchmark Select Managers Fund, LP (6)
    600,000       13,700.58       13,700.58  
Blue Cross of California (3)
    8,100,000       184,957.83       184,957.83  
CALAMOS Convertible Fund — CALAMOS Investment Trust (7)
    7,350,000       167,832.11       167,832.11  
California State Auto Association (3)
    3,670,000       83,801.88       83,801.88  
Catholic Mutual Relief Society of America (3)
    320,000       7,306.98       7,306.98  
CGNU Life Fund (5)
    1,600,000       36,534.88       36,534.88  
Chicago Hospital Risk Pooling Program (8)
    1,040,000       23,747.67       23,747.67  
Citigroup Global Markets Inc. (9)
    5,005,000       1,964,603.67       114,285.67  
City of Southfield — Fire and Police Retirement System
    190,000       4,338.52       4,338.52  
Commercial Union Life Fund (5)
    1,900,000       43,385.17       43,385.17  
Commonwealth Professional Assurance Co.
    640,000       14,613.95       14,613.95  
Concord Hospital — Employees’ Pension Fund
    170,000       3,881.83       3,881.83  
Concord Hospital — Non-Pension Fund
    275,000       6,279.43       6,279.43  
Cowen and Company LLC (9)
    1,000,000       22,834.30       22,834.30  
Credit Suisse Securities (USA) LLC (9)
    8,700,000       198,658.41       198,658.41  
Cumberland Insurance Company
    370,000       8,448.69       8,448.69  
Cumberland Mutual Fire Insurance
    1,510,000       34,479.79       34,479.79  
DaimlerChrysler Corp Emp. #1 Pension Plan, dtd 4/1/89 (10)
    4,484,000       102,389.00       102,389.00  
Dow Chemical Company Employees’ Retirement Plan (7)
    2,700,000       61,652.61       61,652.61  
Excellus Health Plan
    3,140,000       71,699.70       71,699.70  
Florida Power and Light Group Inc. Employee Pension Plan (10)
    1,728,000       39,457.67       39,457.67  

 


 

                         
            Number of Shares of Common  
            Stock  
    Principal Amount of              
    Notes Beneficially              
    Owned and Offered     Beneficially     Offered  
Name   Hereby     Owned (1)     Hereby (2)  
Fuji US Income Open
    1,250,000       28,542.88       28,542.88  
Georgia Firefighters Pension Fund
    475,000       10,846.29       10,846.29  
Government of Singapore Investment Corporation Pte Ltd.
    20,249,000       462,371.74       462,371.74  
Guardian Pension Trust (11)(12)
    650,000       14,842.30       14,842.30  
Injured Workers Insurance Fund
    750,000       17,125.73       17,125.73  
Jabre Capital Partners SA
    10,000,000       656,343.00       228,343.00  
JP Morgan Securities, Inc. (9)(12)
    10,525,000       240,331.01       240,331.01  
KBC Financial Products USA Inc. (9)(13)
    35,700,000       815,184.51       815,184.51  
Lehman Brothers, Inc. (9)
    2,000,000       45,668.60       45,668.60  
LibertyView Convertible Arbitrage Fund, LP (6)
    4,000,000       91,337.20       91,337.20  
LibertyView Funds, LP (6)
    11,000,000       251,177.30       251,177.30  
LibertyView Socially Responsible Fund, LP (6)
    1,000,000       22,834.30       22,834.30  
Lord Abbett America’s Value Fund
    2,000,000       45,668.60       45,668.60  
Lord Abbett Series Fund — America’s Value Portfolio
    250,000       5,708.58       5,708.58  
Lord Abbett Series Fund — Bond Debenture Portfolio
    1,000,000       22,834.30       22,834.30  
MAG Mutual Insurance Company (8)
    1,315,000       30,027.10       30,027.10  
MedAmerica Insurance Co. Hartford Trust
    585,000       13,358.07       13,358.07  
MedAmerica Insurance PA
    825,000       18,838.30       18,838.30  
MedAmerica New York Insurance
    735,000       16,783.21       16,783.21  
Merrill Lynch Insurance Group Bond Debenture Portfolio
    50,000       1,141.72       1,141.72  
Merrill Lynch, Pierce, Fenner & Smith (9)(14)
    17,025,000       388,753.96       388,753.96  
Met Investor Series Trust — Bond Debenture
    5,000,000       114,171.50       114,171.50  
MIG Assurance Company (Cayman) Ltd. (3)
    1,200,000       27,401.16       27,401.16  
MIG Assurance Convertible Portfolio
    945,000       21,578.41       21,578.41  
Norwich Union Life & Pensions (5)
    3,900,000       89,053.77       89,053.77  
Pimco Convertible Fund (15)
    2,425,000       55,373.18       55,373.18  
Privilege Portfolio SICAV (5)
    10,000,000       228,343.00       228,343.00  
Pro-Mutual
    952,000       21,738.25       21,738.25  
Qwest Pension Trust (3)
    6,170,000       140,887.63       140,887.63  
Radian Asset Assurance, Inc.
    1,675,000       38,247.45       38,247.45  
Radian Guaranty
    355,000       8,106.18       8,106.18  
Radian Insurance Inc.
    4,250,000       97,045.78       97,045.78  
Rampart Convertible Arbitrage Investors (II), LLC (10)
    788,000       17,993.43       17,993.43  
Teachers’ Retirement System (3)
    6,170,000       140,887.63       140,887.63  
The Doctors Company (3)
    3,140,000       71,699.70       71,699.70  
Trust D for a Portion of the Assets of the Kodak Retirement Income Plan (6)
    4,400,000       100,470.92       100,470.92  
Tufts Associated Health Plans
    1,160,000       26,487.79       26,487.79  
UBS AG F/B/O IPB Client (16)
    9,000,000       205,508.70       205,508.70  
UMass Memorial Health Care
    405,000       9,247.89       9,247.89  
UMass Memorial Investment Partnership
    510,000       11,645.49       11,645.49  
University of Massachusetts
    280,000       6,393.60       6,393.60  
Virginia Retirement System (3)
    15,370,000       350,963.19       350,963.19  
Wachovia Securities International LTD. (9)(12)
    2,000,000       45,668.60       45,668.60  
Zazove Institutional Investment Grade (3)
    1,370,000       31,282.99       31,282.99  
 
(1)   Assumes for each $1,000 in principal amount of the notes a maximum of 22.8343 shares of common stock could be issued upon conversion. This conversion rate is subject to adjustment, however, as described in this prospectus under “Description of the Notes—Adjustment to Conversion Rate.” As a result, the maximum number of shares of our common stock issuable upon conversion of the notes may increase or decrease in the future.
 
(2)   Represents the maximum number of shares of our common stock issuable upon conversion of all of the holder’s notes,

 


 

    based on the initial conversion rate of 22.8343 shares of our common stock per $1,000 principal amount at maturity of the notes. This conversion rate is subject to adjustment, however, as described in this prospectus under “Description of the Notes—Adjustment to Conversion Rate.” As a result, the maximum number of shares of our common stock issuable upon conversion of the notes may increase or decrease in the future.
 
(3)   Gene Pretti is the natural person who may exercise voting power and investment control over this selling securityholder’s notes and common stock issuable upon the conversion of the notes.
 
(4)   Aristeia Capital LLC is the investment manager for Aristeia International Limited. Aristeia Capital LLC is jointly owned by Kevin Toner, Robert H. Lynch Jr., Anthony Frascella and William R. Techer.
 
(5)   David Clott is the natural person who may exercise voting power and investment control over this selling securityholder’s notes and common stock issuable upon the conversion of the notes.
 
(6)   LibertyView Convertible Arbitrage Fund, LP, LibertyView Funds, LP, LibertyView Socially Responsible Fund, LP, Benchmark Select Managers Fund, and Trust D for a Portion of the Assets of the Kodak Retirement Income Plan have a common investment advisor, Neuberger Berman, LLC, that has voting and dispositive power over the shares held by them, which is exercised by Richard A. Meckler. Since they have hired a common investment advisor, these entities are likely to vote together. Additionally, there may be common investors within the different accounts managed by the same investment advisor. The General Partner of LibertyView Convertible Arbitrage Fund, LP, LibertyView Funds, LP, and LibertyView Socially Responsible Fund, LP is Neuberger Berman Asset Management, LLC, which is affiliated with Neuberger Berman, LLC, a registered broker-dealer. Benchmark Select Managers Fund and Trust D for a Portion of the Assets of the Kodak Retirement Income Plan are not in any way affiliated with a broker-dealer.
 
(7)   Nick Calamos is the natural person who may exercise voting power and investment control over this selling securityholder’s notes and common stock issuable upon the conversion of the notes.
 
(8)   With respect to some of the securities listed herein, Gene Pretti is the natural person who may exercise voting power and investment control over this selling securityholder’s notes and common stock issuable upon the conversion of the notes.
 
(9)   The selling securityholder is a broker-dealer. Certain broker-dealers have acted in the past and may act in the future as underwriters or initial purchasers of our securities. Citigroup Global Markets Inc., JP Morgan Securities, Inc. and Merrill Lynch, Pierce, Fenner & Smith were all initial purchasers of the notes.
 
(10)   Jack Feiler is the natural person who may exercise voting power and investment control over this selling securityholder’s notes and common stock issuable upon the conversion of the notes.
 
(11)   John Murphy is the natural person who may exercise voting power and investment control over this selling securityholder’s notes and common stock issuable upon the conversion of the notes.
 
(12)   The selling securityholder is an affiliate of a broker-dealer.
 
(13)   The securities are under the total control of KBC Financial Products USA Inc. KBC Financial Products USA Inc. is a direct wholly-owned subsidiary of KBC Financial Holdings, Inc., which in turn is a direct wholly-owned subsidiary of KBC Bank N.V., which in turn is a direct wholly-owned subsidiary of KBC Group N.V., a publicly traded entity.
 
(14)   Tim Reilly is the natural person who may exercise voting power and investment control over this selling securityholder’s notes and common stock issuable upon the conversion of the notes.
 
(15)   Mark Hudoff is the natural person who may exercise voting power and investment control over this selling securityholder’s notes and common stock issuable upon the conversion of the notes.
 
(16)   Alexander Warren is the natural person who may exercise voting power and investment control over this selling securityholder’s notes and common stock issuable upon the conversion of the notes.
     Based upon information provided by the selling securityholders, none of the selling securityholders nor any of their affiliates, officers, directors or principal equity holders has held any position or office or has had any material relationship with us within the past three years, other than as described in footnote 9. None of the selling securityholders listed above owned 1% or more of our outstanding common stock either before or after this offering.
     Selling securityholders who are registered broker-dealers or affiliates of registered broker-dealers may be deemed to be “underwriters” within the meaning of the Securities Act. To our knowledge, no selling securityholder who is a registered broker-dealer or an affiliate of a registered broker-dealer received any securities as underwriting compensation.
     Information concerning the selling securityholders may change from time to time and any changed information will be set forth in additional supplements to the prospectus if and when necessary. In addition, the conversion rate and, therefore, the number of shares of common stock issuable upon conversion of the notes, are subject to adjustment under certain circumstances.
     See “RISK FACTORS” beginning on page 4 of the prospectus for information you should consider before buying any securities hereunder.
     Neither the Securities and Exchange Commission nor any state securities commission has approved or disapproved of these securities or passed upon the adequacy or accuracy of this supplement or the prospectus. Any representation made to the contrary is a criminal offense.
The date of this supplement is November 30, 2007.