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ADM Launches Grower Health Insurance Program

08/22/2007
Archer Daniels Midland Company (ADM: NYSE) today announced the launch of a group health insurance program for grain producers who are suppliers of ADM. The Partners in Production insurance program is being offered through Agri-Services Agency.

“The high cost of healthcare is one of the biggest challenges farmers and their families face,” said Matt Jansen, president, Grain Group. “ADM is the first grain originator to offer access to a health insurance program like this, which reflects our commitment to helping meet the needs of farmers.”

Eligible growers can choose from a variety of individual and family plans, including traditional, PPO and high-deductible. The program is available in the following states: Illinois, Iowa, Kansas, Michigan, Minnesota, Missouri, Montana, Nebraska, Oklahoma and Texas. It will eventually be expanded to cover additional states.

In addition to providing health insurance access, the program also provides growers the opportunity to lower their health insurance premium by offering ADM bushels of grain.

For more information on Partners and Production, visitwww.agri-servicesagency.com or call 866-297-7729.

 

Contact:
ADM Media Relations
217/424-5413
media@adm.com