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ADM EARNS 42 CENTS A SHARE IN SECOND QUARTER

 ADM EARNS 42 CENTS A SHARE IN SECOND QUARTER
 DECATUR, Ill., Jan. 16 /PRNewswire/ -- Archer Daniels Midland


Company (NYSE: ADM) today reported net earnings of $131,054,000 equal to 42 cents per share, for the three months ended Dec. 31, 1991, based on average shares of ADM stock outstanding of 311,969,000 shares. This compares with earnings of $117,439,000, equal to 37 cents per share on 315,212,000 shares outstanding in the same period a year ago, adjusted for the 5 percent stock dividend in September 1991.
 For the first six months of the current fiscal year, July through December, net earnings after taxes totaled $257,555,000, equal to 83 cents per share based on average shares outstanding of 311,661,000, compared with earnings of $225,170,000 or 71 cents per share on 314,558,000 shares outstanding for the six-month period of a year ago, adjusted as above.
 Provisions for federal and state income taxes for the first six months of the current fiscal year were $139,166,000, compared with $121,441,000 in the same period a year ago.
 -0- 1/16/92
 /CONTACT: Douglas J. Schmalz of Archer Daniels Midland, 217-424-5341/
 (ADM) CO: Archer Daniels Midland Company ST: Illinois IN: FOD SU: ERN


SM-JT -- NY079 -- 0631 01/16/92 15:19 EST
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Date:Jan 16, 1992
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