Ownership Submission
FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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(Print or Type Responses)
1. Name and Address of Reporting Person *
GARCEAU DENNIS C
  2. Issuer Name and Ticker or Trading Symbol
ARCHER DANIELS MIDLAND CO [ADM]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
Vice President
(Last)
(First)
(Middle)
4666 FARIES PARKWAY
3. Date of Earliest Transaction (Month/Day/Year)
05/03/2006
(Street)

DECATUR, IL 62526
4. If Amendment, Date Original Filed(Month/Day/Year)
6. Individual or Joint/Group Filing(Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
(City)
(State)
(Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 05/03/2006   M   2,140 A $ 13.6871 133,985 D  
Common Stock 05/03/2006   M   2,572 A $ 13.5246 136,557 D  
Common Stock 05/03/2006   M   6,890 A $ 11.3379 143,447 D  
Common Stock 05/03/2006   F   1,516 D $ 42.255 141,931 D  
Common Stock 05/03/2006   F   1,051 D $ 41.9 140,880 D  
Common Stock 05/03/2006   S   25,000 D $ 43.2046 115,880 D  
Common Stock 05/03/2006   S   3,003 D $ 43.35 112,877 D  
Common Stock               44,445.8155 (1) I Employee Benefit Plan

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(Month/Day/Year)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Employee Stock Option (right to buy) $ 13.6871 05/03/2006   M     2,140   (2) 04/17/2007 Common Stock 2,140 $ 0 0 D  
Employee Stock Option (right to buy) $ 13.5246 05/03/2006   M     2,572   (3) 05/03/2009 Common Stock 2,572 $ 0 5,147 D  
Employee Stock Option (right to buy) $ 11.3379 05/03/2006   M     6,890   (4) 05/01/2010 Common Stock 6,890 $ 0 2,297 D  

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
GARCEAU DENNIS C
4666 FARIES PARKWAY
DECATUR, IL 62526
      Vice President  

Signatures

 Stuart E. Funderburg, Attorney-in-Fact for Dennis C. Garceau   05/04/2006
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1) Between February 9, 2006 and May 3, 2006, the reporting person acquired 314.5404 shares of ADM Common Stock pursuant to an employee benefit plan. The information in this report is based on a plan statement dated May 3, 2006.
(2) The option becomes exercisable in approximately 11.1% increments annually commencing on April 17, 1998.
(3) The option becomes exercisable in approximately 11.1% increments annually commencing on May 3, 2000.
(4) The option was granted in three tranches (A, B and C). The option becomes exercisable in eight equal annual installments commencing on May 1, 2002; provided that the three tranches are exercisable sequentially commencing with Tranche A.

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