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EXHIBIT 23--CONSENT OF INDEPENDENT AUDITORS

ARCHER DANIELS MIDLAND COMPANY AND SUBSIDIARIES

June 30, 1996

We consent to the incorporation by reference in this Annual
Report (Form 10-K) of Archer Daniels Midland Company of our
report dated August 1, 1996 included in the 1996 Annual Report
to Shareholders of Archer Daniels Midland Company.

We also consent to the incorporation by reference in the
following Registration Statements of our report dated August 1,
1996 with respect to the consolidated financial statements of
Archer Daniels Midland Company incorporated herein by reference,
in this Annual Report (Form 10-K) for the year ended June 30,
1996.

 Registration Statement No. 2-91811 on Form S-8 dated June 22,
 1984 (definitive Prospectus dated July 16, 1984) relating to
 the Archer  Daniels Midland Company 1982 Incentive Stock
 Option Plan.
 
 Registration Statement No. 33-49409 on Form S-8 dated March
 15, 1993 relating to the Archer Daniels Midland 1991
 Incentive Stock Option Plan and Archer Daniels Midland
 Company Savings and Investment Plan.
 
 Registration Statement No. 33-50879 on Form S-3 dated
 November 1, 1993 relating to Debt Securities and Warrants to
 purchase Debt Securities of Archer Daniels Midland Company.
 
 Registration Statement No. 33-55301 on Form S-3 dated August
 31, 1994 as amended by Amendment No. 1 dated October 7, 1994
 (definitive Prospectus dated October 11, 1994) relating to
 secondary offering of the Common Stock of Archer Daniels
 Midland Company.
 
 Registration Statement No. 33-56223 on Form S-3 dated October
 28, 1994 as amended by Amendment No. 1 dated December 27,
 1994 (definitive Prospectus dated December 30, 1994) relating
 to secondary offering of the Common Stock of Archer Daniels
 Midland Company.
 
 Registration Statement No. 33-58387 on Form S-8 dated April
 3, 1995 relating to the ADM Savings and Investment Plan for
 Salaried Employees and the ADM Savings and Investment Plan
 for Hourly Employees.
 
 
                                        ERNST & YOUNG LLP



Minneapolis, Minnesota
September 30, 1996
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