PROSPECTUS SUPPLEMENT DATED JANUARY 28, 2000 TO


                       PROSPECTUS DATED JANUARY 27, 2000




                           FARMLAND INDUSTRIES, INC.


                        DEMAND LOAN CERTIFICATES

                        SUBORDINATED DEBENTURE BONDS
                          Ten-Year, Series   A
                          Ten-Year, Series   B
                          Five-Year, Series  C
                          Five-Year, Series  D
                          Ten-Year Monthly Income, Series   E
                          Ten-Year Monthly Income, Series   F
                          Five-Year Monthly Income, Series  G
                          Five-Year Monthly Income, Series  H




Effective January 28, 2000, the following two paragraphs have been added as
the second and third paragraph of the section entitled "Results of Operations
 - General" located on page 45 of the prospectus:

      The unification of Farmland and Cenex Harvest States
      Cooperatives ("CHS") that was previously proposed to the
      membership of both cooperatives, fell just short of the two-
      thirds majority vote of CHS' members which were needed to move
      the unification forward.  However, the boards of directors and
      management of Farmland and Cenex Harvest States have continued
      to discuss plans for a compete unification.

      Based on such discussions and feedback from the membership of
      the cooperatives, the boards of directors of Farmland and CHS
      announced that they intend to resubmit a plan for a complete
      consolidation to their memberships for a vote of approval in
      late summer 2000.