EXHIBIT 24 POWER OF ATTORNEY KNOW ALL MEN BY THESE PRESENTS, that each person whose name appears below constitutes and appoints Robert B. Terry and Terry M. Campbell, and each of them, his or her true and lawful attorney-in-fact and agent with full power of substitution and revocation in his or her name, place and stead, to do any and all acts and things and to execute any and all instruments which they may deem necessary or advisable to enable Farmland Industries, Inc. (the "Company") to comply with the Securities Act of 1933 (the "Act") and any rules, regulations and requirements of the Securities and Exchange Commission in respect thereof, in connection with the registration under the Act of Cumulative Redeemable Preferred Shares of the Company, including power and authority to sign his or her name in any and all capacities (including his or her capacity as a director and/or officer of the Company) to Registration Statements, and in any and all capacities, to sign any and all amendments (including post-effective amendments) to such Registration Statement, as well as any related registration statement (or amendments thereto) filed pursuant to Rule 462(b) promulgated under the Securities Act of 1933, and to file the same, with all exhibits thereto and other documents in connection therewith, with the Securities and Exchange Commission, granting unto said attorneys-in-fact and agents, and each of them, full power and authority to do and perform each and every act and thing requisite and necessary to be done in and about the premises, as fully to all intents and purposes as he or she might or could do in person, hereby ratifying and confirming all that said attorneys-in-fact and agents or any of them or his substitute or substitutes, may lawfully do or cause to be done by virtue hereof. This Power of Attorney may be executed in multiple counterparts, each of which shall be deemed an original, but which taken together shall constitute one instrument. PURSUANT TO THE REQUIREMENTS OF THE SECURITIES ACT OF 1933, THIS REGISTRATION STATEMENT HAS BEEN SIGNED BY THE FOLLOWING PERSONS IN THE CAPACITIES AND ON THE DATES INDICTED. In witness whereof, the undersigned have subscribed this ______ day of _____, 19____. Signature Title Date /s/ Albert J. Shivley Chairman of Board Albert J. Shivley and Director /s/ H. D. Cleberg President, H. D. Cleberg Chief Executive Officer and Director (Principal Executive Officer) /s/ Otis H. Molz Vice Chairman of Board Otis H. Molz and Director /s/ Lyman L. Adams, Jr. Director Lyman L. Adams, Jr. /s/ Ronald J. Amundson Director Ronald J. Amundson /s/ Baxter Ankerstjerne Director Baxter Ankerstjerne /s/ Jody Bezner Director Jody Bezner /s/ Richard L. Detten Director Richard L. Detten /s/ Steven Erdman Director Steven Erdman /s/ Harry Fehrenbacher Director Harry Fehrenbacher /s/ Warren Gerdes Director Warren Gerdes /s/ Ben Griffith Director Ben Griffith /s/ Gail D. Hall Director Gail D. Hall /s/ Barry Jensen Director Barry Jensen /s/ Ron Jurgens Director Ron Jurgens /s/ William F. Kuhlman Director William F. Kuhlman /s/ Greg Pfenning Director Greg Pfenning /s/ Monte Romohr Director Monte Romohr /s/ Joe Royster Director Joe Royster /s/ E. Kent Stamper Director E. Kent Stamper /s/ Eli F. Vaughn Director Eli F. Vaughn /s/ Frank Wilson Director Frank Wilson