The world's population will soon exceed six billion persons with rising standards of living. To meet their nutritional needs we must prepare to double our food supply during the coming decades. It is increasingly essential that the world's food markets be opened and trade liberalized. Food is destined to play a vital rote in tomorrow's global security. We remain confident that the globalization of our food economy is a significant positive development for ADM. Our network of agricultural businesses is unparalleled. It extends from the world's most fertile farmland to its most remote consumers.