SUBSIDIARIESOF THE REGISTRANT

Fiscal Year2001

**Ceres RealtyCorporation**, a wholly-owned subsidiary, was formed under the laws of theState of Missouri. Ceres Realty Corporation has been included in theConsolidated Financial Statements filed in this registration. 

**Colorado Boar Stud RealEstate LLC**, a wholly-owned subsidiary, was formed under the laws of theState of Minnesota. Colorado Boar Stud Real Estate LLC been included in theConsolidated Financial Statements filed in this registration. 

**Double Circle FarmSupply Company**, a wholly-owned subsidiary, was formed under the laws of theState of Nevada. Double Circle Farm Supply Company has been included in theConsolidated Financial Statements filed in this registration. 

**Equity   Country,Inc.,** a wholly-owned  subsidiary,  was formed under the laws of the State ofDelaware.  Equity Country, Inc. has been included in the Consolidated  FinancialStatements filed in this registration.

**FDL  Foods,     Inc.,** a 99%-owned subsidiary, was formed under the laws of the State of     Iowa.  FDL Foods,  Inc.  has been  included in the  Consolidated  Financial     Statements filed in this registration.

**Farmers  Petroleum,     Inc.,** a wholly-owned subsidiary, was formed under the laws of the State     of Michigan.  Farmers  Petroleum Inc. has been included in the Consolidated     Financial Statements filed in this registration.

**Farmland  Foods,  Inc.,**  a 99%-owned  subsidiary,  was formed  under the laws of the State of Kansas.  Farmland  Foods,  Inc.  has been     included  in  the   Consolidated   Financial   Statements   filed  in  this     registration.

**Farmland-Harvest  States,  L.L.C.,**  an  80%-owned  subsidiary,  was formed  under the laws of the State of  Delaware.  Farmland-HarvestStates, L.L.C. has been included in the Consolidated Financial Statements filed in this registration.

**Farmland  Industrias S.A. de C.V.,** a wholly-owned  subsidiary,  was formed under the laws of Mexico.  Farmland  Industrias S.A. de C.V.has been included in the Consolidated Financial Statements filed in this registration.

**Farmland  Industries,  Ltd.,**  a  wholly-owned  subsidiary,  was formed under the laws of the United  States  Virgin  Islands.  FarmlandIndustries, Ltd. has been included in the Consolidated Financial Statements filed in this registration.

**Farmland InsuranceAgency**, a wholly-owned subsidiary, was formed under the laws of the State ofMissouri. Farmland Insurance Agency has been included in the ConsolidatedFinancial Statements filed in this registration. 

**Farmland  International  Business,  Ltd.,** a  wholly-owned  subsidiary,  was formed  under the laws of the State of  Missouri.  FarmlandInternational Business, Ltd. Has been included in the Consolidated Financial Statements filed in this registration.

**Farmland National BeefForeign Sales Corporation**, a 71.2%-owned subsidiary, was formed under thelaws under the United States Virgin Islands. Farmland National Beef ForeignSales Corporation has been included in the Consolidated Financial Statementsfiled in this registration. 

**Farmland National Beef Packing Company, L.P.,** a 71.2%-owned  subsidiary,  was formed under the laws of the State of Delaware.  NationalBeef Packing Company, L.P. has been included in the Consolidated Financial Statements filed in this registration.

**Farmland PipelineCompany**, a wholly-owned subsidiary, was formed under the laws of the Stateof Kansas. Farmland Pipeline Company has been included in the ConsolidatedFinancial Statements filed in this registration. 

**Farmland SecuritiesCompany**, a wholly-owned subsidiary, was formed under the laws of the Stateof Delaware. Farmland Securities Company has been included in the ConsolidatedFinancial Statements filed in this registration. 

**Farmland  Transportation,   Inc.,**  a  wholly-owned  subsidiary,  was  formed  under  the  laws  of  the  State  of  Missouri.  FarmlandTransportation, Inc. has been included in the Consolidated Financial Statements filed in this registration.

**Heartland Wheat Growers,  Inc.,** a 80.5%-owned  subsidiary,  was formed under the laws of the State of Kansas.  Heartland Wheat Growers,Inc. has been included in the Consolidated Financial Statements filed in this registration.

**Heartland  Wheat Growers,  L.P.,** a 79%-owned  subsidiary,  was formed under the laws of the State of Kansas.  Heartland  Wheat Growers,L.P. has been included in the Consolidated Financial Statements filed in this registration.

**Invest Grain,  Ltd.,** a wholly-owned  subsidiary,  was formed under the laws of the British Virgin Islands.  Invest Grain, Ltd. has beenincluded in the Consolidated Financial Statements filed in this registration.

**Kansas City Steak Company,  L.L.C.,**  a 71.2%-owned  subsidiary,  was formed under the laws of the State of Missouri.  Kansas City SteakCompany, L.L.C. has been included in the Consolidated Financial Statements filed in this registration.

**National Carriers,  Inc.,** a 99%-owned subsidiary,  was formed under the laws of the State of Kansas.  National Carriers,  Inc. has beenincluded in the Consolidated Financial Statements filed in this registration.

**NBPCo,  L.L.C.,** a wholly-owned  subsidiary,  was formed under the laws of the State of Kansas.  NBPCo,  L.L.C. has been included in theConsolidated Financial Statements filed in this registration.

**NCI Leasing,  Inc.,** A 99%-owned  subsidiary,  was formed under the laws of the State of Kansas. NCI Leasing,  Inc. has been included inthe Consolidated Financial Statements filed in this registration.

**Northeast  Arkansas Oil Company,  L.L.C.,**  a  wholly-owned  subsidiary,  was formed under the laws of the State of Arkansas.  NortheastArkansas Oil Company, L.L.C. has been included in the Consolidated Financial Statements in this registration.

**Southern Farmers Association,  Inc.,** a wholly-owned  subsidiary,  was formed under the laws of the State of Arkansas.  Southern FarmersAssociation, Inc. has been included in the Consolidated Financial Statements in this registration.

**Southern Farm Fish  Processors,  Inc.,** a  wholly-owned  subsidiary,  was formed under the laws of the State of Arkansas.  Southern FarmFish Processors, Inc. has been included in the Consolidated Financial Statements in this registration.

**Tradigrain AgriculturalProducts Trading, LLC**, a wholly-owned subsidiary, was formed under the lawsof Turkey. Tradigrain Agricultural Products Trading, LLC has been included inthe Consolidated Financial Statements filed in this registration. 

**Tradigrain del Peru,  S.A.,** a wholly-owned  subsidiary,  was formed under the laws of Peru.  Tradigrain del Peru S.A. has been includedin the Consolidated Financial Statements filed in this registration.

**Tradigrain DO BrasilLTDA**, a wholly-owned subsidiary, was formed under the laws of Brazil.Tradigrain DO Brasil LTDA has been included in the Consolidated FinancialStatements filed in this registration. 

**Tradigrain GmbH**, awholly-owned subsidiary, was formed under the laws of Germany. Tradigrain GmbHhas been included in the Consolidated Financial Statements filed in thisregistration. 

**Tradigrain  LTD.,** a  wholly-owned  subsidiary,  was formed under the laws of Great  Britain.  Tradigrain  LTD. has been included in theConsolidated Financial Statements filed in this registration.

**Tradigrain  S.A.,** a  wholly-owned  subsidiary,  was formed  under the laws of  Switzerland.  Tradigrain  S.A. of  Switzerland  has beenincluded in the Consolidated Financial Statements filed in this registration.

**Tradigrain  S.A.,** a wholly-owned  subsidiary,  was formed under the laws of Argentina.  Tradigrain  S.A. of Argentina has been includedin the Consolidated Financial Statements filed in this registration.

**Tradigrain  S.A.,** a wholly-owned  subsidiary,  was formed under the laws of France.  Tradigrain S.A. of France has been included in theConsolidated Financial Statements filed in this registration.

**Tradigrain  Shipping S.A.,** a  wholly-owned  subsidiary,  was formed under the laws of  Switzerland.  Tradigrain  Shipping S.A. has beenincluded in the Consolidated Financial Statements filed in this registration.

**Tradigrain,  Inc.,** a wholly-owned subsidiary, was formed under the laws of the State of Tennessee.  Tradigrain,  Inc. has been includedin the Consolidated Financial Statements filed in this registration.

**Tradigrain KftBudapest**, a wholly-owned subsidiary, was formed under the laws of Hungary.Tradigrain Kft Budapest has been included in the Consolidated FinancialStatements filed in this registration. 

**Tradigrain Ltd. Moscow,**  a wholly-owned  subsidiary,  was formed under the laws of Russia.  Tradigrain Ltd. Moscow has been included inthe Consolidated Financial Statements filed in this registration.

**Tradigrain Singapore PTELTD**, wholly-owned subsidiary, was formed under the laws of Singapore.Tradigrain Singapore PTE LTD has been included in the Consolidated FinancialStatements filed in this registration. 

**Tradigrain  Ukraine,  Ltd.,**  a  wholly-owned  subsidiary,  was formed  under the laws of Ukraine.  Tradigrain  Ukraine,  Ltd.  has beenincluded in the Consolidated Financial Statements filed in this registration.

**Tradigrain  Uruguay S.A.,** a wholly-owned  subsidiary,  was formed under the laws of Uruguay.  Tradigrain Uruguay S.A. has been includedin the Consolidated Financial Statements filed in this registration.

**Triumph Pork GroupLLC,** a 56%-owned subsidiary, was formed under the laws of the State ofMissouri. Triumph Pork Group LLC has been included in the Consolidated FinancialStatements filed in this registration. 

**United Bakeries  International,  L.L.C.,** a 99%-owned  subsidiary,  was formed under the laws of the State of Delaware.  United BakeriesInternational, L.L.C. has been included in the Consolidated Financial Statements filed in this registration.