-----BEGIN PRIVACY-ENHANCED MESSAGE-----
Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
Originator-Key-Asymmetric:
 MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen
 TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB
MIC-Info: RSA-MD5,RSA,
 KEGUtANYAVSkUtTBJav+Rqs0pjpJBpUsbbxgScI3pfhrakLI6D3dERJzSV6fOmaW
 3tGJEW9+w4qhTydLWQ31VA==

<SEC-DOCUMENT>0000002852-01-000002.txt : 20010122
<SEC-HEADER>0000002852-01-000002.hdr.sgml : 20010122
ACCESSION NUMBER:		0000002852-01-000002
CONFORMED SUBMISSION TYPE:	424B3
PUBLIC DOCUMENT COUNT:		1
FILED AS OF DATE:		20010108

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			AGWAY INC
		CENTRAL INDEX KEY:			0000002852
		STANDARD INDUSTRIAL CLASSIFICATION:	GRAIN MILL PRODUCTS [2040]
		IRS NUMBER:				150277720
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			0630

	FILING VALUES:
		FORM TYPE:		424B3
		SEC ACT:		
		SEC FILE NUMBER:	333-51904
		FILM NUMBER:		1503577

	BUSINESS ADDRESS:	
		STREET 1:		333 BUTTERNUT DR
		CITY:			DEWITT
		STATE:			NY
		ZIP:			13214
		BUSINESS PHONE:		3154496431
</SEC-HEADER>
<DOCUMENT>
<TYPE>424B3
<SEQUENCE>1
<FILENAME>0001.txt
<DESCRIPTION>PROSPECTUS 01/08/01
<TEXT>

The fourth  paragraph of page 16 of the  prospectus  has been  replaced with the
following:

LIMITATIONS ON OWNERSHIP AND TRANSFER.  The 7.25% Member  Certificates and 7.50%
Member Certificates offered hereunder may be purchased only by members of Agway.
The 6.75% and 7.00%  Certificates  offered  hereunder may be sold to the general
public  and are  generally  purchased  by  non-member  patrons  of Agway,  Agway
employees and former employees. The 7.75% and 8.00% Certificates (not subject to
repurchase  practice)  offered  hererunder  may be  purchased by both members of
Agway and the general public.

All the  above  Certificates  are  separately  offered  on the  same  terms  and
conditions to the Trustee of the Agway, Inc. Employees' 401(k) Thrift Investment
Plan and to the Trustee of the Employees' Retirement Plan of Agway Inc.


</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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