-----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,
 P96Tv5PjGCAWvu5qRyo7bi3175S2YLm4kBHijMmWiRNcW0Vi9wow5nry3M+CskiY
 f1bbI1ZFRwRufMQ/S4RPMA==

<SEC-DOCUMENT>0000002852-01-500063.txt : 20020413
<SEC-HEADER>0000002852-01-500063.hdr.sgml : 20020413
ACCESSION NUMBER:		0000002852-01-500063
CONFORMED SUBMISSION TYPE:	424B3
PUBLIC DOCUMENT COUNT:		1
FILED AS OF DATE:		20011214

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:		1933 Act
		SEC FILE NUMBER:	333-59808
		FILM NUMBER:		1814126

	BUSINESS ADDRESS:	
		STREET 1:		333 BUTTERNUT DR
		CITY:			DEWITT
		STATE:			NY
		ZIP:			13214
		BUSINESS PHONE:		3154496431
</SEC-HEADER>
<DOCUMENT>
<TYPE>424B3
<SEQUENCE>1
<FILENAME>dec01424b3.txt
<DESCRIPTION>SSUPPLEMENT DATED JANUARY 1,2002
<TEXT>

                        Supplement dated January 1, 2002
                        to Prospectus dated July 3, 2001


     Effective  as of,  January 1, 2002,  the issuer,  Agway Inc.,  approved the
following changes:

     8.25% Subordinated Money Market Certificates due October 31, 2016: interest
rate changed to 6.25% and due date changed to October 31, 2017.

     8.00% Subordinated Money Market Certificates due October 31, 2016: interest
rate changed to 6.00% and due date changed to October 31, 2017.

     7.75% Subordinated Money Market Certificates due October 31, 2016: interest
rate changed to 5.75% and due date changed to October 31, 2017.

     7.50% Subordinated Money Market Certificates due October 31, 2016: interest
rate changed to 5.50% and due date changed to October 31, 2017.

     8.75% Subordinated Money Market Certificates due October 31, 2009: interest
rate changed to 6.75%.

     8.50% Subordinated Money Market Certificates due October 31, 2005: interest
rate changed to 6.50% and due date changed to October 31, 2007.

     These  changes will apply only to  Subordinated  Money Market  Certificates
purchased on or after January 1, 2002.

     For a complete  description of the securities offered please refer to pages
14 through 19 of the Prospectus.


</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
-----END PRIVACY-ENHANCED MESSAGE-----