Ownership Submission
FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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(Print or Type Responses)
1. Name and Address of Reporting Person *
ADDIS DENNIS J
   2. Issuer Name and Ticker or Trading Symbol
ANDERSONS INC [ANDE] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
President, Plant Nutrient
(Last)
(First)
(Middle)
480 W DUSSEL DR		 3. Date of Earliest Transaction (Month/Day/Year)
07/23/2003
(Street)

MAUMEE, OH 43537		 4. If Amendment, Date Original Filed(Month/Day/Year)
 6. Individual or Joint/Group Filing(Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
(City)
(State)
(Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)		 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code
(Instr. 8)		 4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)		 5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)		 6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)		 7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
COMMON STOCK 07/23/2003(1)   P   0.5255 A $ 13.32 400.5255 I Jonathon Addis, T. Addis, Cust.
COMMON STOCK 10/22/2003(1)   P   0.44 D $ 16 400.0855 I Jonathon Addis, T. Addis, Cust.
COMMON STOCK 01/23/2004(1)   P   1.8125 A $ 16.59 401.898 I Jonathon Addis, T. Addis, Cust.
COMMON STOCK 04/23/2004(1)   P   1.5304 A $ 19.74 403.4284 I Jonathon Addis, T. Addis, Cust.
COMMON STOCK 07/23/2004(1)   P   1.6986 A $ 17.85 405.127 I Jonathon Addis, T. Addis, Cust.
COMMON STOCK 10/22/2004(1)   P   1.3295 A $ 24.43 406.4565 I Jonathon Addis, T. Addis, Cust.
COMMON STOCK 01/24/2005(1)   P   2.263 A $ 25.01 708.7195 I Jonathon Addis, T. Addis, Cust.
COMMON STOCK 04/22/2005(1)   P   2.08 A $ 27.29 710.7995 I Jonathon Addis, T. Addis, Cust.
COMMON STOCK 07/22/2005(1)   P   1.51 A $ 40.06 712.3095 I Jonathon Addis, T. Addis, Cust.
COMMON STOCK 10/24/2005(1)   P   2.146 A $ 28.25 714.4555 I Jonathon Addis, T. Addis, Cust.
COMMON STOCK 01/23/2006(1)   P   1.328 A $ 45.78 715.7835 I Jonathon Addis, T. Addis, Cust.
COMMON STOCK 04/24/2006(1)   P   0.553 A $ 92.22 566.3365 I Jonathon Addis, T. Addis, Cust.
COMMON STOCK 06/28/2006   J(2)   566.3365 A $ 0 (2) 1,132.673 I Jonathon Addis, T. Addis, Cust.
COMMON STOCK 06/28/2006   J(2)   15,412 A $ 0 (2) 30,824 I Held by Trust

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Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)		 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code
(Instr. 8)		 5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)		 6. Date Exercisable and Expiration Date
(Month/Day/Year)		 7. Title and Amount of Underlying Securities
(Instr. 3 and 4)		 8. Price of Derivative Security
(Instr. 5)		 9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)		 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)		 11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
PERFORMANCE SHARE UNIT $ 0 (3) 06/28/2006   J(4)   1,710   12/31/2007 01/01/2008 COMMON STOCK 0 (3) $ 0 3,420 D  
PERFORMANCE SHARE UNIT $ 0 (5) 06/28/2006   J(4)   1,570   12/31/2008 01/01/2009 COMMON STOCK 0 (5) $ 0 3,140 D  
SOSAR $ 39.115 (6) 06/28/2006   J(6)   8,000   04/01/2009 04/01/2011 COMMON STOCK 8,000 $ 0 16,000 D  
STOCK OPTION $ 6.35 (6) 06/28/2006   J(6)   7,200   01/01/2003 01/01/2008 COMMON STOCK 12,500 $ 0 14,400 D  
STOCK OPTION $ 7.9835 (6) 06/28/2006   J(6)   12,500   01/01/2004 01/01/2009 COMMON STOCK 12,500 $ 0 25,000 D  
STOCK OPTION $ 15.5 (6) 06/28/2006   J(6)   10,500   04/01/2005 03/31/2010 COMMON STOCK 10,500 $ 0 21,000 D  

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
ADDIS DENNIS J
480 W DUSSEL DR
MAUMEE, OH 43537		       President, Plant Nutrient  

Signatures

 Dennis J. Addis   06/30/2006
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1) Reinvestment of dividend - No form filed at that time.
(2) Represents shares received following a 2-for-1 stock split on June 28, 2006
(3) Stock Performance Unit granted pursuant to The Andersons, Inc. Plan. Units vest 100% in 3 years contingent on cumulative EPS from 1/1/2005 to 12/31/2007. Number of underlying shares are determined by the three-year cumulative fully diluted EPS for the performance period.
(4) As result of 2-for-1 stock split on June 28,2006, PSUs have increased as noted.
(5) Stock Performance Unit granted pursuant to The Andersons, Inc. Plan. Units vest 100% in 3 years contingent on cumulative EPS from 1/1/2006 to 12/31/2008. Number of underlying shares are determined by the three-year cumulative fully diluted EPS for the performance period.
(6) As a result of a 2-for-1 stock split on June 28, 2006, the option shares have increased as noted and the exercise price has been adjusted to one-half of the previously reported exercise price.

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