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       SECURITIES AND EXCHANGE COMMISSION
                         Washington, D.C.  20549
                         -----------------------


                                         FORM 8-K


                              CURRENT REPORT 





 Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

  Date of Report (Date of earliest event reported):  December 28, 1998





                                  IMC GLOBAL INC.
         (Exact name of Registrant as specified in its charter)


                    Commission File Number: 1-9759



                Delaware                             36-3492467
     (State or other jurisdiction of            (I.R.S. Employer
      incorporation or organization)             Identification No.)

           2100 Sanders Road                           60062
          Northbrook, Illinois                       (Zip Code)
 (Address of principal executive offices)



  Registrant's telephone number, including area code:  (847) 272-9200







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Item 5.  Other Events

The following is the text of a press release relating to the 
disposition of the IMC Chemicals soda ash and boron chemicals 
businesses.

IMC GLOBAL REACHES DEFINITIVE AGREEMENT TO SELL ITS SODA ASH 
AND BORON CHEMICALS BUSINESSES IN TRANSACTION VALUED AT ABOUT 
$520 MILLION.

NORTHBROOK, IL., December 28, 1998 -- IMC Global (NYSE: IGL) 
announced today that it has signed a definitive agreement to 
sell its IMC Chemicals soda ash and boron chemicals businesses 
to Mincorp LLC in a transaction valued at approximately $520 
million.

Under terms of the agreement, IMC's initial consideration will 
consist of approximately $400 million of cash and assumed 
debt, an ongoing minority economic interest in the resulting 
new company, and the funding by the new company of the 
purchase of a European soda products facility.  The 
transaction will result in an estimated non-cash, after-tax 
loss of about $30 million, or $0.26 per share, subject to 
finalization at closing.  The transaction is expected to be 
slightly accretive to earnings per share in 1999.

"This is a major step in executing our previously announced 
asset monetization program,"  said Robert E. Fowler, Jr., 
Chairman and Chief Executive Officer of IMC Global.  "We will 
use the proceeds from this transaction to retire debt, which 
will further reduce our ongoing interest expense and 
materially strengthen our balance sheet."

"While we have monetized substantially all of the value in our 
IMC Chemicals business," Fowler continued, "we are pleased to 
have retained an economic interest which could translate into 
significant additional shareholder value as the global soda 
ash industry strengthens in the years ahead.  In addition, our 
continued relationship will facilitate valuable cooperation in 
product and process technology."

The new company, which will be led by IMC Chemicals' current 
management team headed by President John F. Tancredi, has 
estimated annual sales of about $430 million.  It is expected 
to remain headquartered in Overland Park, Kansas.

Soda ash is used for making glass, detergents, fiberglass, and 
many industrial and specialty chemical products.

IMC Global acquired the soda ash and boron chemicals 
businesses as part of its purchase of privately held Harris 
Chemical Group, Inc. and its Australian affiliate, Penrice 
Soda Products Pty. Ltd., on April 1, 1998.



The transaction is subject to customary conditions, including 
regulatory approval.  Closing is anticipated during the first 
quarter of 1999.

IMC Global is one of the world's leading producers and 
suppliers of agricultural products and services, salt and 
industrial chemicals.  With 1997 revenues of nearly $3 
billion, the Company is among the world's largest producers 
and marketers of phosphate and potash crop nutrients and 
animal feed ingredients.  It is one of the nation's leading 
distributors of agricultural products and services through its 
FARMARKET (R) and Rainbow(R) networks.  The Company is the 
world's third-largest producer of both salt and soda 
chemicals.  It also produces sodium bicarbonate, boron 
chemicals and magnesium chloride.

This news release contains forward-looking statements that 
involve risks and uncertainties.  These statements are based 
on current expectations; actual results may differ materially.  
Among the factors that could cause actual results to differ 
materially are general business and economic conditions in 
localities where the Company operates; the impact of 
competitive products; pressure on prices realized by the 
Company for its products; constraints on supplies of raw 
materials used in manufacturing certain of the Company's 
products; capacity constraints limiting the production of 
certain products; difficulties or delays in the development, 
production, testing, and marketing of products; difficulties 
or delays in receiving required governmental or regulatory 
approvals; market acceptance issues, including the failure of 
products to generate anticipated sales levels; difficulties in 
rationalizing acquired businesses and in realizing related 
cost savings and other benefits; the effects of and changes in 
trade, monetary and fiscal policies, laws and regulations; 
foreign exchange rates and fluctuations in those rates; the 
costs and effects of legal, including environmental, and 
administrative proceedings involving the Company; and the 
other risk factors reported from time to time in the Company's 
SEC reports.


                           SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, 
the registrant has duly caused this amendment to be signed on its 
behalf by the undersigned, thereunto duly authorized.

                                      IMC GLOBAL INC.



                                      /s/   J.Bradford James
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                                      J.Bradford James
                                      Senior Vice President and
                                      Chief Financial Officer


Date: January 6, 1999