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Now, without further ado, let me guide you through my outlook, my thoughts, and my investment picks. Over its long history it has transitioned to more of a lawn and garden company. Today, it provides a wide range of gardening and pest control products. On the ag side, you’ll find multitask machines that move bales, clean stalls, mix feed and more. There are many choices for loaders, excavators and harvesting equipment. The goal is to help agriculture producers improve productivity.

As a multi-billion dollar company, Scotts has a diverse revenue stream that extends to hydroponic products, rodent and insect control, and weed control. Whether you want to buy fertilizers, grass seed products, outdoor cleaners or disease-control products, you don’t need to look much further than Scotts Miracle-Gro [SMG]. It’s difficult to see the woods from the trees when researching agriculture companies because a wide variety of types exist. In 2021 Florida had 47,500 commercial farms, using a total of 9.7 million acres. Florida ranks 15th among all states in number of farms and 30th in land in farms. FactSet calculates the Market Cap for the basic symbol to include common shares only.

China Green Agriculture develops different fertilizers and agricultural products. However, it’s a small company compared with others on this list. If you’re looking for a riskier position to play in agriculture stocks, this could be it. Another benefit to Gladstone’s structure is its requirement to pay dividends.

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Click here to see ICL’s ratings for Growth, Momentum, Stability, and Sentiment. During the same period, its cash and cash equivalents and total current assets stood at $552 million and $4.74 billion, up 32.4% and 4.3% compared to $417 million and $4.54 billion as of December 31, 2022, respectively. The stock has an overall B rating, translating to Buy in our proprietary rating system. The POWR Ratings assess stocks by 118 different factors, each with its own weighting. Over the past nine months, the stock has gained 32.6% to close the last trading session at $131.87.

The partnership gives New Culture the scale necessary to make an indent in the animal-free dairy products industry. Meanwhile, ADM gains access to one of the industry’s most innovative developers of animal-free dairy products. Get this delivered to your inbox, and more info about our products and services. Mosaic’s peer Nutrien (NTR) expects that farmers will soon buy more aggressively. Going forward, the company will almost certainly be able to buy Kansas City Southern. This will lower agriculture exposure, yet grant the railroad access to export facilities in the South and Mexico.

The Zacks Industry Rank assigns a rating to each of the 251 X (Expanded) Industries based on their average Zacks Rank.

The loss of these services due to deforestation and other ecosystem damage would likely prove substantial. Merck is a global pharmaceutical company with a large focus on veterinary applications conducted by its animal health division. Despite the age of the company, John Deere was never averse to technological innovations introduced in the era of information. In addition to integrating new tech with its battle-tested tractors, John Deere is also expanding to the field of precision agriculture and had recently unveiled its first autonomous tractor. There’s a favorable outlook on the company’s stock as they further embrace the internet-of-things and other high-tech enhancements. The share of CF industries has been following a bullish trend since 2021.

It owns over 1,700 retail locations across Australia and North and South America and supplies over 20% of the world’s supply of potash, 3% of its nitrogen, and 3% of its phosphate. The balance of its cash flows will be used opportunistically, including for share repurchases. Management expects to deploy roughly $5 billion into repurchasing stock by 2025. This company owns high-quality North American farmland and offers loans to farmers secured by farm real estate. Returns are generated through both debt and equity investments. There are many ways to gain exposure to farmland without going out and buying a farm yourself.

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Total sales increased 36% Year over Year (YoY) to $8,188 million for 3Q22 compared to $6,024 million in 3Q21. The increase came mainly from the Crop nutrients segment, which saw sales increase by 49%. The company provides over 20% of the global market on potash, 3% nitrogen, and 3% phosphate. Lindsay Corporation provides water management and road infrastructure services in the United States and internationally. The irrigation segment provides irrigation solutions for farmers and contributed 86% of sales in fiscal year 2022. The infrastructure segment helps with road and bridge repairs and contributed the other 14%.

It comes with a little more risk, but the same is true for upside potential. And since avocados have seen a spike in demand, this has helped the company grow. While we expect no EPS growth, the 2.5% dividend yield and 11.5% annual returns from an expanding P/E multiple will fuel future returns. Leadership reaffirmed their fiscal 2023 outlook which guides for net sales growth of 7% to 10% and adjusted EPS in the range of $4.70 to $4.90 per diluted share, a solid 14.3% year-over-year increase at the midpoint.

Warning: U.S. Equities Markets Projected To Rollover This Week. Long Investors Should Be Aware and Be Prudent.

After all, the #1 stock is the cream of the crop, even when markets crash. 2017 employment impacts were 114,590 full- and part-time jobs and 3.79 billion in wages paid. It also https://forex-world.net/ benefits from a very strong balance sheet as evidenced by it’s A credit rating. Below we will discuss three agricultural dividend stocks with long-term growth potential.

Florida’s 47,500 farms and ranches utilize 9.7 million acres and continue to produce a wide variety of safe and dependable food products. Florida ranked second nationally in the value of production for bell peppers, grapefruit, all oranges, strawberries and non-Valencia oranges. The company is also striving to grow its top and bottom lines via an omnichannel strategy of acquiring smaller retail businesses alongside its growing online business.

• Although quarter-to-quarter performance in the agriculture industry is volatile, Tyson should benefit from economies of scale and its strong position in higher-margin prepared foods over the long term.
• When people have a little extra cash, they indulge in offerings from these companies.
• While they didn’t get their wish, they did get three of their proposed independent board members added to Corteva’s board in March 2021 as part of the activist investor’s agreement with the company.
• If you’re an income investor, it has an above-average yield of 2.7%, has grown the annual dividend for 10 consecutive years, and averaged a 17.2% compound annual growth rate over the past five years.
• The properties they own are leased to farmers they have no affiliations with.

I do not think that the sudden upswing after 2020 will end in a sudden decline. I expect above-average prices on a long-term basis as supply growth is simply unable to meet demand. I am a big believer in a continuation of the agriculture bull case. However, it won’t be a straight-line uptrend for crops, fertilizers, and the companies operating in the industry. While I expect that to become a tailwind in the years ahead, there’s something else going on. Despite lower demand, ending stocks still fell in all three cases.

However, it struggled to convert that increased revenue into profits. Adjusted EBITDA was up just 7%, a sign that the company is getting pinched by higher commodity prices. https://investmentsanalysis.info/ The company expects global supply issues to persist and demand for crop inputs to increase in 2023, forecasting another strong year but with profits down from 2022 levels.

Management noted that geopolitical events like the war in Ukraine have caused a supply disruption, leading to elevated prices. Bayer is a diversified company with products, spanning healthcare, agriculture, and consumer goods. Founded in 1993 by brothers Tom and David Gardner, The Motley Fool helps millions of people attain financial freedom through our website, podcasts, books, newspaper column, radio show, and premium investing services.

Deere & Company is the largest manufacturer of farm equipment in the world. The company also makes equipment used in construction, forestry & turf care, produces engines and provides financial solutions to its customers. Archer-Daniels-Midland reported its first-quarter results on April 25th, 2023. The company reported adjusted earnings per share of $2.09 the https://bigbostrade.com/ quarter versus $1.90 in 1Q23, an increase of 9.9% year-over-year. For the quarter, the company reported revenue of $1.34 billion, an increase of 4% versus the first quarter of 2022, and adjusted earnings per diluted share of $1.77, down 6% versus the same quarter previous year. The agriculture stocks list was derived from two major exchange-traded funds.

• Not only are they selling products for crops, but they also sell phosphate-based animal feed ingredients for farms raising animals.
• As with other agriculture stocks to buy, Deere rates best in the operational department.
• Click here to see ICL’s ratings for Growth, Momentum, Stability, and Sentiment.
• On Aug. 17, for example, it announced it was collaborating with New Culture, a company that makes animal-free cheese products that look and feel like the real thing.
• Merck is a global pharmaceutical company with a large focus on veterinary applications conducted by its animal health division.
• What top agriculture stocks have you researched that are worth investing in?

The stock did well during the early stages of the COVID-19 pandemic as stay-at-home orders and a general shift to more time spent outdoors sparked an interest in lawn and garden care. However, revenue declined in recent quarters as the economy has reopened, although comparisons should get easier over the rest of 2023. The world’s major crop nutrients are nitrogen, phosphorus, and potassium.