However, that still offers a lot of opportunities to make money as I do not believe that farm income or demand fundamentals will take a hit in 2023 (at least not a lasting hit). The second stock I own in my dividend growth portfolio is Canadian Pacific (CP), a Canadian railway with huge agriculture exposure. However, it owns impressive and fast-growing brands like Fendt, which are gaining market share in key markets. Hence, I’ll walk you through my watchlist, which will help you in your personal investment decisions.

Year-to-date mutual fund returns are calculated on a monthly basis by Value Line and posted mid-month. On top of those growth initiatives, NTR also aspires to return billions of dollars in capital to shareholders via dividends and share repurchases. Its diversified and competitively advantaged business model, strong balance sheet, and prudent long-term focus has enabled it to pay out dividends for 90 consecutive years.

Top Agriculture Stocks To Buy Now: CF Industries (NYSE:CF)

Monsanto’s double-digit-percentage returns, despite the cyclicality of the ag industry and the frequent GMO backlashes, are not a fluke. Monsanto not only develops seed traits, but also licenses them to others, including its rivals. Now how many times have you heard of a company’s rivals using its products?

Nutrien Ltd. is a Canadian company formed through Agrium and PotashCorp’s merger in a closed transaction on January 1, 2018. The company produces and markets crop nutrients to agricultural, industrial, and feed customers worldwide. The business saw diluted earnings-per-share of $1.63, beating analyst estimates and rising from $1.32 for the same period last year. Revenues, however, declined 17% year-over-year to $166 million. The revenue decline was due to a sharp drop in irrigation demand, though the company made up for this via rising profit margins and cost-cutting. Deere more than doubled its earnings-per-share, from $2.92 to $6.55, and beat the analysts’ consensus by a massive $1.10.

Motley Fool Investing Philosophy

One of these methods is by investing in stocks related to the farming or agriculture business. This article will cover some of the top stores for exposure to farmland and agriculture. FMC is a crop chemical pure-play and a top five producer of premium crop protection products globally.

And a few of the other agriculture stocks on this list pay dividends. This is a great agriculture and farmland stock that gives investors a source of passive income through dividends. It’s a diversified company that offers some financial and risk management services. It also has a strong global network with facilities on six continents. This diversification and large-scale production helped it become competition with other big names in the industry. And with room still to grow, this is one of the https://forexhistory.info/s today.

All 43 Agriculture Stocks List For 2023 The Best 7 Buys Now

Both irrigation and infrastructure benefit from government support payments. The recent Infrastructure Investments and Jobs Act (IIJA) marks the largest federal investment into infrastructure projects in more than a decade and should boost Lindsay’s infrastructure business. Indeed, Lindsay reported a sharp jump in earnings in 2022 as the company saw growth in https://day-trading.info/ both of its business segments. FMC Corporation is an agricultural sciences company that provides crop protection, plant health, and professional pest and turf management products. Through acquisitions, FMC is now one of the five largest patented crop chemical companies. Food and agricultural stocks can diversify and strengthen a high-risk equities portfolio.

• The company has an excellent earnings surprise history, as it surpassed the consensus EPS estimates in each of the trailing four quarters.
• They produce and distribute approximately 27 million tonnes of potash, nitrogen, and phosphate products worldwide.
• Only Zacks Rank stocks included in Zacks hypothetical portfolios at the beginning of each month are included in the return calculations.

Year to date, however, MOO has underperformed the Russell 1000’s 7% gain, as investors’ appetite for risk has returned in anticipation of a slowing Fed. Precision BioSciences (DTIL 1.15%) is developing a novel gene-editing technology platform focused on human health, but it also owns a subsidiary dedicated to agricultural https://investmentsanalysis.info/ applications. One focus is engineering high-protein, neutral-tasting chickpeas, which could become a next-generation, plant-based protein source. Beyond Meat relies on yellow pea protein for its products, but it might be tempted to switch at least some supply to chickpeas if the Precision product lives up to the hype.

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

Individual products, businesses, and even entire industries (newspapers, typewriters, horse and buggy) go out of style and become obsolete. There are a number of agribusiness applications on the horizon that investors should watch for in the years ahead. Individual investors can gain exposure to the emerging opportunity in a few ways.

In February 2021, Bayer set aside $2 billion to cover any further claims against its Roundup weed killer, which has been tied to various cancers. Corteva could also face litigation from its toxic pesticide chlorpyrifos, which the U.S. Environmental Protection Agency banned in 2021, and Corteva pledged to stop using in 2020. A class-action lawsuit in California was filed against the company over the pesticide’s links to brain damage in children. In 2022, revenue jumped 37% to $37.9 billion while net income soared 142% to $7.7 billion, showing its ability to convert that additional revenue into profits. Corteva Agriscience was the product of a spin-off of DowDuPont’s agriculture division when it broke up into three companies.