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Agriculture Stocks List: 25 Biggest Agriculture Stocks

Usman Kabir
20 min read

In This Article:

In this article, we discuss the 25 biggest agriculture stocks. If you want to read about some more agriculture stocks, go directly to Agriculture Stocks List: 5 Biggest Agriculture Stocks.

The agriculture industry consists of sales of agriculture and related services, such as animal and crop production and other support services. In order to sustain and enhance human life, agriculture involves the cultivation of plants and animal and bird rearing for food, fabrics, fibers, biofuel, medicinal, and other products. It also includes horticulture and aquaculture. Wheat, maize, rice, jute, and other crops are grown on a large scale in the sector. Agricultural products can be organic or conventional and are distributed through supermarkets/hypermarkets, convenience stores, e-commerce, and other channels.

As per a recent report, the global agriculture market grew from $11,109.32 billion in 2021 to $12,152.6 billion in 2022 at a compound annual growth rate (CAGR) of 9.4%. After the global economic recovery from the COVID-19 pandemic, there was a chance for the agriculture industry to grow exponentially, but the Russia-Ukraine war acted as a major spoiler. The war between these two countries has led to economic sanctions on multiple countries, an increase in commodity prices, and supply chain disruptions, affecting many markets across the globe. 

Heading towards 2023, farmers and consumers across the globe are concerned about the volatile agriculture market. This is because the prices of major crops like corn, soybean and wheat have been trading higher than usual levels because of the Russia-Ukraine war and weather issues. These factors are also going to affect the supply of grain and oilseeds for three or more years. According to analysts, the agriculture industry will face serious issues in 2023, such as trade disruptions and increased commodity prices.

A slowdown in the production growth of major EU agricultural sectors is expected as well. This is due to a combination of factors, like climate change leading to more frequent adverse and extreme weather events, animal disease outbreaks, and changes in consumption trends. Furthermore, Ukraine is one of the top suppliers of corn, wheat and sunflower oil to the world, and the war in the country has cut the supply of these commodities. The possibility of natural gas supply disruption in the EU from Russia can lead to a spike in fertilizers prices too.

The population of the world is growing and is expected to reach 10 billion by 2050. An increase in the population creates more demand for food. Agriculture companies are expected to increase their presence and activities to meet increased demand. Some of the top firms working in the sector include Nutrien Ltd. (NYSE:NTR), Corteva, Inc. (NYSE:CTVA), and Bunge Limited (NYSE:BG). 

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