8 agriculture stocks to watch

Ready to invest in Canadian agriculture stocks? Consider these 8 farming stocks in Canada.

Considering investing in agriculture stocks? While the best agriculture stocks depend on your portfolio and investment goals, we've identified some agriculture stocks that are worth keeping an eye on in the farm sector. Keep reading to learn more about agriculture stocks and how to start investing.

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Learn more about popular agriculture stocks

We round up a selection of stocks in or related to the farm industry, weighting the list more heavily towards popular mid- and large-cap US stocks.

1. FMC Corporation (FMC)

FMC Corporation, an agricultural sciences company, develops, markets, and sells crop protection chemicals in Latin America, North America, Europe, the Middle East, Africa, and Asia. The company offers crop protection chemicals, including insecticides, herbicides, and fungicides. It also provides biologicals, crop nutrition, and seed treatment products.

  • Previous close price: $13.09
  • Market capitalization: $1,781,559,680
  • 1 year performance: -69.03%

2. CF Industries (CF)

CF Industries Holdings, Inc. , together with its subsidiaries, engages in the production of ammonia in North America, Europe, and internationally. It operates through Ammonia, Granular Urea, UAN, AN, and Other segments.

  • Previous close price: $124.90
  • Market capitalization: $19,481,233,408
  • 1 year performance: 62.38%
  • P/E ratio: 13.9242

3. Archer-Daniels-Midland Company (ADM)

Archer-Daniels-Midland Company provides human and animal nutrition ingredients and solutions in the United States, Switzerland, the Cayman Islands, Brazil, Mexico, Canada, the United Kingdom, and internationally. It operates in three segments: Ag Services and Oilseeds; Carbohydrate Solutions; and Nutrition. The company engages in the origination, merchandising, transportation, and storage of agricultural raw materials, as well as the crushing and processing of oilseeds, including soybeans and soft seeds, such as cottonseed, sunflower seed, canola, rapeseed, and flaxseed; produces and markets vegetable oils and oilseed protein meals used by food, feed, energy, and industrial customers; sale of crude and partially refined vegetable oils; supplies peanuts and peanut-derived ingredients; and manufactures cotton cellulose pulp.

  • Previous close price: $66.17
  • Market capitalization: $34,102,777,856
  • 1 year performance: 42.24%
  • P/E ratio: 31.7803

4. Deere-and-Company (DE)

Deere & Company engages in the manufacture and distribution of various equipment worldwide. The company operates through four segments: Production and Precision Agriculture, Small Agriculture and Turf, Construction and Forestry, and Financial Services. The Production and Precision Agriculture segment provides four-wheel-drive track and row crop tractors, harvesters, cotton pickers and strippers, sugarcane harvesters and loaders, soil preparation, tillage, seeding, and crop care equipment, as well as application equipment, including sprayers and nutrient management, soil preparation machinery, and related attachments and service parts.

  • Previous close price: $559.73
  • Market capitalization: $151,187,144,704
  • 1 year performance: 17.34%
  • P/E ratio: 31.5519

5. Scotts Miracle-Gro Company (SMG)

The Scotts Miracle-Gro Company, together with its subsidiaries, engages in the manufacture, marketing, and sale of products for lawn, garden care, and indoor and hydroponic gardening in the United States and internationally. The company provides lawn care products, comprising lawn fertilizers, clover and grass seed products, spreaders, and other durable products, as well as lawn-related weed, pest, and disease control products; and gardening and landscape products, which include water-soluble and continuous-release plant foods, potting mixes, garden soils, mulches and ground cover products, plant-related pest and disease control products, organic garden products, and live goods and seeding solutions. It also offers hydroponic products that help users to grow plants, flowers, and vegetables using little or no soil; lighting systems and components; insect, rodent, and weed control products for home areas; and non-selective weed killer products.

  • Previous close price: $62.27
  • Market capitalization: $3,741,822,976
  • 1 year performance: 4.97%
  • P/E ratio: 23.1075

6. Corteva (CTVA)

Corteva, Inc. operates in the agriculture business. It operates through two segments, Seed and Crop Protection.

  • Previous close price: $77.33
  • Market capitalization: $52,754,395,136
  • 1 year performance: 25.07%
  • P/E ratio: 44.6114

7. Beyond Meat (BYND)

Beyond Meat, Inc. , a plant-based meat company, engages in the development, manufacture, marketing, and sale of plant-based meat products under the Beyond brand name in the United States and internationally. The company sells a range of plant-based meat products that replicates beef, pork, and poultry meats.

  • Previous close price: $0.70
  • Market capitalization: $317,499,104
  • 1 year performance: -79.95%

8. Bunge (BG)

Bunge Global SA operates as an agribusiness and food company worldwide. It operates through four segments: Soybean Processing and Refining, Softseed Processing and Refining, Other Oilseeds Processing and Refining, and Grain Merchandising and Milling. The Soybean Processing and Refining segment is involved in the purchase, storage, transportation, processing, distribution, refining, marketing, and sale of soybeans and soybean related products, as well as biodiesel and fertilizer production and distribution for the food, animal feed and biofuel industries.

  • Previous close price: $118.15
  • Market capitalization: $23,921,594,368
  • 1 year performance: 59.77%
  • P/E ratio: 25.0751

How to invest in agriculture stock

  1. Research the farm industry. Before investing, learn about the agriculture stock sector, its trends and the companies within it. Look at each company's financial health, potential for growth and past performance to identify stocks that fit your investment goals.
  2. Choose a stock trading platform. Compare trading fees, access to trading tools and user interface options. We've identified reliable trading platforms to help narrow down your options below or check out the best stock trading apps in Canada to find one that suits your needs.
  3. Open and fund your account. Sign up with your personal details and link a bank account or funding method to deposit money before you start trading.
  4. Select the agriculture stock(s) to buy. Search by company name or ticker symbol, like FMC or CF. Compare key metrics such as market cap, price history and earnings per share to pick the best stock for your strategy.
  5. Buy the stock and monitor performance. Place your order to buy the stock and track its performance over time. Consider setting alerts, signing up for industry newsletters or using platform research tools to stay up to date on market changes.

Compare trading platforms to buy agriculture stock

Compare special offers, low fees and a wide range of investment options among popular trading platforms in Canada. Note that the dollar amounts in the table below are in CAD.

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Read the full methodology

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Bottom line

If you're considering adding agriculture stocks to your portfolio, make sure you thoroughly look into any companies before investing to help mitigate risk. We've compiled a list of agriculture stocks to help narrow down your options. Then choose a legitimate stock trading platform to start investing. After that it comes down to monitoring the farm industry to know when to buy, sell or hold.

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