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Sectors & IndustriesConsumer DefensiveFarm Products
Best Farm Stocks to Buy Now (2023)
Top farm stocks in 2023 ranked by overall Zen Score. See the best farm stocks to buy now, according to analyst forecasts for the farm products industry.

Industry: Farm Products
OverviewZen ScorePriceValuationFinancialsForecastEarnings & RevenueDividendsOwnership
Technicals
Ticker
Company
Country
Market Cap
Shares
Institutional %
Insider %
Net Insider (L12M)
Net Insider (L3M)
CALM
CAL-MAINE FOODS INC
United States
$2.36B48,984,04950.96%49.04%Net Selling
FDP
FRESH DEL MONTE PRODUCE INC
United States
$1.26B48,120,18614.16%85.84%Net SellingNet Selling
BG
BUNGE LTD
United States
$16.51B150,642,38784.99%8.37%Net SellingNet Selling
ADM
ARCHER-DANIELS-MIDLAND CO
United States
$40.94B536,101,64377.72%4.39%Net SellingNet Selling
DTCK
DAVIS COMMODITIES LTD
Singapore
N/A24,337,5000.00%0.00%
SANW
S&W SEED CO
United States
$37.84M43,001,17247.02%52.98%Net SellingNet Selling
LND
BRASILAGRO - BRAZILIAN AGRICULTURAL REAL ESTATE CO
Brazil
$561.03M102,377,0080.87%0.00%
TSN
TYSON FOODS INC
United States
$17.82B355,560,34163.66%15.87%Net SellingNet Selling
AQB
AQUABOUNTY TECHNOLOGIES INC
United States
$16.41M71,358,2498.82%91.18%Net Buying
AGRO
ADECOAGRO SA
Luxembourg
$1.23B107,329,92545.78%0.00%
VITL
VITAL FARMS INC
United States
$473.41M41,237,54463.52%36.48%Net SellingNet Selling
VFF
VILLAGE FARMS INTERNATIONAL INC
Canada (Federal Level)
$97.01M110,238,92911.27%9.65%Net Buying
LMNR
LIMONEIRA CO
United States
$268.78M17,978,91056.34%25.07%Net SellingNet Selling
LOCL
LOCAL BOUNTI CORPORATION
United States
$21.31M8,227,9013.18%96.82%Net BuyingNet Selling
SISI
SHINECO INC
China
$2.80M21,088,4330.98%40.60%
DOLE
DOLE PLC
Ireland
$1.10B94,929,00041.21%0.00%
ALCO
ALICO INC
United States
$190.80M7,610,5515.62%94.38%Net Buying
EDBL
EDIBLE GARDEN AG INC
United States
$2.49M2,827,0826.17%80.03%Net Buying
AFRI
FORAFRIC GLOBAL PLC
United States
$306.96M26,879,1021.18%66.33%
AGRI
AGRIFORCE GROWING SYSTEMS LTD
Canada
$4.46M38,142,7740.84%5.07%Net SellingNet Selling
1

Farm Stocks FAQ

What are the best farm stocks to buy right now in Sep 2023?

According to Zen Score, the 3 best farming stocks to buy right now are:

1. Cal Maine Foods (NASDAQ:CALM)


Cal Maine Foods (NASDAQ:CALM) is the top farm stock with a Zen Score of 64, which is 29 points higher than the farm industry average of 35. It passed 24 out of 38 due diligence checks and has strong fundamentals. Cal Maine Foods has seen its stock lose -20.25% over the past year, underperforming other farm stocks by -9 percentage points.

Cal Maine Foods has an average 1 year price target of $43.50, a downside of -9.88% from Cal Maine Foods's current stock price of $48.27.

Cal Maine Foods stock has a consensus Sell recommendation according to Wall Street analysts. Of the 2 analysts covering Cal Maine Foods, 0% have issued a Strong Buy rating, 0% have issued a Buy, 50% have issued a hold, while 0% have issued a Sell rating, and 50% have issued a Strong Sell.

2. Fresh Del Monte Produce (NYSE:FDP)


Fresh Del Monte Produce (NYSE:FDP) is the second best farm stock with a Zen Score of 51, which is 16 points higher than the farm industry average of 35. It passed 18 out of 38 due diligence checks and has strong fundamentals. Fresh Del Monte Produce has seen its stock return 8.57% over the past year, overperforming other farm stocks by 20 percentage points.

3. Bunge (NYSE:BG)


Bunge (NYSE:BG) is the third best farm stock with a Zen Score of 50, which is 15 points higher than the farm industry average of 35. It passed 18 out of 38 due diligence checks and has strong fundamentals. Bunge has seen its stock return 33.28% over the past year, overperforming other farm stocks by 45 percentage points.

Bunge has an average 1 year price target of $130.00, an upside of 18.65% from Bunge's current stock price of $109.57.

Bunge stock has a consensus Buy recommendation according to Wall Street analysts. Of the 6 analysts covering Bunge, 50% have issued a Strong Buy rating, 16.67% have issued a Buy, 33.33% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

What are the farm stocks with highest dividends?

Out of 8 farm stocks that have issued dividends in the past year, the 3 farm stocks with the highest dividend yields are:

1. Cal Maine Foods (NASDAQ:CALM)


Cal Maine Foods (NASDAQ:CALM) has an annual dividend yield of 10.69%, which is 6 percentage points higher than the farm industry average of 4.51%. Cal Maine Foods's dividend payout is not stable, having dropped more than 10% eight times in the last 10 years. Cal Maine Foods's dividend has shown consistent growth over the last 10 years.

Cal Maine Foods's dividend payout ratio of 33.1% indicates that its high dividend yield is sustainable for the long-term.

2. Tyson Foods (NYSE:TSN)


Tyson Foods (NYSE:TSN) has an annual dividend yield of 3.83%, which is -1 percentage points lower than the farm industry average of 4.51%. Tyson Foods's dividend payout is stable, having never dropped by more than 10% in the last 10 years. Tyson Foods's dividend has shown consistent growth over the last 10 years.

Tyson Foods's dividend payout ratio of 191.9% indicates that its dividend yield might not be sustainable for the long-term.

3. Adecoagro Sa (NYSE:AGRO)


Adecoagro Sa (NYSE:AGRO) has an annual dividend yield of 2.81%, which is -2 percentage points lower than the farm industry average of 4.51%.

Adecoagro Sa's dividend payout ratio of 37.2% indicates that its dividend yield is sustainable for the long-term.

Why are farm stocks down?

Farm stocks were down -0.48% in the last day, and down -2.69% over the last week.

We couldn't find a catalyst for why farm stocks are down.

What are the most undervalued farm stocks?

Based on WallStreetZen's Valuation Score, the 3 most undervalued farm stocks right now are:

1. Brasilagro Brazilian Agricultural Real Estate Co (NYSE:LND)


Brasilagro Brazilian Agricultural Real Estate Co (NYSE:LND) is the most undervalued farm stock based on WallStreetZen's Valuation Score. Brasilagro Brazilian Agricultural Real Estate Co has a valuation score of 71, which is 36 points higher than the farm industry average of 35. It passed 5 out of 7 valuation due diligence checks.

Brasilagro Brazilian Agricultural Real Estate Co's stock has gained 4.38% in the past year. It has overperformed other stocks in the farm industry by 16 percentage points.

2. Fresh Del Monte Produce (NYSE:FDP)


Fresh Del Monte Produce (NYSE:FDP) is the second most undervalued farm stock based on WallStreetZen's Valuation Score. Fresh Del Monte Produce has a valuation score of 71, which is 36 points higher than the farm industry average of 35. It passed 5 out of 7 valuation due diligence checks.

Fresh Del Monte Produce's stock has gained 8.57% in the past year. It has overperformed other stocks in the farm industry by 20 percentage points.

3. S&W Seed Co (NASDAQ:SANW)


S&W Seed Co (NASDAQ:SANW) is the third most undervalued farm stock based on WallStreetZen's Valuation Score. S&W Seed Co has a valuation score of 57, which is 22 points higher than the farm industry average of 35. It passed 4 out of 7 valuation due diligence checks.

S&W Seed Co's stock has gained 21.72% in the past year. It has overperformed other stocks in the farm industry by 33 percentage points.

Are farm stocks a good buy now?

40% of farm stocks rated by analysts are a strong buy right now. On average, analysts expect farm stocks to rise by 25.61% over the next year.

What is the average p/e ratio of the farm products industry?

The average P/E ratio of the farm products industry is 18.27x.
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