5 Best Organic Food and Farming Stocks To Buy

In this article, we discuss the 5 best organic food and farming stocks to buy. To read the detailed analysis of the agriculture industry and organic food and farming segment, go directly to the 11 Best Organic Food and Farming Stocks To Buy.

5. Bunge Limited (NYSE:BG)

Number of Hedge Fund Holders: 36

Bunge Limited (NYSE:BG) is an agribusiness headquartered in Missouri. The company is involved in the buying, storing, processing, and selling of different food items, including but not limited to, grains and oilseeds, sugar, ethanol, and animal feed. Its subsidiary, Bunge Loders Croklaan B.V., produces and sells various organic oils, fats, and lecithins.

On October 26, Bunge Limited (NYSE:BG) released its Q3 earnings result in which it reported a non-GAAP EPS of $2.99, topping the expected EPS estimates by $0.49. The company generated a revenue of $14.23 billion.

On October 5, Bunge Limited (NYSE:BG) announced that it would acquire Viterra Limited, a subsidiary of Danelo Limited, including the issuance of over 65.6 million common shares at a nominal value of $0.01 per share. The deal is expected to reach its completion by mid-2024 and is likely to position Bunge Limited (NYSE:BG) as the biggest oilseed processor in the world.