5 Biggest Agriculture Companies in the World

In this article, we discuss 5 biggest agriculture companies in the world. If you want our detailed analysis of the agriculture industry, click 12 Biggest Agriculture Companies in the World. 

5. Archer-Daniels-Midland Company (NYSE:ADM)

Market Capitalization as of March 23: $50.111 billion

Number of Hedge Fund Holders: 41

Archer-Daniels-Midland Company (NYSE:ADM) is a Chicago-based company that merchandises agricultural commodities and food ingredients. It is involved in the import and export of agricultural inputs, such as oilseeds, corn, wheat, milo, oats, and barley.

For 2021, Archer-Daniels-Midland Company (NYSE:ADM)’s revenue exceeded $85 billion, up almost $21 billion as compared to the prior year revenue. The company reported a net income of $2.70 billion in 2021, up from $1.7 billion in 2020. 

Archer Daniels-Midland (NYSE:ADM) on February 23 priced its first sustainable bond, which will advance its ESG initiatives. The offering closed on February 28, and Archer-Daniels-Midland Company (NYSE:ADM) will issue $750 million in aggregate principal amount of 2.9% notes due 2032.

Barclays analyst Benjamin Theurer on March 4 maintained an Overweight rating on Archer Daniels-Midland (NYSE:ADM), citing strong long-term fundamentals and the company’s ability to capitalize on the near-term market disruption. He raised the price target on Archer Daniels-Midland (NYSE:ADM) to $88 from $80. 

According to the database of elite hedge funds maintained by Insider Monkey, Archer Daniels-Midland (NYSE:ADM) was found in the portfolios of 41 funds at the end of December 2021, compared to 27 funds in the prior quarter. Ric Dillon’s Diamond Hill Capital is the largest shareholder of the company, with 5.70 million shares worth approximately $386 million.