Logistical and supply-chain issues, higher input costs, and elevated operational expenses continue to mar the prospects of the Zacks Agriculture – Operations industry. Supply-chain concerns and commodity cost pressures have been affecting the profitability of agricultural companies for a while.
Nonetheless, the U.S. Department of Agriculture’s (USDA) agricultural export projections for fiscal 2021 and 2022 reflect record shipments of soybeans and continued strong demand from China. Investments in assets and technological capabilities to innovate and serve customers bode well for players like Archer Daniels Midland Company ADM, Corteva Inc. CTVA, Mission Produce, Inc. AVO, Adecoagro S.A. AGRO and Alico Inc. ALCO.
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Archer Daniels Midland Company (ADM): Free Stock Analysis Report
Adecoagro S.A. (AGRO): Free Stock Analysis Report
Alico, Inc. (ALCO): Free Stock Analysis Report
Corteva, Inc. (CTVA): Free Stock Analysis Report
Mission Produce, Inc. (AVO): Free Stock Analysis Report
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Zacks Investment Research
Nonetheless, the U.S. Department of Agriculture’s (USDA) agricultural export projections for fiscal 2021 and 2022 reflect record shipments of soybeans and continued strong demand from China. Investments in assets and technological capabilities to innovate and serve customers bode well for players like Archer Daniels Midland Company ADM, Corteva Inc. CTVA, Mission Produce, Inc. AVO, Adecoagro S.A. AGRO and Alico Inc. ALCO.
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Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
Archer Daniels Midland Company (ADM): Free Stock Analysis Report
Adecoagro S.A. (AGRO): Free Stock Analysis Report
Alico, Inc. (ALCO): Free Stock Analysis Report
Corteva, Inc. (CTVA): Free Stock Analysis Report
Mission Produce, Inc. (AVO): Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
