Global X AgTech & Food Innovation ETF (KROP)

Deere & Co reported mixed first-quarter fiscal 2025 results, beating earnings estimates but lagging revenue estimates. This put ETFs with the largest allocation to the farm equipment giant in focus. Here is a brief review of these funds.

FMC's stock dips after weak Q4 results and lowered outlook. Analyst downgrades and predicts dividend cut due to debt and competition concerns.

Deere & Co reported robust fourth-quarter fiscal 2024 results, beating earnings and revenue estimates. Shares of Deere gained 8% at the close following the results. This has put ETFs with the largest allocation to this farm equipment giant in focus.

Corteva Crop Protection volumes rose by 6% Y/Y, primarily due to increased demand for new products and spinosyns in Latin America.

FMC signed a $350M deal to sell its Global Specialty Solutions business to Envu, aiming to reduce debt. Transaction expected to close by 2024.

AGCO Corporation shares decline as the company announces a restructuring program to address weakening demand in the agriculture sector, aiming for workforce reductions and cost efficiencies.

CNH Industrial reported lower Q1 2024 results, with revenue down 10% Y/Y. Adjusted EPS of $0.33 beat consensus of $0.27. 2024 outlook lowered.

If you’re looking for agriculture stocks to buy, those involved in precision agriculture should be at the top of your list.

Agritech stocks haven’t performed well in 2023, which is surprising considering they’re generating significant sales and profit growth.  

The Russia-Ukraine War should keep fertilizer and food prices high for many months to come, benefiting agricultural stocks.

These recently-launched ETFs offer diversification as well as the opportunity to benefit from the emerging industries and trends.

AgTech and Food Innovation is an area that is growing quickly. With new opportunities on the horizon, what does the future hold? During a recent Public Live audio show, business...