1ST HALF: AG STOCK INDEX FALLS WHILE GENERAL INDEXES GAIN
Jul. 13, 2020
Source: Agri Marketing magazine
During the first half of 2020, Agri Marketing's Ag Stock Index finished down 18%. That compares to the Dow Jones Industrial Index up 10%, S&P 500 down 4% and NASDAQ up 12%.
The Agri Marketing Ag Stock Index is composed of a portfolio of 29 publicly traded companies with significant agricultural interests.
Since its inception on January 1, 2006, the Agri Marketing Ag Stock Index has gained 152%. That compares to the Dow's gain of 330%, the S&P 500's gain of 336% and NASDAQ's gain of 462%.
The Ag Stock Index's four gainers in the first half of 2020 were:
1. Tractor Supply Co. +48%
2. Art's Way Mfg +24%
3. Zoetis +4%
4. Trimble +1%
Those posting the largest losses were:
1. The Andersons (grain, ethanol) (49%)
2. The Mosaic Co. (fertilizer) (46%)
3. CF Industries (fertilizer) (42%
4. American Vanguard (crop protection) (34%)
5. Nutrien (fertilizer, crop input retail) (33%)
AGCO (farm machinery) (30%)
Bayer (crop protection, seed, digital): (8%)
BASF (crop protection, seed): (20%)
Corteva Agriscience (crop protection, seed, digital): (12%)
Deere & Co (farm machinery): (8%)
Elanco (animal health): (27%)