FULL YEAR: AG COMPANIES STOCK PRICES OUTPERFORM DOW, S & P 500 INDEXES
Jan. 4, 2010
Source: Agri Marketing magazine
For the full year, the Dow Jones Industrials was up 18.8%, the S & P 500 was up 23.5% and the NASDAQ jumped 43.9%.
The portfolio of stocks organized by Agri Marketing, which is comprised of 40 companies with significant agricultural interests, was up 23.4%.
Since its inception on Jan. 1, 2006, the Agri Marketing ag stock index has gained 15%. That compares to the S&P 500 over the same time frame which has dropped 6%.
The year's five largest gainers were:
1. CF Industries (fertilizer) +94%
2. Agrium (fertilizer) +90%
3. Dow Chemical (crop protection/seed) +86%
4. Mosaic (fertilizer) +79%
5. CNH (equipment) +67% and Schering-Plough (animal health) +67%
The two companies whose stock price dropped for the year were:
American Vanguard (crop protection) (29%)
Eli Lilly (animal health) (6%)
Syngenta (crop protection/seed) +50%
John Deere (equipment) +48%
DuPont (seed/crop protection) +42%
Bayer (crop protection/seed) +38%
AGCO (equipment) +37%
Lindsay (irrigation) +29%
Valmont (irrigation) +28%
Monsanto (seed/crop protection) +20%