13 Best Farmland and Agriculture Stocks To Invest In According to Hedge Funds

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9. Corteva Inc. (NYSE:CTVA)

Number of Hedge Fund Holders: 33

Corteva Inc. (NYSE:CTVA) is a pure-play agriculture company that provides farmers around the world with a comprehensive range of seed and crop protection products and services. The company is focused on helping farmers maximize productivity to enhance yield and profitability. With a strong portfolio of well-known brands and an innovative product pipeline, Corteva Inc. (NYSE:CTVA) is well-positioned for growth in the agriculture sector.

In its third-quarter results for 2024, the company reported a 10% decrease in net sales compared to the previous year. However, Corteva Inc. (NYSE:CTVA) saw a 3% increase in volume, driven by an 11% rise in Crop Protection volume, particularly in Latin America and North America on demand for new products and spinosyns. This growth was partly offset by lower seed volumes due to reduced corn planting in Argentina. Despite facing an operating loss in Q3, management remains optimistic, expecting to achieve over $400 million in savings from its controllables this year.

Corteva Inc. (NYSE:CTVA) is focusing on differentiated and new technologies that warrant premium pricing. In 2025, the company plans to introduce several hundred new hybrids and varieties globally, which will help farmers improve yields and productivity. Additionally, on a year-to-date basis, Corteva Inc. (NYSE:CTVA) has received over 150 crop protection registration approvals across nearly 50 countries, indicating robust demand for its innovative solutions.

Corteva Inc. (NYSE:CTVA) announced a significant breakthrough on November 18, 2024, with the introduction of a proprietary non-GMO hybrid wheat technology. This innovation could increase yield potential by 10% while using the same amount of land resources and offers improved drought resistance, yielding up to 20% more in water-stressed conditions. Such advancements are crucial for global food security and position Corteva Inc. (NYSE:CTVA) as a leader in addressing agricultural challenges. These strategic initiatives and advancements make CTVA a compelling investment opportunity in the agriculture sector, as it continues to drive innovation and support farmers’ needs effectively. Corteva Inc. (NYSE:CTVA) ranks among the best agriculture stocks to buy.

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