5 Biggest Agriculture Stocks in 2024

3. Archer-Daniels-Midland Company (NYSE:ADM)

Latest Market Capitalization: $29 billion

Archer-Daniels-Midland Company (NYSE:ADM) is located further downstream of the agriculture supply chain. It is a commodity broker that connects farmers to their markets. February 2024 is proving to be a controversial month for the firm as is being investigated by the Justice Department for accounting improprieties according to unconfirmed reports which follow its CFO’s resignation in January.

After digging through 910 hedge fund portfolios for last year’s third quarter, Insider Monkey discovered that 37 had bought and owned Archer-Daniels-Midland Company (NYSE:ADM)’s shares. Cliff Asness’s AQR Capital Management was the biggest investor due to its $216 million stake.

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