Ag Index Beats Dow & NASDAQ
Agri Marketing reported that 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 composed of 40 companies with significant agricultural interests, was up by 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 top performers include:
- CF Industries (fertilizer) +94%
- Agrium (fertilizer) +90%
- Dow Chemical (crop protection/seed) +86%
- Mosaic (fertilizer) +79%
- CNH (equipment) +67%
- Schering-Plough (animal health) +67%
- 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%
The two companies whose stock price dropped for the year were: American Vanguard (crop protection) (29%) and Eli Lilly (animal health) (6%).