Skip to main content
No. of Recommendations: 7
I've been in FPI on occasion over the last 6-7 years, including now. I bought it last in early March at $13.30. Its now $14.39. Not much that I own is up since then. I have 4.5% of my IRA invested here.

The war in Ukraine is impacting food supplies. India is banning food exports. California is going through a drought. Bill Gates is the largest farm owner in the USA. All this makes me wonder if I should diversify and expand beyond Farmland Partners (FPI). So I started looking at some other names. Here is what I've come up with so far. I listed them in order based on YTD performance. It seems I did not choose the best from the start. :D


Ticker Name YTD 30-Day 7-Day
MOS Mosaic Company 62.1% -16.0% 10.4%
NTR Nutrien Co 45.1% -9.0% 7.3%
AGRO Adecoagro 42.4% -16.7% 10.6%
CRESY Cresud 39.6% -28.1% 9.9%
ADM Archer-Daniels.. 28.2% -8.1% 5.1%
BG Bunge Limited 23.2% -8.1% 6.1%
FPI Farmland Partners 21.1% -1.2% -1.4%
SOYB Soybean Fund 20.5% -0.8% 3.1%
AGCO AGCO Corp 3.9% -10.1% 7.5%
MOO VanEck Agribiz 3.6% -7.9% 6.8%
DE Deere & Co 3.5% -12.4% 5.6%
FDP Fresh Del Monte -10.2% -5.3% 3.2%


There is another farmland REIT to compete with FPI, and that is LAND, but its been horrible this year so far so I excluded it.

FPI typically buys farmland and leases it back to farmers. REITs are required to give back a percentage of profits as dividends, which usually makes them good dividend plays. But at 1.67% yield this one isn't great. I'm holding it though because its one of my few up-stocks.

FDP and CRESY both plant, grow and harvest plants.

NTR and MOS are in seeds and fertilizers.

DE and AGCO are both into equipment.

BG is into distribution, processing, transportation, etc.

ADM is into animal and human nutritional needs.

MOO and SOYB are ETF's in this space and offer more diversification in one-stop.

I'm currently considering MOS, NTR and ADM to add to my PFI shares. If I do this I will likely sell some of my QQQ shares (23% of my IRA) to fund this.
Print the post  

Announcements

This is a Politics Free Board
Politically charged posts are not permitted on the Metar Board. If you make a political post, and it is alerted, the post will be removed. Thanks!
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.