Stocks to Consider Amid Changing Dynamics of the U.S. Agri Industry
At a time when the resumption in exports of grains from some Ukrainian ports has calmed down the rising food prices, the United States is on the brink of witnessing the lowest cotton production in over a decade, setting the stage for a sharp rise in its price. While Food processing stocks like Archer Daniels Midland (NYSE: ADM) and Conagra Brands (NYSE: CAG) are expected to benefit from the falling food prices, rising cotton prices could prove to be beneficial for companies like Farmland Partners Inc. (NYSE: FPI). Now, let’s take a closer look at the factors that are influencing the U.S. agriculture industry.
Stocks to Consider Amid Changing Dynamics of the U.S. Agri Industry
At a time when the resumption in exports of grains from some Ukrainian ports has calmed down the rising food prices, the United States is on the brink of witnessing the lowest cotton production in over a decade, setting the stage for a sharp rise in its price. While Food processing stocks like Archer Daniels Midland (NYSE: ADM) and Conagra Brands (NYSE: CAG) are expected to benefit from the falling food prices, rising cotton prices could prove to be beneficial for companies like Farmland Partners Inc. (NYSE: FPI). Now, let’s take a closer look at the factors that are influencing the U.S. agriculture industry.