Agricultural Products


I always look at economics of the business
A bird in the hand is worth 2 in the bush and the question is how sure are you there are 2 in the bush and how long you have to wait to get them out
1. How many birds are in the bush?
2. When you gonna get them out?
3. How sure are you?
If interest rates are 15% roughly you've got 2 birds out of bush in 5 years equal to bird in the hand but if interest rates are 3% and you can get 2 birds out in 20 years it still makes sense to give up the bird in the hand because it's all gets back to discounting an interest rate. Often you don't know not only how many birds in the bush but in the case of internet companies there were not any birds in the bush but they still take the bird that you give them from the hand
Loop through all the subindustries and try to understand how many birds are in the bush from the perspective of economics of the business

Revenue

200020012002200320042005200620072008200920102011201220132014201520162017201820192020
Display GDP grow per year to compare with Revenue Change
1. Archer-Daniels-Midland Company ADM20,05123,45430,70836,15135,94436,59644,01869,81669,19861,68280,67689,03889,80481,20167,70262,34660,82864,34164,656
2. Bunge Limited BG9,66711,48414,07422,16525,16824,27526,27437,84252,57441,92645,70758,74360,99161,34757,16143,45542,62045,77745,74341,140
3. Ingredion Incorporated INGR1,8652,0341,9792,2692,4612,5592,8443,6284,1973,8904,3676,2196,5326,6535,9985,6215,7045,8325,8416,209
4. Fresh Del Monte Produce Inc FDP1,8591,9282,0912,4872,9063,2603,2143,3663,5313,4963,5543,5913,4223,6803,9244,0594,0124,0844,5024,509
5. Darling Ingredients Inc DAR2432562623243203094076458075987251,7971,7011,7243,9563,3973,3983,6623,3883,364
6. BrasilAgro - Companhia Brasileira de Propriedades Agrícolas LND517914075174147147244358488
7. Limoneira Company LMNR543554536685103100112121129171
8. Village Farms International, Inc VFF137142156158150145
9. Alico, Inc ALCO45554948525677135116908099127102891531441308112293
10. S&W Seed Company SANW4.956.733.6414.1537528196756411080
11. Origin Agritech Limited SEED233626666576878789887968376335012.9392
12. Golden Growers Cooperative GGROU9383616258605762
13. Scheid Vineyards Inc SVIN17.37222426243130372530424962575951
14. Input Capital Corp INPCF04.5915.2447363039440
15. Yew Bio-Pharm Group, Inc YEWB7.733051413828
16. Imperial Ginseng Products Ltd IGPFF4.595.333.534.321.135.44.13.293.813.284.755.713.523.938.547.447.5111.994.517.815.79
17. Arcadia Biosciences, Inc RKDA6.486.985.413.194.031.461.17
18. United Royale Holdings Corp URYL000.0100
19. Feronia Inc FRNFF7.457.136.6910.8310.9217.2221290
20. Sino Agro Food, Inc SIAF4152139261404344343198142
21. Farm Lands of Africa, Inc FLAF000
22. Urban Barns Foods Inc URBF000.0100.1
23. California Style Palms, Inc CFPI12.3811.1310.269.885.2713.12270.751.72
24. Margo Caribe Inc MRGO8.39.199.758.438.429.67
25. Stevia Corp STEV002.176.37
26. Hawaiian Macadamia Nut Orchards, L.P NNUTU13.7616.8914.5615.4313.6717.3817.0711.2617.4616.3315.2517.962013.8215.9918.512732
27. Stevia Nutra Corp STNT000
28. YaSheng Group HERB5425676036567367408499499931,0111,012939
29. Shandong Zhou Yuan Seed and Nursery Co., Ltd SZSN0.020.6400.040.270.430.73.110.450.56
30. China Liaoning Dingxu Ecological Agriculture Development, Inc CLAD8.6212.6213.290.110.470.5


Revenue Growth

200020012002200320042005200620072008200920102011201220132014201520162017201820192020
Display GDP growth per year to compare with Revenue Change
1. Archer-Daniels-Midland Company ADM1.561.561.171.311.180.991.021.21.590.990.891.311.11.010.90.830.920.981.061
2. Bunge Limited BG1.191.191.231.571.140.961.081.441.390.81.091.291.041.010.930.760.981.0710.9
3. Ingredion Incorporated INGR1.091.090.971.151.081.041.111.281.160.931.121.421.051.020.90.941.011.0211.06
4. Fresh Del Monte Produce Inc FDP1.041.041.081.191.171.120.991.051.050.991.021.010.951.081.071.030.991.021.11
5. Darling Ingredients Inc DAR1.051.051.021.240.990.961.321.591.250.741.212.480.951.012.30.8611.080.930.99
6. BrasilAgro - Companhia Brasileira de Propriedades Agrícolas LND1.551.551.760.542.330.8411.661.471.36
7. Limoneira Company LMNR0.650.651.560.971.251.291.220.971.111.091.071.32
8. Village Farms International, Inc VFF1.041.041.11.020.950.96
9. Alico, Inc ALCO1.211.210.90.981.081.071.391.740.860.770.891.241.290.80.871.730.940.90.631.50.76
10. S&W Seed Company SANW1.361.360.543.892.641.381.581.180.780.851.710.73
11. Origin Agritech Limited SEED1.571.570.712.550.991.161.151.011.020.990.90.865.560.890INF7.15
12. Golden Growers Cooperative GGROU0.890.890.741.010.931.040.961.09
13. Scheid Vineyards Inc SVIN1.251.251.121.090.91.320.961.220.681.211.391.171.270.921.020.87
14. Input Capital Corp INPCFINFINF3.323.060.780.821.321.120
15. Yew Bio-Pharm Group, Inc YEWB3.833.831.740.790.930.74
16. Imperial Ginseng Products Ltd IGPFF1.161.160.661.230.264.80.760.81.160.861.451.20.621.122.170.871.011.60.381.730.74
17. Arcadia Biosciences, Inc RKDA1.081.080.780.591.260.360.8
18. United Royale Holdings Corp URYLNANNANINF0NAN
19. Feronia Inc FRNFF0.960.960.941.621.011.581.231.380
20. Sino Agro Food, Inc SIAF1.281.282.671.891.550.8510.580.71
21. Farm Lands of Africa, Inc FLAFNANNANNAN
22. Urban Barns Foods Inc URBFNANNANINF0.17101.96
23. California Style Palms, Inc CFPI0.90.90.920.960.532.492.080.032.3
24. Margo Caribe Inc MRGO1.111.111.060.8611.15
25. Stevia Corp STEVINFINF1667.762.94
26. Hawaiian Macadamia Nut Orchards, L.P NNUTU1.231.230.861.060.891.270.980.661.550.940.931.181.120.691.161.161.441.21
27. Stevia Nutra Corp STNTINFINF0
28. YaSheng Group HERB1.051.051.061.091.1211.151.121.051.0210.93
29. Shandong Zhou Yuan Seed and Nursery Co., Ltd SZSN32320INF7.031.551.654.420.151.24
30. China Liaoning Dingxu Ecological Agriculture Development, Inc CLAD1.461.461.050.014.361.07