Grow Your Dividend Income With These 2 High-Yield Farm Stocks
Have you ever seen a commercial fishing vessel?
I went down to the docks recently and was looking at fishing trawlers. The owners of these ships take-on six-figures of debt and risk their lives every day, for a product that ultimately costs $0.75 at the store.
Farming is similar.
Farmers take-on millions of dollars in debt, gamble against bad weather, and spend long-hours harvesting their crops — all to provide the public with cheap food.
Unsurprisingly, farming stocks get overlooked.
And that’s good for value investors.
The agriculture sector offers several hidden gem stocks — including one ultra-cheap market-beater…
1. Archer-Daniels-Midland Company ($ADM)
“Archer Daniels, Bunge, Cargills, and Louis Dreyfuss control 90% of the global grain trade, plus considerable parts of the food processing chain.” This a quote from an article titled The ABCD agro-giants. The piece continues, “Collectively known as the ABCD companies, they may not be as recognizable as the big four oil or tech names but approach them in their economic clout.”
Archer-Daniels-Midland Company is the Exxon Mobil of grain.