20-quarter listed-company comparison

Farm Products Stocks

Farm Products: Archer-Daniels-Midland Company owns the largest revenue base; Vital Farms, Inc. has the fastest current growth.

01 · the industry itself · before any single company

How has Farm Products moved against S&P 500?

The line below covers up to 5.2 years and opens on the 5Y view; the buttons cut it shorter. Over the most recent two of them this industry is 35% behind S&P 500. Earnings across its companies fell 60% on average over the last four reported quarters.

BASING · 1y −18.6%⚠Price down, no fundamental support2 of 12 companies ahead of S&P 500 by 5% or more over three months

RS — · 4/12 >200d (−2) · 2/12 lead (+1) · EPS 3/12↑

Farm Products, equal-weighted, based at 200 S&P 500, same base, same start trailing 12-month earnings per share rising falling

Both lines start at 200 in the same week, so the distance between them is the whole story: the industry line is an equal-weighted index of its 12 companies. The bars underneath are trailing 12-month earnings per share, one bar per reported quarter, each member rebased to 100 at the start and the industry taking the median — so a price line pulling away from flat bars is a re-rating, not earnings. A bar turns red when that figure is lower than the quarter before. Rules are fixed and applied identically everywhere on this site: ahead by 5% or more over three months, or behind by 20% or more over a year while earnings grew 20% or more. Hover any point to read both values and the gap. This is a description of what the numbers did, not advice.

02 · sector relative strength, before individual stocks

Is Farm Products outperforming S&P 500?

Farm Products has underperformed S&P 500 by 15.4% over the last 52 weeks. Over 13 weeks the gap is a shortfall of 7.9%. 1 of 12 covered companies currently beats the S&P 500 on Mansfield relative strength, so leadership inside the sector is broad. Archer-Daniels-Midland Company is the strongest against the sector itself at +21.4%.

-7.9%Sector vs S&P 500 · 13 weeks

-15.4%Sector vs S&P 500 · 52 weeks

1/12Stocks leading S&P 500

8/12Stocks leading sector

Sector metric: — as of latest available · unclassified · direction unavailable.

The central tension: the companies with the most scale are not necessarily the companies creating the most change.

Start with scale. Then earnings trajectory. Then business quality. Only after those three agree should price leadership carry much weight.

Bottom line

Farm Products has underperformed S&P 500 by 15.4% over 52 weeks and 7.9% over 13 weeks. 1 of 12 covered companies beat the S&P 500 on Mansfield relative strength, while 8 of 12 beat the sector itself. Archer-Daniels-Midland Company leads with revenue of $80,584 million, based on 9 of 12 comparable companies through Mar 2026.

Companies

complete canonical membership

Combined market value

$88.2B

Archer-Daniels-Midland Company

Revenue growing

4/9

positive TTM year-on-year growth

Beating S&P 500

1/12

positive Mansfield relative strength

Comparing 5 of 12

03 · research priority, made explicit

4-Factor Sector Score

An additive sector-relative research score. The four displayed point contributions always equal the total: Growth & earnings (35), Capital efficiency (25), Valuation (20), and Relative strength (20). Missing or stale evidence is absorbed inside the affected factor, never applied as a hidden adjustment.

Growth & earnings · 35%Capital efficiency · 25%Valuation · 20%Relative strength · 20%

Archer-Daniels-Midland Company has the strongest current balance of earnings trajectory, business quality, valuation and price confirmation, with 81.1% evidence confidence.

Adecoagro S.A. looks inexpensive relative to peers or its own history, but its earnings trajectory has not yet earned the valuation signal.

How this score is built, and what the marks mean

Missing observations are not scored as bad. Their missing weight lowers confidence and pulls the final score toward neutral. PEG is not shown when the ratio cannot mean anything: the company must be making a profit, its price-to-earnings must be positive, and its three-year earnings growth must fall between 5% and 60%. Dividing a price multiple by a loss, or by growth measured off a tiny base, produces a number that looks precise and tells you nothing. Under relative strength, one mark per week shows the last 12 weeks: a mark is filled where the company led S&P 500 by 5% or more over the 13 weeks ending that week, which is the same test used everywhere on this site. Price stage places the company on the same six-step curve the sector itself is placed on — basing, turning, breaking out, leader, fading, asleep — read from how many weeks running it has led S&P 500 and whether that lead is widening or shrinking. It describes where the PRICE stands, not the earnings trajectory and not a recommendation, and it is left blank for a company whose weekly history is too short or too stale to read.

Company	Score	Price stage	Growth & earnings/35	Capital efficiency/25	Valuation/20	Relative strength/20
1Archer-Daniels-Midland CompanyADM	60.1/100Mixed-positive evidence81% evidence	ASLEEP	17.6/35 Revenue -3.9% · PAT -19.8% · OPM change 0.5 pp 83% evidence	12.6/25 ROCE 1% · OPM 1.6% 76% evidence	14.4/20 P/E 32.6× · PEG 0.52 65% evidence	15.5/20 RS sector 21.4% · RS bench 5.3% · 1Y 38.1%5 of 12 weeks ahead 100% evidence
Exact sum: 17.6 + 12.6 + 14.4 + 15.5 = 60.1 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
2Bunge Global SABG	54.2/100Thin evidence · provisional58% evidence	ASLEEP	19.2/35 Revenue — · PAT — · OPM change -0.8 pp 45% evidence	14.4/25 ROCE 4.3% · OPM 1.1% 76% evidence	10.3/20 P/E 20.6× · PEG — 15% evidence	10.3/20 RS sector 4.2% · RS bench -9.9% · 1Y 28.7%0 of 12 weeks ahead 100% evidence
Exact sum: 19.2 + 14.4 + 10.3 + 10.3 = 54.2 · Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral.
3Village Farms International, Inc.VFF	52.8/100Thin evidence · provisional58% evidence	BASING	22.0/35 Revenue 17% · PAT — · OPM change 0.9 pp 62% evidence	15.5/25 ROCE 10.9% · OPM 73.5% 76% evidence	11.5/20 P/E 8.1× · PEG — 15% evidence	3.8/20 RS sector -28.6% · RS bench -38.9% · 1Y 15.7%0 of 12 weeks ahead 70% evidence
Exact sum: 22 + 15.5 + 11.5 + 3.8 = 52.8 · Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral.
4Dole plcDOLE	51.8/100Mixed-positive evidence75% evidence	BASING	16.1/35 Revenue 11.4% · PAT -25.4% · OPM change -0.6 pp 83% evidence	12.8/25 ROCE 2.1% · OPM 2.6% 76% evidence	14.7/20 P/E 31.8× · PEG 0.22 65% evidence	8.2/20 RS sector 0.8% · RS bench -13.1% · 1Y -4.3%0 of 12 weeks ahead 70% evidence
Exact sum: 16.1 + 12.8 + 14.7 + 8.2 = 51.8 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
5Tyson Foods, Inc.TSN	48.4/100Mixed-negative evidence71% evidence	BASING	18.1/35 Revenue 3.9% · PAT -48.8% · OPM change 2.4 pp 83% evidence	12.7/25 ROCE 1.4% · OPM 3.2% 76% evidence	9.1/20 P/E 49.9× · PEG — 15% evidence	8.5/20 RS sector 3.5% · RS bench -10.7% · 1Y 3%0 of 12 weeks ahead 100% evidence
Exact sum: 18.1 + 12.7 + 9.1 + 8.5 = 48.4 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
6Alico, Inc.ALCO	47.2/100Thin evidence · provisional58% evidence	ASLEEP	20.4/35 Revenue -68% · PAT — · OPM change 704.9 pp 62% evidence	4.3/25 ROCE -3.6% · OPM -146.5% 76% evidence	10.0/20 P/E 30.7× · PEG — 15% evidence	12.5/20 RS sector 4% · RS bench -10.1% · 1Y 18.8%0 of 12 weeks ahead 70% evidence
Exact sum: 20.4 + 4.3 + 10 + 12.5 = 47.2 · Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral.
7Adecoagro S.A.AGRO	46.8/100Mixed-negative evidence75% evidence	BASING	15.7/35 Revenue -4.1% · PAT -71.9% · OPM change 4.4 pp 83% evidence	12.2/25 ROCE 0.6% · OPM 5.4% 76% evidence	13.3/20 P/E 883.5× · PEG 0.78 65% evidence	5.6/20 RS sector -2.1% · RS bench -15.3% · 1Y 1.2%2 of 12 weeks ahead 70% evidence
Exact sum: 15.7 + 12.2 + 13.3 + 5.6 = 46.8 · Decision use: Cheap but unconfirmed: require improving earnings before treating the valuation as an opportunity.
8Cal-Maine Foods, Inc.CALM	44.8/100Thin evidence · provisional58% evidence	BREAKING OUT	11.9/35 Revenue — · PAT — · OPM change -39.4 pp 45% evidence	9.4/25 ROCE -2.1% · OPM 5.4% 76% evidence	11.2/20 P/E 11.3× · PEG — 15% evidence	12.3/20 RS sector 1.8% · RS bench -12.5% · 1Y -21.3%5 of 12 weeks ahead 100% evidence
Exact sum: 11.9 + 9.4 + 11.2 + 12.3 = 44.8 · Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral.
9Vital Farms, Inc.VITL	41.6/100Mixed-negative evidence75% evidence	TURNING	16.4/35 Revenue 26.6% · PAT -7.8% · OPM change -14.6 pp 83% evidence	7.8/25 ROCE -0.7% · OPM -1.2% 76% evidence	14.4/20 P/E 12.6× · PEG 1 65% evidence	3.0/20 RS sector -50.7% · RS bench -58.3% · 1Y -73.3%2 of 12 weeks ahead 70% evidence
Exact sum: 16.4 + 7.8 + 14.4 + 3 = 41.6 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
10BrasilAgro - Companhia Brasileira de Propriedades AgrícolasLND	35.8/100Thin evidence · provisional58% evidence	BASING	10.6/35 Revenue -26.3% · PAT -104.5% · OPM change -16.8 pp 62% evidence	8.0/25 ROCE -0.3% · OPM -5.1% 76% evidence	10.6/20 P/E 15.1× · PEG — 15% evidence	6.6/20 RS sector -1.4% · RS bench -15.1% · 1Y -5%0 of 12 weeks ahead 70% evidence
Exact sum: 10.6 + 8 + 10.6 + 6.6 = 35.8 · Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral.
11Limoneira CompanyLMNR	29.8/100Adverse evidence61% evidence	TURNING	7.4/35 Revenue -25% · PAT — · OPM change -81.2 pp 71% evidence	3.5/25 ROCE -8.1% · OPM -90.7% 76% evidence	8.8/20 P/E 56.2× · PEG — 15% evidence	10.1/20 RS sector 1.8% · RS bench -12.4% · 1Y -12.2%0 of 12 weeks ahead 70% evidence
Exact sum: 7.4 + 3.5 + 8.8 + 10.1 = 29.8 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
12Forafric Global PLCAFRI	51.4/100Thin evidence · provisional29% evidence	ASLEEP	18.1/35 Revenue — · PAT — · OPM change — 9% evidence	8.6/25 ROCE -0.7% · OPM — 46% evidence	10.0/20 P/E — · PEG — 0% evidence	14.7/20 RS sector 11.7% · RS bench -3.4% · 1Y 35.7%1 of 12 weeks ahead 70% evidence
Exact sum: 18.1 + 8.6 + 10 + 14.7 = 51.4 · Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral.

Showing 10 of 12 companies

04 · what price has already done

Market action

Archer-Daniels-Midland Company has the strongest one-year price move in Farm Products at +38.1%. It also leads on Mansfield relative strength against the S&P 500 at +5.3%. 1 of 12 covered companies is above zero on that measure. Every line covers 314 weekly closes through 2026-08-04.

Price and relative strength

Every company, the sector's own index and S&P 500 all start level on the left edge of the window, so only the distance between the lines counts — the highest line has risen the most since then, and the chart at the top of this page is drawn the same way. It opens on one year; the buttons beside it stretch that to three or five.

05 · compare level, then change

Revenue Scale & Growth Durability

Archer-Daniels-Midland Company has the highest Revenue among the 12 Farm Products companies compared here, at $80,584 million. Tyson Foods, Inc. is next at $55,710 million. Vital Farms, Inc. has the highest Revenue growth at 26.6%, so level and change sit with different companies. 9 of 12 companies report a comparable reading, the latest through Mar 2026.

What the numbers say: Archer-Daniels-Midland Company is the scale leader at $80,584 million, 44.6% ahead of Tyson Foods, Inc.. Vital Farms, Inc.'s growth is 26.6% from a $785 million base, with 19 reported observations in the 20-quarter window. Treat the growth leader as an acceleration candidate, not as equally proven scale.

LeaderArcher-Daniels-Midland Company · $80,584 million

Gap44.6% versus #2 · Tyson Foods, Inc.

Persistence2/8 recent comparable periods

Coverage9/12 companies · 218 observations

Investor read: Archer-Daniels-Midland Company is the scale benchmark; Vital Farms, Inc. is the acceleration watch. Promote the challenger only if growth persists and converts into margin and returns.

This conclusion weakens if: Archer-Daniels-Midland Company's growth falls below Vital Farms, Inc.'s for two consecutive comparable reports while operating margin also compresses.

Revenue is compared on a common reported-currency basis. Growth is year-on-year, so seasonality does not masquerade as progress.

Revenuelargest

1Archer-Daniels-Midland Company ADM$80.6B

2Tyson Foods, Inc. TSN$55.7B

3Dole plc DOLE$9.4B

4Adecoagro S.A. AGRO$1.6B

5BrasilAgro - Companhia Brasileira de Propriedades Agrícolas LND$1.0B

Revenue growthfastest growers

1Vital Farms, Inc. VITL27%

2Village Farms International, Inc. VFF17%

3Dole plc DOLE11%

4Tyson Foods, Inc. TSN3.9%

5Archer-Daniels-Midland Company ADM-3.9%

Revenue · company comparison

9/12 level · 9/12 change

On every company-comparison chart on this page: solid lines show level, dotted lines show change when “Both” is selected, and a missing report breaks the line rather than being invented.

All-company data · latest reported quarter

In every all-company table on this page, each figure is the company’s latest single reported quarter. The rankings above them use trailing-twelve-month or current-market values, so a company can legitimately show a different number in each.

Company	Revenue	Revenue growth	Reported
Bunge Global SA BG	$21.9B	88%	Jun 2026
Archer-Daniels-Midland Company ADM	$20.5B	1.6%	Mar 2026
Tyson Foods, Inc. TSN	$13.7B	4.4%	Mar 2026
Dole plc DOLE	$2.3B	12%	Mar 2026
Cal-Maine Foods, Inc. CALM	$667M	-53%	Jun 2026
Adecoagro S.A. AGRO	$419M	20%	Mar 2026
Vital Farms, Inc. VITL	$187M	15%	Mar 2026
BrasilAgro - Companhia Brasileira de Propriedades Agrícolas LND	$165M	-27%	Mar 2026
Forafric Global PLC AFRI	$89M	-23%	Dec 2025
Village Farms International, Inc. VFF	$50M	25%	Mar 2026
Limoneira Company LMNR	$24M	-31%	Jun 2026
Alico, Inc. ALCO	$5M	-72%	Mar 2026

Full 20-quarter history · every available company

Revenue · reported quarter history

Adecoagro S.A. · AGRO

Sep 2021$395M

Dec 2021$376M

Mar 2022$290M

Jun 2022$415M

Sep 2022$429M

Dec 2022$36M

Mar 2023$307M

Jun 2023$432M

Sep 2023$411M

Dec 2023$238M

Mar 2024$316M

Jun 2024$451M

Sep 2024$479M

Dec 2024$387M

Mar 2025$350M

Jun 2025$393M

Sep 2025$354M

Dec 2025$433M

Mar 2026$419M

Jun 2026—

Alico, Inc. · ALCO

Sep 2021$4M

Dec 2021$15M

Mar 2022$50M

Jun 2022$26M

Sep 2022$1M

Dec 2022$11M

Mar 2023$21M

Jun 2023$7M

Sep 2023$1M

Dec 2023$14M

Mar 2024$18M

Jun 2024$14M

Sep 2024$1M

Dec 2024$17M

Mar 2025$18M

Jun 2025$8M

Sep 2025$1M

Dec 2025$2M

Mar 2026$5M

Jun 2026—

Archer-Daniels-Midland Company · ADM

Sep 2021$20.3B

Dec 2021$23.1B

Mar 2022$23.7B

Jun 2022$27.3B

Sep 2022$24.7B

Dec 2022$25.9B

Mar 2023$24.1B

Jun 2023$25.2B

Sep 2023$21.7B

Dec 2023$23.0B

Mar 2024$21.8B

Jun 2024$22.2B

Sep 2024$19.9B

Dec 2024$21.5B

Mar 2025$20.2B

Jun 2025$21.2B

Sep 2025$20.4B

Dec 2025$18.6B

Mar 2026$20.5B

Jun 2026—

BrasilAgro - Companhia Brasileira de Propriedades Agrícolas · LND

Sep 2021$378M

Dec 2021$666M

Mar 2022$176M

Jun 2022$420M

Sep 2022$316M

Dec 2022$157M

Mar 2023$191M

Jun 2023$632M

Sep 2023$265M

Dec 2023$147M

Mar 2024$122M

Jun 2024$552M

Sep 2024$457M

Dec 2024$153M

Mar 2025$225M

Jun 2025$363M

Sep 2025$303M

Dec 2025$191M

Mar 2026$165M

Jun 2026—

Bunge Global SA · BG

Sep 2021$14.1B

Dec 2021$16.7B

Mar 2022$15.9B

Jun 2022$17.9B

Sep 2022$16.8B

Dec 2022$16.7B

Mar 2023$15.3B

Jun 2023$15.0B

Sep 2023$14.2B

Dec 2023$14.9B

Mar 2024$13.4B

Jun 2024$13.2B

Sep 2024$12.9B

Dec 2024$13.5B

Mar 2025$11.6B

Jun 2025$12.8B

Sep 2025$22.2B

Dec 2025$23.8B

Mar 2026$21.9B

Jun 2026—

Cal-Maine Foods, Inc. · CALM

Sep 2021$325M

Dec 2021$382M

Mar 2022$477M

Jun 2022$593M

Sep 2022$658M

Dec 2022$802M

Mar 2023$997M

Jun 2023$689M

Sep 2023$459M

Dec 2023$523M

Mar 2024$703M

Jun 2024$641M

Sep 2024$786M

Dec 2024$955M

Mar 2025$1.4B

Jun 2025$1.1B

Sep 2025$923M

Dec 2025$769M

Mar 2026$667M

Jun 2026—

Dole plc · DOLE

Sep 2021$1.9B

Dec 2021$2.3B

Mar 2022$2.0B

Jun 2022$2.1B

Sep 2022$2.0B

Dec 2022$2.0B

Mar 2023$2.0B

Jun 2023$2.1B

Sep 2023$2.0B

Dec 2023$2.1B

Mar 2024$2.1B

Jun 2024$2.1B

Sep 2024$2.1B

Dec 2024$2.2B

Mar 2025$2.1B

Jun 2025$2.4B

Sep 2025$2.3B

Dec 2025$2.4B

Mar 2026$2.3B

Jun 2026—

Forafric Global PLC · AFRI

Sep 2021—

Dec 2021$141M

Mar 2022—

Jun 2022$155M

Sep 2022—

Dec 2022$129M

Mar 2023—

Jun 2023$146M

Sep 2023—

Dec 2023$156M

Mar 2024—

Jun 2024$160M

Sep 2024—

Dec 2024$115M

Mar 2025—

Jun 2025$87M

Sep 2025—

Dec 2025$89M

Mar 2026—

Jun 2026—

Limoneira Company · LMNR

Sep 2021$49M

Dec 2021$33M

Mar 2022$39M

Jun 2022$47M

Sep 2022$59M

Dec 2022$40M

Mar 2023$38M

Jun 2023$48M

Sep 2023$52M

Dec 2023$41M

Mar 2024$40M

Jun 2024$45M

Sep 2024$63M

Dec 2024$44M

Mar 2025$34M

Jun 2025$35M

Sep 2025$47M

Dec 2025$43M

Mar 2026$18M

Jun 2026$24M

Tyson Foods, Inc. · TSN

Sep 2021$12.5B

Dec 2021$12.8B

Mar 2022$12.9B

Jun 2022$13.1B

Sep 2022$13.5B

Dec 2022$13.7B

Mar 2023—

Jun 2023$13.1B

Sep 2023$13.1B

Dec 2023$13.3B

Mar 2024$13.1B

Jun 2024$13.4B

Sep 2024$13.6B

Dec 2024$13.6B

Mar 2025$13.1B

Jun 2025$13.9B

Sep 2025$13.9B

Dec 2025$14.3B

Mar 2026$13.7B

Jun 2026—

Village Farms International, Inc. · VFF

Sep 2021$72M

Dec 2021$73M

Mar 2022$70M

Jun 2022$83M

Sep 2022$71M

Dec 2022$69M

Mar 2023$65M

Jun 2023$77M

Sep 2023$70M

Dec 2023$74M

Mar 2024$78M

Jun 2024$54M

Sep 2024$55M

Dec 2024$45M

Mar 2025$40M

Jun 2025$60M

Sep 2025$67M

Dec 2025$50M

Mar 2026$50M

Jun 2026—

Vital Farms, Inc. · VITL

Sep 2021$65M

Dec 2021$77M

Mar 2022$77M

Jun 2022$83M

Sep 2022$92M

Dec 2022$110M

Mar 2023$119M

Jun 2023$106M

Sep 2023$110M

Dec 2023$136M

Mar 2024$148M

Jun 2024$147M

Sep 2024$145M

Dec 2024$166M

Mar 2025$162M

Jun 2025$185M

Sep 2025$199M

Dec 2025$214M

Mar 2026$187M

Jun 2026—

Revenue growth · reported quarter history

Adecoagro S.A. · AGRO

Sep 2021—

Dec 2021—

Mar 2022—

Jun 202229%

Sep 20228.6%

Dec 2022-90%

Mar 20235.9%

Jun 20234.1%

Sep 2023-4.2%

Dec 2023561%

Mar 20242.9%

Jun 20244.4%

Sep 202417%

Dec 202463%

Mar 202511%

Jun 2025-13%

Sep 2025-26%

Dec 202512%

Mar 202620%

Jun 2026—

Alico, Inc. · ALCO

Sep 2021—

Dec 2021—

Mar 2022—

Jun 2022-26%

Sep 2022-75%

Dec 2022-27%

Mar 2023-58%

Jun 2023-73%

Sep 20230.0%

Dec 202327%

Mar 2024-14%

Jun 2024100%

Sep 20240.0%

Dec 202421%

Mar 20250.0%

Jun 2025-43%

Sep 20250.0%

Dec 2025-88%

Mar 2026-72%

Jun 2026—

Archer-Daniels-Midland Company · ADM

Sep 2021—

Dec 2021—

Mar 2022—

Jun 202219%

Sep 202221%

Dec 202212%

Mar 20231.8%

Jun 2023-7.7%

Sep 2023-12%

Dec 2023-11%

Mar 2024-9.2%

Jun 2024-12%

Sep 2024-8.1%

Dec 2024-6.4%

Mar 2025-7.7%

Jun 2025-4.9%

Sep 20252.2%

Dec 2025-14%

Mar 20261.6%

Jun 2026—

BrasilAgro - Companhia Brasileira de Propriedades Agrícolas · LND

Sep 2021—

Dec 2021—

Mar 2022—

Jun 20221.2%

Sep 2022-16%

Dec 2022-76%

Mar 20238.5%

Jun 202350%

Sep 2023-16%

Dec 2023-6.4%

Mar 2024-36%

Jun 2024-13%

Sep 202472%

Dec 20244.1%

Mar 202584%

Jun 2025-34%

Sep 2025-34%

Dec 202525%

Mar 2026-27%

Jun 2026—

Bunge Global SA · BG

Sep 2021—

Dec 2021—

Mar 2022—

Jun 202217%

Sep 202219%

Dec 2022-0.1%

Mar 2023-3.5%

Jun 2023-16%

Sep 2023-15%

Dec 2023-10%

Mar 2024-12%

Jun 2024-12%

Sep 2024-9.3%

Dec 2024-9.3%

Mar 2025-13%

Jun 2025-3.6%

Sep 202572%

Dec 202575%

Mar 202688%

Jun 2026—

Cal-Maine Foods, Inc. · CALM

Sep 2021—

Dec 2021—

Mar 2022—

Jun 202269%

Sep 2022102%

Dec 2022110%

Mar 2023109%

Jun 202316%

Sep 2023-30%

Dec 2023-35%

Mar 2024-29%

Jun 2024-7.0%

Sep 202471%

Dec 202483%

Mar 2025102%

Jun 202572%

Sep 202517%

Dec 2025-19%

Mar 2026-53%

Jun 2026—

Dole plc · DOLE

Sep 2021—

Dec 2021—

Mar 2022—

Jun 202270%

Sep 20221.0%

Dec 2022-9.2%

Mar 20231.0%

Jun 20234.4%

Sep 20234.2%

Dec 20231.4%

Mar 20246.6%

Jun 2024-0.8%

Sep 20240.9%

Dec 20244.6%

Mar 2025-1.0%

Jun 202514%

Sep 202511%

Dec 20259.2%

Mar 202612%

Jun 2026—

Forafric Global PLC · AFRI

Sep 2021—

Dec 2021—

Mar 2022—

Jun 202228%

Sep 2022—

Dec 2022-8.5%

Mar 2023—

Jun 2023-5.8%

Sep 2023—

Dec 202321%

Mar 2024—

Jun 20249.6%

Sep 2024—

Dec 2024-26%

Mar 2025—

Jun 2025-46%

Sep 2025—

Dec 2025-23%

Mar 2026—

Jun 2026—

Limoneira Company · LMNR

Sep 2021—

Dec 2021—

Mar 2022—

Jun 2022—

Sep 202220%

Dec 202221%

Mar 2023-2.6%

Jun 20232.1%

Sep 2023-12%

Dec 20232.5%

Mar 20245.3%

Jun 2024-6.3%

Sep 202421%

Dec 20247.3%

Mar 2025-15%

Jun 2025-22%

Sep 2025-25%

Dec 2025-2.3%

Mar 2026-47%

Jun 2026-31%

Tyson Foods, Inc. · TSN

Sep 2021—

Dec 2021—

Mar 2022—

Jun 2022—

Sep 20228.2%

Dec 20227.2%

Mar 2023—

Jun 20230.1%

Sep 2023-2.6%

Dec 2023-3.0%

Mar 2024—

Jun 20241.7%

Sep 20243.2%

Dec 20242.3%

Mar 20250.0%

Jun 20254.0%

Sep 20252.2%

Dec 20255.1%

Mar 20264.4%

Jun 2026—

Village Farms International, Inc. · VFF

Sep 2021—

Dec 2021—

Mar 2022—

Jun 202219%

Sep 2022-1.4%

Dec 2022-5.5%

Mar 2023-7.1%

Jun 2023-7.2%

Sep 2023-1.4%

Dec 20237.3%

Mar 202420%

Jun 2024-30%

Sep 2024-21%

Dec 2024-39%

Mar 2025-49%

Jun 202511%

Sep 202522%

Dec 202511%

Mar 202625%

Jun 2026—

Vital Farms, Inc. · VITL

Sep 2021—

Dec 2021—

Mar 2022—

Jun 202238%

Sep 202242%

Dec 202243%

Mar 202355%

Jun 202328%

Sep 202320%

Dec 202324%

Mar 202424%

Jun 202439%

Sep 202432%

Dec 202422%

Mar 20259.5%

Jun 202526%

Sep 202537%

Dec 202529%

Mar 202615%

Jun 2026—

06 · compare level, then change

Operating Economics & Margin Trend

Village Farms International, Inc. has the highest OPM among the 12 Farm Products companies compared here, at 73.5%. Adecoagro S.A. is next at 5.4%. Alico, Inc. has the highest Margin change at +704.9 percentage points, so level and change sit with different companies. 11 of 12 companies report a comparable reading, the latest through Mar 2026.

What the numbers say: Village Farms International, Inc. leads opm at 73.5%; Alico, Inc. leads margin change at +704.9 percentage points.

LeaderVillage Farms International, Inc. · 73.5%

Gap13.6× versus #2 · Adecoagro S.A.

Persistence6/8 recent comparable periods

Coverage11/12 companies · 206 observations

Investor read: Village Farms International, Inc. sets the level benchmark; use the change leader as an inflection watch only after another comparable report confirms it.

This conclusion weakens if: The next two comparable reports reverse the current margin change signal.

Operating margin compares operating profit with revenue. Improvement is measured in percentage points, not percentage growth.

OPMhighest

1Village Farms International, Inc. VFF74%

2Adecoagro S.A. AGRO5.4%

3Cal-Maine Foods, Inc. CALM5.4%

4Tyson Foods, Inc. TSN3.2%

5Dole plc DOLE2.6%

Margin changefastest expanders

1Alico, Inc. ALCO+704.9 pp

2Adecoagro S.A. AGRO+4.4 pp

3Tyson Foods, Inc. TSN+2.4 pp

4Village Farms International, Inc. VFF+0.9 pp

5Archer-Daniels-Midland Company ADM+0.5 pp

Operating margin · company comparison

11/12 level · 11/12 change

All-company data · latest reported quarter

Company	OPM	Margin change	Reported
Village Farms International, Inc. VFF	74%	+0.9 pp	Mar 2026
Cal-Maine Foods, Inc. CALM	5.4%	−39.4 pp	Jun 2026
Adecoagro S.A. AGRO	5.4%	+4.4 pp	Mar 2026
Tyson Foods, Inc. TSN	3.2%	+2.4 pp	Mar 2026
Dole plc DOLE	2.6%	−0.6 pp	Mar 2026
Archer-Daniels-Midland Company ADM	1.6%	+0.5 pp	Mar 2026
Bunge Global SA BG	1.1%	−0.8 pp	Jun 2026
Vital Farms, Inc. VITL	-1.2%	−14.6 pp	Mar 2026
BrasilAgro - Companhia Brasileira de Propriedades Agrícolas LND	-5.1%	−16.8 pp	Mar 2026
Limoneira Company LMNR	-91%	−81.2 pp	Jun 2026
Alico, Inc. ALCO	-147%	+704.9 pp	Mar 2026

Full 20-quarter history · every available company

OPM · reported quarter history

Adecoagro S.A. · AGRO

Sep 202125%

Dec 202111%

Mar 202222%

Jun 202218%

Sep 202215%

Dec 2022-73%

Mar 202318%

Jun 202318%

Sep 202317%

Dec 20232.5%

Mar 202413%

Jun 202415%

Sep 20246.2%

Dec 202412%

Mar 20251.0%

Jun 20251.4%

Sep 202516%

Dec 20256.5%

Mar 20265.4%

Jun 2026—

Alico, Inc. · ALCO

Sep 2021-65%

Dec 2021-5.0%

Mar 20222.9%

Jun 2022-4.8%

Sep 2022—

Dec 2022-60%

Mar 2023-42%

Jun 2023173%

Sep 2023-215%

Dec 2023-125%

Mar 2024-113%

Jun 2024-49%

Sep 2024—

Dec 2024-64%

Mar 2025-851%

Jun 2025-369%

Sep 2025—

Dec 2025-453%

Mar 2026-147%

Jun 2026—

Archer-Daniels-Midland Company · ADM

Sep 20212.9%

Dec 20214.0%

Mar 20224.7%

Jun 20225.0%

Sep 20224.2%

Dec 20223.9%

Mar 20235.1%

Jun 20234.0%

Sep 20234.4%

Dec 20233.0%

Mar 20243.3%

Jun 20242.2%

Sep 20240.1%

Dec 20242.6%

Mar 20251.1%

Jun 20251.8%

Sep 20251.1%

Dec 20251.5%

Mar 20261.6%

Jun 2026—

BrasilAgro - Companhia Brasileira de Propriedades Agrícolas · LND

Sep 202135%

Dec 202160%

Mar 2022113%

Jun 202211%

Sep 202211%

Dec 202222%

Mar 202335%

Jun 202344%

Sep 20236.5%

Dec 20231.0%

Mar 202415%

Jun 202451%

Sep 202430%

Dec 202442%

Mar 202512%

Jun 202523%

Sep 2025-1.9%

Dec 20258.8%

Mar 2026-5.1%

Jun 2026—

Bunge Global SA · BG

Sep 20213.8%

Dec 20212.1%

Mar 20225.6%

Jun 20222.4%

Sep 20223.3%

Dec 20222.6%

Mar 20235.4%

Jun 20236.3%

Sep 20234.2%

Dec 20235.1%

Mar 20243.3%

Jun 20241.6%

Sep 20242.6%

Dec 20244.7%

Mar 20251.9%

Jun 20252.5%

Sep 20251.7%

Dec 20251.6%

Mar 20261.1%

Jun 2026—

Cal-Maine Foods, Inc. · CALM

Sep 2021-12%

Dec 2021-0.5%

Mar 20228.3%

Jun 202225%

Sep 202225%

Dec 202232%

Mar 202341%

Jun 202320%

Sep 2023-1.5%

Dec 20232.7%

Mar 202423%

Jun 202422%

Sep 202424%

Dec 202429%

Mar 202545%

Jun 202540%

Sep 202527%

Dec 202516%

Mar 20265.4%

Jun 2026—

Dole plc · DOLE

Sep 2021-1.4%

Dec 2021-1.9%

Mar 20222.2%

Jun 20223.1%

Sep 20221.5%

Dec 20222.0%

Mar 20233.1%

Jun 20234.3%

Sep 20233.8%

Dec 20232.0%

Mar 20245.3%

Jun 20244.0%

Sep 20242.3%

Dec 20241.6%

Mar 20253.2%

Jun 20254.3%

Sep 20251.1%

Dec 20251.2%

Mar 20262.6%

Jun 2026—

Limoneira Company · LMNR

Sep 20216.9%

Dec 2021-19%

Mar 2022-24%

Jun 20225.5%

Sep 202219%

Dec 2022-4.8%

Mar 202368%

Jun 2023-8.0%

Sep 2023-3.0%

Dec 2023-23%

Mar 2024-20%

Jun 2024-11%

Sep 202414%

Dec 2024-6.3%

Mar 2025-16%

Jun 2025-9.5%

Sep 2025-1.3%

Dec 2025-26%

Mar 2026-58%

Jun 2026-91%

Tyson Foods, Inc. · TSN

Sep 20218.5%

Dec 202115%

Mar 202211%

Jun 20228.8%

Sep 20227.7%

Dec 20225.6%

Mar 2023—

Jun 2023-0.4%

Sep 2023-2.7%

Dec 20231.7%

Mar 20242.4%

Jun 20242.6%

Sep 20243.9%

Dec 20244.3%

Mar 20250.8%

Jun 20251.9%

Sep 20251.1%

Dec 20252.1%

Mar 20263.2%

Jun 2026—

Village Farms International, Inc. · VFF

Sep 20213.9%

Dec 20212.3%

Mar 2022-11%

Jun 2022-51%

Sep 2022-13%

Dec 2022-41%

Mar 2023-7.9%

Jun 2023-6.8%

Sep 2023-1.7%

Dec 2023-27%

Mar 2024-1.1%

Jun 2024-29%

Sep 2024-1.7%

Dec 2024-19%

Mar 202573%

Jun 202512%

Sep 202525%

Dec 20259.2%

Mar 202674%

Jun 2026—

Vital Farms, Inc. · VITL

Sep 2021-2.8%

Dec 2021-5.5%

Mar 2022-5.3%

Jun 20220.9%

Sep 20222.2%

Dec 20223.1%

Mar 20239.1%

Jun 20237.6%

Sep 20234.7%

Dec 20236.7%

Mar 202416%

Jun 202412%

Sep 20246.4%

Dec 20247.8%

Mar 202513%

Jun 202513%

Sep 202511%

Dec 202510%

Mar 2026-1.2%

Jun 2026—

Margin change · reported quarter history

Adecoagro S.A. · AGRO

Sep 2021—

Dec 2021—

Mar 2022—

Jun 2022+0.6 pp

Sep 2022−10.3 pp

Dec 2022−84.5 pp

Mar 2023−3.5 pp

Jun 2023+0.7 pp

Sep 2023+1.7 pp

Dec 2023+75.7 pp

Mar 2024−5.6 pp

Jun 2024−3.8 pp

Sep 2024−10.4 pp

Dec 2024+9.8 pp

Mar 2025−11.6 pp

Jun 2025−13.1 pp

Sep 2025+9.9 pp

Dec 2025−5.8 pp

Mar 2026+4.4 pp

Jun 2026—

Alico, Inc. · ALCO

Sep 2021—

Dec 2021—

Mar 2022—

Jun 2022−23.7 pp

Sep 2022−2,290.6 pp

Dec 2022−54.6 pp

Mar 2023−45.1 pp

Jun 2023+177.4 pp

Sep 2023+2,140.3 pp

Dec 2023−65.7 pp

Mar 2024−70.9 pp

Jun 2024−222.0 pp

Sep 2024−2,214.6 pp

Dec 2024+61.2 pp

Mar 2025−738.3 pp

Jun 2025−319.2 pp

Sep 2025+1,299.1 pp

Dec 2025−389.3 pp

Mar 2026+704.9 pp

Jun 2026—

Archer-Daniels-Midland Company · ADM

Sep 2021—

Dec 2021—

Mar 2022—

Jun 2022+2.2 pp

Sep 2022+1.3 pp

Dec 2022−0.1 pp

Mar 2023+0.4 pp

Jun 2023−1.0 pp

Sep 2023+0.2 pp

Dec 2023−0.9 pp

Mar 2024−1.8 pp

Jun 2024−1.8 pp

Sep 2024−4.3 pp

Dec 2024−0.4 pp

Mar 2025−2.2 pp

Jun 2025−0.4 pp

Sep 2025+1.0 pp

Dec 2025−1.1 pp

Mar 2026+0.5 pp

Jun 2026—

BrasilAgro - Companhia Brasileira de Propriedades Agrícolas · LND

Sep 2021—

Dec 2021—

Mar 2022—

Jun 2022−17.5 pp

Sep 2022−24.4 pp

Dec 2022−37.7 pp

Mar 2023−77.3 pp

Jun 2023+32.1 pp

Sep 2023−4.3 pp

Dec 2023−20.9 pp

Mar 2024−20.5 pp

Jun 2024+7.2 pp

Sep 2024+23.0 pp

Dec 2024+41.3 pp

Mar 2025−3.2 pp

Jun 2025−27.6 pp

Sep 2025−31.4 pp

Dec 2025−33.5 pp

Mar 2026−16.8 pp

Jun 2026—

Bunge Global SA · BG

Sep 2021—

Dec 2021—

Mar 2022—

Jun 20220.0 pp

Sep 2022−0.5 pp

Dec 2022+0.5 pp

Mar 2023−0.2 pp

Jun 2023+3.9 pp

Sep 2023+0.9 pp

Dec 2023+2.5 pp

Mar 2024−2.1 pp

Jun 2024−4.7 pp

Sep 2024−1.6 pp

Dec 2024−0.4 pp

Mar 2025−1.4 pp

Jun 2025+0.9 pp

Sep 2025−0.9 pp

Dec 2025−3.1 pp

Mar 2026−0.8 pp

Jun 2026—

Cal-Maine Foods, Inc. · CALM

Sep 2021—

Dec 2021—

Mar 2022—

Jun 2022+28.3 pp

Sep 2022+37.1 pp

Dec 2022+32.9 pp

Mar 2023+32.6 pp

Jun 2023−4.8 pp

Sep 2023−26.4 pp

Dec 2023−29.7 pp

Mar 2024−17.7 pp

Jun 2024+2.4 pp

Sep 2024+25.3 pp

Dec 2024+26.4 pp

Mar 2025+21.6 pp

Jun 2025+17.3 pp

Sep 2025+3.2 pp

Dec 2025−13.0 pp

Mar 2026−39.4 pp

Jun 2026—

Dole plc · DOLE

Sep 2021—

Dec 2021—

Mar 2022—

Jun 2022+1.3 pp

Sep 2022+2.9 pp

Dec 2022+3.9 pp

Mar 2023+0.9 pp

Jun 2023+1.2 pp

Sep 2023+2.3 pp

Dec 20230.0 pp

Mar 2024+2.2 pp

Jun 2024−0.3 pp

Sep 2024−1.5 pp

Dec 2024−0.4 pp

Mar 2025−2.1 pp

Jun 2025+0.3 pp

Sep 2025−1.2 pp

Dec 2025−0.4 pp

Mar 2026−0.6 pp

Jun 2026—

Limoneira Company · LMNR

Sep 2021—

Dec 2021—

Mar 2022—

Jun 2022—

Sep 2022+11.9 pp

Dec 2022+14.5 pp

Mar 2023+92.6 pp

Jun 2023−13.5 pp

Sep 2023−21.8 pp

Dec 2023−18.6 pp

Mar 2024−87.8 pp

Jun 2024−2.5 pp

Sep 2024+17.2 pp

Dec 2024+17.1 pp

Mar 2025+3.9 pp

Jun 2025+1.0 pp

Sep 2025−15.5 pp

Dec 2025−19.6 pp

Mar 2026−42.4 pp

Jun 2026−81.2 pp

Tyson Foods, Inc. · TSN

Sep 2021—

Dec 2021—

Mar 2022—

Jun 2022—

Sep 2022−0.8 pp

Dec 2022−9.3 pp

Mar 2023—

Jun 2023−9.2 pp

Sep 2023−10.4 pp

Dec 2023−3.9 pp

Mar 2024—

Jun 2024+3.0 pp

Sep 2024+6.6 pp

Dec 2024+2.6 pp

Mar 2025−1.6 pp

Jun 2025−0.7 pp

Sep 2025−2.8 pp

Dec 2025−2.2 pp

Mar 2026+2.4 pp

Jun 2026—

Village Farms International, Inc. · VFF

Sep 2021—

Dec 2021—

Mar 2022—

Jun 2022−43.3 pp

Sep 2022−17.2 pp

Dec 2022−43.5 pp

Mar 2023+3.5 pp

Jun 2023+44.6 pp

Sep 2023+11.6 pp

Dec 2023+14.2 pp

Mar 2024+6.8 pp

Jun 2024−21.9 pp

Sep 20240.0 pp

Dec 2024+8.1 pp

Mar 2025+73.7 pp

Jun 2025+40.3 pp

Sep 2025+26.2 pp

Dec 2025+28.1 pp

Mar 2026+0.9 pp

Jun 2026—

Vital Farms, Inc. · VITL

Sep 2021—

Dec 2021—

Mar 2022—

Jun 2022−4.1 pp

Sep 2022+5.0 pp

Dec 2022+8.6 pp

Mar 2023+14.4 pp

Jun 2023+6.7 pp

Sep 2023+2.5 pp

Dec 2023+3.6 pp

Mar 2024+7.2 pp

Jun 2024+4.0 pp

Sep 2024+1.7 pp

Dec 2024+1.1 pp

Mar 2025−2.9 pp

Jun 2025+1.3 pp

Sep 2025+4.4 pp

Dec 2025+2.2 pp

Mar 2026−14.6 pp

Jun 2026—

07 · compare level, then change

Profit Scale & Acceleration

Archer-Daniels-Midland Company has the highest Net profit among the 12 Farm Products companies compared here, at $1,084 million. Tyson Foods, Inc. is next at $481 million. Vital Farms, Inc. has the highest Profit growth at -7.8%, so level and change sit with different companies. 9 of 12 companies report a comparable reading, the latest through Mar 2026.

What the numbers say: Archer-Daniels-Midland Company leads with $1,084 million of TTM profit, 125.4% above Tyson Foods, Inc.. Vital Farms, Inc. shows -7.8% growth from a $47 million profit base. Compare the size of the base and persistence before ranking acceleration above profit scale.

LeaderArcher-Daniels-Midland Company · $1,084 million

Gap125.4% versus #2 · Tyson Foods, Inc.

Persistence3/8 recent comparable periods

Coverage9/12 companies · 218 observations

Investor read: Archer-Daniels-Midland Company sets the level benchmark; use the change leader as an inflection watch only after another comparable report confirms it.

This conclusion weakens if: The next two comparable reports reverse the current profit growth signal.

Net profit is the residual after operating costs, interest and tax. Growth off a loss or near-zero base is excluded from the fastest-grower rank.

Net profitlargest

1Archer-Daniels-Midland Company ADM$1.1B

2Tyson Foods, Inc. TSN$481M

3Dole plc DOLE$97M

4Vital Farms, Inc. VITL$47M

5Village Farms International, Inc. VFF$26M

Profit growthfastest growers

1Vital Farms, Inc. VITL-7.8%

2Archer-Daniels-Midland Company ADM-20%

3Dole plc DOLE-25%

4Tyson Foods, Inc. TSN-49%

5Adecoagro S.A. AGRO-72%

Net profit · company comparison

9/12 level · 5/12 change

All-company data · latest reported quarter

Company	Net profit	Profit growth	Reported
Archer-Daniels-Midland Company ADM	$303M	3.8%	Mar 2026
Tyson Foods, Inc. TSN	$264M	1,786%	Mar 2026
Bunge Global SA BG	$75M	-63%	Jun 2026
Cal-Maine Foods, Inc. CALM	$51M	-90%	Jun 2026
Adecoagro S.A. AGRO	$44M	132%	Mar 2026
Dole plc DOLE	$36M	0.0%	Mar 2026
Alico, Inc. ALCO	$11M	-121%	Mar 2026
Village Farms International, Inc. VFF	$3M	-2,550%	Mar 2026
Vital Farms, Inc. VITL	$-2M	-112%	Mar 2026
Forafric Global PLC AFRI	$-3M	—	Dec 2025
BrasilAgro - Companhia Brasileira de Propriedades Agrícolas LND	$-14M	-166%	Mar 2026
Limoneira Company LMNR	$-22M	-117%	Jun 2026

Full 20-quarter history · every available company

Net profit · reported quarter history

Adecoagro S.A. · AGRO

Sep 2021$37M

Dec 2021$59M

Mar 2022$65M

Jun 2022$18M

Sep 2022$23M

Dec 2022$3M

Mar 2023$23M

Jun 2023$46M

Sep 2023$75M

Dec 2023$82M

Mar 2024$47M

Jun 2024$10M

Sep 2024$19M

Dec 2024$16M

Mar 2025$19M

Jun 2025$-17M

Sep 2025$6M

Dec 2025$-15M

Mar 2026$44M

Jun 2026—

Alico, Inc. · ALCO

Sep 2021$-1M

Dec 2021$10M

Mar 2022$21M

Jun 2022$3M

Sep 2022$-21M

Dec 2022$-3M

Mar 2023$-8M

Jun 2023$12M

Sep 2023$1M

Dec 2023$42M

Mar 2024$-16M

Jun 2024$-2M

Sep 2024$-18M

Dec 2024$-9M

Mar 2025$-111M

Jun 2025$-18M

Sep 2025$-9M

Dec 2025$-4M

Mar 2026$11M

Jun 2026—

Archer-Daniels-Midland Company · ADM

Sep 2021$533M

Dec 2021$797M

Mar 2022$1.1B

Jun 2022$1.2B

Sep 2022$1.0B

Dec 2022$1.0B

Mar 2023$1.2B

Jun 2023$928M

Sep 2023$824M

Dec 2023$542M

Mar 2024$719M

Jun 2024$481M

Sep 2024$18M

Dec 2024$561M

Mar 2025$292M

Jun 2025$217M

Sep 2025$110M

Dec 2025$454M

Mar 2026$303M

Jun 2026—

BrasilAgro - Companhia Brasileira de Propriedades Agrícolas · LND

Sep 2021$108M

Dec 2021$299M

Mar 2022$82M

Jun 2022$31M

Sep 2022$42M

Dec 2022$-13M

Mar 2023$-3M

Jun 2023$243M

Sep 2023$30M

Dec 2023$-6M

Mar 2024$-30M

Jun 2024$233M

Sep 2024$97M

Dec 2024$-20M

Mar 2025$-1M

Jun 2025$61M

Sep 2025$-64M

Dec 2025$3M

Mar 2026$-14M

Jun 2026—

Bunge Global SA · BG

Sep 2021$649M

Dec 2021$232M

Mar 2022$696M

Jun 2022$225M

Sep 2022$383M

Dec 2022$374M

Mar 2023$659M

Jun 2023$629M

Sep 2023$389M

Dec 2023$660M

Mar 2024$252M

Jun 2024$73M

Sep 2024$466M

Dec 2024$1.3B

Mar 2025$204M

Jun 2025$370M

Sep 2025$365M

Dec 2025$176M

Mar 2026$75M

Jun 2026—

Cal-Maine Foods, Inc. · CALM

Sep 2021$-18M

Dec 2021$1M

Mar 2022$39M

Jun 2022$111M

Sep 2022$125M

Dec 2022$198M

Mar 2023$323M

Jun 2023$103M

Sep 2023$0M

Dec 2023$17M

Mar 2024$146M

Jun 2024$102M

Sep 2024$150M

Dec 2024$218M

Mar 2025$508M

Jun 2025$320M

Sep 2025$199M

Dec 2025$103M

Mar 2026$51M

Jun 2026—

Dole plc · DOLE

Sep 2021$-25M

Dec 2021$-34M

Mar 2022$28M

Jun 2022$56M

Sep 2022$58M

Dec 2022$19M

Mar 2023$34M

Jun 2023$59M

Sep 2023$50M

Dec 2023$19M

Mar 2024$70M

Jun 2024$51M

Sep 2024$13M

Dec 2024$30M

Mar 2025$36M

Jun 2025$44M

Sep 2025$18M

Dec 2025$-1M

Mar 2026$36M

Jun 2026—

Forafric Global PLC · AFRI

Sep 2021—

Dec 2021$-8M

Mar 2022—

Jun 2022$-8M

Sep 2022—

Dec 2022$-19M

Mar 2023—

Jun 2023$-9M

Sep 2023—

Dec 2023$-7M

Mar 2024—

Jun 2024$-12M

Sep 2024—

Dec 2024$-11M

Mar 2025—

Jun 2025$-10M

Sep 2025—

Dec 2025$-3M

Mar 2026—

Jun 2026—

Limoneira Company · LMNR

Sep 2021$3M

Dec 2021$-5M

Mar 2022$-7M

Jun 2022$2M

Sep 2022$7M

Dec 2022$-3M

Mar 2023$16M

Jun 2023$-2M

Sep 2023$-1M

Dec 2023$-4M

Mar 2024$-4M

Jun 2024$7M

Sep 2024$6M

Dec 2024$-2M

Mar 2025$-3M

Jun 2025$-3M

Sep 2025$-1M

Dec 2025$-9M

Mar 2026$-9M

Jun 2026$-22M

Tyson Foods, Inc. · TSN

Sep 2021$753M

Dec 2021$1.4B

Mar 2022$1.1B

Jun 2022$833M

Sep 2022$753M

Dec 2022$537M

Mar 2023—

Jun 2023$-91M

Sep 2023$-435M

Dec 2023$114M

Mar 2024$148M

Jun 2024$196M

Sep 2024$364M

Dec 2024$366M

Mar 2025$14M

Jun 2025$69M

Sep 2025$58M

Dec 2025$90M

Mar 2026$264M

Jun 2026—

Village Farms International, Inc. · VFF

Sep 2021$1M

Dec 2021$2M

Mar 2022$-7M

Jun 2022$-34M

Sep 2022$-9M

Dec 2022$-49M

Mar 2023$-7M

Jun 2023$-1M

Sep 2023$-1M

Dec 2023$-23M

Mar 2024$-3M

Jun 2024$-17M

Sep 2024$-1M

Dec 2024$-6M

Mar 2025$-2M

Jun 2025$10M

Sep 2025$11M

Dec 2025$2M

Mar 2026$3M

Jun 2026—

Vital Farms, Inc. · VITL

Sep 2021$-1M

Dec 2021$-4M

Mar 2022$-2M

Jun 2022$0M

Sep 2022$1M

Dec 2022$2M

Mar 2023$7M

Jun 2023$7M

Sep 2023$5M

Dec 2023$7M

Mar 2024$19M

Jun 2024$16M

Sep 2024$7M

Dec 2024$11M

Mar 2025$17M

Jun 2025$17M

Sep 2025$16M

Dec 2025$16M

Mar 2026$-2M

Jun 2026—

Profit growth · reported quarter history

Adecoagro S.A. · AGRO

Sep 2021—

Dec 2021—

Mar 2022—

Jun 202213%

Sep 2022-38%

Dec 2022-95%

Mar 2023-65%

Jun 2023156%

Sep 2023226%

Dec 20232,633%

Mar 2024104%

Jun 2024-78%

Sep 2024-75%

Dec 2024-80%

Mar 2025-60%

Jun 2025-270%

Sep 2025-68%

Dec 2025-194%

Mar 2026132%

Jun 2026—

Alico, Inc. · ALCO

Sep 2021—

Dec 2021—

Mar 2022—

Jun 2022-89%

Sep 2022—

Dec 2022-130%

Mar 2023-138%

Jun 2023300%

Sep 2023—

Dec 2023—

Mar 2024—

Jun 2024-117%

Sep 2024-1,900%

Dec 2024-121%

Mar 2025—

Jun 2025—

Sep 2025—

Dec 2025—

Mar 2026—

Jun 2026—

Archer-Daniels-Midland Company · ADM

Sep 2021—

Dec 2021—

Mar 2022—

Jun 202274%

Sep 202295%

Dec 202228%

Mar 202310%

Jun 2023-25%

Sep 2023-21%

Dec 2023-47%

Mar 2024-39%

Jun 2024-48%

Sep 2024-98%

Dec 20243.5%

Mar 2025-59%

Jun 2025-55%

Sep 2025511%

Dec 2025-19%

Mar 20263.8%

Jun 2026—

BrasilAgro - Companhia Brasileira de Propriedades Agrícolas · LND

Sep 2021—

Dec 2021—

Mar 2022—

Jun 2022-76%

Sep 2022-61%

Dec 2022-104%

Mar 2023-104%

Jun 2023684%

Sep 2023-29%

Dec 2023—

Mar 2024—

Jun 2024-4.1%

Sep 2024223%

Dec 2024—

Mar 2025—

Jun 2025-74%

Sep 2025-166%

Dec 2025—

Mar 2026—

Jun 2026—

Bunge Global SA · BG

Sep 2021—

Dec 2021—

Mar 2022—

Jun 2022-39%

Sep 2022-41%

Dec 202261%

Mar 2023-5.3%

Jun 2023180%

Sep 20231.6%

Dec 202376%

Mar 2024-62%

Jun 2024-88%

Sep 202420%

Dec 202491%

Mar 2025-19%

Jun 2025407%

Sep 2025-22%

Dec 2025-86%

Mar 2026-63%

Jun 2026—

Cal-Maine Foods, Inc. · CALM

Sep 2021—

Dec 2021—

Mar 2022—

Jun 2022—

Sep 2022—

Dec 202219,700%

Mar 2023728%

Jun 2023-7.2%

Sep 2023-100%

Dec 2023-91%

Mar 2024-55%

Jun 2024-1.0%

Sep 2024—

Dec 20241,182%

Mar 2025248%

Jun 2025214%

Sep 202533%

Dec 2025-53%

Mar 2026-90%

Jun 2026—

Dole plc · DOLE

Sep 2021—

Dec 2021—

Mar 2022—

Jun 2022331%

Sep 2022—

Dec 2022—

Mar 202321%

Jun 20235.4%

Sep 2023-14%

Dec 20230.0%

Mar 2024106%

Jun 2024-14%

Sep 2024-74%

Dec 202458%

Mar 2025-49%

Jun 2025-14%

Sep 202538%

Dec 2025-103%

Mar 20260.0%

Jun 2026—

Limoneira Company · LMNR

Sep 2021—

Dec 2021—

Mar 2022—

Jun 2022—

Sep 2022133%

Dec 2022—

Mar 2023—

Jun 2023-200%

Sep 2023-114%

Dec 2023—

Mar 2024-125%

Jun 2024—

Sep 2024—

Dec 2024—

Mar 2025—

Jun 2025-143%

Sep 2025-117%

Dec 2025—

Mar 2026—

Jun 2026—

Tyson Foods, Inc. · TSN

Sep 2021—

Dec 2021—

Mar 2022—

Jun 2022—

Sep 20220.0%

Dec 2022-60%

Mar 2023—

Jun 2023-111%

Sep 2023-158%

Dec 2023-79%

Mar 2024—

Jun 2024—

Sep 2024—

Dec 2024221%

Mar 2025-91%

Jun 2025-65%

Sep 2025-84%

Dec 2025-75%

Mar 20261,786%

Jun 2026—

Village Farms International, Inc. · VFF

Sep 2021—

Dec 2021—

Mar 2022—

Jun 2022—

Sep 2022-1,000%

Dec 2022-2,550%

Mar 2023—

Jun 2023—

Sep 2023—

Dec 2023—

Mar 2024—

Jun 2024—

Sep 2024—

Dec 2024—

Mar 2025—

Jun 2025—

Sep 2025—

Dec 2025—

Mar 2026—

Jun 2026—

Vital Farms, Inc. · VITL

Sep 2021—

Dec 2021—

Mar 2022—

Jun 2022-100%

Sep 2022—

Dec 2022—

Mar 2023—

Jun 2023—

Sep 2023400%

Dec 2023250%

Mar 2024171%

Jun 2024129%

Sep 202440%

Dec 202457%

Mar 2025-11%

Jun 20256.3%

Sep 2025129%

Dec 202545%

Mar 2026-112%

Jun 2026—

08 · compare level, then change

Return On Capital Employed

Village Farms International, Inc. has the highest ROCE among the 12 Farm Products companies compared here, at 10.9%. Bunge Global SA is next at 4.3%. Alico, Inc. has the highest ROCE change at +44.9 percentage points, so level and change sit with different companies. 12 of 12 companies report a comparable reading, the latest through Mar 2026.

What the numbers say: Village Farms International, Inc. leads ROCE at 10.9%, 6.6 percentage points above Bunge Global SA. Alico, Inc. has the strongest latest improvement at +44.9 percentage points. Read the leader beside the density of its reported history: a sparse high return is a candidate; a repeated high return is evidence of durability.

LeaderVillage Farms International, Inc. · 10.9%

Gap153.5% versus #2 · Bunge Global SA

Persistence7/8 recent comparable periods

Coverage12/12 companies · 227 observations

Investor read: Village Farms International, Inc. sets the level benchmark; use the change leader as an inflection watch only after another comparable report confirms it.

This conclusion weakens if: The next two comparable reports reverse the current roce change signal.

ROCE asks how much operating return the business earns on the capital employed. Direction matters, but a single exceptional year should not be mistaken for durability.

ROCEhighest

1Village Farms International, Inc. VFF11%

2Bunge Global SA BG4.3%

3Dole plc DOLE2.1%

4Tyson Foods, Inc. TSN1.4%

5Archer-Daniels-Midland Company ADM1.0%

ROCE changefastest improvers

1Alico, Inc. ALCO+44.9 pp

2Forafric Global PLC AFRI · older report+3.3 pp

3Village Farms International, Inc. VFF+2.8 pp

4Bunge Global SA BG+1.4 pp

5Tyson Foods, Inc. TSN+1.1 pp

Return on capital · company comparison

12/12 level · 12/12 change

All-company data · latest reported quarter

Company	ROCE	ROCE change	Reported
Village Farms International, Inc. VFF	11%	+2.8 pp	Mar 2026
Bunge Global SA BG	4.3%	+1.4 pp	Jun 2026
Dole plc DOLE	2.1%	−0.3 pp	Mar 2026
Tyson Foods, Inc. TSN	1.4%	+1.1 pp	Mar 2026
Archer-Daniels-Midland Company ADM	1.0%	+0.3 pp	Mar 2026
Adecoagro S.A. AGRO	0.6%	+0.5 pp	Mar 2026
BrasilAgro - Companhia Brasileira de Propriedades Agrícolas LND	-0.3%	−1.2 pp	Mar 2026
Vital Farms, Inc. VITL	-0.7%	−8.9 pp	Mar 2026
Forafric Global PLC AFRI	-0.7%	+3.3 pp	Dec 2025
Cal-Maine Foods, Inc. CALM	-2.1%	−20.5 pp	Jun 2026
Alico, Inc. ALCO	-3.6%	+44.9 pp	Mar 2026
Limoneira Company LMNR	-8.1%	−6.9 pp	Jun 2026

Full 20-quarter history · every available company

ROCE · reported quarter history

Adecoagro S.A. · AGRO

Sep 20214.8%

Dec 20212.0%

Mar 20222.7%

Jun 20223.1%

Sep 20222.7%

Dec 2022-1.1%

Mar 20232.2%

Jun 20233.1%

Sep 20232.6%

Dec 20230.2%

Mar 20241.5%

Jun 20242.4%

Sep 20241.1%

Dec 20241.8%

Mar 20250.1%

Jun 20250.2%

Sep 20251.9%

Dec 20250.8%

Mar 20260.6%

Jun 2026—

Alico, Inc. · ALCO

Sep 2021-0.6%

Dec 2021-0.2%

Mar 20220.4%

Jun 2022-0.3%

Sep 2022-6.0%

Dec 2022-1.5%

Mar 2023-2.2%

Jun 20233.1%

Sep 2023-0.4%

Dec 2023-4.3%

Mar 2024-5.2%

Jun 2024-1.7%

Sep 2024-5.7%

Dec 2024-2.7%

Mar 2025-49%

Jun 2025-10%

Sep 2025-3.1%

Dec 2025-2.9%

Mar 2026-3.6%

Jun 2026—

Archer-Daniels-Midland Company · ADM

Sep 20211.8%

Dec 20212.8%

Mar 20223.2%

Jun 20223.9%

Sep 20223.0%

Dec 20222.9%

Mar 20233.4%

Jun 20232.8%

Sep 20232.6%

Dec 20231.9%

Mar 20242.0%

Jun 20241.4%

Sep 20240.0%

Dec 20241.6%

Mar 20250.7%

Jun 20251.1%

Sep 20250.7%

Dec 20250.8%

Mar 20261.0%

Jun 2026—

BrasilAgro - Companhia Brasileira de Propriedades Agrícolas · LND

Sep 20215.8%

Dec 202117%

Mar 20227.6%

Jun 20221.7%

Sep 20221.2%

Dec 20221.2%

Mar 20232.3%

Jun 20239.6%

Sep 20230.6%

Dec 20230.1%

Mar 20240.7%

Jun 20249.4%

Sep 20244.3%

Dec 20242.1%

Mar 20250.9%

Jun 20252.7%

Sep 2025-0.2%

Dec 20250.5%

Mar 2026-0.3%

Jun 2026—

Bunge Global SA · BG

Sep 20214.1%

Dec 20212.3%

Mar 20226.1%

Jun 20222.2%

Sep 20223.8%

Dec 20223.9%

Mar 20235.7%

Jun 20235.6%

Sep 20233.6%

Dec 20235.7%

Mar 20242.5%

Jun 20241.4%

Sep 20242.5%

Dec 20244.4%

Mar 20251.8%

Jun 20252.9%

Sep 20251.7%

Dec 20251.1%

Mar 20260.8%

Jun 20264.3%

Cal-Maine Foods, Inc. · CALM

Sep 2021-3.6%

Dec 2021-0.2%

Mar 20223.5%

Jun 202212%

Sep 202213%

Dec 202220%

Mar 202329%

Jun 20239.0%

Sep 2023-0.4%

Dec 20230.9%

Mar 20249.1%

Jun 20247.6%

Sep 20249.7%

Dec 202414%

Mar 202528%

Jun 202518%

Sep 202510%

Dec 20254.8%

Mar 20261.3%

Jun 2026-2.1%

Dole plc · DOLE

Sep 2021-1.2%

Dec 2021-1.9%

Mar 20221.9%

Jun 20222.9%

Sep 20220.9%

Dec 20221.3%

Mar 20232.0%

Jun 20233.0%

Sep 20232.6%

Dec 20231.4%

Mar 20243.9%

Jun 20243.0%

Sep 20241.7%

Dec 20241.2%

Mar 20252.4%

Jun 20253.5%

Sep 20250.8%

Dec 20251.0%

Mar 20262.1%

Jun 2026—

Forafric Global PLC · AFRI

Sep 2021-0.8%

Dec 2021-0.9%

Mar 20220.4%

Jun 20220.5%

Sep 2022-1.0%

Dec 2022-1.1%

Mar 2023-0.8%

Jun 2023-1.0%

Sep 20232.0%

Dec 20232.0%

Mar 2024-4.0%

Jun 2024-4.0%

Sep 2024-4.0%

Dec 2024-4.0%

Mar 2025-3.4%

Jun 2025-3.4%

Sep 2025-0.7%

Dec 2025-0.7%

Mar 2026—

Jun 2026—

Limoneira Company · LMNR

Sep 2021—

Dec 2021-1.8%

Mar 2022-2.7%

Jun 20220.7%

Sep 20223.1%

Dec 2022-0.5%

Mar 20238.1%

Jun 2023-1.2%

Sep 2023-0.5%

Dec 2023-3.2%

Mar 2024-2.8%

Jun 2024-1.7%

Sep 20243.3%

Dec 2024-1.0%

Mar 2025-2.0%

Jun 2025-1.2%

Sep 2025-0.2%

Dec 2025-4.1%

Mar 2026-3.8%

Jun 2026-8.1%

Tyson Foods, Inc. · TSN

Sep 2021—

Dec 20216.3%

Mar 20224.7%

Jun 20223.8%

Sep 20223.4%

Dec 20222.5%

Mar 2023—

Jun 2023-0.2%

Sep 2023-1.1%

Dec 20230.7%

Mar 20241.0%

Jun 20241.1%

Sep 20241.7%

Dec 20241.8%

Mar 20250.3%

Jun 20250.8%

Sep 20250.5%

Dec 20251.0%

Mar 20261.4%

Jun 2026—

Village Farms International, Inc. · VFF

Sep 20210.8%

Dec 20210.4%

Mar 2022-1.7%

Jun 2022-9.7%

Sep 2022-2.1%

Dec 2022-6.4%

Mar 2023-1.1%

Jun 2023-1.2%

Sep 2023-0.3%

Dec 2023-5.1%

Mar 2024-0.2%

Jun 2024-4.0%

Sep 2024-0.2%

Dec 2024-2.4%

Mar 20258.1%

Jun 20252.0%

Sep 20254.6%

Dec 20251.3%

Mar 202611%

Jun 2026—

Vital Farms, Inc. · VITL

Sep 2021-1.2%

Dec 2021-2.9%

Mar 2022-2.7%

Jun 20220.5%

Sep 20221.3%

Dec 20222.2%

Mar 20236.6%

Jun 20234.7%

Sep 20233.0%

Dec 20234.8%

Mar 202412%

Jun 20247.8%

Sep 20244.0%

Dec 20245.3%

Mar 20258.2%

Jun 20258.3%

Sep 20256.6%

Dec 20256.3%

Mar 2026-0.7%

Jun 2026—

ROCE change · reported quarter history

Adecoagro S.A. · AGRO

Sep 2021—

Dec 2021—

Mar 2022—

Jun 2022—

Sep 2022−2.1 pp

Dec 2022−3.1 pp

Mar 2023−0.5 pp

Jun 20230.0 pp

Sep 2023−0.1 pp

Dec 2023+1.3 pp

Mar 2024−0.7 pp

Jun 2024−0.7 pp

Sep 2024−1.5 pp

Dec 2024+1.6 pp

Mar 2025−1.4 pp

Jun 2025−2.2 pp

Sep 2025+0.8 pp

Dec 2025−1.0 pp

Mar 2026+0.5 pp

Jun 2026—

Alico, Inc. · ALCO

Sep 2021—

Dec 2021—

Mar 2022—

Jun 2022—

Sep 2022−5.4 pp

Dec 2022−1.3 pp

Mar 2023−2.6 pp

Jun 2023+3.4 pp

Sep 2023+5.6 pp

Dec 2023−2.8 pp

Mar 2024−3.0 pp

Jun 2024−4.8 pp

Sep 2024−5.3 pp

Dec 2024+1.6 pp

Mar 2025−43.3 pp

Jun 2025−8.6 pp

Sep 2025+2.6 pp

Dec 2025−0.2 pp

Mar 2026+44.9 pp

Jun 2026—

Archer-Daniels-Midland Company · ADM

Sep 2021—

Dec 2021—

Mar 2022—

Jun 2022—

Sep 2022+1.2 pp

Dec 2022+0.1 pp

Mar 2023+0.2 pp

Jun 2023−1.1 pp

Sep 2023−0.4 pp

Dec 2023−1.0 pp

Mar 2024−1.4 pp

Jun 2024−1.4 pp

Sep 2024−2.6 pp

Dec 2024−0.3 pp

Mar 2025−1.3 pp

Jun 2025−0.3 pp

Sep 2025+0.7 pp

Dec 2025−0.8 pp

Mar 2026+0.3 pp

Jun 2026—

BrasilAgro - Companhia Brasileira de Propriedades Agrícolas · LND

Sep 2021—

Dec 2021—

Mar 2022—

Jun 2022—

Sep 2022−4.6 pp

Dec 2022−15.6 pp

Mar 2023−5.3 pp

Jun 2023+7.9 pp

Sep 2023−0.6 pp

Dec 2023−1.1 pp

Mar 2024−1.6 pp

Jun 2024−0.2 pp

Sep 2024+3.7 pp

Dec 2024+2.0 pp

Mar 2025+0.2 pp

Jun 2025−6.7 pp

Sep 2025−4.5 pp

Dec 2025−1.6 pp

Mar 2026−1.2 pp

Jun 2026—

Bunge Global SA · BG

Sep 2021—

Dec 2021—

Mar 2022—

Jun 2022—

Sep 2022−0.3 pp

Dec 2022+1.6 pp

Mar 2023−0.4 pp

Jun 2023+3.4 pp

Sep 2023−0.2 pp

Dec 2023+1.8 pp

Mar 2024−3.2 pp

Jun 2024−4.2 pp

Sep 2024−1.1 pp

Dec 2024−1.3 pp

Mar 2025−0.7 pp

Jun 2025+1.5 pp

Sep 2025−0.8 pp

Dec 2025−3.3 pp

Mar 2026−1.0 pp

Jun 2026+1.4 pp

Cal-Maine Foods, Inc. · CALM

Sep 2021—

Dec 2021—

Mar 2022—

Jun 2022—

Sep 2022+17.0 pp

Dec 2022+20.4 pp

Mar 2023+25.2 pp

Jun 2023−3.2 pp

Sep 2023−13.8 pp

Dec 2023−19.3 pp

Mar 2024−19.6 pp

Jun 2024−1.4 pp

Sep 2024+10.1 pp

Dec 2024+12.9 pp

Mar 2025+19.2 pp

Jun 2025+10.8 pp

Sep 2025+0.3 pp

Dec 2025−9.0 pp

Mar 2026−27.0 pp

Jun 2026−20.5 pp

Dole plc · DOLE

Sep 2021—

Dec 2021—

Mar 2022—

Jun 2022—

Sep 2022+2.1 pp

Dec 2022+3.2 pp

Mar 2023+0.1 pp

Jun 2023+0.1 pp

Sep 2023+1.7 pp

Dec 2023+0.1 pp

Mar 2024+1.9 pp

Jun 20240.0 pp

Sep 2024−0.9 pp

Dec 2024−0.2 pp

Mar 2025−1.5 pp

Jun 2025+0.5 pp

Sep 2025−0.9 pp

Dec 2025−0.2 pp

Mar 2026−0.3 pp

Jun 2026—

Forafric Global PLC · AFRI

Sep 2021—

Dec 2021—

Mar 2022—

Jun 2022—

Sep 2022−0.2 pp

Dec 2022−0.2 pp

Mar 2023−1.2 pp

Jun 2023−1.5 pp

Sep 2023+3.0 pp

Dec 2023+3.1 pp

Mar 2024−3.2 pp

Jun 2024−3.0 pp

Sep 2024−6.0 pp

Dec 2024−6.0 pp

Mar 2025+0.6 pp

Jun 2025+0.6 pp

Sep 2025+3.3 pp

Dec 2025+3.3 pp

Mar 2026—

Jun 2026—

Limoneira Company · LMNR

Sep 2021—

Dec 2021—

Mar 2022—

Jun 2022—

Sep 2022—

Dec 2022+1.3 pp

Mar 2023+10.8 pp

Jun 2023−1.9 pp

Sep 2023−3.6 pp

Dec 2023−2.7 pp

Mar 2024−10.9 pp

Jun 2024−0.5 pp

Sep 2024+3.8 pp

Dec 2024+2.2 pp

Mar 2025+0.8 pp

Jun 2025+0.5 pp

Sep 2025−3.5 pp

Dec 2025−3.1 pp

Mar 2026−1.8 pp

Jun 2026−6.9 pp

Tyson Foods, Inc. · TSN

Sep 2021—

Dec 2021—

Mar 2022—

Jun 2022—

Sep 2022—

Dec 2022−3.8 pp

Mar 2023—

Jun 2023−4.0 pp

Sep 2023−4.5 pp

Dec 2023−1.8 pp

Mar 2024—

Jun 2024+1.3 pp

Sep 2024+2.8 pp

Dec 2024+1.1 pp

Mar 2025−0.7 pp

Jun 2025−0.3 pp

Sep 2025−1.2 pp

Dec 2025−0.8 pp

Mar 2026+1.1 pp

Jun 2026—

Village Farms International, Inc. · VFF

Sep 2021—

Dec 2021—

Mar 2022—

Jun 2022—

Sep 2022−2.9 pp

Dec 2022−6.8 pp

Mar 2023+0.6 pp

Jun 2023+8.5 pp

Sep 2023+1.8 pp

Dec 2023+1.3 pp

Mar 2024+0.9 pp

Jun 2024−2.8 pp

Sep 2024+0.1 pp

Dec 2024+2.7 pp

Mar 2025+8.3 pp

Jun 2025+6.0 pp

Sep 2025+4.8 pp

Dec 2025+3.7 pp

Mar 2026+2.8 pp

Jun 2026—

Vital Farms, Inc. · VITL

Sep 2021—

Dec 2021—

Mar 2022—

Jun 2022—

Sep 2022+2.5 pp

Dec 2022+5.1 pp

Mar 2023+9.3 pp

Jun 2023+4.2 pp

Sep 2023+1.7 pp

Dec 2023+2.6 pp

Mar 2024+5.3 pp

Jun 2024+3.1 pp

Sep 2024+1.0 pp

Dec 2024+0.5 pp

Mar 2025−3.7 pp

Jun 2025+0.5 pp

Sep 2025+2.6 pp

Dec 2025+1.0 pp

Mar 2026−8.9 pp

Jun 2026—

09 · compare level, then change

Valuation Against Growth & Quality

Dole plc has the lowest PEG among the 12 Farm Products companies compared here, at 0.22×. Archer-Daniels-Midland Company is next at 0.52×. Village Farms International, Inc. has the lowest P/E at 8.11×, so level and change sit with different companies. 4 of 12 companies report a comparable reading, the latest through Mar 2026.

What the numbers say: Dole plc has the lowest comparable PEG at 0.22×, 57.7% below Archer-Daniels-Midland Company. Only 4 of 12 companies have earnings and growth steady enough for the ratio to mean anything, so no broad “cheapest stock” conclusion is defensible unless the current multiple, own-history position and growth durability agree.

LeaderDole plc · 0.22×

Gap57.7% versus #2 · Archer-Daniels-Midland Company

Persistence0/8 recent comparable periods

Coverage4/12 companies · 16 observations

Investor read: Treat valuation as permission to investigate, never as a standalone reason to buy.

This conclusion weakens if: The next two comparable reports reverse the current p/e signal.

PEG is shown only when earnings are positive and three-year EPS growth is between 5% and 60%. It is recomputed consistently as the trailing P/E divided by that growth rate — reported earnings, never an expected-earnings multiple. On Indian companies it is shown only where the two data feeds agreed. Where any of that fails the ratio is left out rather than printed: a P/E divided by a loss, or by growth measured off a tiny base, is a number that looks precise and means nothing.

PEGlowest PEG

1Dole plc DOLE0.2

2Archer-Daniels-Midland Company ADM0.5

3Adecoagro S.A. AGRO0.8

4Vital Farms, Inc. VITL1.0

P/Elowest P/E

1Village Farms International, Inc. VFF8.1

2Cal-Maine Foods, Inc. CALM11.3

3Vital Farms, Inc. VITL12.6

4BrasilAgro - Companhia Brasileira de Propriedades Agrícolas LND15.1

5Bunge Global SA BG20.6

Valuation · company comparison

4/12 level · 11/12 change

All-company data · latest reported quarter

Company	PEG	P/E	Reported
Vital Farms, Inc. VITL	1.0	12.6	Mar 2026
Adecoagro S.A. AGRO	0.8	883.5	Mar 2026
Bunge Global SA BG	0.6	20.6	Jun 2026
BrasilAgro - Companhia Brasileira de Propriedades Agrícolas LND	0.5	15.1	Mar 2026
Archer-Daniels-Midland Company ADM	0.5	32.6	Mar 2026
Dole plc DOLE	0.2	31.8	Mar 2026
Cal-Maine Foods, Inc. CALM	0.2	11.3	Jun 2026
Tyson Foods, Inc. TSN	—	49.9	Mar 2026
Alico, Inc. ALCO	—	30.7	Mar 2026
Limoneira Company LMNR	—	56.2	Jun 2026
Village Farms International, Inc. VFF	—	8.1	Mar 2026

Full 20-quarter history · every available company

PEG · reported quarter history

Adecoagro S.A. · AGRO

Sep 2021—

Dec 2021—

Mar 2022—

Jun 2022—

Sep 2022—

Dec 2022—

Mar 2023—

Jun 2023—

Sep 2023—

Dec 2023—

Mar 2024—

Jun 2024—

Sep 20240.8

Dec 2024—

Mar 2025—

Jun 2025—

Sep 2025—

Dec 2025—

Mar 2026—

Jun 2026—

Archer-Daniels-Midland Company · ADM

Sep 2021—

Dec 2021—

Mar 2022—

Jun 2022—

Sep 2022—

Dec 2022—

Mar 20230.2

Jun 20230.5

Sep 2023—

Dec 2023—

Mar 2024—

Jun 2024—

Sep 2024—

Dec 2024—

Mar 2025—

Jun 2025—

Sep 2025—

Dec 2025—

Mar 2026—

Jun 2026—

BrasilAgro - Companhia Brasileira de Propriedades Agrícolas · LND

Sep 2021—

Dec 2021—

Mar 2022—

Jun 2022—

Sep 2022—

Dec 2022—

Mar 2023—

Jun 2023—

Sep 2023—

Dec 2023—

Mar 2024—

Jun 2024—

Sep 20240.5

Dec 2024—

Mar 2025—

Jun 2025—

Sep 2025—

Dec 2025—

Mar 2026—

Jun 2026—

Bunge Global SA · BG

Sep 2021—

Dec 2021—

Mar 2022—

Jun 2022—

Sep 2022—

Dec 2022—

Mar 2023—

Jun 20230.6

Sep 20230.3

Dec 20230.2

Mar 20240.5

Jun 2024—

Sep 2024—

Dec 2024—

Mar 2025—

Jun 20250.7

Sep 20250.6

Dec 2025—

Mar 2026—

Jun 2026—

Cal-Maine Foods, Inc. · CALM

Sep 2021—

Dec 2021—

Mar 2022—

Jun 2022—

Sep 2022—

Dec 2022—

Mar 2023—

Jun 2023—

Sep 2023—

Dec 2023—

Mar 2024—

Jun 2024—

Sep 2024—

Dec 20240.2

Mar 2025—

Jun 2025—

Sep 2025—

Dec 2025—

Mar 2026—

Jun 2026—

Dole plc · DOLE

Sep 2021—

Dec 2021—

Mar 2022—

Jun 2022—

Sep 2022—

Dec 2022—

Mar 2023—

Jun 2023—

Sep 2023—

Dec 20230.2

Mar 2024—

Jun 2024—

Sep 2024—

Dec 2024—

Mar 2025—

Jun 2025—

Sep 2025—

Dec 2025—

Mar 2026—

Jun 2026—

Vital Farms, Inc. · VITL

Sep 2021—

Dec 2021—

Mar 2022—

Jun 2022—

Sep 2022—

Dec 2022—

Mar 2023—

Jun 2023—

Sep 2023—

Dec 2023—

Mar 2024—

Jun 2024—

Sep 2024—

Dec 2024—

Mar 20250.8

Jun 20256.1

Sep 20251.8

Dec 20251.0

Mar 2026—

Jun 2026—

P/E · reported quarter history

Adecoagro S.A. · AGRO

Sep 20218.5

Dec 20216.8

Mar 20227.8

Jun 20225.4

Sep 20225.7

Dec 20228.5

Mar 202313.4

Jun 202310.8

Sep 20238.6

Dec 20235.3

Mar 20244.7

Jun 20244.8

Sep 20247.4

Dec 202410.5

Mar 202517.8

Jun 202525.6

Sep 202533.7

Dec 2025—

Mar 2026883.5

Jun 2026—

Alico, Inc. · ALCO

Sep 20217.4

Dec 20216.8

Mar 20225.0

Jun 20228.3

Sep 202217.1

Dec 20229.8

Mar 2023—

Jun 2023—

Sep 2023104.0

Dec 20234.9

Mar 20246.0

Jun 20248.5

Sep 202430.7

Dec 2024—

Mar 2025—

Jun 2025—

Sep 2025—

Dec 2025—

Mar 2026—

Jun 2026—

Archer-Daniels-Midland Company · ADM

Sep 202113.0

Dec 202114.1

Mar 202216.6

Jun 202212.2

Sep 202211.1

Dec 202212.0

Mar 20239.9

Jun 202310.0

Sep 202310.4

Dec 202311.2

Mar 202411.0

Jun 202412.1

Sep 202417.1

Dec 202413.8

Mar 202517.2

Jun 202523.3

Sep 202524.4

Dec 202525.8

Mar 202632.6

Jun 2026—

BrasilAgro - Companhia Brasileira de Propriedades Agrícolas · LND

Sep 20217.5

Dec 20214.0

Mar 20225.2

Jun 20224.8

Sep 20226.7

Dec 202221.2

Mar 202346.7

Jun 20239.2

Sep 202311.6

Dec 202310.1

Mar 202410.8

Jun 202411.4

Sep 20248.9

Dec 202418.9

Mar 202514.7

Jun 202515.1

Sep 2025—

Dec 2025—

Mar 2026—

Jun 2026—

Bunge Global SA · BG

Sep 20215.1

Dec 20216.8

Mar 20228.8

Jun 20227.8

Sep 20228.4

Dec 20229.5

Mar 20239.4

Jun 20237.3

Sep 20238.4

Dec 20236.8

Mar 20248.6

Jun 202412.8

Sep 202413.0

Dec 20249.7

Mar 202510.6

Jun 20258.6

Sep 20259.4

Dec 202518.1

Mar 202629.5

Jun 202620.6

Cal-Maine Foods, Inc. · CALM

Sep 2021—

Dec 2021—

Mar 2022—

Jun 202217.7

Sep 20229.7

Dec 20226.0

Mar 20233.8

Jun 20233.1

Sep 20233.7

Dec 20235.3

Mar 20249.9

Jun 202410.8

Sep 20248.3

Dec 20247.6

Mar 20254.5

Jun 20253.8

Sep 20254.5

Dec 20253.5

Mar 20266.1

Jun 202611.3

Dole plc · DOLE

Sep 202124.9

Dec 2021—

Mar 2022—

Jun 2022—

Sep 202213.8

Dec 202210.6

Mar 202311.0

Jun 202312.5

Sep 202310.2

Dec 20239.5

Mar 20246.3

Jun 20245.3

Sep 20248.3

Dec 202410.3

Mar 202514.6

Jun 202556.0

Sep 202589.6

Dec 202528.3

Mar 202631.8

Jun 2026—

Limoneira Company · LMNR

Sep 2021—

Dec 2021—

Mar 2022—

Jun 2022—

Sep 2022—

Dec 2022—

Mar 202311.3

Jun 202317.1

Sep 202330.4

Dec 202328.6

Mar 2024—

Jun 2024—

Sep 202476.0

Dec 202464.1

Mar 202556.2

Jun 2025—

Sep 2025—

Dec 2025—

Mar 2026—

Jun 2026—

Tyson Foods, Inc. · TSN

Sep 2021—

Dec 20219.4

Mar 20228.5

Jun 20228.1

Sep 20227.6

Dec 20227.4

Mar 2023—

Jun 202314.2

Sep 202355.5

Dec 2023—

Mar 2024—

Jun 2024—

Sep 202426.5

Dec 202419.5

Mar 202524.2

Jun 202525.0

Sep 202540.7

Dec 2025102.7

Mar 202649.9

Jun 2026—

Village Farms International, Inc. · VFF

Sep 2021—

Dec 2021—

Mar 2022—

Jun 2022—

Sep 2022—

Dec 2022—

Mar 2023—

Jun 2023—

Sep 2023—

Dec 2023—

Mar 2024—

Jun 2024—

Sep 2024—

Dec 2024—

Mar 2025—

Jun 202511.0

Sep 202516.5

Dec 202513.5

Mar 20268.1

Jun 2026—

Vital Farms, Inc. · VITL

Sep 2021151.6

Dec 2021288.5

Mar 2022—

Jun 2022—

Sep 2022—

Dec 2022516.0

Mar 202367.8

Jun 202335.6

Sep 202326.0

Dec 202326.6

Mar 202427.4

Jun 202444.1

Sep 202431.4

Dec 202431.7

Mar 202526.5

Jun 202534.7

Sep 202532.1

Dec 202522.0

Mar 202612.6

Jun 2026—

10 · before the conclusion, check the blind spots

What can make this comparison misleading?

This Farm Products comparison names 5 specific ways its own evidence can mislead, all listed below. 1 of the 12 companies reports on an older date than the sector's freshest reporters, so its rank is marked stale. A high growth rate can still be a low-base artefact.

Keep these limits visible

A high growth rate can be a low-base artefact. The page keeps level and change separate for that reason.
A high ROCE can be temporary or flattered by a small capital base. Read it beside margin, cash conversion and reinvestment.
The 4-Factor Sector Score ranks research priority, not portfolio action. Management quality, catalysts and risks need equally fresh evidence before capital is deployed.
An “all companies” line chart preserves completeness, but rank changes should be checked against reporting dates before drawing a conclusion.
1 company has an older fundamental reporting date than the sector’s freshest reporters; its rank carries a stale marker.

11 · evidence and freshness

How was this comparison built?

This comparison is built from the reported filings of 12 Farm Products companies, normalized to a common $ scale and a shared quarter axis of up to 20 quarters each. Fundamentals run through Jun 2026 and market data through 2026-08-04. A second data feed fills gaps only after identity and scale reconciliation, and missing observations are never interpolated.

FundamentalsThrough Jun 2026 · up to 20 quarters per company

Market dataThrough 2026-08-04 · weekly price and relative-strength history

Derived metricsGrowth, changes and PEG are calculated only when their inputs are comparable.

Score confidenceMissing and stale evidence reduces confidence and pulls the 0–100 research-priority score toward neutral.

12 · questions investors ask, short speakable answers

Farm Products company comparison FAQs

These 22 answers restate the Farm Products comparison above in question form. Every one is computed from the same 12 companies and the same reported filings as the rankings and charts, current through Jun 2026. Price and relative-strength answers run through 2026-08-04. Nothing here is estimated, and none of it is a recommendation.

Is the Farm Products sector outperforming S&P 500?

Which Farm Products company is largest by revenue?

Archer-Daniels-Midland Company leads with revenue of $80,584 million, based on 9 of 12 comparable companies through Mar 2026.

Which Farm Products company is growing fastest?

Vital Farms, Inc. has the fastest current revenue growth at 26.6%, across 9 of 12 comparable companies.

Which Farm Products company has the strongest 4-Factor Sector Score?

Archer-Daniels-Midland Company ranks first at 60.1/100 with 81.1% evidence confidence. The score prioritizes research; it is not a buy recommendation.

Which Farm Products company has the lowest comparable PEG?

Dole plc has the lowest comparable PEG at 0.22, among 4 of 12 companies whose earnings and growth are steady enough for the ratio to mean anything.

How much history does this Farm Products comparison include?

The page compares up to 20 reported quarters per company for fundamentals, returns and valuation, ending Jun 2026. Missing observations remain blank rather than being estimated.

How is the 4-Factor Sector Score calculated?

The four visible contributions add directly: growth and earnings up to 35 points, capital efficiency up to 25, valuation up to 20, and relative strength up to 20. Missing or stale evidence moves only the affected contribution toward neutral.

Which Farm Products company is the biggest?

Archer-Daniels-Midland Company is the largest, with trailing-twelve-month revenue of $80,584 million, ahead of Tyson Foods, Inc. at $55,710 million. That covers 9 of 12 companies with comparable reporting through Mar 2026.

Which Farm Products company has the best profit margins?

Village Farms International, Inc. has the highest operating margin at 73.5%, from 11 of 12 comparable companies. Alico, Inc. shows the biggest recent improvement, at +704.9 percentage points. A high margin matters most when it is holding or rising, not when it is peaking.

Which Farm Products company makes the most profit?

Archer-Daniels-Midland Company earns the most, at $1,084 million of trailing-twelve-month net profit, from 9 of 12 comparable companies. Vital Farms, Inc. has the fastest profit growth at -7.8%, though growth off a small or recovering profit base overstates how much has actually changed.

Which Farm Products company earns the highest return on capital?

Village Farms International, Inc. leads on return on capital employed at 10.9%, across 12 of 12 companies. Read it beside the length of its reported history: a high return that repeats for years is evidence of a durable business, while a single high reading can be a small capital base or one good year.

Which Farm Products stock is the cheapest?

On PEG — where a LOWER number is cheaper — Dole plc screens cheapest at 0.22×. Only 4 of 12 companies have earnings and growth steady enough for the ratio to mean anything, so this is not a sector-wide "cheapest stock" verdict. Cheap on a multiple is a reason to investigate, never a reason to buy on its own.

Is the Farm Products sector beating the market?

Farm Products has underperformed S&P 500 by 15.4% over the last 52 weeks and 7.9% over 13 weeks, measured on an equal-weight index of its current members. Inside the sector, 1 of 12 covered companies are beating the market on their own. Sector strength does not transfer evenly to every stock in it.

Which Farm Products stock has the strongest price momentum?

Archer-Daniels-Midland Company has the strongest relative strength against S&P 500. Relative strength answers last, after growth, quality and valuation: price can move well before the fundamentals confirm it, and sometimes without them confirming at all.

Which Farm Products company scores highest for research priority?

Archer-Daniels-Midland Company scores 60.1 out of 100 with 81.1% evidence confidence, from 17.6 points on growth and earnings, 12.6 on capital efficiency, 14.4 on valuation and 15.5 on relative strength. This ranks what deserves work next. It is not a buy recommendation, and management quality, catalysts and risk still need separate research.

How many Farm Products companies does this comparison cover, and over what period?

It compares 12 listed companies over up to 20 reported quarters of fundamentals, ending Jun 2026, plus weekly price and relative-strength history. Membership is the full sector list — nothing is dropped for having thin data.

What is the total market cap of the Farm Products sector?

The 12 Farm Products companies on this page carry $88,167 million of combined market value. Archer-Daniels-Midland Company is the largest at $38,494 million, about 44% of the sector's total on its own. Market value moves with price, so this reading is dated 2026-08-04.

What is the Farm Products sector's P/E ratio?

The median price-to-earnings ratio across the 12 Farm Products companies on this page is 30.7×, measured on the 11 that report a comparable figure. A sector-level history for this multiple is not held here, so this is a cross-section of today, not a comparison with the sector’s own past. Figures are as of 2026-08-04.

How is the Farm Products sector performing?

1 of the 12 covered Farm Products companies are beating S&P 500 on Mansfield relative strength. The sector itself is 15.4% behind S&P 500 over 52 weeks on an equal-weight index of its current members. Readings are as of 2026-08-04.

How many Farm Products stocks are listed in the US?

This comparison covers 12 listed Farm Products companies in the US, each above the size floor the site applies. The full ranked list is on this page, with reported fundamentals through Jun 2026. Membership is the full industry list — nothing is dropped for having thin data.

Why are some values on this page blank?

A blank means that company did not report a comparable figure for that period, so nothing is shown. Missing observations are never interpolated, carried forward, or replaced with a similar-looking accounting line, and a company with missing evidence has its research score pulled toward neutral rather than being scored as bad.

Is this investment advice?

No. Every figure here is a deterministic calculation from reported company filings and market data, published for research. It contains no recommendation to buy or sell any security, does not account for your circumstances, and is not a substitute for advice from a licensed adviser.