Farm investing stocks have gained momentum in Q2 2024
Farm investing stocks have gained momentum in Q2 2024, particularly agritech firms leveraging precision agriculture tech. Market data shows an average 8.4% rise among leading farm equipment manufacturers since April, beating the S&P 500’s 5.7% increase. Analysts expect continued upward pressure as grain demand in Asia remains strong, potentially driving EPS growth for top-tier farmland REITs. Sen. Tim Kaine, D-Virginia, s aid Sept. 18 he would force votes on ending tariffs on Canada and Brazil. But even if approved, the House could ignore it like the previous measure dealing with Canada. Technology adoption risk: Implementing AI tools can be capital-intensive and requires operator expertise. Not all farms are equally positioned to integrate advanced technology.
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