The 8 World’s Largest Agricultural Companies in 2020-There are 8 Largest Agricultural Companies in the World based on the annual report of each company in the year 2020. Of course, currently, they are the market leaders in agricultural fields in various specifications with excellent performance and huge profit. With a long journey, experience, and expertise, they are able to become leaders in every field of their business. In this article, the companies are public companies whose shares/ stocks are partly owned by the public. Private agricultural companies such as Cargill were not analyzed because they do not publicly publish annual financial reports.
Here are The 8 World’s Largest Agricultural Companies in 2020 with revenue of up to billions of US dollars and net income/profits of up to a billion dollars in 2020 based on the 2020 annual report.
Table of Rank The 8 World’s Largest Agricultural Companies in 2020
|US Dollar||US Dollar|
|1||John Deere||31.2 Billion||2.7 Billion|
|2||Tyson Food||43.1 Billion||2.1 Billion|
|3||ADM||64.5 Billion||1.7 Billion|
|4||Syngenta||14.2 Billion||1.4 Billion|
|5||Yara||11.7 Billion||690 million|
|6||Corteva||14.2 Billion||681 million|
|7||FMC Corporation||4.6 Billion||550 million|
|8||Nutrien||20.9 Billion||459 million|
|Noted : The rank is made based on highest of Net Income|
Based on the business performance, in this article, some databases about assets, liabilities, and equity showed as additional information. These data are obtained in the balance sheet on the annual report of Each Company. Here are the data :
The Condition of Assets, Liabilities, and Equity of The 8 World’s Largest Agricultural Companies in 2020
|US Dollar||US Dollar||US Dollar|
|John Deere||75 Billion||62 Billion||13 Billion|
|Tyson Food||34.7 Billion||19.2 Billion||15.5 Billion|
|ADM||49.7 Billion||29.6 Billion||20 billion|
|Syngenta||25.2 Billion||20.7 Billion||4.4 Billion|
|Yara||16.6 Billion||8.2 Billion||8.4 Billion|
|Corteva||42.6 Billion||17.6 Billion||25 Billion|
|FMC Corporation||10.1 Billion||7.2 billion||2.9 billion|
|Nutrien||47.1 Billion||24.8 Billion||22.3 Billion|
Here are the Company Description, based on History and Perfromance in brief description
1.Deere and Company
Deere and Company is a leading tractor and heavy equipment company with the “John Deere” brand originating from Moline, Illinois, United States. In 2020, based on the annual report data published by the company, the total revenue achieved by this company reached 31.2 billion US dollars and the earned profit generated was 2.7 billion US dollars.
Until now, various types of machine tractors for agricultural activities produced by Deere and Co. range from tillage tractors, planting, plant maintenance, to harvesting. These various tractors are certainly able to increase efficiency and effectiveness in agricultural activities. Here are some types of tractors that come from Deere and Co:
- Tillage tractor (Cultivator, tandem disk, seedbed finisher, Rotary Tiller, and other types)
- Planting tractor (Row Crop tractor, air seeding equipment, drawn planter)
- Tractor for Processing (Fertilizer spreader, Manure spreader, Sprayer)
- Tractors for Harvesting (Cotton Harvesting, Sugarcane harvesting, Corn, and wheat harvesting)
Until 2019, this company has become one of the world’s big companies. Based on the ranking of companies released by “ Fortune 500” in 2020, this company is 84th as the world’s largest company. Assets owned by this company reached 33 billion US dollars. Marketing of its products spread out in many countries in the world. Although so far, American and European markets are dominantly based on Sales performance.
2.Archer Daniels Mills (ADM)
Archer Daniel Mills (ADM) is one of the biggest of food processing and crop trading. The company was founded in 1912 at the initiative of George A. Archer and John W. Daniels. This headquarter is in Chicago, Illinois, United States. As business lines advance, the company has 270 factories and 420 facilities for plant processing. In 2020, the company recorded a positive financial performance. The revenue earned reached 64.3 billion US with a total profit of 1.7 billion US dollars.
Tyson Foods, Inc. is an American multinational corporation based in Springdale, Arkansas founded by John W. Tyson. The company processes and markets chicken, beef, and pork in the United States and annually exports large quantities of beef outside the United States. In the United States of America (USA), the company has several well-known processed meat products/brands, namely Tyson®, Jimmy Dean®, Hillshire Farm®, BallPark®, Wright®, Aidell’s®, and State Fair® brands.
To date, Tyson Food has a total of 141,000 employees worldwide. The company also supplies the chicken it produces to a well-known company, Yum! Brands that have a leading restaurant of chains such as KFC, Taco Bell, McDonald’s, Burger King, Wendy’s, Wal-Mart, Kroger, IGA, and Beef O’Brady’s. In 2020, based on the company’s financial statements in its annual report, this company earned revenues of 36.8 billion US Dollars and the generated profit reached 1. 7 Billion US Dollars.
Syngenta is one of the largest pesticide companies in 2020. Historically, this agrochemical company was a merger between Zeneca Agrochemical and Novartis Agribusiness in 2000 and is still headquartered in Basel, Switzerland. Until now, this company is considered the largest pesticide company in the world. However, since 2017, this company was bought/acquired by China National Chemical (ChemChina),an agrochemical company from China, and is one of the largest acquisitions made by a corporation from “Mao Zedong Country”.
Until now, Syngenta produces various types of products for plant protection ranging from insecticides, herbicides, and fungicides. Many of its products have a positive impact on the world community in Pesticide products. Its products include the herbicide Gramoxone (active ingredient Paraquat) and Callisto, Fungicide Amistar (the active ingredient of Diphenoconazole and azoxystrobin), and Rhidomil. Insecticides produced and marketed include Virtako (active ingredients chlorantraniliprole and thiamethoxam), Actara (active ingredients, namely Tiametoksam), Plenum (active ingredients Pimetrozine), Trigard®, Proclaim, Karate Zeon®, Curacron, and the other brands. In 2020, based on its business performance in the 2020 annual report, Syngenta showed a positive performance by achieving sales of 14.5 billion US dollars with a net profit of 1.4 billion US dollars.
Corteva Agriscience is one of the largest agricultural pesticide companies from the United States. This Company is a merge between two large companies namely Dow Agro and Dupont in 2017. 2 billion US Dollars from around the world with a net profit of 701 million US Dollars.
In worldwide, various pesticide products have been marketed by this company. These products are insecticides with the trademark fungicide i.e. Dithane™, Curzate™ and the other brands, weed control i.e. Clincher™, Topshot™, and the other brands. Some the farmers maybe know the products of this company to help control pests and plant pathogens. The Seed product maybe is Pioneer Brand (one of the most popular maize seeds in the world).
Yara fertilizer company comes from Norway which was founded in 1905. The headquarter of this company is in the city of Oslo. Until now, the company has employed around 15,000 employees with fertilizer production located on 6 continents and has sales branch offices in around 60 countries in the world. In 2020, Yara Internasional’s business performance showed positive results by generating sales of 11.2 billion US dollars with a net profit is 691 million US dollars. In worldwide, Yara has expanded its business. Perhaps many farmers are familiar with Yara fertilizer especially horticultural farmers such as chili, tomato, melon, and various other vegetables.
7. FMC Corporation
FMC Corporation (Food Machinery and Chemical Corporation) is an american agrochemical company. The headquarter or main office is in Philadelphia, Pennsylvania. Historically, the company was founded in 1883 by chemist Joh Bean and was originally a pump company in Los Gatos, California. As time goes by and the company’s business progress, many chemical-based products are made and marketed to various parts of the world. however from time to time, FMC has expanded its business by selling agrochemical products such as agricultural pesticides and in 2017, FMC globally employed 7,000 people worldwide. In 2020 based on the business performance, the company earned revenues of 4.6 billion US dollars and a net profit of 550 million U dollars.
Nutrien is a merger between 2 world’s well-known fertilizer companies from Canada, namely The Potash Corporation of Saskatchewan or commonly called Potash Corp and Agrium. They merged in 2018. With this merger, Nutrien became one of the largest producers of Potassium (K) fertilizer in the world and the 3rd biggest in nitrogen (N) producers.
In 2020, based on the company’s business performance in its annual report, their performance showed positive results by achieving revenue of 20.9 billion US dollars and a net profit of 459 million US dollars. Products produced and marketed include macronutrient and plant micronutrient fertilizers such as Blackmax 22, Maritime, Radiate, Terramar, Fullback®, Lokomotive, Maximum N-Pact, Maximum N-Pact B, Maximum N-Pact K, N-Pact, Re -Nforce K, Re-Nforce Ks, Signature 8% Calcium and many more. Based on statistics, the company’s operational areas are still in the United States, Canada, and the South American Continent.
Source 8 of the World’s Largest Agricultural Companies in 2020
Archer Daniels Midland. Annual Report 2020. Accessed via https://investors.adm.com/financials/annual-reports/default.aspx on 15 May 2021
FMC. Annual Report 2020 Accessed via https://investors.fmc.com/financials/annual-reports-and-proxy-statements/default.aspx on May 16, 2021
Nutrients. Annual Report 2020. Accessed via https://www.nutrien.com/investors/financial-reporting on 19 May 2021
Tyson Food. Annual Report 2020. Accessed via https://ir.tyson.com/reports/annual-reports/default.aspx on 18 May 2021
Deere and Co. Annual Report 2020 Accessed via https://investor.deere.com/home/ on 17 May 2021
Corteva. Annual Report 2020. Accessed via https://investors.corteva.com/financial-information/default.aspx#sec-filings on May 14, 2021
Yara International. Annual Report 2020. Accessed via https://www.yara.com/investor-relations/latest-annual-report/ on 13 May 2021
Syngenta AG. Annual Report 2020. Accessed via https://www.syngenta.com/sites/syngenta/files/bond-investor-information/financial-results/Syngenta-AG-2020-Financial-Report.pdf on 19 May 2021.