5 Best Wheat Stocks to Buy for Q2 2025

Wheat is a hugely valuable commodity as the basis for many basic foodstuffs. This guide picks out the best wheat stocks and explains how you can invest in them.
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Updated on Jul 4, 2024
Reading time 9 minutes

More acreage is dedicated to growing wheat worldwide than almost any other commodity. The amount of grain produced every year means there are plenty of companies that make a living from growing, transporting, or selling it. Here we pick out some of the best stocks in the wheat industry.

What are the top wheat stocks to buy?

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Our experts have picked five top wheat stocks that we think offer the best way to invest in wheat right now. Sign up to a broker and start investing by clicking the links below, or keep reading to learn more about each company.

#Stock tickerCompany nameLearn more
1BGBungeLearn more >
2AGROAdecoagroLearn more >
3CMECME GroupLearn more >
4DEDeere & CoLearn more >
5ADMArcher-Daniels-MidlandLearn more >
List selected by our team of analysts, updated April 2025.

1. Bunge (BG)

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  • Market Cap: $14 billion
  • 2023 Revenue: $59 billion
  • Forward Revenue Growth: -5.5%
  • Dividend yield: 2.65%
  • P/E Ratio: 10
  • Stock Price: $102

Bunge is an agribusiness company that mills, produces, and sells a large assortment of different grains. Wheat is one of those grains, along with soybeans and corn. That range means Bunge is a relatively secure company, as it can cope with a bad harvest or the failure of one of the grains. Bunge is a member of the ABCD club of the biggest agricultural companies in the world. The others are Archer-Daniels-Midland, Cargill, and Dreyfus

The commodity industry is cyclical and tends to experience steady rises followed by a correction on a fairly regular basis. The Bunge stock price reflects this pattern, with a series of rises of 20-50% followed by drops back down over the past ten years.

Bunge is a great investment opportunity because it gives you a way of investing in the entire grain industry. Demand for grains to feed humans and livestock is only likely to rise over the next few years. Bunge offers a way to bet on that without risking it all on one specific grain making it one of the best wheat stocks to buy in 2025.

Bunge’s annual revenue has surged to over $59 billion, helped by the strong demand for agricultural products. While this is a low-margin business, the company has a track record of generating profits for years.

2. Adecoagro (AGRO)

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  • Market Cap: $940 million
  • 2023 Revenue: $1.9 billion
  • Forward Revenue Growth: 2.88%
  • Dividend yield: 3.7%
  • P/E Ratio: 4.5
  • Stock Price: $9.05

Adecoagro is a farming company that’s headquartered in Luxembourg but which actually operates in South America. It owns large amounts of farmland in Argentina, Brazil, and Uruguay, where it produces wheat along with other grains and commodities like sugar and food oils,

The company only went public in 2011, and has not been able to capitalise on its initial promise as well as it might have hoped. However, the war in Ukraine led to a substantial increase in its value – the stock jumped more than 60% in the months immediately afterward – and it has managed to return back up to those highs since. Its annual revenue has soared to over $1.34 billion from $890 million in 2019. At the same time, it has a good track record of generating strong profits.

With no signs of the war ending any time soon, its status as a leading wheat producer outside of Europe means it’s well-placed as an alternative source of food. That 60% could just be the start of a long-term trend of rising demand for new sources of wheat.

3. CME Group (CME)

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  • Market Cap: $70.9 billion
  • 2023 Revenue: $5.5 billion
  • Forward Revenue Growth: 6.85%
  • Dividend yield: 2.3%
  • P/E Ratio: 20
  • Stock Price: $197

CME Group represents a different way to enter the wheat market. CME Group runs the Chicago Mercantile Exchange – the most popular derivatives marketplace in the world. Essentially, it’s the best place to trade or invest in wheat futures, along with lots of other agricultural commodities.

The company offers several segments like trading and clearing, its core segment, market data and information services, indexes and services, and optimization. 

In addition to wheat, the company provides derivatives on most commodities, stocks, interest rates, and forex. Therefore, although we have put it in this wheat stock list, the commodity is a small part of its business.

CME Group is a near monopoly, which explains why it has some of the best margins in the industry. Its gross margin is almost 100% while its net income margin is 56%. As a result, its $5.9 billion revenue translates to a net profit of over $3.3 billion.

4. Deere & Company (NYSE:DE)

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  • Market Cap: $104 billion
  • 2023 Revenue: $5.5 billion
  • Forward Revenue Growth: 1.9%
  • Dividend yield: 1.56%
  • P/E Ratio: 14.8
  • Stock Price: $378

Deere & Company manufactures farming equipment and is one of the best-known companies in the US. Most famous for its huge tractors, John Deere also makes wheat planting and harvesting equipment.

Deere stock has been on the rise for a very long time. It’s a company that has successfully adapted to the modern era and which did extremely well in the aftermath of the pandemic. The stock price almost tripled between 2010 and 2020, then doubled again in the next six months.

While it may not continue to grow at such a rate, the future looks bright for Deere & Co. It has a great reputation and little competition, which allows it to dominate the farming industry and provide equipment for all sorts of different grain producers. It is also an ideal stock for income investors, as it pays a healthy dividend yield as well.

5. Archer-Daniels-Midland Company (NYSE:ADM)

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  • Market Cap: $29 billion
  • 2023 Revenue: $93 billion
  • Forward Revenue Growth: -3.07%
  • Dividend yield: 3.36%
  • P/E Ratio: 10.6
  • Stock Price: $59

Archer-Daniels-Midland is a food conglomerate that makes everything from animal feed to specialty oils. Its role in the wheat industry is to mill the grain to create flours and wheat protein that forms the basis for many food products, and it plays a crucial role in wheat supply chains.

Like John Deere, ADM has been growing steadily for a long time. It has been expanding its products and services over many years and that is reflected in the share price. It’s up about 250% since the Great Financial Crisis, and it has done very well since the pandemic.

ADM’s appeal is as much about the sheer range of products it offers as it is about wheat specifically. However, it’s a great option to give you an ‘in’ to the wheat stocks industry without being completely reliant on it.

ADM’s revenue peaked at $101 billion in 2022 and then retreated to $93.9 billion as commodity prices plunged. Its net income also moved from over $4.3 billion to over $3.4 billion. The company has room to do well when these prices rebound.

Where to buy the best wheat stocks

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To invest in any of the wheat and agriculture stocks mentioned above you need to sign up for an online trading platform. Our favourite options are listed below and you can sign up by clicking any of the links in the table.

We found 4 online brokers for users based in

eToro review
4.6
eToro
Min. Deposit $100
Fees 1%
No. assets 3600+
Demo account Yes

eToro review

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 51% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Plus500 review
4.5
Plus500
Min. Deposit $100
Fees From 2%
No. assets 2800+
Demo account Yes

Plus500 review

CFD service. 82% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.

Public.com review
4.4
Public
Min. Deposit $20
Fees 1-2%
No. assets 9000+
Demo account No

Public.com review

Cryptocurrency execution and custody services are provided by Apex Crypto LLC (NMLS ID 1828849) through a software licensing agreement between Apex Crypto LLC and Public Crypto LLC. Crypto trading on Public platforms is served by Public Crypto LLC and offered through APEX Crypto. Please ensure that you fully understand the risks involved before trading.

What is a wheat stock?

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It’s a company that operates in the wheat industry. Wheat stocks can include anything from actually owning farmland and growing the grain, to manufacturing the equipment needed to turn it into food, flour, or oils, to transporting it around the world.

All these companies stand to increase their revenues and grow in value if there is more demand for wheat. That means if you think there is likely to be more demand in the future, it might be a good idea to invest in one, as then the value of your investment will rise as the company grows.

Are wheat stocks a good investment?

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If you think there’s a reason why wheat might become more valuable in the near future, or you want to take advantage of dividends. Many companies in the wheat arena pay a regular dividend yield, and that can be a good way to earn more money from your investment without needing the share price to grow as much.

You should note, however, that any stock that relies on the commodity market tends to rise and fall in value in cycles. There is, broadly, a cap on how high the stock can go – wheat prices, like all commodity prices, can only go so high before farmers and food producers switch to something else, like corn or soybeans.

You might not get the same growth in value from a wheat stock as you might from a tech stock, for example. However, wheat is a critical resource in providing food security for many people around the world and so the flip side is also true: you’re unlikely to see their value completely collapse. What’s more, some external factors such as the global wheat exports shortage and the Russia-Ukraine war represent a good opportunity for a much more active movement on wheat prices and similar commodities.

Wheat is also an industry that requires a bit of experience to understand. It can be affected by events outside of anyone’s control, like bad harvests or natural disasters, and the unpredictable actions of governments to go to war or restrict exports.

Methodology: How we choose the best wheat stocks

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At Invezz, our mission is to empower our readers with the most accurate and reliable financial information. Our curated selection of the best stocks in specific industries is designed to provide investors with well-researched, expertly reviewed stock recommendations. Our team follows a rigorous process to ensure our readers receive high-quality, trustworthy stock selections.

  • Initial screening. Our team of experienced stock market analysts conducts an initial screening of stocks within the chosen industry. This involves analyzing a broad range of companies based on key financial metrics such as revenue growth, profitability, debt levels, and market capitalization.
  • Earnings reports and financial analysis. Analysts review the latest earnings reports of shortlisted companies. This includes a detailed assessment of financial statements, looking for consistent earnings growth, strong balance sheets, and positive cash flow trends. Special attention is given to year-over-year performance and quarterly results.
  • Sector analysis. A comprehensive sector analysis is conducted to understand the macroeconomic factors affecting the industry. This includes examining market trends, competitive landscape, regulatory changes, and technological advancements. Our analysts utilize industry reports, market research, and economic forecasts to gain a holistic view of the sector.
  • Analyst recommendations. We consider recommendations from reputable sources such as Barron’s and Zacks. These sources provide expert opinions and ratings on stocks, which serve as an additional layer of validation for our selections. Incorporating external analyst recommendations ensures that our curated stocks are backed by a consensus of expert views.
  • Internal review. After the initial selection by our analysts, the chosen stocks are reviewed by a sub-editor. The sub-editor ensures that the analysis is clear, concise, and adheres to Invezz’s editorial guidelines. This review process helps maintain the quality and readability of our content, making it accessible to a broad audience.
  • Quarterly updates. To ensure our stock recommendations remain relevant and up-to-date, we update the curated section quarterly. Each update cycle involves re-evaluating the stocks based on the latest financial reports, industry developments, and market conditions. This regular update process ensures that our recommendations reflect the most current information available.

Our approach combines expert analysis, comprehensive research, and regular updates to deliver reliable and insightful investment recommendations. Read more about our review process and editorial policy.


Sources & references

Crispus Nyaga

Crispus Nyaga

Market Analyst

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Crispus is a Financial Analyst for Invezz covering the stock, cryptocurrency and forex markets. He’s an experienced analyst with more than 8 years of industry experience. His analysis is featured on industry leaders including macrostreet.com,  SeekingAlpha, Forbes, InvestingCube, Investing.com, and MoneyTransfers.com, to name a few....