Key Takeaways
- Agriculture stocks posted a broadly negative week with 14 of 19 tracked names declining, as large-cap equipment and crop science names led the selloff; John Deere's sharp drop on Q2 earnings and FMC's continued slide were the standout moves to the downside.
- John Deere (NYSE: DE) fell 6.59% to $529.15 — its steepest single-week decline in the recent run of weakness — as the company reported Q2 2026 earnings showing construction and small ag segments offsetting a decline in large ag; Corteva slipped 3.07% to $79.56 and CNH Industrial dropped 3.07% to $10.11 in sympathy with the equipment complex.
- FMC Corporation (NYSE: FMC) extended its decline, falling a further 7.42% to $13.11 — now down over 15% in two weeks following the India business sale announcement — while Biotalys N.V. (EBR: BTLS) reversed its prior recovery with a 3.03% drop to EUR 2.88.
- The Mosaic Company (NYSE: MOS) was the week's standout gainer, surging 3.64% to $22.51, likely benefiting from fertilizer market rebalancing as Urea and DAP prices stabilised; Lindsay Corp (NYSE: LNN) also advanced 3.09% to $109.19 and Farmland Partners (NYSE: FPI) gained 2.05% to $10.43.
- Bayer AG (ETR: BAYN) extended its recovery with a further +2.03% gain to EUR 38.75, its second consecutive weekly advance following three weeks of losses; the move consolidates the Crop Science-driven re-rating following Q1 2026's 17.9% EBITDA growth print.
Agriculture Stocks: Weekly Performance Overview (May 18 – 25, 2026)
| Company | Exchange (Ticker) | Opening Price | Closing Price | Weekly Change | Key Company Latest News |
|---|---|---|---|---|---|
| John Deere | NYSE (DE) | $566.48 | $529.15 | -6.59% | Deere & Company Reports Q2 2026 Earnings as Construction and Small Ag Offset Large Ag Decline |
| Corteva | NYSE (CTVA) | $82.08 | $79.56 | -3.07% | — |
| FMC | NYSE (FMC) | $14.16 | $13.11 | -7.42% | — |
| UPL | NSE/BSE (UPL) | ₹644.85 | ₹647.20 | +0.36% | — |
| Nutrien Corp | NYSE/TSX (NTR) | CAD 97.61 | CAD 96.86 | -0.77% | — |
| CNH Industrial | NYSE (CNHI) | $10.43 | $10.11 | -3.07% | — |
| Bayer AG | ETR (BAYN) | EUR 37.98 | EUR 38.75 | +2.03% | — |
| AGCO Corporation | NYSE (AGCO) | $113.84 | $112.84 | -0.88% | — |
| Kubota Corp | TYO (6326) | JPY 2828 | JPY 2748 | -2.83% | — |
| Biotalys N.V. | EBR (BTLS) | EUR 2.97 | EUR 2.88 | -3.03% | — |
| ADM | NYSE (ADM) | $80.89 | $77.52 | -4.17% | — |
| The Mosaic Company | NYSE (MOS) | $21.72 | $22.51 | +3.64% | — |
| CF Industries | NYSE (CF) | $123.00 | $121.70 | -1.06% | — |
| DuPont de Nemours Inc. | NYSE (DD) | $49.48 | $48.12 | -2.75% | — |
| Farmland Partners Inc. | NYSE (FPI) | $10.22 | $10.43 | +2.05% | — |
| Lindsay Corp | NYSE (LNN) | $105.92 | $109.19 | +3.09% | — |
| Local Bounti | NYSE (LOCL) | $1.95 | $1.90 | -2.56% | — |
| Bunge Global SA | NYSE (BG) | $123.40 | $120.71 | -2.18% | — |
| HydroFarm Holdings | NASDAQ (HYFM) | $1.0 | $0.97 | -2.85% |
All prices sourced from public market data. Week of May 18–25, 2026.
Agriculture stocks posted a broadly negative week for the period ending May 25, with 14 of 19 tracked names closing lower as a sharp John Deere earnings-driven selloff dragged the equipment complex and FMC extended its post-India sale decline for a second consecutive week. The macro backdrop shifted meaningfully: urea retreated a further 1.95% to $502.50/T and DAP eased 0.32% to $785.00/T as US–Iran diplomatic talks advanced toward a potential Strait of Hormuz reopening framework — easing the supply panic that had driven fertilizer names higher in recent weeks but introducing a new headwind for nitrogen and phosphate equity valuations. For the full nutrient picture, see the iGrowNews [fertilizer prices weekly update]. Grain markets also softened broadly, with wheat down 2.63%, corn off 2.82%, and soybeans declining 1.40% as geopolitical risk premiums unwound — full detail in the iGrowNews [agricultural commodities weekly update].
Fertilizer Stocks: Mosaic Leads as CF Gives Back Ground
The fertilizer complex reversed last week's leadership dynamic. The Mosaic Company (NYSE: MOS) was the standout gainer this week, advancing 3.64% to $22.51 — a notable outperformance given the broader market weakness. Mosaic's move likely reflects a relative rerating as the sulfur input cost headwind shows early signs of stabilising; sulfur held flat at CNY 17,300/T this week after weeks of relentless pressure on phosphate producer margins. With DAP consolidating near $785/T and still up 18.49% year-over-year, the underlying phosphate price environment continues to provide revenue support even as costs ease.
