Food Supply Chain

Food Supply Chain
Components Performance/Risk
Period Return
18.4%
Return Rank
Above Average
Risk Exposure
Low Risk

The take-over approach made by Archer Daniels Midland for Bunge , announced on January 19, 2018, has stalled as of March 2018 amidst regulatory anti-trust concerns

As the outlook of both companies has notably improved, it is time to review our agriculture food chain theme

The two companies are, with Cargill and LDC Louis Dreyfus, both privately owned, global food commodity trading conglomerates, commanding the world flow of basic agricultural products.

It is an opportunity to highlight the specialty chemicals and ingredients (for food as well as pharma) businesses, from the UK - Associated British Foods , Tate & Lyle ,  from Denmark - Novozymes , Christian Hansen Invalid tag asset, from Germany  - Evonik Industries Invalid tag asset, from Switzerland - Givaudan , Lonza , from the Netherlands - Koninklijke DSM Invalid tag asset and from Norway - Yara – worthy components of the agricultural chain in their own right

Theme Components
Name
Ticker
Sector
Industry
Cur. Price
Mkt. Cap
Performance
Momentum
Risk Rank
Risk Contrib
 
CHS Inc Pref CHSCP AgricultureSeeds & Agricultural Chemicals25.67-0.6% Neutral Low Risk
Yara International YARIY AgricultureSeeds & Agricultural Chemicals21.07-13.8% Weak Down Average Risk
Archer-Daniels-Midland Company ADM AgricultureAgri Business75.7737 B34.5% Neutral Below Average
Bunge BG AgricultureAgri Business94.2219 B7.8% Sharp Down Below Average
Tate & Lyle (ADR) TATYY AgricultureFood Ingredients & Biochemicals30.25-51.6% Neutral Average Risk
International Flavors & Fragrances IFF Industrial GoodsChemicals - Additives & Ingredients94.6324 B54.3% Weak Up Below Average
Givaudan (ADR) GVDNY Industrial GoodsChemicals - Additives & Ingredients97.71-21.0% Strong Up Below Average
Evonik Industries (ADR) EVKIY Industrial GoodsChemicals - Additives & Ingredients11.11-33.7% Neutral Average Risk
Ingredion INGR Industrial GoodsChemicals - Organic Applications98.936.1 B-10.8% Neutral Low Risk
Novonesis (ADR) NVZMY Industrial GoodsChemicals - Organic Applications69.31-16.0% Weak Up Low Risk
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