Goldman Sachs Agri Stock Picks: Corteva's R&D Edge, FMC's Pipeline, And Mosaic's Phosphate Advantage Set Up Strong Growth

Goldman Sachs analyst Duffy Fischer initiated coverage on several major U.S. agriculture input stocks, citing several factors.

The analyst writes that they believe the agricultural macro environment is still stabilizing after the peak caused by the Russia-Ukraine war.

Fischer says that while Spring 2025 looks better than expected (excluding FX) thanks to expected higher corn acreage and a short Fall application window, they anticipate a continued drift toward normalized levels later this year.

CTVA: The analyst initiated coverage on Corteva, Inc. (NYSE:CTVA) with a Buy and price forecast of $71.

The analyst highlights the company’s strong seed and crop protection business, which is poised to benefit from significant cost tailwinds in 2025.

The analyst notes that ...