Large-scale agriculture is a different sort of business, and that's not just because so much depends on the weather (in your area and in competitive growing regions) and other uncontrollable factors. Not unlike timber companies like Plum Creek (NYSE:PCL) and Weyerhaeuser (NYSE:WY) or Brazilian agriculture companies like SLC Agricola (OTCPK:SLCJY) and Adecoagro (NYSE:AGRO), value is created both above the ground (growing/harvesting crops and maximizing productivity) and with the ground through selective sales and real estate development.
Real estate figures prominently in the Limoneira (NASDAQ:LMNR) story. This company is already a major U.S. grower of lemons and avocados, but if the company's plans work out it will leverage the sale of...
|FREE||SA PRO MEMBERS|
|IDEA GENERATOR||X||Exclusive access to 10 PRO ideas every day|
|INVESTING IDEAS LIBRARY||X||Exclusive access to PRO library of more than 15,000 ideas|
|SECTOR EXPERT NETWORK||X||Exclusive access to all sector experts for direct consultation|
|PERFORMANCE TRACKING||X||Track performance of all PRO stock ideas|
|PROFESSIONAL TOOLS||X||Professional Idea Filters to zero-in based on industry, market cap and more|