Ag, Food Firms Make Fortune 500

June 24, 2015 07:00 AM
 
Ag, Food Firms Make Fortune 500

Grain prices may be lower than anyone in farming would like, but agriculture companies are still holding steady on the Fortune 500.

The annual list, compiled by Fortune Magazine for 61 years, ranks U.S.-based companies by revenue, based on publicly filed documents and includes countless American brands. What company grabbed the No. 1 spot? Wal-Mart, just like last year.

The Fortune 500 also includes a handful of agribusiness companies, from seed makers to equipment manufacturers to food companies.

Here they are, listed by their Fortune 500 rank.

4. Berkshire Hathaway, which owns railroad company BNSF, with $195 billion in revenue for fiscal 2014.

34. Archer Daniels Midland, the Chicago-based food processor and commodities company, with $81 billion in revenue in 2014. Has been on the Fortune 500 every year since 1955.

44. PepsiCo, maker of drinks and snacks, with $67 billion in revenue for fiscal 2014. Has been on the Fortune 500 every year since 1955.

48. Dow Chemical, which is the company behind Dow AgroSciences’ seed and crop protection business, with $58 billion in revenue in 2014.

54. Caterpillar, which makes machinery for agriculture as well as heavy construction, with $55 billion in revenue in fiscal 2014. Has been on the Fortune 500 every year since 1955.

63. Coca-Cola, the global beverage maker, with $46 billion in revenue in fiscal 2014.

69. CHS, the Minnesota-based farmer-owned grain co-op, with $43 billion in revenue in 2014.

83. Tyson Foods, the Arkansas-based meat producer known for its chicken, with $38 billion in revenue in 2014.

86. Deere and Co., the iconic farm equipment manufacturer, with $36 billion in revenue in 2014. Has been on the Fortune 500 every year since 1955.

87. DuPont, which sells Pioneer seeds and crop protection products, with $36 billion in revenue in fiscal 2014. DuPont, founded in 1802, is one of the oldest companies on the Fortune 500.

91. Mondelez International, the Illinois-based firm behind Orio cookies, with $34 billion in revenue for fiscal 2014.

165. Kraft Foods Group, which makes the youthful favorite Macaroni and Cheese, with $18 billion in revenue for fiscal 2014.

171. General Mills, which is the maker of Cheerios, with $18 billion in revenue in fiscal 2014. Has been on the Fortune 500 every year since 1955.

173. ConAgra, the Nebraska-based packaged food company, with $18 billion in revenue in fiscal 2014.

197. Monsanto, the largest seed company in the world, with $16 billion in revenue in fiscal 2014.

203. Land O’Lakes, whose businesses include Purina animal nutrition and crop protection as well as its famous butter, with $15 billion in revenue in fiscal 2014.

210. Kellogg, maker of Special K, with $15 billion in revenue in fiscal 1955. Has been on the Fortune 500 every year since 1955.

244. Leucadia National, a holding company that owns National Beef, with $12 billion in revenue in fiscal 2014.

272. H.J. Heinz, the ketchup company soon to merge with Kraft, with $11 billion in revenue for fiscal 2014. Has been on the Fortune 500 every year since 1955.

296. AGCO, a Georgia-based farm equipment manufacturer, with $10 billion in revenue in 2014.

306. Dean Foods, the largest bottler of fluid milk in the country, with $10 billion in revenue in fiscal 2014.

310. Hormel Foods, whose Jennie-O turkey business has been impacted by the avian influenza outbreak, with $9 billion in revenue in fiscal 2014. Has been on the Fortune 500 every year since 1955.

320. Mosaic, a Minnesota-based supplier of phosphate and potash products, with $9 billion in revenue for fiscal 2014.  

342. Campbell Soup, which makes canned soups and other packaged foods, with $8 billion in revenue for fiscal 2014. Has been on the Fortune 500 every year since 1955.

376. Hershey, the Pennsylvania-based chocolate maker, with $7 billion in revenue for fiscal 2014. Has been on the Fortune 500 every year since 1955.

467. J.M. Smucker, the Ohio-based company behind jams, jellies, and other foods, including Pillsbury, with $6 billion in revenue for fiscal 2014.

One final note: Just 57 companies have made the Fortune 500 list every year since its 1961 inception. The industry with the most companies qualifying for that honor? Food and beverage, with 10 long-lasting big firms.

What do you think of Fortune 500's list? Any surprises? How has ag changed since you started farming? Let us know on the AgWeb discussion boards. 

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