Leading agricultural companies in Australia 2024, by market cap

As of September 2024, Elders Limited was the leading agricultural product company on the Australian Securities Exchange (ASX), with a market cap of 1.44 billion Australian dollars. The previous leading agricultural product company, Costa Group, was delisted from the ASX earlier that year after being bought out by a North American-based consortium made up of Paine Schwartz Partners, Driscoll’s Inc, and British Columbia Investment Management Corporation.

Major agricultural exporter

Despite its relatively small contribution to the country’s total GDP, agriculture remains a crucial economic sector in Australia, with agricultural commodities trade forming a notable share of Australia’s total exports value each year. While the value of agricultural exports from Australia declined in 2021, the industry was expected to recover and grow substantially in 2022 and 2023. Australia’s agriculture industry has remained resilient, as the Australian Government has continued investing in agricultural development and food security.

Market leader Elders Limited

Founded in 1839 in South Australia, Elders Limited, now among Australia’s most trusted agribusinesses, mainly operates in the Branch Network, Wholesale Products, and Feed and Processing Services segments. Elders Ltd supports primary producers in Australia and New Zealand throughout the production cycle by offering an array of agricultural products and financial services, including farm supplies, technical services, insurance, real estate, as well as agency services involving wool, grain, and livestock.