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The foundation of the Company can be traced back to the Red Cross Agriculture Fund which raised over £8 million from the agricultural and horticultural industries during World War II. On 23 September 1946 the Company of Agriculturalists was formed, but the name was changed to the Company of Farmers in the following year. The Company received its grant of livery in 1952 and charter of incorporation in 1955.
One of the Company's initiatives is the advanced course in Agricultural Business Management (originally called Farm Business Management), which started in 1963. The course is administered by Wye College (which became Imperial College Wye in 2000), University of London, and is held at Ashford in Kent. A leading role was likewise undertaken by the Company in the establishment of the Centre for European Agricultural Studies at Withersdane, near Ashford, which opened in 1975. The Company also maintains two trust funds: the Lord Lonsdale Fund, set up in 1985, and the Geoffrey and Isla Parsons Fund, in 1987, which offer grants to students on the courses.
A site was purchased for a livery hall in 1970 and 1976 in Newbury Street and Middle Street. In 1983 it was decided to build a joint hall with the Fletchers. The foundation stone of the hall was laid in 1986 and it was opened in 1987 at 3 Cloth Fair.