Profile: S&W Seed Co (SANW.OQ)
18 May 2018
S&W Seed Company (S&W), incorporated on October 25, 2011, is a global agricultural company. The Company focuses on the breeding, production and sale of alfalfa seed. In addition to its primary activities in alfalfa seed, it also offers hybrid sorghum and sunflower seed germplasm. Its alfalfa seed is produced under contract with growers in the Western United States, Canada and Australia. As of June 30, 2016, the Company sold its alfalfa seed varieties in more than 30 countries across the globe. It also owns and operates seed-cleaning and processing facilities in Five Points, California and Nampa, Idaho and a seed processing facility in Keith, South Australia. Its commercial product line-up includes alfalfa seed varieties that span from Fall Dormancy (FD) 3 to FD 10. Its non-dormant varieties include SW 10, SW 9720, SW 9215, SW 9628 and SW 8421S. Its FD 3, FD 4 and FD 5 S&W varieties are adapted to the winter-hardy intermountain west and the northern half of the United States and Canada. Its FD 3, FD 4 and FD 5 S&W varieties include Rhino, SW4328 and SW5909.
The Company, through Seed Genetics International Pty Ltd (SGI), offers various alfalfa, such as SuperSonic, SuperNova, SuperStar, SuperCharge, SuperAurora, SuperSequel and SuperSiriver. SGI's breeding program includes a number of initiatives addressing semi-dormant and non-dormant alfalfa varieties and tropical alfalfa seed varieties. Additionally, SGI has a breeding and production platform of white clover varieties, including SuperHuia, SuperLadino, SuperHaifa and SuperHaifa II. SGI sells alfalfa seed into Saudi Arabia, the United States and Argentina. SGI sells the bulk of its clover seed to China, Europe and the United States. As of June 30, 2016, SGI had contracts with approximately 150 individual growers in Western Victoria, South Australia and New South Wales to grow its alfalfa seed varieties on a total of approximately 20,000 irrigated and 8,000 non-irrigated acres. SGI also operates a small white clover and annual clover production and distribution business. It is also focused on developing its stevia germplasm into commercial varieties.
The Company has developed lines that have been bred for processing in order to produce a stevia extract suitable for use in foods and beverages. S&W seed is packaged into an S&W branded seed bag, as well as customer-specific branded seed bags. Final packaging for customers includes attaching a label with variety name and physical quality data, and attaching a State Certification tag (also known as a blue tag) to each individual bag. When the seed is treated with any type of seed treatment, a treatment tag must also be attached to each individual bag. The Company's primary varieties also include LaJolla, Catalina and Saltana. The Company, through Imperial Valley Seeds, Inc. (IVS), markets both common and certified alfalfa seeds, sourced from growers located in the Imperial Valley of Southeast California.
The Company competes with Land O' Lakes, Inc., The Dow Chemical Company, Heritage Seeds Pty. Ltd. Blue Ribbon Seeds Pty. Ltd., PGG Wrightson Seeds Ltd, Naracoorte Seeds Pty. Ltd., Seed Distributors Pty. Ltd., Seed Services, Inc. and Pacific International Seed Company, Inc.
S&W Seed Co
106 K St Ste 300
SACRAMENTO CA 95814-3218
Company Web Links
- BRIEF-S&W Announces Q3 Adjusted Non-Gaap Earnings Per Share $0.08
- BRIEF-S&W Seed-On April 13, Unit Entered Into Agreement With National Australia Bank Which Amended Terms Of S&W Australia's Credit Facilities With NAB
- BRIEF-S&W Seed Co Board Size Increases To 9 Members
- BRIEF-S&W Announces Q2 GAAP Loss Per Share $0.02
- BRIEF-S&W Seed Co Files For Offer And Resale Of Up To 2.8 Million Shares Of Co's Common Stock By Selling Stockholders