SW and AGT Joint Venture
TORONTO - Sep 19/18 - SNS -- S&W Seed Company has entered into a joint venture with the AGT Food and Ingredients subsidiary, AGT Foods Africa (Pty) Ltd, to create SeedVision SA (Pty.) Ltd. in South Africa.
Under the joint venture, SeedVision will market hybrid sunflower, grain sorghum and forage sorghum in the African continent, Middle East, and Europe. AGT Foods Africa has agreed to utilize its production resources in South Africa, Zambia and Tanzania, and its seed cleaning and warehousing facilities at Krugersdorp, South Africa.
S&W has created hybrid sorghum and hybrid sunflower germplasm, which it says offer improved yields, drought tolerance, insect and disease resistance. Sorghum is generally grown in drier zones where corn cannot be grown, making yield, drought tolerance, standability, and disease resistance important attributes. Sunflower varieties have also been developed with specific oleic and linoleic oil qualities.