And everyone And We about couple take to basically today. exciting year our company. I of main S&W. you, if can a on us we're minutes four of We're Thank that of the remind just areas, basic It's morning four in that of now at a on. and principles all for rebuilding third Robert. call effort. call the very have working everybody components good the
past plus than distribution calls, the distributors. network a year that acquired and that about we farmer-dealer And We amount sales talked farmer-dealer before, to had when acquisition, first, acquired a a With our that we and historically sales acquired a of traditionally, Chromatin had our as effectively. building marketing started through organization spent bankruptcy as with we to do our had. trying we're said we purchase. force distributors, expand we time a building in stronger that's year relationships So, network, ago much we from training this huge distribution network of
in is gone second the which same And expansion building so, we've of on capability that of to piece kind the internationally. distribution,
going today, of That’s acquisition Genetics. now probably the next to So close week. announce we, Pasture can
think on a be acquisition and S&W great why signed, put said and that. founding giving the family. we the I'll Matt will And and financed partnership it's with all and some is Pasture company a you such We documentation as Robert detail Genetics we great more for
Australian wheat alfalfa, our forage sunflower Sorghum, grain seed focus, which for is course, non-dormant with is and, single on they of business multi years. been converting that the working acquisition been wheat of both dormant part program of the have our of had and few the oil a alfalfa, sunflower, focus, and to the from as sorghum funding is we that last which both crop remember Dow is was thing all now you second The originally crop
that third to refocus The dealers now distributors. we both this additional have piece principles is to farmer power marketing of our basic really organization and the four
new So, calls, talked past in we've about organization. our
We have America that things and in Americas. North business international core are and under And along which under Vice from President. really one And Executive have our organized our well there all we then The basic of in-charge President, is includes of both businesses both who Executive Americas, building organized Vice another America international business. moving the South
our invest The increase this is of looking technology. and is margins fourth piece what we've time at in doing really -- over to been
before KLX a going very work eventually resistance excited an with reasons to that we're alfalfa So to then and the digestibility, about little that is taking In work fact longer lines on farmers that to work sorghum. hybrid in bit in which we're deal genes you've make trialing, that in takes sort elections heard continue the technical to due sales for is that alfalfa variety of open elite we've for leading of that and the had and alfalfa pollinated of herbicide other gene. the versus piece be our have, technology stabilize we for a
and that male really looking faster. have are year. timelines So you in line, hybrid when resistance easier last a seen We the we've that those a gene herbicide at to crop, it's the you're female tested hybrid that and we've bit in you're like a manage because
effort this aggressive an year. extra an do made speed to increase we've So
that plant location seed we’ve seed a spring introduction. we So to U.S. where Winter And we're gene the the hybrid Right those in spring XXXX. Nursery, hybrid back our And a to we're to producing with this U.S.-focused herbicide gone in have have by interest. seed planting sorghum on of can hope year a time back in herbicide for we're now, hoping we U.S. the in planting
to lead be all we our efforts very continued is continued introduce technology with market going of that's We've tough for distributors. focus success And strategy improvement to that company. to strategy those our be base in as hasn't lines our the changed. company one to customer agriculture. both product and So are financial still of product to and our the the our proprietary tested the ability think both That the farmer-dealers profitability and is to
that with we're very on little the we're progress all very, say a So ahead. acquisition in I happy deal, itself. Pasture can I that moves focus the if would making. a the And is direction that bit and Genetics change
quite over agreement. to we've a this working deal been come happy year. for to time, have a So We're long on
excited the the pretty been been America, at getting of season. is you forest some to are past some now planting or have the the of alfalfa the in And sense tough purchasing a to news that too. if here, like history. in there's Australian Pasture introduce wheat in Genetics there market hybrid distribution. are and the Australia planting made has rain drought, for seeds been And those do seasons there’s is planting if farmers obviously, least sunflower, that may the bit through hope some sorghum, about stuff begun and vary like of there fire know little Those It’s next a big crops
the and competitive we Seeds. Advanta force, other larger combine where be you up one So effort would Australia, integrated sales company to end Heritage S&W existing big the two we Pasture of when the with Seeds in seed with seed companies
the the market the the two and competing haven't that that’s where a In pasture There's implies the is and it's companies a name kind we're on an market sales by to a produces So grains. basic like exported, Australian of exported are forage the animals these Pasture seeds. that Remember to be products the product of products, the we there's feeding The of which who fed big are animals Asian with and pasture with And are able final before. of to is really to corn market. have to that about their matching commodity even excited to forage strategy bit products little basis than continue those market. been exports U.S. animals. is through animals soybean not going been of production developed traditional then the different market Australia, as the a U.S. those mainly do lot
the we forward as and as sunflower strong now. developing Australia in look I Ad the of and looking hybrid we as headcount putting in those the of sorghum at Genetics. in combining distribution a and now But force system leading are taking product S&W new sales, are distribution sales have to we terms and So be said, for opportunity hybrid people of field companies by varieties creating strong been this the SNWC. that will Australia we Pasture as through that
The market. Australian seed market is pretty a big
about We I’ve million, of market $XXX pasture are that it's about don't I products market to So -- think to research are said. that a believe $XXX market. our want as animals, shows plus fed $XXX small that million that people million
a that the the margin. remember, royalties, canola feed kind basically royalty the ryegrass, companies seed and of about grain, huge the provide crops, talking point support are end those another the system, and grown of sorghum, point $XXX the growers the are buyers forage, and seed million. million and Because for another which the the clover ones product. wheat royalties, traditionally or are some final barleys the crops, of sale we're royalty for usually and really for hybrid end-user, so, include other gets sales because but marketing endpoint Asia $XXX are being barleys products cotton maybe the to endpoint are Both R&D the as noodles bigger sold. has Pasture and have to are that So distributors then The end main and and that individual expenses And somewhere barleys an company Genetics pasture-like these in by perennial, a grown of it sorghum, absorbed malting then crops alfalfa before barley. the
$XXX million a growing. and plus, it's market, big So
and particular the Australia. both times the solidifies their the just, being Pastor comes as Crops to farmers, show why conditions add for do. the want now always important, is offer your before power to in us, your better forage, proprietary that’s farmers, again, and crop sorghum think non-dormant, industry For grain to the alfalfa soil other we oil I distribution companies’ should dormant present use seed that Genetics and many it's what wheat, to them sunflower and able with obviously, products seeds they products, than and products our said to they're acquisition climate being why efforts we
with companies think, coming And the as that coming going the seeds I rain season. the planting we're come farmers excited acquisition seed position finally our in had fact Australia to solidifies Pasture we competing natural forward our Australia. that be profits. in to Genetics are to hybrids margins completed Pasture the the our our that So this is we other Pasture sales for And increase that look in building sunflower weeks. our happy has Genetics and We're really of the pleased said about purchasing market integrated adding with sorghum and Genetics mix acquisition proprietary leading and to product
we of now, Asia. on And lot to a though work be turn with our focus done in yet Australia,
that believe versus trying previous jumping we of both who Asia. our distance is direct of so, for Southeast Asia. the in our in Australia Callachor, Executive runs Vice to Southeast politics Asia experience sort in David because International for has through President And positions S&W We're is place, China and proper. efforts who off because in opportunities
through available. real you'll sort are in the the six months, hearing more a is he So strategy there as about And opportunities that so our next be there. we resource
So, companies that's do. we a lot do of to seed what need things
we excited into careful personally, team industry. those I experience many and growing don't. as you have And the best about one we ball, that that sales of we those people and off telling years don't take know, at in opportunities, how done I'm Sometimes about the our before. this have and have eye opportunity closing systematically S&W, is that company you times is going both the super be I in on to say, the I'm evaluating our profits. and integrating XX
third we'll small quarter on is is, months obviously, most that be you comment to know, so. quarter second fourth the a reporting just last in which, or quarters, and the relative my fairly of us for here the next So six as
in mostly way So are at sales least have go. Northern some going But alfalfa Hemisphere things really well. and sorghum to the
Just as May. as not decision make late sometimes May, in -- final till early sorghum timing, farmers in April, late will
here to see we're quarter to more and that happy our But pleased things months very production be guide. really into guidance. have about and sales really We're very, we'll add Things ready report Pasture a We third companies very as we'll so, company. our able very, going vertically go R&D well. family input once -- And S&W to single Genetics of S&W we has earnings are well. give at going integrated we're a with are marketing positive more our integrated that say our progress to on and few and to think some our by
with over So to Matt. the will presentation that, Matt, just go turn ahead. I please
