S&W Seed Announces Agreement with Monsanto and Forage Genetics

        S&W Seed Announces Agreement with Monsanto and Forage Genetics

S&W Licensed To Produce and Sell Alfalfa Varieties With Traits Developed By
Monsanto and FGI

PR Newswire

FIVE POINTS, Calif., Oct. 2, 2012

FIVE POINTS, Calif., Oct. 2, 2012 /PRNewswire/ --S&W Seed Company
(Nasdaq:SANW) today announced that it has signed agreements with Monsantoand
Forage Genetics International, LLC. (FGI) that enables the company to produce
and sell seed of approved varieties containing Monsanto's Roundup Ready®
trait. FGI has also agreed to incorporate the Roundup Ready® trait into
specific S&W-developed varieties previously selected for high yield and salt

Using classical plant breeding methods, S&W has worked hard for 30 years to
become a leader in developing high yielding, non-dormant, salt tolerant
varieties of alfalfa. Adoption of biotechnology has been slower to occur in
Europe and other areas compared to the United States, and most of S&W's
existing export customers require verification that alfalfa seed does not have
biotech traits. Demand for S&W's proprietary non-biotech varieties continues
to grow at a strong pace in warm climate zones where non-dormant alfalfa is
the market standard. Accordingly, non-biotech varieties of alfalfa seed will
continue to be a primary focus for S&W in international markets where biotech
varieties have not been approved. S&W will also continue to ensure its
classically bred varieties are grown under strict guidelines requiring
isolation and quality control in processing.

In order to meet the needs of its many domestic customers that want Roundup
Ready® alfalfa, S&W has been working in collaboration with FGI to pursue the
development of S&W varieties that incorporate Monsanto and FGI's advanced
traits, such as the Roundup Ready® trait, into S&W's own seed varieties. Any
biotech varieties ultimately produced by S&W will be targeted for sale to the
U.S. domestic customers, at least initially.

Mark Grewal, chief executive officer of S&W Seed Company commented, "We are
pleased and honored that Monsanto and Forage Genetics chose S&W as a business
partner in the alfalfa seed market. FGI and Monsanto are the undisputed world
leaders in pioneering biotech research for alfalfa. We have always taken
pride in our classically bred, high yielding, non-dormant, salt tolerant
varieties. New S&W varieties that fill the demand for Roundup Ready®
technology can only expand our market within the United States. We look
forward to completing the lab and field work necessary to have an S&W seed
variety ready for the biotech market. In addition to the ability to sell the
newly developed alfalfa seed varieties, S&W hopes to access future alfalfa
seed technology developed by FGI and Monsanto under future licensing

"We are pleased S&W will introduce our Roundup Ready® technology into some of
their upcoming product offerings," Stephen Welker, Alfalfa Lead, Monsanto,
commented. "Roundup Ready® technology will provide the ability to produce
higher quality and higher yielding crops that are largely free of weeds and
other plants that compete for nutrients from the soil. S&W has a reputation
for developing alfalfa seed varieties with a strong performance, including
some of the most salt-tolerant varieties available."

About S&W Seed Company

Founded in1980 and headquartered in the Central Valley of California, S&W
Seed Company is a leading producer of warm climate, high yield alfalfa seed
varieties, including varieties that can thrive in poor, saline soils, as
verified over decades of university-sponsoredtrials.S&WSeedalso offers
seed cleaning and processing at its 40-acre facility in Five Points,
Californiaand, in 2011,began the commercial launch of its
California-basedsteviabusinessin response tothe growing global demand for
the all-natural, zero calorie sweetenerfrom the food and beverage industry.
For more information, please visitwww.swseedco.com.

Safe Harbor Statement

This release contains "forward-looking statements" within the meaning of
Section 27A of the Securities Act of 1933, as amended, and Section 21E of the
Securities Exchange Act of 1934, as amended and such forward-looking
statements are made pursuant to the safe harbor provisions of the Private
Securities Litigation Reform Act of 1995. "Forward-looking statements"
describe future expectations, plans, results, or strategies and are generally
preceded by words such as "may," "future," "plan" or "planned," "will" or
"should," "expected," "anticipates," "draft," "eventually" or "projected." You
are cautioned that such statements are subject to a multitude of risks and
uncertainties that could cause future circumstances, events, or results to
differ materially from those projected in the forward-looking statements,
including the risks that actual results may differ materially from those
projected in the forward-looking statements as a result of various factors and
other risks identified in the Company's 10-K for thefiscal year ended June
30, 2012, and other filings made by the Company with the Securities and
Exchange Commission.

Contact: Robert Blum, Joe Dorame, Joe Diaz Matt Szot
          Lytham Partners, LLC         Chief Financial Officer
          602-889-9700                      S&W Seed Company
          sanw@lythampartners.com         559-884-2535
          www.lythampartners.com                    www.swseedco.com

SOURCE S&W Seed Company

Website: http://www.swseedco.com
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