SUNFLOWER SEEDS MARKET ANALYSIS

Key Developments

• In May 2022, Corteva extended its sunflower seed business in Europe with an investment of USD 14.1 million in the Afumati production facility in Romania to accommodate farmers' growing domestic and international demand for high-quality sunflower seeds. Corteva, Inc. is a prominent American agricultural chemical and seed company, known for its comprehensive offerings in seed, crop protection, and digital solutions
• In July 2020, Barenbrug Australia Pty Ltd entered into a licensing agreement with Nuseed Pty Ltd, allowing Barenbrug to utilize Nuseed’s portfolio of sorghum and sunflower germplasm. Nuseed is a global agriculture innovator enabling the transformation of select crops into renewable and traceable sources of lower-carbon energy, and plant-based nutrition. This agreement included responsibilities for research and development, plant breeding, and commercialization services. Additionally, Barenbrug was granted rights to Nuseed's grain sorghum, forage sorghum, and sunflower sales and distribution, enhancing its market position in Australia. Barenbrug is one of Australia's leading seed businesses specialising in research and development, marketing, extension and distribution of proprietary pasture and forage seeds, cropping, turf and seed enhancement technology.
• In February 2020, S&W acquired Pasture Genetics Pty Ltd, the third-largest pasture seed company in Australia. This acquisition expanded S&W's product range and strengthened its sales and distribution partnerships in the Australian market.