Exhibit 99.1
                               AGRIBIOTECH, INC.

                    Pro Forma Combined Financial Information

                                  (Unaudited)

The following pro forma combined  summary of operations  combines the results of
operations of  AgriBioTech,  Inc.  ("ABT"),  Oseco Inc.  ("Oseco"),  Allied Seed
Division  of  Agway,  Inc.  ("Allied"),  and  other  individually  insignificant
acquisitions  since July 1, 1998 (collectively  "Other  Acquisitions") as if all
acquisitions  occurred at the beginning of the period  presented.  The pro forma
combined  summary  of  operations  reflects  known  changes  resulting  from the
acquisitions  but  does  not  reflect  impacts  of any  changes  in  operations,
anticipated efficiencies and synergies from consolidation.

A pro forma combined summary balance sheet as of March 31, 1999 is not presented
since the above acquisitions are reflected in ABT's  consolidated  balance sheet
as of March 31, 1999.

The pro forma combined financial  information does not purport to represent what
ABT's  financial  position or results of operations  would actually have been if
such  transactions  had,  in  fact,  occurred  on the  above  dates  and are not
necessarily  representative of any future period.  The pro forma adjustments are
based on preliminary estimates,  available information,  and certain assumptions
that management deems  appropriate and may be revised as additional  information
becomes available.  The pro forma combined financial  information should be read
in  conjunction  with the historical  financial  statements of ABT,  Oseco,  and
Allied  included  herein or previously  filed with the  Securities  and Exchange
Commission.

<PAGE>

                           AGRIBIOTECH, INC. ("ABT");

                    Pro Forma Combined Summary of Operations

                                   (Unaudited)

                        Nine months ended March 31, 1999


<TABLE>
<CAPTION>
                                                                                  Other                                Pro Forma
                                          ABT (A)       Oseco (A)  Allied Seed(A) Acquistions(A) Adjustments           combined
                                       -------------    ---------    ---------    -----------    -----------        -------------
<S>                                    <C>              <C>          <C>          <C>            <C>                <C>
Net sales                              $ 271,975,975    $ 946,770    $ 727,025    $ 6,966,421    $  (499,683) (E)   $ 279,106,963
                                                                                                  (1,009,545) (G)
Cost of sales                            202,317,624      591,763      707,795      5,968,985       (499,683) (E)     208,179,524
                                                                                                    (906,960) (G)
                                       -------------    ---------    ---------    -----------    -----------        -------------
 Gross profit                             69,658,351      355,007       19,230        997,436       (102,585)          70,927,439

Operating expenses                        73,374,229      408,125      363,815      1,745,945        924,672  (B)      76,310,936
                                                                                                     (40,790) (F)
                                                                                                    (465,060) (G)
Special charges                            1,956,946         --           --             --             --              1,956,946
                                       -------------    ---------    ---------    -----------    -----------        -------------
  Income (loss) from operations           (5,672,824)     (53,118)    (344,585)      (748,509)      (521,407)          (7,340,443)

  Interest Expense                        (7,836,358)        --        (41,515)      (180,046)       540,169  (C)      (7,452,115)
                                                                                                      65,635  (G)
  Interest Income                            356,494         --           --            5,819           --                362,313
  Earnings of associated entity              829,184         --           --                            --                829,184
  Other                                      153,109         --             78        (62,445)          --                 90,742
                                       -------------    ---------    ---------    -----------    -----------        -------------
Other income (expense)                    (6,497,571)        --        (41,437)      (236,672)       605,804           (6,169,876)

 Earnings (loss) before income taxes     (12,170,395)     (53,118)    (386,022)      (985,181)        84,397          (13,510,319)


Income tax expense (benefit)                  41,251         --           --             --             --                 41,251
                                       -------------    ---------    ---------    -----------    -----------        -------------
 Net earnings (loss)                     (12,211,646)     (53,118)    (386,022)      (985,181)        84,397          (13,551,570)

Discount and imputed dividends on
 preferred stock                                --           --           --             --             --                   --
                                       -------------    ---------    ---------    -----------    -----------        -------------
 Net earnings (loss) attributable to
  common stock                         $ (12,211,646)   $ (53,118)   $(386,022)   $  (985,181)   $    84,397        $ (13,551,570)
                                       =============    =========    =========    ===========    ===========        =============

Shares of common stock used in
 computing  loss per share:
  Basic                                   39,974,001                                               1,679,054  (D)      41,653,055
  Diluted                                 39,974,001                                               1,679,054  (D)      41,653,055
                                       =============                                             ===========        =============
Net earnings (loss) per common share:
    Basic                              $       (0.31)                                                                     $ (0.33)
    Diluted                                    (0.31)                                                                       (0.33)
                                       =============                                                                =============
</TABLE>
<PAGE>

                               AGRIBIOTECH, INC.

               Notes to Pro Forma Combined Financial Information

                                  (Unaudited)

(A)  The nine months  ended March 31, 1999 for ABT includes  the  operations  of
     Allied from August 28, 1998 through March 31, 1999, the operations of Oseco
     from  September 1, 1998 through March 31, 1999, and the operations of Other
     Acquisitions for the period from their respective acquisition dates through
     March 31,  1999.  The amounts in the Oseco,  Allied and Other  Acquisitions
     columns  include  such  acquisitions  for periods from July 1, 1998 through
     their respective acquisition dates.

(B)  To reflect  depreciation of property,  plant and equipment and amortization
     of intangible  assets based on market value  adjustments in connection with
     applying  purchase   accounting.   Intangible  assets  resulting  from  the
     application of purchase  accounting include goodwill  (amortized over 10 to
     30 years, with a weighted average of 18 years) and covenants not to compete
     (amortized over 5 to 10 years).

(C)  To adjust interest expense for the cash purchase price of the acquisitions.
     Interest  expense was computed on the cash purchase  price of $50.2 million
     for the periods  prior to  acquisition  using an average  interest  rate of
     7.5%.  The pro forma  interest  expense  was then  reduced to  reflect  the
     assumption that payments  required to be made in the acquisitions  would be
     obtained through  approximately  $36.2 million of proceeds from the sale of
     the Company's common stock in private  placement  transactions  from August
     1998 through March 1999 and the balance of $14.0 million from the Company's
     5% convertible debentures.

(D)  To reflect the impact on average shares outstanding of shares of ABT common
     stock issued in  connection  with the  acquisitions  (535,188)  and private
     placements  (1,143,866)  of the Company's  common stock as if they had been
     outstanding for the entire period.

(E)  To eliminate intercompany sales and other revenue.

(F)  Prospective  reductions  in  compensation  of  former  owners  of  acquired
     entities,  employee benefits,  management fees, and property rent resulting
     from employment agreements,  property purchased directly from former owners
     and  other  contractual   arrangements  entered  into  in  connection  with
     acquisitions.

(G)  To eliminate the operations of the fertilizer  division of one of the Other
     Acquisitions that when purchased on August 21, 1998 was intended to be sold
     and was sold in December 1998.