SOURCE: Paragon Financial Limited

Paragon Financial Limited

September 29, 2011 08:16 ET

AgFeed and Zhongpin Optimistic on Growth Prospects

The Paragon Report Provides Equity Research on AgFeed Industries & Zhongpin

NEW YORK, NY--(Marketwire - Sep 29, 2011) - The Paragon Report examines investing opportunities in China's Consumer Goods Sector and provides equity research on AgFeed Industries, Inc. (NASDAQ: FEED) and Zhongpin, Inc. (NASDAQ: HOGS). Access to the full company reports can be found at:

The latest stats show that farmers are earning in the neighbourhood of $200 per hog -- the highest price in decades -- stoking inflation worries while setting pork suppliers fidgeting upon the potential shake-up in the industry. These numbers have prompted the Chinese government step in to stabilize the market. This is welcome news for larger agricultural firms, as generous government investments are encouraging increased hog production. The communist government said it would invest heavily in the large-scale pig farms and raise subsidies to encourage pig farmers to stay in the business. The Chinese Government says that it will invest 2.5 billion yuan ($390 million) in large pig farms this year. Also, all farmers and pig farms will receive a subsidy of 100 yuan for every sow they raise.

The Paragon Report provides investors with an excellent first step in their due diligence by providing daily trading ideas, and consolidating the public information available on them. For more investment research on China's Consumer Goods Sector register with us free at and get exclusive access to our numerous stock reports and industry newsletters.

Zhongpin believes the outlook for China's pork processing industry remains quite positive. For the year 2011, Zhongpin expects sales revenues should be within a range of US$1.33 billion to $1.37 billion.

Despite writing off some of the more than 30 hog farms acquired in the last two years, AgFeed Industries continues to be a growing player in China's hog production sector. AgFeed and the local government together act in partnership with local farmers to secure the necessary financing, provide the necessary guidance, technical and nutritional support in order for the farmers to improve their productivity. AgFeed's global production system will be structured to assure clients and business partners a reliable supply of competitively priced pork. The company says it expects to initially supply pork from its established production base in the United States and our burgeoning production base in China.

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