SOURCE: AgFeed Industries, Inc.

May 12, 2008 13:44 ET

AgFeed Industries Is Not Affected by Earthquake in Western China

NEW YORK, NY--(Marketwire - May 12, 2008) - AgFeed Industries, Inc. (NASDAQ: FEED), a leader in China's pre-mix feed and hog raising industry, announced today that the recent earthquake in Western China's Si Chuan Province did not affect either AgFeed's hog farms or pre-mix animal feed production facilities. The earthquake's epicenter was approximately 1,000 miles from any of AgFeed's operations.

About AgFeed Industries, Inc.

Through its China-based operating subsidiaries, NASDAQ-listed AgFeed Industries (www.agfeedinc.com) is a market leader in China's fast growing pre-mix animal feed and hog raising industries. The pre-mix market in which Agfeed operates is an approximately $1.6 billion segment of China's $40 billion per year animal feed market, according to the China Feed Industry Association. There are approximately 600 million hogs raised in China each year, compared to approximately 100 million in the U.S.

Contact Information

  • Contact Information:

    U.S. Contact:
    Mr. Arnold Staloff
    Independent Board Member
    AgFeed Industries, Inc.
    Tel: 212-631-3510

    Corporate Contact:
    Mr. Sam Zhou
    Corporate Development
    AgFeed Industries, Inc.
    Tel: 011-86-13925912908
    Email: info@agfeedinc.com