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AgFeed Industries, Inc. Announces That the Company Has Never Utilized Melamine in its Products or Raw Material

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AgFeed Industries, Inc. Announces That the Company Has Never Utilized Melamine in its Products or Raw Material

NEW YORK, Oct. 30 /Xinhua-PRNewswire/ -- AgFeed Industries, Inc. (Nasdaq: FEED) the largest commercial hog producer and the largest premix feed company in China is pleased to announce that in the wake of concerns regarding the use by some companies of melamine to artificially increase the level of protein in animals, AgFeed has never used such chemical. In this regard, AgFeed has requested and has received early government testing and has been declared, for all of the company's products and raw materials, melamine free.

About AgFeed Industries, Inc.

NASDAQ Global Market listed AgFeed Industries (www.agfeedinc.com) is a US company with its primary operations in China. AgFeed has two profitable business lines -- premix animal feed and hog production. AgFeed is China's largest commercial hog producer in terms of total annual hog production as well as the largest premix feed company in terms of revenues. China is the world's largest hog producing country that produces over 600 million hogs per year, compared to approximately 100 million hogs in the US. China also has the world's largest consumer base for pork consumption. Over 65% of total meat consumed in China is pork. Hog production in China enjoys income tax free status. The pre-mix feed 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.

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

     Corporate Contact:
     Gerry Daignault
     Chief Operating Officer
     AgFeed Industries, Inc.
     Tel: 615-480-7847

SOURCE AgFeed Industries, Inc.

International News / Press Release source: PR Newswire
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