Redwood Group International (RDWD)

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600 million hogs raised in China each year.

AgFeed Industries Is Not Affected by Earthquake in Western China
Monday May 12, 1:43 pm ET


NEW YORK, NY--(MARKET WIRE)--May 12, 2008 -- AgFeed Industries, Inc. (NasdaqGM:FEED - News), 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.