UPDATE: AgFeed Industries Announces Press Conference, NASDAQ MarketSite, Times Square

Media and Analysts Invited to Attend: COO/CEO to Present New Corporate Developments and Impact on Chinese Government and Consumer Health Safety


NEW YORK, April 13, 2010 (GLOBE NEWSWIRE) -- AgFeed Industries, Inc. (Nasdaq:FEED) (NYSE Alternext:ALHOG), one of the largest independent hog production and hog nutrient companies in China, today announced a Media and Analyst Conference.

When: April 14, 2010, 12:15 pm EDT

Where: NASDAQ MarketSite, 4 Times Square, New York, NY  

RSVP required for building security: 212 699-0999 or christina.flood@muncmedia.com

LIVE WEBCAST: Click here to schedule the LIVE WEBCAST LINK into your Outlook calendar. Select "open" then "save and close" when prompted. Click here to watch the event 4/14, 12:15pm

This conference follows on AgFeed's recent announcement of their admission to the NYSE Alternext, 2010's first cross-listing from a U.S. listed company. The company has also been identified by Forbes as one of China's Best 'Up-And-Coming' Businesses. COO and CEO of Hog Production, Gerry Daignault will be available for interviews before and after the video conference. Please contact Christi Flood, above, to schedule.

ABOUT AGFEED INDUSTRIES, INC.

NASDAQ Global Market listed AgFeed Industries (http://www.agfeedinc.com/) is a U.S. company with its primary operations in China. AgFeed has two profitable business lines -- animal nutrients in premix, concentrates and complete feeds and hog production. AgFeed is one of China's largest commercial hog producers in terms of total annual hog production as well as one of its largest hog nutrition companies in terms of revenues. China is the world's largest hog producing country that produced over 645 million hogs in 2009, compared to approximately 100 million hogs produced annually in the U.S. China also has the world's largest consumer base for pork consumption. Over 62% of total meat consumed in China is pork. Hog production in China enjoys income tax free status. The feed markets in which AgFeed operates represent a $20 billion segment of China's $58 billion per year animal feed market.

SAFE HARBOR DISCLOSURE NOTICE

This press release may contain forward-looking information about the Company. You can identify these statements by the fact that they use words such as "will," "anticipate," "estimate," "expect," "project," "intend," "plan," "believe," "target," "forecast" and other words and terms of similar meaning in connection with any discussion of future operating or financial performance or business plans and prospects. Readers are cautioned not to place undue reliance on forward-looking statements because actual results may differ materially from those expressed in, or implied by, the statements. For a list of factors that could affect the Company's results, see the Company's filings with the Securities and Exchange Commission, including "Item 7. Management's Discussion and Analysis of Financial Condition and Results of Operations," including "Cautionary Statement for Forward-Looking Statements," set forth in the Company's Annual Report on Form 10-K for the fiscal year ended December 31, 2009. Any forward-looking statement that the Company makes speaks only as of the date of such statement, and the Company undertakes no obligation to update any forward-looking statements, whether as a result of new information, future events or otherwise. Comparisons of results for current and any prior periods are not intended to express any future trends or indications of future performance, unless expressed as such, and should only be viewed as historical data. The information contained in this press release is made as of the date of the press release, even if subsequently made available by the Company on its website or otherwise.


            

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