Hototc Featured Company: AgFeed Industries, Inc. (FEED)
Vertical integration is one of the better ways to become economically sound in the animal feed market. But when a company starts integrating and dealing with the population of China, the numbers begin to multiply quickly. AgFeed Industries, Inc., one of China’s domestic leaders of premix animal feed, is currently embarking on an expansion program into hog raising, while continuing to sign significant feed contracts with larger regional customers. On the hog front, the company indicates that it expects to produce 120,000 hogs (in2008) from 5 recently acquired hog farms and one existing farm. Ranging from 55% to 100% control…