Agfeed Industries Inc. (NASDAQ: FEED | Quote | Chart | News | PowerRating) through its subsidiaries, engages in the research and development, manufacture, marketing, and sale of fodder and blended feed for use in the domestic animal husbandry markets primarily in the People''s Republic of China. The company also involves in raising, breeding, and selling hogs for use in China''s pork production and hog breeding markets. Its products primarily include additive premix fodder for use in all stages of a pig''s life, and blended feeds. The company offers its products primarily to distributors and large scale pig farms. As of December 31, 2008, the company had 1 breeder farm and 29 meat hog producing farms in the Jiangxi, Shanghai, Hainan, Guangxi, and Fujian provinces. The company was founded in 1995 and is headquartered in Nanchang City, the People''s Republic of China. With 38.3 million shares outstanding and 1.93 million shares declared short as of April 2009, there is a failure to deliver in shares of FEED. According to quarterly data provided by the SEC, there were still 456,851 shares of FEED that were failing-to-deliver as of May 8, 2008.
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