May 20, 2009

AgFeed enters joint venture with US hog producer

AgFeed Industries one of the largest independent hog production and animal nutrient companies in China has entered into a letter of intent to form a joint venture with M2P2, a leading US hog production and industry management consulting company.


Formed in 2003, M2P2 merges expertise in all phases of hog production, from birth to market, into one company, and currently operates in six states throughout the US and owns and operates 28,500 sows and finishes 1,200,000 market hogs annually.


The joint venture will be a Pan-Asian based production management company focused on introducing the western model of modern production systems.


The management services offered will include facility planning, international staff training, science based genetics, bio security and interactive information systems to upgrade pork production systems throughout Asia.


Additionally, AgFeed, Hypor and M2P2 will explore the joint development of genetics programmes to distribute genetics and bio-security practices across Pan-Asian markets.

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