8-K

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

FORM 8-K

Current Report Pursuant to Section 13 or 15(d) of

The Securities Exchange Act of 1934

August 14, 2007

Date of Report (Date of earliest event reported)

Agfeed Industries, Inc.

(Exact name of registrant as specified in its charter)

Nevada	000-28195	20-2597168
(State or other jurisdiction of incorporation)	(Commission File Number)	(I.R.S. Employer Identification No.)

1095 Qing Lan Avenue

Economic and Technical Development Zone

Nan Chang City, Jiangxi Province

China, 330013

(Address of principal executive offices)

86-0791-2189878

(Registrant’s telephone number, including area code)

(Former name or former address,

if changed since last report.)

Item 2.02. Results of Operations and Financial Condition.

On August 15, 2007, AgFeed Industries, Inc. (“AgFeed”) issued a press release regarding its financial results for the quarter ended June 30, 2007. A copy of this release is attached hereto as Exhibit 99.1 and is incorporated herein by reference. The information in this Item 2.02 (including Exhibit 99.1) is being “furnished” and shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”) or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, whether made before or after the date of this report, except as shall be expressly set forth by specific reference in such filing.

On August 14, 2007, AgFeed Industries, Inc. (“AgFeed”) issued a press release regarding the timing of the announcement of its financial results for the quarter ended June 30, 2007. A copy of this release is attached hereto as Exhibit 99.2 and is incorporated herein by reference. The information in this Item 2.02 (including Exhibit 99.2) is being “furnished” and shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”) or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, whether made before or after the date of this report, except as shall be expressly set forth by specific reference in such filing.

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SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

	AGFEED INDUSTRIES, INC
Date: August 16, 2007	By:	/s/ Xiong Junhong
		Name: Xiong Junhong
		Title: Chief Executive Officer

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EXHIBIT INDEX

Exhibit No.Description

99.1 Press Release dated August 15, 2007.

99.2 Press Release dated August 14, 2007.

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EX-99.1

AgFeed Industries Reports 2^nd Quarter Financial Results - Net Income Up 510%, Revenues Up 229%, Net Income Margin Exceeds 21%, $0.06 Per Fully Diluted Share

NEW YORK, August 15, 2007 (PRIME NEWSWIRE) -- AgFeed Industries, Inc. (OTC BB:AGFI.OB - News) (website:http://www.agfeedinc.com), a leader in China's premix animal nutrition industry, announced today financial results for the second quarter ended June 30, 2007 and the first half of fiscal 2007.

The following are some of the key performance highlights as filed with the SEC:

For the three months ended June 30, 2007, AgFeed’s net income increased 510% to approximately $1.46 million or $0.06 per fully diluted share compared to the same period during 2006. Net revenue increased to approximately $6.89 million, up approximately 229%, and gross profit increased approximately $2 million or 151% compared to the same period in 2006.

During the six month period ended June 30, 2007, AgFeed’s net income increased to approximately $2.24 million or $0.09 per fully diluted share compared to the same period in 2006. The Company’s revenues increased to approximately $11.8 million, up 183% and gross profit increased to approximately $3.5 million or a 123% increase, compared to the same period in 2006.

OPERATIONAL HIGHLIGHTS:

Agfeed successfully completed $9.83 million in two rounds of equity financing during the first half of 2007 with institutional and accredited investors led by an affiliate of global strategic investment firm - Apollo Management. The Guangxi Huijie subsidiary, acquired in December of 2006, contributed approximately 27% of the Company’s revenues and approximately 26% of the total volume of products sold during the period. The Airubao Series of products that the Company introduced earlier this year was very successful, contributing approximately $5.3 million in sales. Dr. Lixiang Zhang, Mr. John Egan, Jr., and Mr. Robert Masucci were appointed to the Board of Directors as independent members. Mr. Nicholas Giordano was retained by the Company as a strategic advisor.

MANAGEMENT COMMENTS:

Mr. Junhong Xiong, CEO of AgFeed commented, “In a favorable market environment which pork prices have continued to increase in China, we see continued market expansion and growth in our premium animal feed industry. As one of the leaders in China’s market for premix animal nutritional products, AgFeed has achieved strong revenue and net income growth through the introduction of new products, the successful acquisition and integration of our Guangxi Huijie operating subsidiary, and the opening of more retail chain stores. To date, we have opened over 250 chain stores and anticipate continued growth throughout 2007.”

Mr. Xiong continued:” Rising consumer incomes across China lead to greater demand for better and more meat products which encourage hog farmers to substantially increase stock in animal production. Market demand for our premium animal feed products benefits from such industry demand and our business remains strong. We are confident that AgFeed is on track to continue achieving revenue and profit growth throughout 2007.”

Songyan Li, Ph.D., Chairman of AgFeed commented, “We appreciate the much valued strategic guidance from our highly experienced independent board members and advisors. AgFeed will continue to grow our business while remaining focused on strong corporate governance.”

About AgFeed Industries, Inc.

AgFeed Industries is a China-based animal nutritional product company whose securities are publicly traded in the United States. Through its operating subsidiaries in China, AgFeed is a leading manufacturer, marketer and distributor of premix animal nutrition products targeting China's growing animal feed market. China's animal feed market was approximately $40 billion in 2006 according to China Feed Industry Association.

Safe Harbor Statement

All statements in this press release that are not historical are forward-looking statements made pursuant to the ``safe harbor'' provisions of the Private Securities Litigation Reform Act of 1995. You are cautioned not to place undue reliance on any forward-looking statements in this press release as they reflect AgFeed's current expectations with respect to future events and are subject to risks and uncertainties that may cause actual results to differ materially from those contemplated. Potential risks and uncertainties include, but are not limited to, the risks described in AgFeed's filings with the Securities and Exchange Commission, including, but not limited to, our Quarterly Report on Form 10-QSB for the quarter ended June 30, 2007 that we filed with the Securities and Exchange Commission on August 14, 2007.

Contact:

AgFeed Industries, Inc.

Mr. Sam Zhou, Corporate Development

Tel: 011-86-13925912908

Email: info@agfeedinc.com

Website: www.agfeedinc.com

EX-99.2

Press Release Source: AgFeed Industries, Inc.

AgFeed Industries Will Report Record 2nd Quarter Financial Results Before Market Opens On August 15, 2007

Tuesday August 14, 7:00 am ET

NEW YORK, Aug. 14, 2007 (PRIME NEWSWIRE) -- AgFeed Industries, Inc. (OTC BB:AGFI.OB - News) (website: http://www.agfeedinc.com), a leader in China's premix animal nutrition industry and the first such company publicly traded in the U.S., announced today that the Company will report record earnings for its second quarter ended June 30, 2007, before market opens on August 15, 2007.

About AgFeed Industries, Inc.

AgFeed Industries is the first China-based animal nutritional product company publicly traded in the U.S. Through its operating subsidiaries, which were founded in 1995 in China, AgFeed is a leading manufacturer, marketer and distributor of premix animal nutrition products targeting China's vast and growing animal feed market. China's animal feed market was approximately $40 billion in 2006 according to China Feed Industry Association.

Safe Harbor Statement

All statements in this press release that are not historical are forward-looking statements made pursuant to the ``safe harbor'' provisions of the Private Securities Litigation Reform Act of 1995. You are cautioned not to place undue reliance on any forward-looking statements in this press release as they reflect AgFeed's current expectations with respect to future events and are subject to risks and uncertainties that may cause actual results to differ materially from those contemplated. Potential risks and uncertainties include, but are not limited to, the risks described in AgFeed's filings with the Securities and Exchange Commission.

Contact:

AgFeed Industries, Inc.

Mr. Sam Zhou, Corporate Development

+011-86-13925912908

info@agfeedinc.com

Source: AgFeed Industries, Inc.