-----BEGIN PRIVACY-ENHANCED MESSAGE-----
Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
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 TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB
MIC-Info: RSA-MD5,RSA,
 P0sG26A91Pz8IE2BwppscPD/GAMxQNX5Xa0OMSHjfCuuZYE+OnMO+oVtVE3fOlzr
 DeWQBwodTxsvpAcy3bqtUg==

<SEC-DOCUMENT>0001144204-08-057022.txt : 20081010
<SEC-HEADER>0001144204-08-057022.hdr.sgml : 20081010
<ACCEPTANCE-DATETIME>20081010123445
ACCESSION NUMBER:		0001144204-08-057022
CONFORMED SUBMISSION TYPE:	4/A
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20080925
FILED AS OF DATE:		20081010
DATE AS OF CHANGE:		20081010

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			Daignault Gerard R
		CENTRAL INDEX KEY:			0001443846

	FILING VALUES:
		FORM TYPE:		4/A
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-33674
		FILM NUMBER:		081117707

	BUSINESS ADDRESS:	
		BUSINESS PHONE:		615-480-7847

	MAIL ADDRESS:	
		STREET 1:		127 BLUE RIDGE DR
		CITY:			HENDERSONVILLE
		STATE:			TN
		ZIP:			37075

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Agfeed Industries, Inc
		CENTRAL INDEX KEY:			0001331427
		STANDARD INDUSTRIAL CLASSIFICATION:	GRAIN MILL PRODUCTS [2040]
		IRS NUMBER:				202597168
		STATE OF INCORPORATION:			NV
		FISCAL YEAR END:			1231

	BUSINESS ADDRESS:	
		STREET 1:		1095 QINGLAN AVENUE
		STREET 2:		ECONOMIC AND TECHNOLOGICAL DEVELOPMENT Z
		CITY:			NAN CHANG CITY, JIANGXI PROVIN
		STATE:			F4
		ZIP:			330013
		BUSINESS PHONE:		662-262-9347

	MAIL ADDRESS:	
		STREET 1:		1095 QINGLAN AVENUE
		STREET 2:		ECONOMIC AND TECHNOLOGICAL DEVELOPMENT Z
		CITY:			NAN CHANG CITY, JIANGXI PROVIN
		STATE:			F4
		ZIP:			330013

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	Wallace Mountain Resources Corp.
		DATE OF NAME CHANGE:	20050627
</SEC-HEADER>
<DOCUMENT>
<TYPE>4/A
<SEQUENCE>1
<FILENAME>v128573_ex.xml
<TEXT>
<XML>
<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0303</schemaVersion>

    <documentType>4/A</documentType>

    <periodOfReport>2008-09-25</periodOfReport>

    <dateOfOriginalSubmission>2008-09-26</dateOfOriginalSubmission>

    <notSubjectToSection16>0</notSubjectToSection16>

    <issuer>
        <issuerCik>0001331427</issuerCik>
        <issuerName>Agfeed Industries, Inc</issuerName>
        <issuerTradingSymbol>FEED</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001443846</rptOwnerCik>
            <rptOwnerName>Daignault Gerard R</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>127 BLUE RIDGE DR.</rptOwnerStreet1>
            <rptOwnerStreet2></rptOwnerStreet2>
            <rptOwnerCity>HENDERSONVILLE</rptOwnerCity>
            <rptOwnerState>TN</rptOwnerState>
            <rptOwnerZipCode>37075</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>0</isDirector>
            <isOfficer>1</isOfficer>
            <isTenPercentOwner>0</isTenPercentOwner>
            <isOther>0</isOther>
            <officerTitle>Chief Operating Officer</officerTitle>
        </reportingOwnerRelationship>
    </reportingOwner>

    <derivativeTable>
        <derivativeTransaction>
            <securityTitle>
                <value>Stock Option (Right to Buy)</value>
                <footnoteId id="F1"/>
            </securityTitle>
            <conversionOrExercisePrice>
                <value>9.32</value>
            </conversionOrExercisePrice>
            <transactionDate>
                <value>2008-09-25</value>
            </transactionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>A</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
            </transactionCoding>
            <transactionAmounts>
                <transactionShares>
                    <value>100000</value>
                </transactionShares>
                <transactionPricePerShare>
                    <value>0</value>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>A</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <exerciseDate>
                <value>2010-09-25</value>
                <footnoteId id="F1"/>
            </exerciseDate>
            <expirationDate>
                <value>2013-09-25</value>
                <footnoteId id="F1"/>
            </expirationDate>
            <underlyingSecurity>
                <underlyingSecurityTitle>
                    <value>Common Stock</value>
                </underlyingSecurityTitle>
                <underlyingSecurityShares>
                    <value>100000</value>
                </underlyingSecurityShares>
            </underlyingSecurity>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>100000</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </derivativeTransaction>
    </derivativeTable>

    <footnotes>
        <footnote id="F1">Explanation of Responses:  (1)  The option was granted to the reporting person on September 25, 2008 and vests in two
 installments - 66,667 vest on the second anniversary of the grant date and 33,333 vest on the third anniversary of the grant
 date.  The option is exercisable for five years from the date of grant.</footnote>
    </footnotes>

    <ownerSignature>
        <signatureName>/s/ William Uchimoto, Attorney in fact for Gerard R Daignault, under Power of Attorney previously filed</signatureName>
        <signatureDate>2008-10-10</signatureDate>
    </ownerSignature>
</ownershipDocument>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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