AgFeed added agriculture equity index
AgFeed Industries, a large independent hog production and animal nutrient company in China will be included among the 30 stock components that comprise the S-Network ITG Agriculture Index(SM), effective Sunday 20th September 2009.
According to its website, "the S-Network ITG Agriculture Index(SM) is an equity index designed to serve as an equity benchmark for globally traded stocks that are principally engaged in the Global Agriculture Industry. Companies included in the [index] are engaged in 'primary' agricultural operations, specifically the production of agricultural commodities."
Songyan Li, AgFeed's Chairman, commented: "AgFeed is pleased to be included among the elite group of global agricultural companies that comprise the S-Network ITG Agriculture Index(SM). We believe we will continue to provide shareholder value as we implement the phases of our strategic plan."
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