Investor Questions

  1. Should I hold my stock, or sell it?
  2. Regarding the potential “carve-out” of the animal nutrition business, will the company report a gain on the portion of the company sold in the “carve-out”?
  3. Is there any financing requirement that the company has for FY 2011?
  4. Questions posed to AgFeed by Reuters on 17 March 2011 as a follow up to our year-end 2010 earnings release
    1. In the release, you mention taking write-downs and reserves related to the restructuring of a business unit. Which business unit is it and could you detail the restructuring actions?
    2. You also mention cutting your workforce from 1,843 to 1,673. When did this workforce reduction occur?
    3. You mention that you commenced the closing of 8 legacy Chinese hog farms. When did you commence this Q4, or during 2010? Also, what impact will this have on 2011 revenues?
    4. And lastly, what impact do you see on your business from the Japan earthquake and Tsunami?
  5. From 2009 to 2010, cash was down approximately 66% while accounts receivable was up approximately 50%. To what is this attributable?   
  6. Are the write-downs completed?    
  7. Given the $14.9 million loss for Chinese Legacy Farms for 2010, what are the expectations for 2011 on the legacy farms that remain in operation but produced a $6 million loss in 2010?