Japan's Kirin to buy Australia's Dairy Farmers

Japan and australia ties in dairy foods business up with Kirin's buy up of Dairy farmers. Good mutual boost for japan/australia.

Sad day for Australian dairy farmers. And for the nation as a whole, a very risky move to give up a whole domestic industry to an overseas entity, especially the Japanese. Who have a history of driving up prices through cartels and price fixing. Mark my words your dairy food prices will be through the roof, like they are here in Japan, in less than 5 years. Sad indeed.

Dairy farmers need financial backing up, so they sold to kirin. There have done that for their economic expansions and continuity. May be a big corporation in australia, should buy the shares back with government assistance.

Dairy farmers need financial backing up, so they sold to kirin. There have done that for their economic expansions and continuity. May be a big corporation in australia, should buy the shares back with government assistance.

Mark my words your dairy food prices will be through the roof, like they are here in Japan, in less than 5 years. Sad indeed.

I dont think well complain that much at $1.39 for a liter of milk...

1 liter of milk or 1 liter of petrol, which is more important. If you want of feed the world it is milk, if want to get rich than it is petrol. No wonder the it gets difficult to feed the world, people think petrol is more important than milk for babies.

Is this for Japans import market and domestic consumption or for Australia's domestic consumption. I see! it is just a move for Kirin to hedge it income flow. This in no way has anything to do with the fact that japan only produces 40% of the food it eats.