July 25, 2013

Meiji Company in Japan will increase milk products up to 4 percent from October citing weak yen and increased costs



"Meiji Co will increase the shipment price for milk by between 1-4% starting from Oct 1. It will be the first shipment price hike since March 2009 and it will affect the price of raw milk.Other dairy product companies are expected to follow ...due to the rise in imported formula feed costs brought about by the weak yen, as well as the cost of packaging materials."




Source: 
Meiji to hike milk shipment prices by up to 4%
25th July, 2013
Japan Today

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