• Bloomberg


The association of Hokkaido dairy farmers, known as Hokuren, has agreed with Japan’s biggest milk manufacturers on price increases of as much as 24 percent for the next fiscal year as the cost of feed rises.

The association will raise the price of milk by 3 percent, or ¥3 per kg. The price of milk used for butter will be raised by 9 percent, or ¥5 , while that for domestic Gouda and cheddar cheese will be raised 24 percent, or ¥10, Hokuren said in a release posted on its Web site Thursday.

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