Japanese giant buys into Australian grain industry

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Updated March 9, 2010 11:25:19

Japanese giant Sumitomo has jumped into the Australian grain industry, buying a half stake in Aussie exporter Emerald. Sumitomo is the latest international player to buy into the multi-billion dollar industry. Chairman of Emerald, Alan Winney says the company wants to increase its share of the harvest next year.

Presenter: Will Ockenden
Speakers: Alan Winney, chairman Australian grain exporter, Emerald

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