WA Dairy Industry In Deep Trouble

If WA dairy industry thought they could escape the horrors of the milk supply glut-both here in OZ and Overseas-then they have come down to earth with a thud!

"South West dairy farmers fight for livelihoods after milk contracts scrapped"

http://www.abc.net.au/news/2016-08-14/south-west-dairy-farmers-unable-to-find-home-for-milk/7726328

Financial ruin is upon many in the WA industry.

So, it raises the Q: is this a good time for IAG?

IMO, the timing could not be worse.

PS: the only saving "grace" is if-and it's an Almighty "IF"-1AG secures major supply off-takes agreements, especially in high value products sold in export markets. Otherwise...?

DYOR