Episode Transcript
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Speaker 1 (00:00):
The Farmer panel with the Azuzu Dmax the Kiwi U'te
built Tough with Truck DNA today's Farmer panel. Brother and
sister one was the Young Farmer of the Year and
twenty twenty two Tim Dangel his younger sister Emma Paul
the Young Farmer of the Year the following year, twenty
twenty three. I want to start with you, Tim. You've
gone down to Southland, that farming Eldorado to make your fortune.
(00:24):
Now are you a bit worried about the price of milk?
Speaker 2 (00:27):
You get Jamie Good to be here. It certainly looks
like it's got a bit of pressure on it, doesn't it.
We were pretty ambitious with our fixing early on, so
we did locks and so we've covered ourselves from a
rest perspective there somewhat. But it's certainly on a bit
of a downward trend. So you just got to be
mindful of it and make sure that we don't get
too carried away with our spending this season, and just
(00:49):
wait to see where it ends up.
Speaker 1 (00:50):
Mind you, If it is nine dollars fifteen, it could
well end there for this season. I note that the
futures market's currently at nine sixty two for this season,
and you can take that with a grain of salt,
But that's okay. You can still make money perhaps of
more concern, and there's a lot of water to go
under the bridge between now. On the twenty six twenty
seven season, it's sitting at eight dollars ninety three. And
(01:13):
if we got down to that, Tim dangein Dairy and
z tell us it costs eight dollars sixty or something
to make a kilogram of milk solids, Well, it becomes
more of a marginal business.
Speaker 2 (01:25):
Yeah, it does, Jaman. This is just the game we play,
isn't it. We're just in the usual cyclical trend that
we see with dairy farming. So you just got to
make sure that you're keeping an eye on your own
cost within your business and you don't get too carried
away with your spending. I always suddenly grew mindful of
what next season is looking like, and we will possibly
cover ourselves with the brisk mitigation there as well. I'd
(01:47):
say that you did right on nine dollars fifty. It
is still good money to be made, so I think
it's a little bit frustrating that Fronterra came out with
the early signaling of ten dollars, which probably put a
bit of extra fuel in the system for far is
that has led to a bit of extra supprament being
fed and extra milk being creative throughout the country, which
(02:08):
fuels the problem in itself, doesn't it. But we're still
we're still happy at nine dollars fifty and we're loving
things down here in Southland. So we'll keep driven away now.
Speaker 1 (02:16):
That the storm's over. Will come back to the storm, Emma,
Paul and Waikato. Is Fonterra guilty of fanning the flames
a bit on this? In this case, ten dollars always
seemed ambitious. And I found the interesting thing right at
the beginning of the season when Fonterra, I think, by memory,
set a low point of eight, a high point of eleven,
and a mid point of ten.
Speaker 3 (02:38):
Good afternoon, Jamie. You thanks for being here, but you're
not wrong there. And I guess that wide range at
the very beginning signaled that there was uncertainty about and
what goes up must come down, Jamie. And we've had
a pretty good run with dairy lately, haven't we, So
it's not surprising that it might be on its way
back back down. And I see that you talked about
darien Z with the cost of production eight dollars sixty eight,
(03:01):
they've actually lifted that from eight dollars forty one. So
whether or not there's the supplement uses playing into the
cost of production there. But what the really interesting thing
I think is that with a bit of extra money
floating around, the use of supplement has increased, and with
that we've seen a lift in production. So we quite
often have discussions around the way, kiddo, whether what system
(03:23):
you should be running, whether it should be a one
or a five, and how much supplement you should be using.
But it goes to show that if you do put
in strategic use of supplement and use it at the
right time, you can actually balance out those deficits you
get in grass farming and lift the cow production. Which
is a good efficiency story there, isn't it.
Speaker 1 (03:39):
Well, it's a mathematical equation, isn't it. When you've got
a high payout ten dollars, check it in one end,
it comes out the other.
Speaker 3 (03:46):
If only it was that simple, you can then certainly
waste a lot of money checking it in one end
while you've got a grass surplus and not managing that properly, Jamie.
So you've got to keep your finger on.
Speaker 2 (03:55):
The tab for sure.
Speaker 3 (03:56):
But grass is definitely not a perfect diet for a
our cows, and we're seeing sort of a decrease in
fiber in the grass that's coming about these days, so
it's really essential to make sure that you're balancing the
protein and energy with those supplements.
Speaker 2 (04:10):
Strategically.
Speaker 1 (04:11):
You're suggesting, and you've got a background not only as
a dairy farmer and a former Young Farmer of the Year,
you're a trained vet and you're suggesting that carf rearing,
more carf rearing on dairy farms and moving the operation
or diversifying the operation into a beef operation as well,
would be a good thing to do because of all
(04:33):
the stables in the primary sector. At the moment, I'd
have to say red meat and particularly beef, looks the
best story.
Speaker 2 (04:39):
Now.
Speaker 3 (04:40):
Beef's looking bloody brilliant, isn't it. It's nat to see
that they're having their turn after we're at ours. But
I won't give away all my secrets, Jamie, but you
we've certainly been wearing calves here on our farm for
the last ten seasons and it's just such a lovely
supplement to the dairy income, especially when things start heading southward,
to know that you've got another option. And for the
(05:01):
first time ever this year we saw no increase in
milk price powder. We didn't see an increase in palette
price really, but the price of wieners that's beef cross
dairy calves that are coming out of our dairy herd.
The price of sale at the other ends had about
two hundred dollars extra on it from previous season, so
(05:21):
pretty remarkable story. And I know Dad up north was
taking a trailer full of sheep to the sales and
selling his sheep for three hundred dollars ahead and picking
up four day old calves for thirty dollars ahead. So
who's buying ten calves for every sheep he sold, which
is just a crazy story in itself.
Speaker 1 (05:36):
I think Tom danngin down on Southland a month on
from the big stormhouse the recovery going.
Speaker 2 (05:42):
Yeah, we're going good, Jamie. We've still got a handful
of trees to clean up, but we had a really
good pash at it in the last week or so.
The weather has come right fortunately, so most farmers are
just getting on with the job that's in front of them.
Speaker 3 (05:53):
Really.
Speaker 2 (05:54):
It's a very busy time of the year, as you
can imagine, so you've got all the usual things happening
with mating and and bailage been made flat out, so
we're just sort of chipping away and taking a long
term approach. But another couple of weeks and we'll be
back to normal hopefully.
Speaker 1 (06:08):
Are you coming to the Southern Storm Shout at the
twenty seventeen Young Farmer of the Year's place between Milton
and Bealclouth next Thursday.
Speaker 2 (06:17):
Yeah, I'll be up there, Jamie. It's awesome that Nigel
Leanna a willing to host a bunch of hungry and
thirsty farmers. So we'll come along for a free drink
and a feed, and you'll try to bring some of
the stuff along as well. Looking forward to it.
Speaker 1 (06:30):
Maybe we should fly you and Emma as a celebrity guest.
Speaker 3 (06:34):
I'm about to have a baby, remember, Jamie, so a
right opportunity leave after this.
Speaker 1 (06:38):
That's a good excuse not to be drinking. We will.
We will leave you in peace. When does the baby
jew by the way.
Speaker 3 (06:44):
Early December, Jamies. So we've got a couple of weeks
off our sleeves, unless.
Speaker 2 (06:48):
Maybe it's a short gestation.
Speaker 1 (06:49):
Well, I better get I better get one more panel
in before the birth, I think, because you might be
out of action for a week or two. Knowing you
probably not, but anyhow, hey, good luck, Thank you so
much the pair of you for your time. That is
their Farmer panel, Tim Benson and Number Paul go well,
guys
Speaker 2 (07:03):
Kids, Jamie, Thanks Jamie,