Episode Transcript
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Speaker 1 (00:00):
Catch you're the latest from the land.
Speaker 2 (00:03):
It's the Country Podcast with Jamie McKay thanks to Brent.
You're specialist in John Dere construction equipment.
Speaker 3 (00:12):
And you're gone away here an I'll take you all
away by just come on.
Speaker 4 (00:28):
Get a New Zealand and welcome to the Country. Day
two following Friday's show, out'll be Taro on the studios.
Back to Nannina and HQ tomorrow. So I thought, off,
I'm in the Bay of Plenty. I'll get some Bay
of Plenty farming or primary sector royalty on the show
very shortly. Peter McBride, the chairman of Fonterra. He only
(00:48):
lives three minutes out of town unfortunately, but he's not
coming in to see me. I feel a week but
my but we're going to have a yarn to him
about that big announcement on Friday. Shane mcmanaway. He's not
in the Bay of Plenty. He is in the wire
wrapper and there's a bloke along with his lovely wife Lynette.
Did well in the corporate world himself, so he decided
to build a health center. As you do when you've
(01:09):
got a few spare dollars to spread around. What a champion.
He was honored. He was inducted into the Business Hall
of Fame late last week. We are also going to
chat to Bruce Cameron defferent Farming Royalty. Bruce is a
former chairman of Zesbury of course a former chairman or.
He was on the board of NSAID. Are you was
(01:30):
he the chair I'll have to ask him. He he
was a former junior All Black. Taboot caught up with
him on Friday night at Tapoke, the big fundraiser for
the footy club there with Shane Jones. More about that later.
Dom Jones joins us and Dom is he will hate
me saying this, but he's a corporate Kiwi fruit grower,
so really concentrating on the Kiwi fruit and the dairy
(01:52):
farming today here in the Bay of Plenty. Michelle will
update rural and news for you at the bottom of
the hour and tell us all about a promotion we've
got starting today with Beef and Lamb New Zealand and
Andy McDonald out of Auckland are producing the show today.
We'll have sports news for you. What a weekend it was,
What a long weekend. If you're a Southland Stags fan,
(02:14):
fantastic victory on Thursday night and Road to rua not
so flash and bonos Aire's on Sunday morning. But let's
kick it off with our weather man on a Monday,
Phil Duncan and fell on and it's our wrong of
the Bay of Plenty, and I can tell you what
they get plenty of rain here.
Speaker 5 (02:28):
Gee.
Speaker 4 (02:29):
It's been torrential in parts over the past few days.
Speaker 6 (02:33):
Yeah, gooday night to be back with you. These downpours
around the Upper North Island have been yeah, quite widespread
over the weekend, as you point out, and bringing hail
and slow moving gown pause. So a bit of a
frustrating weekend if you're trying to sort of plan outdoor
stuff with some of those downfall. Some of them were expected,
some of them weren't. And it's gradually today going to
break up as high pressure continues to move through the country.
Speaker 4 (02:56):
Mind, Jude, the South Island's been enjoying a bit of
a not palmy patch, but certainly a fine settled patch
because there's a big high plucked over the South Island
at the.
Speaker 6 (03:04):
Moment, really big high, and that high is drifting eastwards
this week. In fact, in a day or two, there's
going to be basically high pressure between New Zealand and
South America, just filling up the whole southern hemisphere. But
that's to our east. So what does that mean behind it?
Welcome to spring, and I don't mean that in a
necessarily warm, sunny way. I mean that in a windy
(03:25):
westerly way. The windy westerlyes are kicking in later this week,
over the weekend and into next week. So this is
going to be the first big westerly blast that we've
seen in a while, with potentially severe gales. And what
it does is it brings in a balancing act for
the rainfall. You ask people in northern Hawks Bay and
Gisbin tied arfter the East Cape, they are well and
(03:45):
truly over the cloud and the showers. So these windy
westerlies could be just what the doctor ordered to get
a spring in your stat for those eastern areas. But
it will bring in wintry weather to the South Island,
snow in the mountains and rain back to the west
coast where it should be falling, and not so much
over in Canterbury, phil.
Speaker 4 (04:01):
Of course, spring is the most unpredictable or unsettled of
the four seasons. Nothing unusual in these weather patterns.
Speaker 6 (04:11):
Yeah, I'm actually sort of stressing in the last week
or so, we really have two main seasons. We've got
winter in summer, and so spring and autumn are all
about the last season you've just had fading away and
the next one coming in. And I say that because
a lot of people are surprised, I mean your audience
not so much, but a lot of people are surprised
that you get winter storms in spring, and so we
(04:31):
always say it's just winter slowly fading away, tints of
summer coming in, and hopefully we will start to feel
that more and more. But there's always a heightened risk
of a snowstorm as we get into September, that's for sure.
Speaker 4 (04:41):
We're getting very close to September. What are we five
or six days away? And you know, I'm guilty of
saying August and September, September, especially September very important farming months.
Obviously carving sort of getting tidied up, but for the
sheep farmers anyhow, lambing September is very much a key month,
specially for the south you go, and of course for
(05:02):
the arable farmers who are trying to plant stuff. Get
stuff in the grounds. They don't want it to be
too wet, that's right.
Speaker 6 (05:09):
I mean, if you're in the eastern side, in the
very north of the country, then the next seven days
are going to be windy and sometimes warmer than it's
been in previous weeks. So that's not so bad for
a lot of populated sort of farming areas. But if
you're on the western and southern ends of both main islands,
then you are likely to be getting more cloud, more wind,
and that colder air is certainly going to be around
(05:30):
the South Island's west coast and the southern half of
the South Islands. In fact, the polar airflow will go
right up to the top of the country by Sunday,
but being westerly driven, to me, that's just a lot
more normal weather. But it does give you an indicator
that as we end the final day of August, which
is Sunday, and go into September on Monday next week,
it is going to be windy, cold, showery in a
(05:51):
number of places, but eastern areas will be the driest
by the looks of it.
Speaker 4 (05:56):
Now, I've got a personal interest question, sorry for the
rest of the country, but I'm involved in farming operation
down in Southland. We had the worst September or close
to it ever. We're just rained incessantly. It was a
terrible spring for the farmers at the bottom end of
the South Island. And I know other places and I
think of our friends in the Nelson Tasman region have
(06:17):
had it tough this winter. But what about spring for
the South.
Speaker 6 (06:21):
You know, it's funny. I was talking to your friend
Andy Muher the other day about this very thing, and
I was saying to him that the temperatures in Southland
at the moment are looking spring Lake. And by that
I mean, you know, a high today of fourteen or
fifteen in Gore and then down to minus one tonight,
but in a couple of days time, the overnight load
jumps up to seven degrees and then next week we've
(06:41):
got maybe snowshowers around on Sunday, or at least wintry
weather with a high of just six. So we've got
about thirty millimeters of rain or more coming into Southland
over the first week of over the next seven days
to ten days, with these wintry baths coming in and
peaking on Sunday. So it's it's classic late winter early
spring weather as far as.
Speaker 4 (07:00):
South and you're not going out. I was going to say,
how many days we've got to go out? Twelve days September,
the sixth Eden Park Springbok test.
Speaker 6 (07:10):
Well, I'll tell you what after this, Wendy Westerley we've got.
There is some long range modeling that suggests as we
get to about that time in September, high pressure could
be returning. That's normally the balance of things, So fingers crossed.
Speaker 4 (07:23):
Okay, Phil duncan always appreciate your input here on the country.
Thank you very much for your time. It is thirteen
after twelve. The country's, of course brought to you by Brent.
I've driven past a number of their dealerships here in
the Bay of Plenty over the past few days. What
a wonderful farming and primary sector province this place is.
(07:45):
We're going to take a break on the other side
of it. He was going to come in, but apparently
now he's not, so I'm going to have to chat
to him over the phone. Hopefully Andy McDonald can get
him on the blower during the break. Peter McBride the
chairperson of and he's the chairman let's be honest about it.
The chairman of because he has a bloke of Fonterra,
(08:06):
are going to talk to him next before the end
of the hour. Shane mcmanaway, Bruce Cameron, Dom Jones, as
we do everything Bay a plenty and why a rapper
for the rest of the show. Welcome back to the country,
(08:27):
brought to you by Brent. I'm Jamie McKay out of
the tower on the studios. Our next guest could have
driven in because he only lives three minutes out of town.
We've got sort of farming royalty on the show. On
Friday show, you might remember we had three chief executives. Well,
this time around we've got two chairmen or one's a
former chairman and a managing director in the primary sector.
(08:48):
Let's kick it off with Peter McBride, chairman of Fonterra.
Big news out on Friday that you've got an offer
from Lactalis, the French dairy giant, two dollars a year
back to the farmers three zero point eight four or
five billion dollars for your consumer brands. What's the feedback
been from the farmers.
Speaker 7 (09:06):
Peter, Well, to me, it's been overwhelmingly positive, Jamie. I
obviously get more positive messages than I would negative, but
certainly overwhelmingly positive. You know, there'll be some farmers that
are struggling with it, and like I mentioned in the media,
you know, their head will be fighting with their heart
because there's been a long term investment for them over
(09:29):
many years, so it is an emotional attachment to the brain.
Speaker 4 (09:32):
Well, there are some iconic consumer brands you're selling, and
there has been criticism in some quarters about that, but
you guys are saying you can deliver more profit and
better returns for your farmer's shareholders if you divest yourself
from the consumer brands. But remember you're still selling the
raw material to those people.
Speaker 7 (09:51):
Yeah, that's right, And I mean it's becoming more apparent
that milk is becoming more and more scarce than us
on and really value our milk for its functional value,
you know, and so it's important the long term supply
agrement back collect the lease. But just as importantly, you know,
(10:12):
the other skills resource our farmers is their capital. So
you know, we can earn a lot more on the
invested capital if we keep investing more into advanced ingredients
and food service.
Speaker 4 (10:23):
You are dangling a big carrot in front of them
two dollars per share. This is going to send something
like three point two billion dollars sloshing around in the economy.
A lot of it will we use, no doubt, to
pay down debt, but there's going to be some of
that spent. I'd imagine a reasonable portion of that spent
on other things investment, increasing productivity, buying new tractors, you
(10:47):
name it.
Speaker 7 (10:48):
Yeah, I think it'll be god for regional New Zealand,
and I think New Zealand needs it right now to
be blunt, So that's positive. I think in terms of
carrot like we wouldn't need to have a better use
for that capital right now, which we don't. We need
to look at our levels of debt. We need to
be appropriately geared and so really we're returning their capital
(11:10):
back to them. So we're going to have more investments
to make similar to what we announced and Edendale in
at start Home. So there's more to come, but it's
just about having a balanced approach to our overall debt
profile and investment.
Speaker 4 (11:26):
Okay, and the time frame from here on in, the
farmers are going to vote and win October November.
Speaker 7 (11:32):
Yeah, phideus of October. So you know we're obviously reaching
out to them now, we're going to be having a
series of meetings around the country and yeah, we're looking
forward to it.
Speaker 4 (11:40):
Were there any other serious suitors? I call them Lactalis.
I've got that round the wrong way, haven't I? What
is the correct pronunciation, Peter Lactala Lactali's Okay? I wasn't
a mile away? Was there anyone? Was this the one
horse race?
Speaker 7 (11:54):
No? No, there are other bitters. Yeah, and we still
had the IPO option in our back pocket, but by
far and away, this was the cleanest deal. Obviously, the
number is important, and it's a it's a. I think
it's an outstanding result and I think, you know, our
guys have done an incredible job of the deal.
Speaker 4 (12:13):
Providing it gets farmer shareholder approval. And I was at
a function in Tapooke on Friday night, spoke to a
lot of key we for it growers and a number
of dairy farmers, and they were all in favor of it.
I know that's a very small sample from just the
Bay of Plenty, but providing this gets voted through, gets
the numbers needed, what is the time frame when do
(12:35):
you when do you ink the deal? When does the
money change hands.
Speaker 7 (12:38):
I'll be sometime in the new year, you know, in
the late autumn and that sort of time frame. It
will depend on the regulatory approval process, so that'll take
a little while. So you know, our part of it,
you know, will be obviously the side of Christmas and
then you know, we've just got to work our way
through the rest of the approval processes.
Speaker 4 (12:57):
I'm going to be chatting to Bruce Cameron shortly on
the show, another former chairman of Zesprey and a dairy
farmer and a Kiwi fruit growers. More than one person
has mentioned to me Peter mcbriden, I know you're a
quietly spoken, reasonably humble man, but success seems to follow
you around in corporate agribusiness in this country.
Speaker 7 (13:19):
I can't really comment on that, Jamie, that's very kind.
I've been chatting the Bruce today actually, so it'd be
interesting to get us feedback. But appreciate the kind comments.
I think you know, for me, what motivates me is
you know what's best for New Zealand growers and farmers,
and you know, with Fonterier and zespre in particular. You know,
(13:40):
I have a really you know, strong focus on performance,
and I think you know, I think you know. For Fontira,
we're actually staring to really hit our strips now, so
it's exciting.
Speaker 4 (13:52):
You've certainly turned the good ship Fonterra around from the
dark old days of Miles Hurrell's predecessor. But we won't
relitigate history. Peter McBride. Always appreciate your time here on
the country and I hope success keeps following you around.
Speaker 7 (14:07):
Thanks Jamie, appreciate it.
Speaker 4 (14:09):
Thank you, Peter. Twenty or coming up to twenty four
after twelve. This is the Country coming out of the
Tarronga studios where the Country Sport Breakfast originates with BK.
Brian Kelly. Good to catch up with him over the
weekend at a really enjoyable weekend here. If you set
aside golf, here's a text in from Graham Smith seeing
(14:30):
how's you're doing a Bay a plenty special. Would you
like to interview Blackie or I and the weekend's golf results. No,
I wouldn't, Graham. And then to make matters worse, I
got a thrashing that simulated golf on Sunday from my
son I'm going back home and I'm going to look
up the phone number for the Rosalind Bowling Club, I think. Anyhow,
(14:54):
I'm only one round away from Glory. That's how I
view at Smithy. Thanks for your company over our weekend.
Next a bloke who's had a very good past few days.
You got recognized in the New Zealand Business Hall of
Fame and deservedly. Shane mcmanaway out of the wire Rapper
next on the Country twenty six after twelve he was
(15:24):
doing so well with the music in Auckland, Andy McDonald. Anyhow,
it's very subjective, isn't it. Send us any of your
feedback through on five double O nine. Unfortunately in the
Taronga studios, I haven't got access to our text machine,
but Michelle will forward me through any of your really
good or interesting feedback. Our next guest, and I'm so
(15:46):
pleased with this because he's a great bloke. Along with
his wife, they built a hospital, as you do when
you've done well in business. And Shane mcmanaway, you were
inducted into the New Zealand Business Hall of Fame last
week in front of four one hundred and fifty Aucklanders
and given a citation by the Prime Minister Chris Luckson.
And I also saw you that you were glad handing
(16:09):
with Chrysipkins as well. True truly apolitical.
Speaker 5 (16:14):
Good afternoon, Jamie.
Speaker 8 (16:15):
Yeah, Lynette and I were very humbled to be inducted
into into that special place. It was a great evening year.
Four hundred and fifty orcans. I'm sure most of them
would have been from the Auckland region. So I took
the opportunity when we were interviewed for about twenty minutes
in front of them all to just to see if
there was a rural divide between urban and rule. And
(16:36):
so I asked those that love farmers to stand up,
and I think four hundred and fifty people stood up,
and she'd Jamie, along with the Prime minister and along
with Chrysipkins. So I think we're we've got some friends.
Nowadays the tide may have turned.
Speaker 4 (16:50):
Well, I'm glad ship he stood up. I reckon. You know,
COVID was a terrible time for this nation, but the
one positive to come from it, I think there was
a renewed appreciation of the rural sector and how important
the primary sector is to our economy.
Speaker 6 (17:07):
Oh.
Speaker 8 (17:07):
Absolutely, Look there's no question around that. And look, I
think that that GAP's narrowed, if there's even a gap
there nowadays. But look, we're everybody needs a farmer Jamie defeeders,
So I think everybody recognizes that. And as Chris lux
And said and in his speech, it's you know, it's
(17:28):
the primary sector that are going to pull this country
out of a hole.
Speaker 5 (17:31):
And we're doing that and doing it really.
Speaker 8 (17:33):
Well, I reckon, But we need to be better at
telling our story. I think that's where we probably let
ourselves down. We've got a great story to tell and
we need to tell it louder and harder.
Speaker 4 (17:42):
I ran into I've spoken to so many people over
the SLM weekend and the Bay of Plenty Shane mcmanaway.
We had a client function after I got off here
on Friday, and they're all business people. Based on I
was going to say in a provincial town, sow Wrong
was much more than a provincial town. But everyone places
like Talranga, Hamilton, christ Church, Masterden where you are in
(18:05):
the Cargol duneed and are so dependent on what's happening
in the rural hinterland, and they're really interested.
Speaker 8 (18:13):
Yeah, they certainly they certainly are, Jamie. And the other
great thing is now we've got some young students out
there that can see agriculture is a good career move,
and I'm maxing those circles pretty regularly. I spoke to
one of our great colleges here in the wider Rathkiel College,
to just on three hundred young lads there a couple
of weeks ago their assembly, and you know, there's a
(18:36):
lot of people really interested to get into the sector now,
which is great.
Speaker 5 (18:40):
And look at a magnificent sector.
Speaker 8 (18:42):
And I'm obviously a very biased cheerleader because it served
me really, really well for the last fifty years.
Speaker 4 (18:47):
Is that the school that you were told you were
too dumb to do anything other than drive a truck.
Speaker 5 (18:53):
No, Jamie.
Speaker 8 (18:53):
It was a school that my parents used to threaten
to send me to if I didn't behave to send
you to boarding school, send to be like one of
the lines the parents rolled out.
Speaker 5 (19:00):
If you were being a bit mischievous.
Speaker 8 (19:02):
But no, I went to Kuranui where the career advisor said,
you probably won't make much of your life.
Speaker 5 (19:09):
So there's always agriculture.
Speaker 8 (19:10):
So they're just next door to the Integrated Medical Facility, Jamie,
where I went to school.
Speaker 4 (19:16):
No doubt they've changed their tune. I think last week also,
or a couple of weeks ago, you were on the
Gold Coast for the Sanda McDonald Award conference. Now this
one got canceled and marched due to cyclone Alfred. I
remember talking to you at the time and how frightening
it was.
Speaker 8 (19:34):
Yes, it was a pretty while back then, Jamie, and
the beach is still pretty pretty rugged there.
Speaker 4 (19:40):
Now.
Speaker 8 (19:40):
It's caused some huge damage and it will take years
to get it back to where it was the Gold
Coast Beach. But you know, we postponed and held it.
Speaker 5 (19:49):
A couple of weeks ago.
Speaker 8 (19:49):
We had one hundred and twenty farmers from Australia in
New Zealand and we were there to wear some great,
great speakers over the three days, but we were there
to award Megan Blohm and Jack O'Connor the Zanda McDonald Awards,
respectively of New Zealand and Australia. And look, they are
two magnificent young people who were going to have a
(20:10):
major positive impact on the primary production sector.
Speaker 5 (20:13):
Jamie, that's just incredible.
Speaker 4 (20:15):
Megan Blom is these days based out of Blenham. But
she's a Southland girl.
Speaker 8 (20:19):
Yeah, and her mum Helen joined her. And what a
lovely family, Jamie. Lovely family. Megan's Mills Bay Mussels in Marlborough.
And boy, she's she's super super smart and as I say,
we're going to see her a pear somewhere, I think
lots of times over the next many years.
Speaker 5 (20:37):
Here in the agricultural sector.
Speaker 4 (20:39):
How is the farming season treating you farmers in the
war Rapper?
Speaker 5 (20:44):
Look, it's it's been okay.
Speaker 8 (20:46):
I think it's probably be I think it's been quite
a reasonable sort of a winter. Although we were starting
to run out of grass a couple of weeks ago.
It's a bit more spring like now, Jamie. We had
a couple of nice days. Yesterday was an absolute crack
at the Day's of beauty and to fill duncan. It
sounds like we're in for a week of good stuff
and we need it to be quite honest, because we were
right on We were right on top of everything we
had and so was the whole district.
Speaker 5 (21:08):
But no, I look, I think we're pretty good. And
back to your rural.
Speaker 8 (21:13):
Discussion around how things are going in the rural sector.
I think we're starting to see a little bit of
uplift in our region and so that's magnificent.
Speaker 4 (21:20):
Well, it does filter into town, it just takes a week. Well,
as you mentioned, you've been involved in farming or the
primary sector for half a century, which sounds a hell
of a long time, doesn't it. Shane, have you ever
known the livestock industry and I'm looking at particularly lamb
and more particularly beef to be as buoyant as it
is right now.
Speaker 8 (21:42):
No, Jamie, it is pretty good times, that's for sure.
I mean when you've seen a truckloader truck and trailader
cattle out the gate and you know you've got about
forty two big cattle on board and they're knocking around
at three thousand dollars a head market, it sort of
makes you it's all worth it, and it's great it continues.
But yeah, it is good times. And they've been a
(22:03):
wee while coming, but we're starting we're really enjoying that
now they've turned up.
Speaker 4 (22:07):
Hey, Shane mcmanaway, always good to have you on the country.
To you and Lynette, who's very much your right hand
manner in her case, woman absolutely well deserved being inducted
into the New Zealand Business Hall of Fame. You're a
great frontman for the primary sector.
Speaker 5 (22:21):
Keep it up great, Thanks very much, Jamie.
Speaker 4 (22:24):
There we go, Shane mcmanaway. It is twenty seven away
from one. I'm just looking at my email to see
if Michelle sent me any really interesting texts. You can
get us on five, double O nine if you want
to talking about Michelle. She's in the Dunedin studio. We'll
have rural news and we'll talk about the beef and
lamb promotion which I'm a wee bit in the dark on,
(22:46):
but I'm going to learn about it very very shortly.
Andy McDonald, there's a man who's burnt the candle at
both ends over the weekend. He's producing our show out
of the Auckland studio. Here is, of course, the producer
for Jason Pine and Piney had a bit of a
long shift yesterday following on from the All Blacks defeat.
They went straight into sports Talk with Jason Pine and
(23:09):
as Murray Deaker, my old mate used to say, there,
you don't even need to do any prep on a
Sunday if the All Blacks lose, because you can for
your show. So we might talk about that as well
before the end of the hour. Dom Jones Corporate Kiwi
fruit Grower and Bruce Cameron, former chairman of Zesbury for
ends at board member, life member of the Bay of
(23:31):
Plenty Rugby Union and he's been involved in lots of things.
So we'll wrap the show out with you. Bruce, if
you're listening. I've got to go to Dom next because
he's got to go to a meeting and he's just
wandered in here. So what I'm going to do is
we'll go to Rural News and Sports News. Dom Jones
Bruce Cameron to wrap the show.
Speaker 3 (23:53):
Hi, Stacey Walker here, take scrums of five zeros.
Speaker 6 (23:57):
You're in nine to be into win a rugby ready
meet thanks to my mates at Beef and Lamb.
Speaker 7 (24:02):
Get the team round and have some delicious and nutritious
coin from Beef and Lamb New Zealand.
Speaker 1 (24:07):
Jamie will draw the winner and tomorrow's.
Speaker 4 (24:09):
Show well, thank you very much, Stacy. That's Stacy Wiker.
Of course, the Black Ferns got under way this morning.
Easy opening game. It was against Spain, wasn't it. Andy
helped me out here. Yep, yep, thank you and Andy.
The interesting thing we'll go to the Beef and Lamb
promo with Michelle and just a tick. You've got a
(24:29):
text scrum to five double oh nine if you want
to win the meat pack. But as I heard while
I was on my morning constitutional walk listening to the HOSK,
that they played the game with thirteen women. That's news
to me, Jamie, I'm gonna I'm going no, no, well,
no no no. I thought it was rather strange because
(24:50):
they were winning by quiet. Someone will correct me, correct
me on five to double o nine. They lost a
couple through injury, they didn't play, they didn't replace them,
and so they played thirteen against fifteen. I guess made
it a better workout for the team. I hope I
heard that correctly.
Speaker 9 (25:04):
That's correct, Jamie.
Speaker 4 (25:05):
Well the thank you, Michelle, thank you. No one likes
the corrector, but in this case, I'm glad you've come
in and corrected me. So that was a really good
workout for them. Twicken Them eighty two thousand and it
has sold out. Hey, So Michelle, good afternoon. Just before
we go to Rural News, of course, the meatpack from
Beef and Lamb, New Zealand. Texts scrum to five double
(25:25):
O nine and we will announce the winner tomorrow. Is
that how it works.
Speaker 9 (25:29):
That is how it works. So of course early morning
starts for a lot of the games. So it gives
you a meat pack. I guessed to fry it with
your mates while you're watching all these great games that
are on offer while the World Cup is happening. But
so basically you can go to the recipes get recipes
for all these meat packs. But all we have to
do is text us on five double nine Tex Scrum
and perhaps your name, just so that we know who
(25:49):
you are and maybe where you're based in New Zealand
as well, and will draw a winner tomorrow. You have
another chance to win throughout the week as well, so
listen out for that liner from Stacey Walker throughout the week.
Speaker 4 (26:00):
Isn't she wonderful? I call her Michelle the Smiling Assassin.
I think she was the player of the match in
the Rugby World Cup Final at Eden Park. When was
that twenty one or twenty two? Whenever it was due
to COVID. I wonder if she steps up to the
plate again.
Speaker 9 (26:15):
I'll tell you what. Georgia Miller is definitely putting on
a show and has been a lot of write ups
about her from around the world, so keeping eye on
that one.
Speaker 4 (26:22):
Yeah, yeh, she is the Richie mccaugh of women's rugby.
Let's find out what's happening in Rural News.
Speaker 2 (26:29):
The Country's world news with Cob Cadet, New Zealand's leading
right on lawn Bower brand. Visit steel Ford dot co
dot nzm for your local stugist.
Speaker 9 (26:39):
And farmers are calling the government's final report in to
banking competition vindication of some long hel concerns. Among the
recommendations from Parliament's Finance and Expenditure Committee published on Friday
were greater transparency and oversight of rural lending. Mark Hooper
from Federator Farmers says it does vindicate the concerns that
the farming sector has had for quite some time. And
(26:59):
whilst it may they seem like small margins, so small
margins make a big difference for farmers and you can
find more news at the Country dot co dot Nz.
His andy was sport.
Speaker 1 (27:10):
Sport with AFCO. Visit them online at AFCO dot co
dot Nz.
Speaker 10 (27:14):
Thanks Michelle. And in Sport Titans NROL League coach Dies
Hasler will depart in the wake of their loss to
the Warriors. The last place Gold Coast Club have confirmed
Hasler contracted through to the end of twenty twenty six.
We'll leave the role after their final two games of
the season. Golfer Tommy Fletwood has claimed his first PGA
Tour victory in one hundred and sixty four attempts via
(27:34):
a three stroke win at the season ending Tour Championship
in Atlanta. He takes over a seventeen million dollar paypacket
for sir curing the season long Fedix Cup and, of course,
as Jamie referred to early, the black ferns they face.
Await for updates on the health of two players. After
their Rugby World Cup pool win over Spain number eight
kaipor Olsen, Baker was stretchered from the pitch with her
(27:55):
league in a supportive cast whilst wing Aisha Letty Ainger
also exited with a le injury after scoring a brace
of tries. That's sport, Jamie.
Speaker 4 (28:03):
But Andy, were they replaced? That is my question.
Speaker 10 (28:06):
Well, Michelle just confirmed nicely for us that they went,
So I couldn't help you this.
Speaker 4 (28:12):
I'm a touch embarrassed by that. Well, you only do
sport for a living. Andy, don't be embarrassed if you
didn't know that. Is there a grumpier coach in the
NRL than Dares Hasler? Oh it's probably not.
Speaker 10 (28:23):
Probably that's a Ricky Stewart, but I suppose the top
of the table. So he's actually pretty happy at the moment.
But yeah, I did. Did you catch that press conference? Yeah, Jamie,
that was absolutely fantastic, great cinema. Oh, I absolutely love it. Yeah, yeah,
I think it adds to the theater of sport. Thank you, Andy,
you're doing a wonderful job. And Auckland Michelle likewise, and
(28:45):
Dunedin we're going to take a break on the other
side of it. I got to chat to him now
because he's got to go to a meeting at once,
So we're going to talk to Dom Jones from Origin
Capital Partners Corporate.
Speaker 4 (28:56):
Kee we fruit growers. He hates that word. And before
the end of the hour, a man who wears many
hats and agribusiness and sport. Bruce Cameron, Welcome back to
the country. The show's brought to you by Brandt Yeah,
Farming Royalty from the Bay of Plenty on the show today,
(29:17):
Bruce Cameron, former chair of Zesbury, Peter McBride also former
chair of Zesbury. These days, of course, Peter as the
Fonterra chairman, and Dom Jones is joining me from Origin
Capital Partners and DIME. I know you hate the word corporate,
but you guys are corporate Kiwi fruit growers. You must
be raking it in.
Speaker 11 (29:38):
Hi, Jamie, thanks for having me on. Yeah, we have
a couple of funds which we manage for about two
hundred and fifty investors which invest exclusively in the New
Zealand Kii fruit sector.
Speaker 4 (29:48):
Yeah, but you took a pasting it with Gabrielle, didn't you.
Speaker 11 (29:51):
Yes, we have orchards and gisbone and so twenty twenty
three was a pretty tough year. But yeah, look thankfully,
and it's a big, big indication of the strength of
the industry as to how well things have bounced back.
The industry had a really tough couple of years across
twenty two and twenty three. Twenty four was a very
(30:12):
good year and twenty twenty five was record harvests across
most parts of the industry.
Speaker 4 (30:18):
Is that I'm assuming this new development of Kiwi fruit
orchards in the Bay of plenty, what would it cost me.
I've got to buy the land, I've got a plant,
I've got to put all the posts in, and then
I've got to buy a license as well.
Speaker 11 (30:30):
So the first thing is the amount of development is
pretty well controlled by ZESPRI and that's because to grow
sun gold kiwi fruit you have to own sun gold
license and ZESBRE only issue a little bit of license
each year. This year they released four hundred hectares in
the context of there's about nine thousand sun gold hectares
across New Zealand, and so about half of that tends
(30:54):
to go to new development and the other half tends
to go towards converting over from green. What you what
it costs you to develop an orchard very much therefore
depends on what license costs you. To give you an example,
this year license went for about six hundred grand. Last
year you're testing.
Speaker 4 (31:12):
And we're talking six hundred grand per hector hectare.
Speaker 6 (31:15):
Yep.
Speaker 11 (31:16):
Last year. Last year was in the mid five and
the year before that was four hundred, and then the
year before that was eight hundred. So it really does
bounce a lot, bounce around a lot. It sort of
depends on what's happening in the sector and interest rates.
But big picture licenses about half a million bucks per hectare,
and pretty much it will cost you close to another
(31:37):
half a million bucks to buy the land, build the orchard,
buy the plants, get them planted.
Speaker 4 (31:42):
Okay, well, let's look to the future of kiw fruit.
You've effectively well, when I say you finished a season,
you're starting to think about the next season, aren't you.
Speaker 11 (31:51):
Yeah, So harvest goes from about March through to early June.
Zesbrey then spends the next six to seven months selling
that fit. So at the moment Zesbrey is halfway through
selling the twenty twenty five harvest and have come out
with some pretty good forecasts on that. And at the moment,
all around the country orchards have been pruned and they're
(32:13):
getting high caned at the moment, and from about September
the vines will wake up, we'll have bud break, and
we'll start to get our first indications as to what
next year's crop could look like. So you're always sort
of straddling a couple of seasons where your crop from
last year is cash flowing your crop for next year
and you're not quite sure what you've made for quite
a bit of time. But in general things are looking
(32:35):
very good.
Speaker 4 (32:36):
I was into Poky over the weekend. What a fantastic
place it is. Is it going to get too warm
to grow kiwi fruit there in the future with climate change?
Speaker 3 (32:46):
Wow?
Speaker 11 (32:47):
Look how long's a piece of strength. Things are certainly
getting warmer, and we need a certain amount of winter
chill to grow kiwi fruit. What I would say on
that is, while things are getting warmer. Twenty twenty five
been the ed just been was pretty much a record
for every variety in the history of kiwi fruit. So
(33:08):
it's one of the factors.
Speaker 4 (33:09):
It is a bit of a super food. We've even
heard that kiwi fruit green. Is it making a comeback?
It's good for your gut.
Speaker 11 (33:17):
Yeah, Look, all varieties appear to be going really well.
We're pretty blessed in this industry that generally the demand
side is quite good. Most of the challenges for the industry,
particularly in the last few years, have been on shore
and call it supply chain. When we have half decent
weather and when we have a really readily available supply
(33:40):
of labor, generally growers don't have concerns around their fruit
being sold, and this year that the green forecasts are
looking fantastic by any metric.
Speaker 4 (33:50):
Really okay, Tom Jones, I really appreciate you taking time
to wander into our studio and teonga here. I know
you've got a power packed afternoons of corporate thing. Is
it golf for you this afternoon?
Speaker 11 (34:02):
No golf?
Speaker 4 (34:03):
Thanks for having me, Thanks for coming in. Now I'm
only falling. Thank you, dom it is. I'm gonna make
it nine away from one summer. Your feedback, Black Fern's
not allowed to replace injured players because at the time
of the injuries they had used all their bench reserves. Interesting.
(34:23):
I thought if you'd had an injury or something in
the front row you could run someone else on. I
don't know the rules of rugby, very confusing. Up next,
we might ask a man who's played a lot of rugby,
former Junior All Black, former chair of ZESPRIE to wrap
the show. Bruce Cameron wrapping the Country Bay of Plenty
Special Bruce Cameron, a former chair of ZESPRI, former Junior
(34:46):
All Black, life member of the Bay of Plenty Rugby
Union and board member for the NZ Are you, Bruce,
were you ever a chair of NZ?
Speaker 6 (34:54):
Are you?
Speaker 4 (34:55):
I've forgotten good afternoon by the way.
Speaker 12 (34:57):
No, no, no, no, no, just a mere board member.
Speaker 4 (35:02):
Happy to be the board member for Toro. Where have
I heard that before?
Speaker 5 (35:07):
Now?
Speaker 4 (35:07):
Yeah, well, of course we heard it from Winston. We
had his loyal henchman on Friday night at Tapooky. You
were there along with your cousin John, John Cameron. What
did you make of old Shane Jones unleashed?
Speaker 12 (35:21):
Oh yeah, well look Shane Shane, isn't he?
Speaker 6 (35:23):
You know?
Speaker 12 (35:25):
Look it was a great night out and you know,
a good cause. I mean yeah, in this day and
age where you know, frankly it's bloman tough yaker out there,
isn't it for sports clubs of of of any of
any sport to be breaking even and you know, being
able to swim their way through the issues of community
(35:46):
sport these days? I mean see, probably sports is an
absolute outstanding example of of of you know, a commitment
by you know, a whole two or three generations of
sports administratives have got them into the position where they
are now. You know, they have the freehold properties that
they have and you know, just the community behind them
as outstanding the heads off to them.
Speaker 4 (36:09):
I'm sure as a former member of the New Zealand
Rugby Union. You'll be heading to Eden Park in a
couple of weeks time. You've been following rugby for about
as long, probably a wee bit longer than me, even Bruce.
That would be one of the worst All Black performances
I've seen. And I don't want to deflect from the
Permas who were fantastic, but we didn't fire a shot
in that second half.
Speaker 12 (36:30):
Well, you know, I think you know, when you sort
of got your back to the wall like that, you know,
I'm sure the reflection will be on you know, looking
for the big oen opportunity going forward, and you know
it'll just be a time of reflection for both management
and the players to understand, you know, what they need
to do better, you know, whether it be the build
(36:51):
up and or the game itself. And you know, I
don't think there were too many players that had a
bad game with some mistakes, no doubt about that, but
you know, it just didn't come together on the day.
So you know, those are the sort of matches that
you know, I think bench mark and give the team
(37:12):
a really really good understanding of how sickle if you're
not onto it, how things can go. Hey, look at
the spring Bots two weeks ago losing to the wall
of these, so you know, yeah, Auckland's going to be.
Speaker 4 (37:25):
A real I wounded. All Black team is a very
very dangerous based and they've got a great record of
bouncing back. So goodness, that's going to be that game
between the Rugby World Cup finals. Hey, just to finish
on Bruce, Sorry, I've cut you a wee bit short
on time. You're a large scale farming operator. You've got
you're involved in dairy and keyw fruit. They're both good
at the moment. Which one's the best?
Speaker 12 (37:47):
Oh? Look, these are all just cycles that happen to be,
you know, on the up at the moment. I'm look,
you know what we're doing farming is we we make
the best of these side calls and we pay all
our money back and getting our infrastructures up, you know,
up the speed. You know where we obviously you know,
(38:08):
look at our equity, we're paying down debt. You know,
we know that there will be some dark clouds on
the horizon at some stage in the future. So you
don't look. You enjoy the times and you don't get
too carried away. Keep your seat on the ground as well.
Speaker 4 (38:26):
Cut on your Bruce camera. Got to make hay while
the sun shines. Thank you. Buy Plenty back in Dunedin tomorrow.
Speaker 1 (38:33):
Catch all the latest from the land.
Speaker 2 (38:35):
It's the Country Podcast with Jamie mckuy Thanks to Brent,
the starkest of the leading agriculture brands.