August 7, 2024 • 38 mins
Jamie Mackay talks to Shane Jones, Tom Young, Chris Russell, and Joe Higgins.
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Speaker 1 (00:00):
Catch all the latest from the land. It's the Country
Podcast with Jamie McGue. Thanks to Brent, You're specialist in
John Deere machinery, you haven't in all you world.
Speaker 2 (00:20):
He took the Minnu trinker. You're the city by on
and raising shaft. He took the minnutrincker. Gooday in New
(00:42):
Zealand and welcome to the Country, brought to you by
Brent kicking it off with a bit of Steve Perry Journey.
Don't stop believing Michelle's loaded this up. Goodness knows why,
but I'm gonna go with it today. In fact, I
know why she might have chucked this one, and because
I think our first guest, Shane Jones, may have used
this song in one of his election videos, remember Sea Shanty.
(01:07):
I think he did this one as well. So Shane Jones,
the Prince of the Province is to kick off the
country today. Debi n Noriwa paka bless her said the
country is being rung run, should I say by a
dark triad the Macavelian, the psychopath and what was the
(01:27):
other one, the narcissist? Who who they are? I don't know.
We might ask Shane on that one. Tom Young Okay,
we're going to get to the try and get to
the bottom of this issue around the lack of supply,
which seems rather bizarre in a country like ours that
we would be running short of beef and lamb, but
we are so they are our big meat companies. Tom's
(01:49):
of course the f Coast National Livestock Manager. Are they
guilty of not diverting enough product to the domestic market.
We'll have a look at that and ask why you're
paying so much, especially for your lamb, or when the
farmers are getting paid bugger or for it. Chris Russell's,
our assie correspondent, can't wait to put the boot into
him about the cocaine snorting hockey players at the Olympics.
(02:12):
Other than that the Assies have been going great guns,
haven't they, And apparently over there but like here, soaring
export beef prices but you avocados you can't give him
away and Joe Higgins a month they look at the
market with PGG Wrights and Mid Canterbury South Canterbury Livestock
Manager might talk a wee bit of footy as well.
(02:33):
NPC up and under way this weekend. We've got Heartland
Rugby really looking forward to that. It's all on the country.
Michelle will be in here for Rural News and we'll
have a look at sports news. We've got a new
All Black team named and if you're just wondering who's
in it? Before I go to Shane Jones, Anton Lennet
Brown gets the nod at thirteen outside, Jordi Barrett, ricco
(02:55):
Uanni on the bench. Interesting Boden Barrett starts at fullback.
Will Jordan's going to come off via the bench, Sam
Darry good to see him getting a first Test start,
along with Tupo Vayer. Of course, Josh Lord is on
the bench, Ethan Blackadder getting a go at blindside and
(03:15):
TJ Peranara. It's the halfback Jersey probably his last game
or definitely his last game for the All Blacks at
Sky Stadium. You may know it better as the cake
t and up next to the Prince of the Provinces.
(03:45):
They call this man the Prince of the Provinces, which
I guess Shane Jones is a lot better than being
called Macavlian, a psychopath or a narcissist. Debbie Nari Wapaka
took the gloves off in the house yesterday and you
weren't there to respond and defend your bosses.
Speaker 3 (04:02):
Debbie Packer is the rabbit Queen of the Maori Party,
and she has been in one or three colonial holds
too many. That speech was disgraceful. It lowers the standing
of Parliament, and sadly for the rest of us, she
lumbers us all well less than agreeable reputation. I think
(04:27):
she sees goblins and fairies. But because the human color
spectrum she enjoys is unseen by the rest of us,
she's in a world of her own.
Speaker 2 (04:37):
Well, they go on about racism, I'd say the biggest
racists in the house her and Roweri.
Speaker 3 (04:46):
They are losing lots of support amongst the garden variety
Maldi voters. They now realize that they've backed a pair
of extremists who seem more attracted to the bleak days
of the Shin Party. Their ability to influence policy, their
ability to improve investment, their ability to engender jobs is
(05:09):
less than zero. And look, I don't know about your listeners,
but I'm sure I reflect their concerns. We're sick of
this ideological sludge coming from that part of the political spectrum.
Speaker 2 (05:20):
Well, I guess Chris Hipkins and the Labor Party must
be burying their head in an embarrassment almost the fact
that the Greens and to Party Marray are effectively activist
party now, so it's going to be very difficult for
them to form a coalition should they ever get voted back.
And just on a side note, who's the psychopath, who's
the narcissistant? Who's Macavelian?
Speaker 3 (05:43):
Well? I studied politics and Gary Baldi and Machiaveli we're
key features of Italian history. But look, I don't want
to indulge in that type of name calling, although I
just did call her the Queen of the rabbit queen,
and I think it's I think it's a term she's
(06:03):
working really hard to deserve.
Speaker 2 (06:05):
Monje, you were getting into Chloe in the house recently.
You said you talked about her Green ideological sludsh and
I thought that wasn't a bad shot.
Speaker 3 (06:15):
Well, where in the midst of a power crisis, we've
got insufficient gas investment dried up. No one is to
blame more than the Green Party and the juvenile assertions
of Jacinda when she said that she was experiencing a
I think it was a nuclear moment and she needed
(06:36):
to close down the gas industry. Of course, Megan Woods
crowned that folly to a greater level by closing down
our refinery. Everywhere I look mate, a regional New Zealand
needs to be alert because a lot of the props
that have maintained our resilience and maintain our profitability, they're
(06:57):
being eroded. And affordable energies always being a key feature
which gave us a competitive advantage in New Zealand.
Speaker 2 (07:04):
And you came out and said last week and New
Zealand had the most expensive power in the world.
Speaker 3 (07:11):
Indeed, and I've been challenged by callo young journalists who
won't do their own homework, I can assure you that
information came from one of the most sophisticated private sector
investment analysts. And the energy sector the gent tailor's the
whole electrical sector. It's over GMT for some serious medical attention.
(07:36):
And where there are rules and where there are regulations
that have to be changed. I don't want to approach
these things as if our contribution as an astraa and
a motorbike. We've got to make meaningful change because we
cannot have employeers laying off people. Regional firms closing down
because New Zealand is no longer an affordable country because
(07:56):
of energy and as you know, there's not a lot
of money coming from the fiscal end because we're running
a contractionary budgetary approach. There's not a lot of money
coming out of the monetary policy because it's going to
take a long time for us to get back to
very low interest rates. So we're going to have to
import capital and do it in such a way that
it opens up and crows areas such as aquaculture, and
(08:19):
we're not going to do that if we have too
much red paint green termites. It's the brown standover tactics
from the Maori Party, or indeed unaffordable energy, the folly of.
Speaker 2 (08:32):
The previous government's energy policy. The chickens are really coming
home to roost. It's not raining the hydro lakes or
at only fifty seven percent of capacity. We're seeing six
hundred percent increases on the spot market. We're seeing mills
closing down because they can't afford to pay the electricity
price to run them. Are we a banana republic? Are
(08:54):
the light's going to go out?
Speaker 3 (08:56):
Well, we've got a few options in front of US.
Obviously there's demand management. I had Reochento in my office
the other day. They're reducing the amount of energy that
they take to provide more energy for us. I'm told
that methodics, the producers who use a lot of gas
and tartanaki, are reducing their production so that other New
Zealanders have access to energy. There's an option of importing
(09:17):
LNG and LPG. In some ways, I regard that as
an indictment that we close down the indigenous gas industry.
Speaker 4 (09:25):
And if we.
Speaker 3 (09:26):
Start to import gas, can we avoid a situation if
we have a geopolitical meltdown such as Ukraine and our
neck of the Woods? What will that do to our
economy if we're reliant on the Japanese spot price of
allen G and LPG. So those things are being looked at.
There's deep seated get thermal energy under coedon and Toploum
advised if they can ever crack the engineering, it will
(09:47):
massively expand at an affordable rate our energy. But look,
the last comment did nothing other than cancel the oil
and gas industry and all of the consequences. Like plucked
fowls are now roosting in front of us.
Speaker 2 (10:03):
I'm the Southlander and I realized how important tea wires
to the Southland economy. But if we made a cock
up re signing a deal with a major multinational that's
using power and we haven't got enough of our own.
Speaker 3 (10:17):
The reality is they have a contract with the Crown.
It cannot our situation in New Zealand, such as what
Meghan Woods do indiscriminately summarily canceling contracts and then diminishing
people's confidence in our sovereign worthiness. What we need to
do is massively expand the supply of energy. We've got
(10:38):
the fast track legislation that's going to deliver part of
the answer, but we've also got to delve into the
makeup of our electricity sect. I personally can't understand why
these gentailers are allowed to own retail books as well
as generation assets. They should be sent back to focus
on core business, which is expanding the amount of energy
(10:59):
and stop aiming the system.
Speaker 2 (11:01):
Well, the whole system is set up wrong. I heard
our commentary from an energy expert saying the market is
doing exactly what it was set up to do, which
is to get high prices and high profits at times
of scarcity. We've got an ass about face.
Speaker 3 (11:15):
We need to enhance national interest. We need to ensure
that the narrow cost of managers, directors and those fortunate
fortunate enough to own shares don't profit disproportionately at the
cost of regional New Zealand that has been if we're
not careful, turning into an economic desert, if we have
(11:37):
too many of these large employers sent to the wall
through energy prices.
Speaker 2 (11:40):
All right, Jane Jones, I'm going to finish this by
putting the blow torch on you. So I'm figuring if
Debbie reckons maybe Luckson's Macavelion, who's the psychopath and who's
the narcissist? Is seen more the psychopath? Is Winston the narcissist?
Speaker 3 (11:55):
Come on, Oh, there's a fair bit of machiavellianism in
the New zeal And first makeup, So I'll leave the
other two to your listeners to determine.
Speaker 2 (12:04):
Also Winston's Macaveli, And there we go. It's part of
the dark triad according to Debbie, leading this country to ruin.
Shane Jones, it's up to you to fight the good
fight on behalf of Joe average New Zealanders.
Speaker 3 (12:16):
Now I'm looking forward to him mate the Mary Party.
Speaker 5 (12:19):
If I have my way.
Speaker 3 (12:20):
Therefore, the Meccor's yard and the rebit Queen can disappear
into one of the clonial holes that she bitches about it.
Speaker 2 (12:28):
Thank you, Shane. Why don't you tell us what you
really think? Interesting times? Barry Soper, by the way, who's
been reporting on parliament and politics in this country since
Muldoon was in power, said, in more than forty years
this is in his Herald quote from his Herald column.
In more than forty years, sitting above the battlers in
(12:50):
the debating chamber below, never has such a provocative and
for many insulting speech been delivered. And I'm sticking with
my thoughts on it. I'm not as bad as Hosking.
I don't sit at home in the afternoon and watch
question Time. But from what I've seen, I think the
two biggest racists in the house are Debbie and old
(13:10):
rah Wari. So that's just my opinion on it. So
musical theme today from nineteen eighty one, Michelle, you've loaded
me up with four songs. Michelle, I don't know why
you went with Harder Glass by Blondie The reason I
know it was nineteen seventy nine. I was a first
year commerce student at Otago University. You remember seminal moments
(13:32):
and songs in your life? That was one of them.
You've missed by two years.
Speaker 6 (13:36):
I wasn't alive in nineteen seventy nine. To my defense, Jamie.
Speaker 2 (13:39):
Well, I mean you can just go where did you
get the information from?
Speaker 6 (13:42):
Obviously a very bad source. I think I might have
chosen it. On my defense, I think Blondie did. They
did have a hit in nineteen eighty one, but I
didn't like it, so I chose that one.
Speaker 2 (13:52):
I that's a really good logic there. Well done. Hey,
some are your feed some are your feedback. Hi, Jamie.
As a longtime National Act supporter, absolutely love Shane Jones.
He's a great advocate for getting New Zealand back on track,
supports farmers and farming mining, and has a good keen
mind as well. He keeps the extreme Maori in check.
(14:15):
Another good interview, Thanks Jules. Here's another one. Oh, when
it comes to energy, why are they putting an electric
boiler in at Fonterra's Edendale plant? Interesting question? Might be
a waste of time if we haven't got enough electricity
to fire it up. And another one here saying get
into the bastards over the meat prices. Jamie, our premium
(14:38):
black angus only net US six dollars fifty a kilo.
Yet I see mince at seventeen dollars a kilogram in
the supermarkets. WTF. What the hell is going on there?
That's a fair question, And that's a question I'll put
next to Tom Young on behalf of the meat companies.
It's not the meat companies. I reckon the supermarkets, the
(15:01):
ripoff artists.
Speaker 6 (15:02):
Here.
Speaker 2 (15:02):
You farmers are getting paid six or seven bucks a kilo.
Good luck going in and trying to buy some meat.
And I know everyone's got to get their cut, but
someone's making a lot of money out of meat at
the moment, and it ain't you guys. That's what I reckon, anyhow,
So up next Tom Young to talk about this bizarre
situation I reckon in this country anyhow, where we haven't
got enough beef and lamb to go around. Don't stop
(15:26):
believing he.
Speaker 6 (15:38):
Sweets crag.
Speaker 2 (15:40):
It seems rather bizarre, doesn't it. In a land of
milk and honey, or in this case of land of
beef and lamb. We haven't got enough of it to
go around at the moment to tell us why and
why the big meat companies aren't supplying more product domestically.
Here he is going into bat for the defense. Tom Young,
National Livestock Manager, Forever go Tom, are you're ripping this off?
Speaker 4 (16:02):
I'm always searching for utopia for you, Jamie always.
Speaker 2 (16:05):
What's the rationale behind the shortage of beef and lamb?
Speaker 4 (16:09):
Well, well, I think that's the thing to remember is
in the last year or so, the labors come back
into the meat plants. So if you turn the clock
back two three four years ago, we were constructed with
COVID lack of labor, so the kill actually went on
for further so the plants had something to do right
through into winter.
Speaker 3 (16:26):
So there was.
Speaker 4 (16:27):
Simply more product available for longer going into winter for
that domestic trade in New Zealand. So if I've sort
of been a little bit cynical, they probably haven't seen
this coming, or I guess didn't realize it was going
to be this bad. And we're certainly seeing kill numbers
or kill levels week on week lower than we've ever
seen them before. So I think it's a function of
(16:49):
the labor's back. But we're also seeing a lack of
probably carves two year old carves or bobby cars read
two years ago and coming through now beef carves. And
we're also seeing a sort of changing land use, you know,
obviously trees going in and people getting out of sheep.
So that's all combined to mean that there's simply not
the volume of product available at this year.
Speaker 2 (17:10):
Okay, I can kind of get that, But when you're
getting such poor returns across the board for sheep farmers,
especially for lamb and mutton at the moment, and there's
botchers are saying they're having to pay record prices for
the stuff, why don't you divert a bit more of
it domestically.
Speaker 4 (17:26):
Well, you know, we do have a lot of product
going domestically and it's still an important part of our business.
But a domestic supermarket doesn't make it doesn't buy all
our meat in the middle of summer either. So when
the North Island and South Island are killing lamb, as
an example, both islands can kill up to three undred
thousand lambs a week and there's no supermarket or no
(17:47):
domestic market in New Zealand that can handle that volume.
So our overseas customers are just as important of their
domestic domestic customers. But once again we have you know,
we have a spread of customers around the world and
they all get their share of the product. I guess.
And what we're seeing in New Zealand is just really
(18:07):
just an anomaly in time.
Speaker 2 (18:09):
Are the supermarkets ripping us off? And I know you
probably have to tread warily here because you deal with them,
but it seems to me. And look, this is economics
one O one from a dummy who got C minus
and economics I think way back in my university day's time.
I didn't try hard on the exam. That's my excuse.
But look, if a cocky is getting seven bucks, and
I know that's across the whole animal, and what wanders
(18:32):
he or she wanders into a supermarket and there it
is on sale for thirty five bucks. Someone is making
a nice clip of the ticket, thank you very much.
Speaker 4 (18:42):
Yeah, look, I I would have mentioned the supermarkets are
making good money on it. I mean, I'm like anyone,
I'm not close enough to what they do. I don't
know the costs or anything behind the business. A little
bit like it's a bit easy to poke a stick
in a meat company and go, oh, you're making a
whole lot of money. But the reality is your costs
continue to go up. So we're you know, we're seeing
energy costs, electricity, natural gas continues to climb. Fixed overheads
(19:07):
even gone away, and so just you know, just talking
from our business that you know, when you've got less
stock going through a plant, which is what we're seeing,
the worst we've probably ever seen, you've got you know,
you've got costs greater cost than you had twelve months ago,
and you've got less animals coming through a plant. So
it's certainly not all beer and skills for a meet company.
What we are seeing week one week, we're seeing the
(19:28):
lamb price go up, and I think we're not a
million miles away from approaching levels where we were five
years ago. So things are improving. I think we've got it.
You've got to keep it in context. I think the
big issue is that the last three or four years,
where we saw eight nine ten dollars a lamb, we
also had a world that was sort of a bit
upside doubt, so we had plenty of free money washing
(19:50):
around the world, every central bank through money everywhere to
try and see their way through COVID. You have the
situation in China where you had lamb sorry you had
pork was you know, the pork crop was destroyed with
the with the swine fever virus. So you had a
number of factors that meant that the sort of the
sheep business or the O one business went went crazy.
So I don't think you're going to see that again
(20:11):
in the short term, but I think we're fast approaching
that sort of five year levels. And like I mentioned
in my last interview with you, we're sort of conscious
that we need to get this price up as close
to seven as we can in the summer because it's
the breeder finisher that needs to sort of see.
Speaker 2 (20:25):
Okay, Tom. The big problem for sheep farmers though, and
you're talking about five year averages and prices getting back
to they were pre COVID, But since COVID and the
intervening fine five years, the cost of running your sheep
or beef farm has gone through the roof. So five
prices five years ago no longer cut the mustard.
Speaker 4 (20:46):
Yeah yeah, Well the markets of the market, so we
can only do it. We can do with what we're
sort of given. I guess all we can do is
try and force their price up and pass as much
as we can to farmers back to farmers. And I
think we're doing it. I mean, if you looked at
I say, beef is an example, Prime beef is approaching
the same price it was two years ago, which is
a record. Lamb's been going up incrementally every week, So
(21:10):
I think I think that's been reflected in the schedule.
Do I think we can get to eight nine ten
dollars now? If I'm honest, I don't. But then again,
it's a bit like saying it'd be nice to have
a two or three percent interest rate. I don't think
you're going to see anything that sort of price money
anytime soon.
Speaker 6 (21:28):
Either.
Speaker 4 (21:28):
It was an anomaly in time when you know you
sort of had money around the two to three percent.
It was probably anomaly in time, and you get nine
ten dollars a lamp.
Speaker 2 (21:35):
Hey, Tom Young really quickly, because I'm running out of time.
Are f co plants being hammered by an energy crisis? Electricity,
natural gas, well.
Speaker 4 (21:45):
Certainly natural gas. I mean we're seeing the you know,
we're looking at renegotiating the price of all and it's
gone ballistic from what we were paying. So as long
as we pay the bill, we still get it. But
yet certainly it's certainly not not getting any cheaper.
Speaker 2 (22:01):
All right, there we go, Tom Young out of AFCO,
Thanks for your time, no problem at all, Thank you, Tom.
It is twenty seven away from one. We're going to
take a break because we're running out of time. Rural
News some sharing records broken on the other side of
the world, and Sports News new all black team named
(22:21):
take on Argentina the best kept secret in sport at
the moment with the Olympics on before the end of
the hour. Joe Higgins from PGG Rights and Real Estate,
and our Rossie correspondent Chris Russell. Yeah, here's a what
(22:45):
not a real song from nineteen eighty one. It was
a rehash, really, and it was the biggest song of
nineteen eighty one. I'm giving Michelle a wee bit of
a music history lesson here. She wasn't even born, so
I'm not sure I believe that Rowena used to fudge
her aid she's actually talking about Rowena. She sent me
some interesting commentary on the Sharing records so that's our
(23:07):
rural news. Let's here about it.
Speaker 1 (23:09):
The country's world news with Cob Cadet, New Zealand's leading
right on lawn Bower brand. Visit Steel four dot co
dot z for your local stockist.
Speaker 6 (23:18):
That's right, Jamies. This is a great story, am I all?
Speaker 2 (23:21):
Yeah, I think you're on okay cool, So this.
Speaker 6 (23:24):
Is a great story. A veteran scott a sharer who
is the only woman to qualify in the top thirty
at the Golden Shares and Marsterden has shattered a world
record set by New Zealander Sasha Bond just six months ago.
Sharing at Triumphanic Farm and Cornwall, fifty one year old
Erna Cameron was chasing Bond solo woman's nine hour strong
will use record of four hundred and fifty eight and
(23:45):
finished at four am. I think it was actually yesterday
New Zealand time with a new record of five hundred
and seventeen. That's pretty amazing, isn't it.
Speaker 3 (23:53):
Yeah?
Speaker 2 (23:53):
Well, and Rowena blessed. I did send me a text
and she does follow the share in closely. She said,
I don't think we're going to see two any records
set in New Zealand. Moving forward, not when the English
sheep are sharing so well for records and smaller animals.
Maybe something to talk about to David Fagan next time
he's on. Well, that's a good point that this is
(24:14):
awesome for Erna, is it or Erna? Yeah fifty one,
what a great effort, but also frustrating for New Zealand.
Speaker 3 (24:21):
Yeah.
Speaker 2 (24:21):
And I think this was set at Matt Smith's farm,
who's of course Roland Smith's brother. Very close knit fraternity,
the sharing fraternity. Right, Let's have a look at that
new All Black team.
Speaker 1 (24:34):
Sport with the Avco Kiwi to the bone since nineteen
oh four.
Speaker 2 (24:39):
So senior All Blacks Antonin, Leonnet Brown and TJ. Per
Andara have forced their way into the All Blacks Test
team to tackle Argentina and Wellington on Saturday. Leonet Brown
takes the number thirteen jersey from Rico Juanni and Peranara
hips Cortez or Atima for the halfback spot. Injuries and
training have sidelined to experience All Black senior Lockpatrick Twey
(25:02):
Polotu and a calf issue with a calf issue and
loose forward Luke Jacobson with a dodgey hamstring. Sam Darry
will have his first test start at Locke alongside tupou
Veaye and Ethan Blackadder takes over at blindside flanker. Will
Jordan will make his return from injury from the Brent
(25:24):
from the bench Boden Barrett preferred at fullback Locke. Josh
Lord makes a return from serious injury via the subs bench.
Also and an Olympic news, Eliza McCartney isn't hanging up
the poll after finishing sixth in the Olympic Games pole vault.
After overcoming years of injury issues to compete in Paris,
(25:45):
McCartney is keen to hang in there for the next
four year cycle. Maybe go to la and twenty twenty eight,
remembering she was at Rio in twenty sixteen. That is
a gutsy effort. And that's your sports news. Up next
on the Country, we're going to go to the Timuka
sale yards talk about of farming and foody with Joe
(26:07):
Higgins You Love Me monthly. Here on the Country, we
catch up with the team from PGG Rights to talk
a bit of farming and in this case a bit
of foody because we're heading to South Canterbury Timaroo. In
(26:29):
fact Timuka, I think where we find Joe Higgins, who
is the Mid and South Canterbury Regional Livestock Manager, and
we will talk about your Heartland rugby team, Joe, but
before we do cattle sale store. Cattle sale today and
Tamuka prices are pretty good. I'd imagine the vendors are
going to be quite happy.
Speaker 5 (26:48):
Well, Jamie, we've got a good size yarning here which
has been out of character for this time of year.
There is just over twelve hundred and you did right,
what's the numbers out of simply that the prices have
been paid currently and that's just due to a general shortage.
We've got all forms of trading livestock in the not
only Mid and South Canabay, I think it's generally the
(27:09):
whole of the South Island really on the back of
the drought we had earlier on in the poorer prices
and there's just less stock taken through the winter and
now we've found the price for it. You know, we've
got a big trading area nowadays, particularly in Mid Canterbury.
Not a lot of breeding stock there and so those
one of continue trading cattle and lambs for that matter
all the time and we've kind of all a bit
(27:31):
trying to find stock to replace what's going out.
Speaker 2 (27:34):
Yeah, well, the beef prices have been pretty good or
pretty sound anyhow. I can't say that of lamb, but
I know that lamb all bet in the off season
has crept up quite a bit in the past month
or so. And that's fine and dandy in August, Joe.
It's probably what your lamb's going to be worth next
summer that really matters. But at the moment, fetching reasonable money.
Speaker 5 (27:56):
Yeah, it's going good. At the moment. We do have
quite a big winter trail in my area. There's a
lot of lambs get bought in the autumn and taken
through to the spring, and that market shift is certainly lifted.
You know currently that it's sitting on seven or a
bit over. It's quite early for this time of the year.
It's moved quite early in August. We usually don't see
it till later on. I don't know where it's going
(28:18):
to end up. Could go another forty fifty cents, I
don't know, but it's certainly gone early anyhow, and that's
just on the back of lack of numbers in the province. Really,
and I think sheep numbers or lambs in the South
Old generally down all round, and that's what's caused issue
really in the price to jump. It's procurement driven to
(28:39):
some extent.
Speaker 2 (28:40):
Are we eventually going to run out of lambs in
this country?
Speaker 5 (28:44):
Well, I don't want to be negative about it, but
there's certainly still numbers going people going out of them again.
We actually had more you sold this year and in
lamb U Fair in July than what we did in
our U fair in February, which is the first and
that's just just an indication that people are once again
going out of sheep and looking to do other things.
Speaker 2 (29:04):
You guys at PGG Rights and I've got a product
where you've had it on the market for quite a
while at the moment, but one of the buzzwords for
farmers or for business people and for homeowners, let's be
honest about it at the moment, Joe, there's interest rates.
So you guys have cut a deal where farmers can
basically get a reduced interest rate and they don't have
to pay anything until they've bought the stock and then
sold them, so cash flow wise, that is very very handy.
Speaker 5 (29:29):
Yeah, it's a trading product but god, it's called the
go product space. It's been around probably four or five
years now. Time flies with something like that anyhow, where
people can use it just to buy trading stock over
a pair to twelve months. It runs three hundred days
extually for lands, three sixty for cattle, and you can
turn the cattle one over if you want to go
two years and do it again. But yeah, just it's
(29:52):
been widely used. People like it. These are quite regularly.
They don't have to pay anything back to actually sell
the stock, so whatever they purchase it for, they don't
have to pay increment interest rates on the way through.
They just comes out of the what they sell it
for at the end. And just recently Jamie Maloiney's wisdom
has dropped we call a duration fee, actually not instrate,
(30:15):
it's called a duration fee, and that's actually dropped back
a few I think two or three percent just in
the last two or three weeks, so just to make
it a week at easy. If that's just in line
with what's tapping with the banks and interest rates, they
all seem to be slowly bringing them back at the moment,
so they've just dropped that back till three percent.
Speaker 2 (30:32):
Well, everyone, apart from Adrian or I know you're a
rugby nut. I'm really looking forward to the NPC. My
South and Stags are kicking it off with Stag's Day
down on the Cargo on Saturday against Otago. I hope
we can get across the line there. You guys in
South Canterbury could argue that you've got the best provincial
team in the country. I think you're undefeated for the
(30:52):
past couple of years. Are you going to have a
good team again this year?
Speaker 5 (30:57):
My understanding is the team is pretty much the same
bud or two changes, but they've got the same coaching
set up and pretty much the same team, so they're
going for a three peat. But we'll find out how
good they are first game up, really because they got
Wong the Newly which was the final last year at
Long the Newi at home, so we're certainly going to
first game up, we're going to find if we're in
(31:18):
the running again really so, but yeah, they're looking to
have another successful season.
Speaker 2 (31:22):
Well good on you, and I know that the people
of South Canterbury are very proud of their footy team
and they get out in numbers to support them and
bring on the NPC love it. I'd much prefer the
NPC to Super Rugby. That's me. I'm a bit old
school on that one. Hey, Joe Higgins, thank you very
much for your time.
Speaker 5 (31:39):
No, very good, thank you, Jamie, thank.
Speaker 2 (31:41):
You, Joe yep Stag Day on Saturday. Down on the cargo,
Go the Stags. Maybe a wee bit more about rugby
at the end of the show. But up next I'm
going to put the boot into our osie correspondent Chris
Russell cocaine snorting hockey players. He's our assie correspondent, Chris Russell,
(32:10):
based out of Sydney. We're very competitive Australia and New
Zealand and the Aussies are doing very well at the
Olympics of record gold medal hall overnight. But Chris, I
just thought i'd ask, well, start, should I say, by
asking about your hockey team, how they got on, particularly
that Tom Craig guy.
Speaker 7 (32:29):
Yeah, well, you know, obviously trying to boost their rods
a bit. But look, I've just heard this morning that
he's got off without a criminal record, without a fire
and very apologetic. I mean he's just stupid. I mean,
how stupid would you be? Really? I mean, your part
of the one of the most successful teams of games
and you run around looking to buy half a gram
of cocaine in the middle of Paris. I mean, really,
(32:50):
the guy's a lunatic. But yeah, they haven't had a
great year, but everybody else has had a pretty good
year this year.
Speaker 2 (32:56):
Well, you've got some fantastic athletes, and you know, we
all know always does well on the swimming and you
had the girl Watson named Titomas leading the charge there.
But your track athletes are going pretty well.
Speaker 7 (33:09):
As well well, and it's surprising. Normally everything falls away
when it comes to track and field. But we just
won another gold this morning in the pole vault with
young Nikki, so we've had four golds. We've actually run
overnight now that's the equal best one day tally ever
and we're now at a record level of golds for
(33:31):
the whole for the whole tournament, you know, eighteen golds,
which is one more than we got in Athens or Tokyo,
which were our previous best, and two more than Sydney
which was sixteen. So you know, I don't want to
brag Jamie, but it's just a freak year. I think
I must say Australia pushes massive amounts of money into
sport and that's the resulting things like one family, the
(33:55):
Fox family, the family with the two canoeists and kayakers
have got more goals than some countries.
Speaker 2 (34:03):
Well, Chris, I would say this, and with all sincerity,
you probably pound for pound the best sporting nation in
the world. If we discard the Wallabies, let's move on Americans.
They're at the top of the middle, Telly. They love
their hamburgers and that's benefiting both Australia and New Zealand
at the moment. They just can't get enough of our
grinding or manufacturing beef.
Speaker 7 (34:25):
No, it's unbelievable. We exported just under one hundred and
thirty thousand tons of beef in July, which beats the
previous monthly record which goes back to March twenty fifteen.
Now this is a combination of bigger carcassways, bigger the
man and so on, but it's the most beef ever
exported by a month and thirty four percent up on
(34:49):
the July last year, So you know it's I think
in United States alone they took thirty eight thousand and
five hundred tons, which is sixty one percent higher than
July last year. So other than US, we've got Japan,
we've got South Korea, China. There's just a shortage of
that grinding beef as they call it. And of course
(35:11):
the price we're sending it over to us also is
at a record level of nine dollars eighty eight akilo.
That's US dollars achilo and just shows now. Unfortunately not
all the farmers that get the farmers are not seeing
that completely run through to them yet, but I'm sure
it will increase, and I see that the indicated prices
are all on their way up. So yeah, very amazing.
(35:34):
We can't get enough beef, can't ship it down enough,
and you know, I long may continue.
Speaker 2 (35:40):
Absolutely for both of our countries. Look, some people in
their Hamburger's Chris like avocado. I think it's mushy and horrible.
I'm not an avocado fan at all. But if you
are an avocado fan on either side of the testament,
I think you're going to be pretty well served for
the next few years because we absolutely have a glut.
Speaker 7 (35:58):
Yes well, and so they're playing them into the ground.
There's a lot of avocados that come onto the market
from trees that are maturing about extra eighteen thousand tons
about hit the market up in North Queensland. And of
course they're not. They're things that you probably don't just
take out tomorrow. They'll stick it out for a while.
So if you're an avocado lover, which I'm not, I
(36:20):
just you knowel I find it like putting a grease
gunder your mouth and filling your mouth up with that.
But you know people do. They've smashed avocado on taste.
Is the sort of dorig for breakfast these days, and
you're in for some happy years. I think it'll being
oble to buy cheap avocado from a time when they
used to be quite expensive.
Speaker 2 (36:39):
Chris Russell, thank you very much for your time. We'll
catch you back next week.
Speaker 7 (36:44):
Look forward to it, Jamie.
Speaker 2 (36:47):
Thanks Chris. I don't know if you enjoyed the cocaine
joke or not. We're going to wrap it with some
of your feedback after the break, okay, wrapping the country
with some of your feedback. If the meat companies don't
put up their price, they will run out of lamb
for sure. And Mouz says he's a wee bit worried
about our locking stocks without Scott Barrett our songs from
(37:10):
nineteen eighty one. My big memory of nineteen eighty one
as the Springbok tour. I was deemed too young, as
a young farmer in Riversdale to join the more senior
members of the club to go down and guard Rugby
Park against the protesters. It was just a night on
the boozin and the cargo for the boys from the
country towns. But I must say on Friday night in Riversdale,
(37:34):
last Friday night, I got awarded a life membership. Don't
think I deserve it and I got it. I'm not
giving it back. And honestly one of the for the
Riversdale Rugby Club Michelle, and that's one of the I
was chuff. It's one of the best honors you could
possibly get, judged by your peers who you played footy
with in the eighties. Enjoy nineteen eighty one, will catch
(37:54):
you back tomorrow.
Speaker 1 (38:01):
Catch all the latest from the Land Hits the Country
podcast with Jamie McKay. Thanks to Frent, You're specialist in
John Deere construction equipment
Catch all the latest from the land. It's the Country
Podcast with Jamie McGue. Thanks to Brent, You're specialist in
John Deere machinery, you haven't in all you world.
Speaker 2 (00:20):
He took the Minnu trinker. You're the city by on
and raising shaft. He took the minnutrincker. Gooday in New
(00:42):
Zealand and welcome to the Country, brought to you by
Brent kicking it off with a bit of Steve Perry Journey.
Don't stop believing Michelle's loaded this up. Goodness knows why,
but I'm gonna go with it today. In fact, I
know why she might have chucked this one, and because
I think our first guest, Shane Jones, may have used
this song in one of his election videos, remember Sea Shanty.
(01:07):
I think he did this one as well. So Shane Jones,
the Prince of the Province is to kick off the
country today. Debi n Noriwa paka bless her said the
country is being rung run, should I say by a
dark triad the Macavelian, the psychopath and what was the
(01:27):
other one, the narcissist? Who who they are? I don't know.
We might ask Shane on that one. Tom Young Okay,
we're going to get to the try and get to
the bottom of this issue around the lack of supply,
which seems rather bizarre in a country like ours that
we would be running short of beef and lamb, but
we are so they are our big meat companies. Tom's
(01:49):
of course the f Coast National Livestock Manager. Are they
guilty of not diverting enough product to the domestic market.
We'll have a look at that and ask why you're
paying so much, especially for your lamb, or when the
farmers are getting paid bugger or for it. Chris Russell's,
our assie correspondent, can't wait to put the boot into
him about the cocaine snorting hockey players at the Olympics.
(02:12):
Other than that the Assies have been going great guns,
haven't they, And apparently over there but like here, soaring
export beef prices but you avocados you can't give him
away and Joe Higgins a month they look at the
market with PGG Wrights and Mid Canterbury South Canterbury Livestock
Manager might talk a wee bit of footy as well.
(02:33):
NPC up and under way this weekend. We've got Heartland
Rugby really looking forward to that. It's all on the country.
Michelle will be in here for Rural News and we'll
have a look at sports news. We've got a new
All Black team named and if you're just wondering who's
in it? Before I go to Shane Jones, Anton Lennet
Brown gets the nod at thirteen outside, Jordi Barrett, ricco
(02:55):
Uanni on the bench. Interesting Boden Barrett starts at fullback.
Will Jordan's going to come off via the bench, Sam
Darry good to see him getting a first Test start,
along with Tupo Vayer. Of course, Josh Lord is on
the bench, Ethan Blackadder getting a go at blindside and
(03:15):
TJ Peranara. It's the halfback Jersey probably his last game
or definitely his last game for the All Blacks at
Sky Stadium. You may know it better as the cake
t and up next to the Prince of the Provinces.
(03:45):
They call this man the Prince of the Provinces, which
I guess Shane Jones is a lot better than being
called Macavlian, a psychopath or a narcissist. Debbie Nari Wapaka
took the gloves off in the house yesterday and you
weren't there to respond and defend your bosses.
Speaker 3 (04:02):
Debbie Packer is the rabbit Queen of the Maori Party,
and she has been in one or three colonial holds
too many. That speech was disgraceful. It lowers the standing
of Parliament, and sadly for the rest of us, she
lumbers us all well less than agreeable reputation. I think
(04:27):
she sees goblins and fairies. But because the human color
spectrum she enjoys is unseen by the rest of us,
she's in a world of her own.
Speaker 2 (04:37):
Well, they go on about racism, I'd say the biggest
racists in the house her and Roweri.
Speaker 3 (04:46):
They are losing lots of support amongst the garden variety
Maldi voters. They now realize that they've backed a pair
of extremists who seem more attracted to the bleak days
of the Shin Party. Their ability to influence policy, their
ability to improve investment, their ability to engender jobs is
(05:09):
less than zero. And look, I don't know about your listeners,
but I'm sure I reflect their concerns. We're sick of
this ideological sludge coming from that part of the political spectrum.
Speaker 2 (05:20):
Well, I guess Chris Hipkins and the Labor Party must
be burying their head in an embarrassment almost the fact
that the Greens and to Party Marray are effectively activist
party now, so it's going to be very difficult for
them to form a coalition should they ever get voted back.
And just on a side note, who's the psychopath, who's
the narcissistant? Who's Macavelian?
Speaker 3 (05:43):
Well? I studied politics and Gary Baldi and Machiaveli we're
key features of Italian history. But look, I don't want
to indulge in that type of name calling, although I
just did call her the Queen of the rabbit queen,
and I think it's I think it's a term she's
(06:03):
working really hard to deserve.
Speaker 2 (06:05):
Monje, you were getting into Chloe in the house recently.
You said you talked about her Green ideological sludsh and
I thought that wasn't a bad shot.
Speaker 3 (06:15):
Well, where in the midst of a power crisis, we've
got insufficient gas investment dried up. No one is to
blame more than the Green Party and the juvenile assertions
of Jacinda when she said that she was experiencing a
I think it was a nuclear moment and she needed
(06:36):
to close down the gas industry. Of course, Megan Woods
crowned that folly to a greater level by closing down
our refinery. Everywhere I look mate, a regional New Zealand
needs to be alert because a lot of the props
that have maintained our resilience and maintain our profitability, they're
(06:57):
being eroded. And affordable energies always being a key feature
which gave us a competitive advantage in New Zealand.
Speaker 2 (07:04):
And you came out and said last week and New
Zealand had the most expensive power in the world.
Speaker 3 (07:11):
Indeed, and I've been challenged by callo young journalists who
won't do their own homework, I can assure you that
information came from one of the most sophisticated private sector
investment analysts. And the energy sector the gent tailor's the
whole electrical sector. It's over GMT for some serious medical attention.
(07:36):
And where there are rules and where there are regulations
that have to be changed. I don't want to approach
these things as if our contribution as an astraa and
a motorbike. We've got to make meaningful change because we
cannot have employeers laying off people. Regional firms closing down
because New Zealand is no longer an affordable country because
(07:56):
of energy and as you know, there's not a lot
of money coming from the fiscal end because we're running
a contractionary budgetary approach. There's not a lot of money
coming out of the monetary policy because it's going to
take a long time for us to get back to
very low interest rates. So we're going to have to
import capital and do it in such a way that
it opens up and crows areas such as aquaculture, and
(08:19):
we're not going to do that if we have too
much red paint green termites. It's the brown standover tactics
from the Maori Party, or indeed unaffordable energy, the folly of.
Speaker 2 (08:32):
The previous government's energy policy. The chickens are really coming
home to roost. It's not raining the hydro lakes or
at only fifty seven percent of capacity. We're seeing six
hundred percent increases on the spot market. We're seeing mills
closing down because they can't afford to pay the electricity
price to run them. Are we a banana republic? Are
(08:54):
the light's going to go out?
Speaker 3 (08:56):
Well, we've got a few options in front of US.
Obviously there's demand management. I had Reochento in my office
the other day. They're reducing the amount of energy that
they take to provide more energy for us. I'm told
that methodics, the producers who use a lot of gas
and tartanaki, are reducing their production so that other New
Zealanders have access to energy. There's an option of importing
(09:17):
LNG and LPG. In some ways, I regard that as
an indictment that we close down the indigenous gas industry.
Speaker 4 (09:25):
And if we.
Speaker 3 (09:26):
Start to import gas, can we avoid a situation if
we have a geopolitical meltdown such as Ukraine and our
neck of the Woods? What will that do to our
economy if we're reliant on the Japanese spot price of
allen G and LPG. So those things are being looked at.
There's deep seated get thermal energy under coedon and Toploum
advised if they can ever crack the engineering, it will
(09:47):
massively expand at an affordable rate our energy. But look,
the last comment did nothing other than cancel the oil
and gas industry and all of the consequences. Like plucked
fowls are now roosting in front of us.
Speaker 2 (10:03):
I'm the Southlander and I realized how important tea wires
to the Southland economy. But if we made a cock
up re signing a deal with a major multinational that's
using power and we haven't got enough of our own.
Speaker 3 (10:17):
The reality is they have a contract with the Crown.
It cannot our situation in New Zealand, such as what
Meghan Woods do indiscriminately summarily canceling contracts and then diminishing
people's confidence in our sovereign worthiness. What we need to
do is massively expand the supply of energy. We've got
(10:38):
the fast track legislation that's going to deliver part of
the answer, but we've also got to delve into the
makeup of our electricity sect. I personally can't understand why
these gentailers are allowed to own retail books as well
as generation assets. They should be sent back to focus
on core business, which is expanding the amount of energy
(10:59):
and stop aiming the system.
Speaker 2 (11:01):
Well, the whole system is set up wrong. I heard
our commentary from an energy expert saying the market is
doing exactly what it was set up to do, which
is to get high prices and high profits at times
of scarcity. We've got an ass about face.
Speaker 3 (11:15):
We need to enhance national interest. We need to ensure
that the narrow cost of managers, directors and those fortunate
fortunate enough to own shares don't profit disproportionately at the
cost of regional New Zealand that has been if we're
not careful, turning into an economic desert, if we have
(11:37):
too many of these large employers sent to the wall
through energy prices.
Speaker 2 (11:40):
All right, Jane Jones, I'm going to finish this by
putting the blow torch on you. So I'm figuring if
Debbie reckons maybe Luckson's Macavelion, who's the psychopath and who's
the narcissist? Is seen more the psychopath? Is Winston the narcissist?
Speaker 3 (11:55):
Come on, Oh, there's a fair bit of machiavellianism in
the New zeal And first makeup, So I'll leave the
other two to your listeners to determine.
Speaker 2 (12:04):
Also Winston's Macaveli, And there we go. It's part of
the dark triad according to Debbie, leading this country to ruin.
Shane Jones, it's up to you to fight the good
fight on behalf of Joe average New Zealanders.
Speaker 3 (12:16):
Now I'm looking forward to him mate the Mary Party.
Speaker 5 (12:19):
If I have my way.
Speaker 3 (12:20):
Therefore, the Meccor's yard and the rebit Queen can disappear
into one of the clonial holes that she bitches about it.
Speaker 2 (12:28):
Thank you, Shane. Why don't you tell us what you
really think? Interesting times? Barry Soper, by the way, who's
been reporting on parliament and politics in this country since
Muldoon was in power, said, in more than forty years
this is in his Herald quote from his Herald column.
In more than forty years, sitting above the battlers in
(12:50):
the debating chamber below, never has such a provocative and
for many insulting speech been delivered. And I'm sticking with
my thoughts on it. I'm not as bad as Hosking.
I don't sit at home in the afternoon and watch
question Time. But from what I've seen, I think the
two biggest racists in the house are Debbie and old
(13:10):
rah Wari. So that's just my opinion on it. So
musical theme today from nineteen eighty one, Michelle, you've loaded
me up with four songs. Michelle, I don't know why
you went with Harder Glass by Blondie The reason I
know it was nineteen seventy nine. I was a first
year commerce student at Otago University. You remember seminal moments
(13:32):
and songs in your life? That was one of them.
You've missed by two years.
Speaker 6 (13:36):
I wasn't alive in nineteen seventy nine. To my defense, Jamie.
Speaker 2 (13:39):
Well, I mean you can just go where did you
get the information from?
Speaker 6 (13:42):
Obviously a very bad source. I think I might have
chosen it. On my defense, I think Blondie did. They
did have a hit in nineteen eighty one, but I
didn't like it, so I chose that one.
Speaker 2 (13:52):
I that's a really good logic there. Well done. Hey,
some are your feed some are your feedback. Hi, Jamie.
As a longtime National Act supporter, absolutely love Shane Jones.
He's a great advocate for getting New Zealand back on track,
supports farmers and farming mining, and has a good keen
mind as well. He keeps the extreme Maori in check.
(14:15):
Another good interview, Thanks Jules. Here's another one. Oh, when
it comes to energy, why are they putting an electric
boiler in at Fonterra's Edendale plant? Interesting question? Might be
a waste of time if we haven't got enough electricity
to fire it up. And another one here saying get
into the bastards over the meat prices. Jamie, our premium
(14:38):
black angus only net US six dollars fifty a kilo.
Yet I see mince at seventeen dollars a kilogram in
the supermarkets. WTF. What the hell is going on there?
That's a fair question, And that's a question I'll put
next to Tom Young on behalf of the meat companies.
It's not the meat companies. I reckon the supermarkets, the
(15:01):
ripoff artists.
Speaker 6 (15:02):
Here.
Speaker 2 (15:02):
You farmers are getting paid six or seven bucks a kilo.
Good luck going in and trying to buy some meat.
And I know everyone's got to get their cut, but
someone's making a lot of money out of meat at
the moment, and it ain't you guys. That's what I reckon, anyhow,
So up next Tom Young to talk about this bizarre
situation I reckon in this country anyhow, where we haven't
got enough beef and lamb to go around. Don't stop
(15:26):
believing he.
Speaker 6 (15:38):
Sweets crag.
Speaker 2 (15:40):
It seems rather bizarre, doesn't it. In a land of
milk and honey, or in this case of land of
beef and lamb. We haven't got enough of it to
go around at the moment to tell us why and
why the big meat companies aren't supplying more product domestically.
Here he is going into bat for the defense. Tom Young,
National Livestock Manager, Forever go Tom, are you're ripping this off?
Speaker 4 (16:02):
I'm always searching for utopia for you, Jamie always.
Speaker 2 (16:05):
What's the rationale behind the shortage of beef and lamb?
Speaker 4 (16:09):
Well, well, I think that's the thing to remember is
in the last year or so, the labors come back
into the meat plants. So if you turn the clock
back two three four years ago, we were constructed with
COVID lack of labor, so the kill actually went on
for further so the plants had something to do right
through into winter.
Speaker 3 (16:26):
So there was.
Speaker 4 (16:27):
Simply more product available for longer going into winter for
that domestic trade in New Zealand. So if I've sort
of been a little bit cynical, they probably haven't seen
this coming, or I guess didn't realize it was going
to be this bad. And we're certainly seeing kill numbers
or kill levels week on week lower than we've ever
seen them before. So I think it's a function of
(16:49):
the labor's back. But we're also seeing a lack of
probably carves two year old carves or bobby cars read
two years ago and coming through now beef carves. And
we're also seeing a sort of changing land use, you know,
obviously trees going in and people getting out of sheep.
So that's all combined to mean that there's simply not
the volume of product available at this year.
Speaker 2 (17:10):
Okay, I can kind of get that, But when you're
getting such poor returns across the board for sheep farmers,
especially for lamb and mutton at the moment, and there's
botchers are saying they're having to pay record prices for
the stuff, why don't you divert a bit more of
it domestically.
Speaker 4 (17:26):
Well, you know, we do have a lot of product
going domestically and it's still an important part of our business.
But a domestic supermarket doesn't make it doesn't buy all
our meat in the middle of summer either. So when
the North Island and South Island are killing lamb, as
an example, both islands can kill up to three undred
thousand lambs a week and there's no supermarket or no
(17:47):
domestic market in New Zealand that can handle that volume.
So our overseas customers are just as important of their
domestic domestic customers. But once again we have you know,
we have a spread of customers around the world and
they all get their share of the product. I guess.
And what we're seeing in New Zealand is just really
(18:07):
just an anomaly in time.
Speaker 2 (18:09):
Are the supermarkets ripping us off? And I know you
probably have to tread warily here because you deal with them,
but it seems to me. And look, this is economics
one O one from a dummy who got C minus
and economics I think way back in my university day's time.
I didn't try hard on the exam. That's my excuse.
But look, if a cocky is getting seven bucks, and
I know that's across the whole animal, and what wanders
(18:32):
he or she wanders into a supermarket and there it
is on sale for thirty five bucks. Someone is making
a nice clip of the ticket, thank you very much.
Speaker 4 (18:42):
Yeah, look, I I would have mentioned the supermarkets are
making good money on it. I mean, I'm like anyone,
I'm not close enough to what they do. I don't
know the costs or anything behind the business. A little
bit like it's a bit easy to poke a stick
in a meat company and go, oh, you're making a
whole lot of money. But the reality is your costs
continue to go up. So we're you know, we're seeing
energy costs, electricity, natural gas continues to climb. Fixed overheads
(19:07):
even gone away, and so just you know, just talking
from our business that you know, when you've got less
stock going through a plant, which is what we're seeing,
the worst we've probably ever seen, you've got you know,
you've got costs greater cost than you had twelve months ago,
and you've got less animals coming through a plant. So
it's certainly not all beer and skills for a meet company.
What we are seeing week one week, we're seeing the
(19:28):
lamb price go up, and I think we're not a
million miles away from approaching levels where we were five
years ago. So things are improving. I think we've got it.
You've got to keep it in context. I think the
big issue is that the last three or four years,
where we saw eight nine ten dollars a lamb, we
also had a world that was sort of a bit
upside doubt, so we had plenty of free money washing
(19:50):
around the world, every central bank through money everywhere to
try and see their way through COVID. You have the
situation in China where you had lamb sorry you had
pork was you know, the pork crop was destroyed with
the with the swine fever virus. So you had a
number of factors that meant that the sort of the
sheep business or the O one business went went crazy.
So I don't think you're going to see that again
(20:11):
in the short term, but I think we're fast approaching
that sort of five year levels. And like I mentioned
in my last interview with you, we're sort of conscious
that we need to get this price up as close
to seven as we can in the summer because it's
the breeder finisher that needs to sort of see.
Speaker 2 (20:25):
Okay, Tom. The big problem for sheep farmers though, and
you're talking about five year averages and prices getting back
to they were pre COVID, But since COVID and the
intervening fine five years, the cost of running your sheep
or beef farm has gone through the roof. So five
prices five years ago no longer cut the mustard.
Speaker 4 (20:46):
Yeah yeah, Well the markets of the market, so we
can only do it. We can do with what we're
sort of given. I guess all we can do is
try and force their price up and pass as much
as we can to farmers back to farmers. And I
think we're doing it. I mean, if you looked at
I say, beef is an example, Prime beef is approaching
the same price it was two years ago, which is
a record. Lamb's been going up incrementally every week, So
(21:10):
I think I think that's been reflected in the schedule.
Do I think we can get to eight nine ten
dollars now? If I'm honest, I don't. But then again,
it's a bit like saying it'd be nice to have
a two or three percent interest rate. I don't think
you're going to see anything that sort of price money
anytime soon.
Speaker 6 (21:28):
Either.
Speaker 4 (21:28):
It was an anomaly in time when you know you
sort of had money around the two to three percent.
It was probably anomaly in time, and you get nine
ten dollars a lamp.
Speaker 2 (21:35):
Hey, Tom Young really quickly, because I'm running out of time.
Are f co plants being hammered by an energy crisis? Electricity,
natural gas, well.
Speaker 4 (21:45):
Certainly natural gas. I mean we're seeing the you know,
we're looking at renegotiating the price of all and it's
gone ballistic from what we were paying. So as long
as we pay the bill, we still get it. But
yet certainly it's certainly not not getting any cheaper.
Speaker 2 (22:01):
All right, there we go, Tom Young out of AFCO,
Thanks for your time, no problem at all, Thank you, Tom.
It is twenty seven away from one. We're going to
take a break because we're running out of time. Rural
News some sharing records broken on the other side of
the world, and Sports News new all black team named
(22:21):
take on Argentina the best kept secret in sport at
the moment with the Olympics on before the end of
the hour. Joe Higgins from PGG Rights and Real Estate,
and our Rossie correspondent Chris Russell. Yeah, here's a what
(22:45):
not a real song from nineteen eighty one. It was
a rehash, really, and it was the biggest song of
nineteen eighty one. I'm giving Michelle a wee bit of
a music history lesson here. She wasn't even born, so
I'm not sure I believe that Rowena used to fudge
her aid she's actually talking about Rowena. She sent me
some interesting commentary on the Sharing records so that's our
(23:07):
rural news. Let's here about it.
Speaker 1 (23:09):
The country's world news with Cob Cadet, New Zealand's leading
right on lawn Bower brand. Visit Steel four dot co
dot z for your local stockist.
Speaker 6 (23:18):
That's right, Jamies. This is a great story, am I all?
Speaker 2 (23:21):
Yeah, I think you're on okay cool, So this.
Speaker 6 (23:24):
Is a great story. A veteran scott a sharer who
is the only woman to qualify in the top thirty
at the Golden Shares and Marsterden has shattered a world
record set by New Zealander Sasha Bond just six months ago.
Sharing at Triumphanic Farm and Cornwall, fifty one year old
Erna Cameron was chasing Bond solo woman's nine hour strong
will use record of four hundred and fifty eight and
(23:45):
finished at four am. I think it was actually yesterday
New Zealand time with a new record of five hundred
and seventeen. That's pretty amazing, isn't it.
Speaker 3 (23:53):
Yeah?
Speaker 2 (23:53):
Well, and Rowena blessed. I did send me a text
and she does follow the share in closely. She said,
I don't think we're going to see two any records
set in New Zealand. Moving forward, not when the English
sheep are sharing so well for records and smaller animals.
Maybe something to talk about to David Fagan next time
he's on. Well, that's a good point that this is
(24:14):
awesome for Erna, is it or Erna? Yeah fifty one,
what a great effort, but also frustrating for New Zealand.
Speaker 3 (24:21):
Yeah.
Speaker 2 (24:21):
And I think this was set at Matt Smith's farm,
who's of course Roland Smith's brother. Very close knit fraternity,
the sharing fraternity. Right, Let's have a look at that
new All Black team.
Speaker 1 (24:34):
Sport with the Avco Kiwi to the bone since nineteen
oh four.
Speaker 2 (24:39):
So senior All Blacks Antonin, Leonnet Brown and TJ. Per
Andara have forced their way into the All Blacks Test
team to tackle Argentina and Wellington on Saturday. Leonet Brown
takes the number thirteen jersey from Rico Juanni and Peranara
hips Cortez or Atima for the halfback spot. Injuries and
training have sidelined to experience All Black senior Lockpatrick Twey
(25:02):
Polotu and a calf issue with a calf issue and
loose forward Luke Jacobson with a dodgey hamstring. Sam Darry
will have his first test start at Locke alongside tupou
Veaye and Ethan Blackadder takes over at blindside flanker. Will
Jordan will make his return from injury from the Brent
(25:24):
from the bench Boden Barrett preferred at fullback Locke. Josh
Lord makes a return from serious injury via the subs bench.
Also and an Olympic news, Eliza McCartney isn't hanging up
the poll after finishing sixth in the Olympic Games pole vault.
After overcoming years of injury issues to compete in Paris,
(25:45):
McCartney is keen to hang in there for the next
four year cycle. Maybe go to la and twenty twenty eight,
remembering she was at Rio in twenty sixteen. That is
a gutsy effort. And that's your sports news. Up next
on the Country, we're going to go to the Timuka
sale yards talk about of farming and foody with Joe
(26:07):
Higgins You Love Me monthly. Here on the Country, we
catch up with the team from PGG Rights to talk
a bit of farming and in this case a bit
of foody because we're heading to South Canterbury Timaroo. In
(26:29):
fact Timuka, I think where we find Joe Higgins, who
is the Mid and South Canterbury Regional Livestock Manager, and
we will talk about your Heartland rugby team, Joe, but
before we do cattle sale store. Cattle sale today and
Tamuka prices are pretty good. I'd imagine the vendors are
going to be quite happy.
Speaker 5 (26:48):
Well, Jamie, we've got a good size yarning here which
has been out of character for this time of year.
There is just over twelve hundred and you did right,
what's the numbers out of simply that the prices have
been paid currently and that's just due to a general shortage.
We've got all forms of trading livestock in the not
only Mid and South Canabay, I think it's generally the
(27:09):
whole of the South Island really on the back of
the drought we had earlier on in the poorer prices
and there's just less stock taken through the winter and
now we've found the price for it. You know, we've
got a big trading area nowadays, particularly in Mid Canterbury.
Not a lot of breeding stock there and so those
one of continue trading cattle and lambs for that matter
all the time and we've kind of all a bit
(27:31):
trying to find stock to replace what's going out.
Speaker 2 (27:34):
Yeah, well, the beef prices have been pretty good or
pretty sound anyhow. I can't say that of lamb, but
I know that lamb all bet in the off season
has crept up quite a bit in the past month
or so. And that's fine and dandy in August, Joe.
It's probably what your lamb's going to be worth next
summer that really matters. But at the moment, fetching reasonable money.
Speaker 5 (27:56):
Yeah, it's going good. At the moment. We do have
quite a big winter trail in my area. There's a
lot of lambs get bought in the autumn and taken
through to the spring, and that market shift is certainly lifted.
You know currently that it's sitting on seven or a
bit over. It's quite early for this time of the year.
It's moved quite early in August. We usually don't see
it till later on. I don't know where it's going
(28:18):
to end up. Could go another forty fifty cents, I
don't know, but it's certainly gone early anyhow, and that's
just on the back of lack of numbers in the province. Really,
and I think sheep numbers or lambs in the South
Old generally down all round, and that's what's caused issue
really in the price to jump. It's procurement driven to
(28:39):
some extent.
Speaker 2 (28:40):
Are we eventually going to run out of lambs in
this country?
Speaker 5 (28:44):
Well, I don't want to be negative about it, but
there's certainly still numbers going people going out of them again.
We actually had more you sold this year and in
lamb U Fair in July than what we did in
our U fair in February, which is the first and
that's just just an indication that people are once again
going out of sheep and looking to do other things.
Speaker 2 (29:04):
You guys at PGG Rights and I've got a product
where you've had it on the market for quite a
while at the moment, but one of the buzzwords for
farmers or for business people and for homeowners, let's be
honest about it at the moment, Joe, there's interest rates.
So you guys have cut a deal where farmers can
basically get a reduced interest rate and they don't have
to pay anything until they've bought the stock and then
sold them, so cash flow wise, that is very very handy.
Speaker 5 (29:29):
Yeah, it's a trading product but god, it's called the
go product space. It's been around probably four or five
years now. Time flies with something like that anyhow, where
people can use it just to buy trading stock over
a pair to twelve months. It runs three hundred days
extually for lands, three sixty for cattle, and you can
turn the cattle one over if you want to go
two years and do it again. But yeah, just it's
(29:52):
been widely used. People like it. These are quite regularly.
They don't have to pay anything back to actually sell
the stock, so whatever they purchase it for, they don't
have to pay increment interest rates on the way through.
They just comes out of the what they sell it
for at the end. And just recently Jamie Maloiney's wisdom
has dropped we call a duration fee, actually not instrate,
(30:15):
it's called a duration fee, and that's actually dropped back
a few I think two or three percent just in
the last two or three weeks, so just to make
it a week at easy. If that's just in line
with what's tapping with the banks and interest rates, they
all seem to be slowly bringing them back at the moment,
so they've just dropped that back till three percent.
Speaker 2 (30:32):
Well, everyone, apart from Adrian or I know you're a
rugby nut. I'm really looking forward to the NPC. My
South and Stags are kicking it off with Stag's Day
down on the Cargo on Saturday against Otago. I hope
we can get across the line there. You guys in
South Canterbury could argue that you've got the best provincial
team in the country. I think you're undefeated for the
(30:52):
past couple of years. Are you going to have a
good team again this year?
Speaker 5 (30:57):
My understanding is the team is pretty much the same
bud or two changes, but they've got the same coaching
set up and pretty much the same team, so they're
going for a three peat. But we'll find out how
good they are first game up, really because they got
Wong the Newly which was the final last year at
Long the Newi at home, so we're certainly going to
first game up, we're going to find if we're in
(31:18):
the running again really so, but yeah, they're looking to
have another successful season.
Speaker 2 (31:22):
Well good on you, and I know that the people
of South Canterbury are very proud of their footy team
and they get out in numbers to support them and
bring on the NPC love it. I'd much prefer the
NPC to Super Rugby. That's me. I'm a bit old
school on that one. Hey, Joe Higgins, thank you very
much for your time.
Speaker 5 (31:39):
No, very good, thank you, Jamie, thank.
Speaker 2 (31:41):
You, Joe yep Stag Day on Saturday. Down on the cargo,
Go the Stags. Maybe a wee bit more about rugby
at the end of the show. But up next I'm
going to put the boot into our osie correspondent Chris
Russell cocaine snorting hockey players. He's our assie correspondent, Chris Russell,
(32:10):
based out of Sydney. We're very competitive Australia and New
Zealand and the Aussies are doing very well at the
Olympics of record gold medal hall overnight. But Chris, I
just thought i'd ask, well, start, should I say, by
asking about your hockey team, how they got on, particularly
that Tom Craig guy.
Speaker 7 (32:29):
Yeah, well, you know, obviously trying to boost their rods
a bit. But look, I've just heard this morning that
he's got off without a criminal record, without a fire
and very apologetic. I mean he's just stupid. I mean,
how stupid would you be? Really? I mean, your part
of the one of the most successful teams of games
and you run around looking to buy half a gram
of cocaine in the middle of Paris. I mean, really,
(32:50):
the guy's a lunatic. But yeah, they haven't had a
great year, but everybody else has had a pretty good
year this year.
Speaker 2 (32:56):
Well, you've got some fantastic athletes, and you know, we
all know always does well on the swimming and you
had the girl Watson named Titomas leading the charge there.
But your track athletes are going pretty well.
Speaker 7 (33:09):
As well well, and it's surprising. Normally everything falls away
when it comes to track and field. But we just
won another gold this morning in the pole vault with
young Nikki, so we've had four golds. We've actually run
overnight now that's the equal best one day tally ever
and we're now at a record level of golds for
(33:31):
the whole for the whole tournament, you know, eighteen golds,
which is one more than we got in Athens or Tokyo,
which were our previous best, and two more than Sydney
which was sixteen. So you know, I don't want to
brag Jamie, but it's just a freak year. I think
I must say Australia pushes massive amounts of money into
sport and that's the resulting things like one family, the
(33:55):
Fox family, the family with the two canoeists and kayakers
have got more goals than some countries.
Speaker 2 (34:03):
Well, Chris, I would say this, and with all sincerity,
you probably pound for pound the best sporting nation in
the world. If we discard the Wallabies, let's move on Americans.
They're at the top of the middle, Telly. They love
their hamburgers and that's benefiting both Australia and New Zealand
at the moment. They just can't get enough of our
grinding or manufacturing beef.
Speaker 7 (34:25):
No, it's unbelievable. We exported just under one hundred and
thirty thousand tons of beef in July, which beats the
previous monthly record which goes back to March twenty fifteen.
Now this is a combination of bigger carcassways, bigger the
man and so on, but it's the most beef ever
exported by a month and thirty four percent up on
(34:49):
the July last year, So you know it's I think
in United States alone they took thirty eight thousand and
five hundred tons, which is sixty one percent higher than
July last year. So other than US, we've got Japan,
we've got South Korea, China. There's just a shortage of
that grinding beef as they call it. And of course
(35:11):
the price we're sending it over to us also is
at a record level of nine dollars eighty eight akilo.
That's US dollars achilo and just shows now. Unfortunately not
all the farmers that get the farmers are not seeing
that completely run through to them yet, but I'm sure
it will increase, and I see that the indicated prices
are all on their way up. So yeah, very amazing.
(35:34):
We can't get enough beef, can't ship it down enough,
and you know, I long may continue.
Speaker 2 (35:40):
Absolutely for both of our countries. Look, some people in
their Hamburger's Chris like avocado. I think it's mushy and horrible.
I'm not an avocado fan at all. But if you
are an avocado fan on either side of the testament,
I think you're going to be pretty well served for
the next few years because we absolutely have a glut.
Speaker 7 (35:58):
Yes well, and so they're playing them into the ground.
There's a lot of avocados that come onto the market
from trees that are maturing about extra eighteen thousand tons
about hit the market up in North Queensland. And of
course they're not. They're things that you probably don't just
take out tomorrow. They'll stick it out for a while.
So if you're an avocado lover, which I'm not, I
(36:20):
just you knowel I find it like putting a grease
gunder your mouth and filling your mouth up with that.
But you know people do. They've smashed avocado on taste.
Is the sort of dorig for breakfast these days, and
you're in for some happy years. I think it'll being
oble to buy cheap avocado from a time when they
used to be quite expensive.
Speaker 2 (36:39):
Chris Russell, thank you very much for your time. We'll
catch you back next week.
Speaker 7 (36:44):
Look forward to it, Jamie.
Speaker 2 (36:47):
Thanks Chris. I don't know if you enjoyed the cocaine
joke or not. We're going to wrap it with some
of your feedback after the break, okay, wrapping the country
with some of your feedback. If the meat companies don't
put up their price, they will run out of lamb
for sure. And Mouz says he's a wee bit worried
about our locking stocks without Scott Barrett our songs from
(37:10):
nineteen eighty one. My big memory of nineteen eighty one
as the Springbok tour. I was deemed too young, as
a young farmer in Riversdale to join the more senior
members of the club to go down and guard Rugby
Park against the protesters. It was just a night on
the boozin and the cargo for the boys from the
country towns. But I must say on Friday night in Riversdale,
(37:34):
last Friday night, I got awarded a life membership. Don't
think I deserve it and I got it. I'm not
giving it back. And honestly one of the for the
Riversdale Rugby Club Michelle, and that's one of the I
was chuff. It's one of the best honors you could
possibly get, judged by your peers who you played footy
with in the eighties. Enjoy nineteen eighty one, will catch
(37:54):
you back tomorrow.
Speaker 1 (38:01):
Catch all the latest from the Land Hits the Country
podcast with Jamie McKay. Thanks to Frent, You're specialist in
John Deere construction equipment
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