Episode Transcript
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Speaker 1 (00:00):
Catch all the latest from the land.
Speaker 2 (00:03):
It's the Country podcast with Jamie McKay thanks to a
Suzu get demo deals on the tough Dmax Today.
Speaker 3 (00:25):
This is the Country brought to you by Farmlands and Isuzu.
Good afternoon, Hamus mckaye at the Wheel for Jamie McKay.
The Icon is back next week Marta Ricki tomorrow of course,
and I'll be with you again early on Saturday morning
for the best of the country. Great to have your
company wherever you are, whatever you might be doing. On
(00:46):
this Thursday, Latest Weather shortly with Chris Brandolino. Zero point
twenty five basis point moved for the ocr What does
that mean? What does it look like? We'll talk to
Rabos macro strategists out of Sydney being picked in good
friend of the show coming up, Doctor Robin Diines looks
at the relationship between science and innovation. Of course, we've
(01:09):
had Innovation Week, brought to you this week by heard
I World Cup winning All Black number ten Aaron Cruden
of course, well as injury suffered, didn't he in that
World Cup final? Kind of put Beaver on the map,
didn't it. Really? I'm sure Aaron Cruden would have gone
on and done the job had he not been injured.
(01:29):
Prism Earth winner of the Tech Innovation Award at PINNs
this year, So we'll have a look at that great innovation.
We're going to be talking to their managing director, Matt
Live coming up on the show. But first let's get
in touch with what's happening in the world of weather.
As for all the things you're tret Chris Brandolino joins us. Now, Chris,
(01:55):
where are we sort of focusing on across the country now,
given it's been it's been a bomby Old wakened. Some
places have got hit very hard.
Speaker 4 (02:04):
Yeah, Look, I think it's a good afternoon. I think
it's the eastern part of the North Island where we
have severe weather watches and warnings, some heavy rain occurring
in portions of Hawks Bay. So that's an area if
you have plans or traveling or live in that region,
there are they are getting and we'll continue to receive
some significant rainfall, particularly about the Ranges this afternoon into
(02:26):
the ebeing hours, which will thankfully east tomorrow, but it
may take some time and probably shift north a bit
toward Patashaty Gibsbon So that's the area of concern in
terms of active weather. A pretty stiff southerly impact in
the Lower North Island as well for the marvel sounds.
Or we're toward the Lower North Island into Tetanaki, especially
(02:47):
the south coast of Tatanaki, where winds may gusts close
to nine even one hundred kilometers per hour, and that
rain over toward Hawk's Bay. I mentioned, that'll be wind
swept rain, he said, with gush the subtherly. So a
good old fashioned winter's day with some heavy rain across
portions of the North Island and.
Speaker 3 (03:05):
Things backed off around kai Kura and those parts.
Speaker 4 (03:09):
Yeah, they have, but not not without a mark. I mean, boy,
there's been some heavy rain. I'm just looking at some
of the totals from I can Environment Cannabury, and boy
there are one, two, three pre locations near or above
four hundred and twenty five millimeters of rain for the
I guess the three day total. So it's just really
(03:31):
high amounts of rainfall, many areas above three hundred millimeters
of rain, particularly about the ranges. And so when you
get you know, a month, two months, three months worth
of rain over two or three days, you know it's
gonna cause problems, and that's what we've seen, unfortunately. But
the good news is that at least the rain has
ended or you know, the meaningful annually. Maybe some leftover showers,
(03:52):
but yeah, thankfully the worst is behind in terms of rainfall.
Those rivers are still remaining high. It will take a
while to proceed, but ly speaking, we are going to
be pivoting toward more settled weather as you work away
over the next few days and especially the next couple
of weeks. We should see a return to high pressure
moving overhead as you work away into next week and
(04:12):
especially the middle part of the month. So more settled
weather will be the theme for a good part of
the country for this, I guess for the middle part
of July onward. Yes, there'll be some bouts of rain,
but these heavy rain events that we've seen across eastern
areas of the North and South Island probably not going
to see many more because of the effects of Al
(04:32):
Nino as he moved through August and especially springtime.
Speaker 3 (04:37):
Yeah, we had Adam mcmanaway, who has schoolhouse dearies with
us Pottinger around just out of kai Kura on the show.
During the weekend. As he said he went to be
it's sort of thinking that the information was and this
was sounded pretty dastardly in its own right, one hundred
and ninety to two hundred mills, but his system looked
like it could probably handle that. And then he gets
us three hundred mili dump not a lot you can do.
Speaker 5 (04:59):
Yeah, wow, that is Yeah.
Speaker 4 (05:01):
Look, it's really interesting because these areas that are getting
the heavy rainfall, eastern parts of both islands, those are
the same areas that as we go into springtime, so
again we're going farther out, of course, those are the
same areas where the odds or the prospect for dryness
they're elevated because of an emerging very strong or so
(05:23):
called super al Nino. Eventually, what we're going to see
by the time we get later into winter, August, and
especially spring, we're going to see more in the way
of westerlies. And it's those west winds that bring rain
for the west coast of the South Island and even
the Northound, but especially South Island. Yes, and they could see. Look,
(05:43):
so while this heavy rain has occurred, it's going to
switch sides of the island for those same west winds
are dry winds for those eastern areas, so it will
dry and hopefully this week would be a step in
the right direction.
Speaker 3 (05:56):
Yeah, five teen and Wellington on Saturday. What's it going
to be like that?
Speaker 4 (06:00):
Breezy? Maybe a few showers around, but the wind will
be easy, thankfully. But yeah, just stress warmly. Probably a
couple of showers, but I don't see any downpours or
heavy rainfall for the for the big game. But yeah,
you just gotta dress warm.
Speaker 3 (06:14):
Okay, Chris, you enjoy a long weekend. That is Chris
Brandolino there Earth Science New Zealand. As always, very astute
eye on the weather and what to look out for
Eastern North Island, Hawk's Bays through to ty Rafferty. Keep
an eye on the heavy rain through there. Right, this
is the country. Very shortly we'll check out what's going
on with the or the impact of that slight rise
(06:37):
zero point two five percent basis points to the ocr
next on the country. Yeah, welcome back in to the country.
Hamers McKay in for Jamie McKay I last day today,
actually enjoyed the last couple of weeks. We'll see in
the old fellow away again, right, crossing the ditch now
(06:59):
to Sydney, to senior macro strategist for Rabo Research being
picked and joined us. Now, well it's morning over there being.
Speaker 6 (07:06):
Good morning, Good morning Hamish.
Speaker 3 (07:08):
Yeah, ocr here up zero point two to five basis points.
Any surprise in this move.
Speaker 6 (07:15):
Well, some might have been a little bit surprised.
Speaker 1 (07:18):
It was.
Speaker 6 (07:18):
It was a little bit of a I guess, a
split between the views of various market economists whether they
would hike or not. We were going for a hike.
That's been our view for a couple of months now.
The futures market was implying around about an eighty percent
chance of a hike, but that had increased since earlier
in the week. When I looked at it on Monday morning,
(07:38):
it was only about seventy percent. So it wasn't really
a faded compley by any stretch, but it was probably
the expected outcome.
Speaker 3 (07:49):
Okay, what do you think the purpose is? The thinking
behind it after what's been a long time coming, a
long time between drinks.
Speaker 6 (07:57):
Yeah, Well, basically they justifying it saying that the economy
is in recovery, it's expected to grow more quickly in
the next six months, and that the level of where
the ocr was at two andred quarter percent. That's a
stimulator in level so effectively, given that inflation is above
(08:18):
the target range and is expected to remain above the
target range for a little while yet, and keeping in
mind that we've got a new wave of issues coming
out of the Middle East over the last forty eight hours,
they want to remove some of that stimulus so that
as the economy accelerates, they don't run the risk of
(08:39):
entrenching inflation over the longer term.
Speaker 3 (08:42):
Yeah, how much do you think what's happened in the
last sort of I suppose twenty four forty eight hours
has impacted you know, Donald coming out with as cuckoo
claims and et cetera, et cetera.
Speaker 6 (08:54):
Yeah, well, it's you know, it's always difficult to know
how long these things are going to last, whether the
renewed fighting is just a little bit of a forty
eight hour tips for tat, or whether it's going to
be the start of an extended campaign. Our view, our
baseline view on the Middle East, was that we expected
fighting to resume after the US midterms. We thought that
(09:16):
there were basically irreconcilable differences around Iran's nuclear program, around
the status of HESBLA in Lebanon, and also over the
whether there would be tolls or not in the straight
of hor news. So we thought that the peace deal
was reasonably shaky, but this has certainly accelerated the timeline
(09:40):
on things, and that does pose renewed risks to inflation.
Were already seeing higher oil prices and higher diesel prices
this morning.
Speaker 3 (09:49):
Ye effect on mortgage great time owners what I wouldn't, Well,
has it a geese but zero point two to five
basis points? Shouldn't sort of see this in the panic zone?
Speaker 6 (10:01):
No, I don't think so, and largely because mortgage rates
tend to be based on wholesale money market rates, and
those wholesale market rates had moved a long time ago.
So this expected increase to the o CR was already
largely priced into the market, and further increases to the
(10:22):
OCR are already largely priced into the market, to the
extent that the ovins there they actually said yesterday that
one of the reasons why they hiked was to avoid
loosening monetary conditions, because they if they didn't deliver on
the hike then than wholesale money market rates would have
(10:42):
adjusted lower and it would have effectively provided extra stimulus,
so they were effectively meeting the market in the moves
that they made yesterday.
Speaker 3 (10:52):
Okay, and overall growth shouldn't have too much of an impact.
I mean, it seems like a feary, moderate sort of move.
Speaker 6 (11:02):
Yeah, we don't expect that it will have dramatic impact
on economic growth. As I've sort of said that most
were expecting this move, and if not yesterday, than in
the near future. Most banks and research houses are expecting
further increases to the OCR and the RBNS certainly sent
(11:23):
that message yesterday. The timing is a little bit uncertain,
but certainly the direction is expected to be up, and
they're characterizing this as a removal of stimulus rather than
a hitting the brakes on the economy. So it's not
really intended to slow growth down. It's just intended to
(11:44):
stop accelerating to quite the same extent.
Speaker 3 (11:48):
Being picked in, thanks very much for joining us.
Speaker 6 (11:51):
Cheers Hamish's stick it out.
Speaker 3 (11:55):
Twelve twenty on the Country on your Thursday. Being picked
in out of Sydney. There coming up Principal scientist and
farmer engagement specialist, Doctor Robin Dines. Innovation from the perspective
of a scientist. I guess is what we're looking at.
I mean, we have some great innovations, but the combination
of the two, the collaboration, makes for exciting times ahead.
(12:15):
You're listening to the country sky Welcome back in to
the country, coming up to twenty three minutes after midday
on your Thursday. Okay, I'm going to look now at
(12:37):
innovation from a scientist perspective in the egg sector. Principal
Scientists Farmer Engagement Specialist Doctor Robin Dines at the Bioeconomy
Science Institute joins us. Now, Robert, good afternoon. Hello, great
to have you with us. Look great technology, but we're
getting some really cool stuff happening, and the future looks wonderful,
(12:57):
but it also needs to be supported and underpinned by
great and accurate science.
Speaker 7 (13:06):
Yeah, Hamish, that is so true, isn't it. Innovation is
the gadgets and the technology, but it's more it's better
ways to farm that improve productivity, profitability, environmental outcomes, and
our resilient future. So it's all of that and the
technology is definitely a key part of it. And we
need great science and our science must be accurate.
Speaker 3 (13:26):
Yes, yep, And So are you confident that we have
all the all the plans and processes in place to
continue that we can to be so good in the
science field.
Speaker 7 (13:40):
Look, New Zealand agricultural scientists are world leading in many
spaces Hamish. We're also well connected to our industries and
we are aiming to do science that has an impact. Yes,
And if you don't think we are, then.
Speaker 6 (13:52):
Pull us up.
Speaker 3 (13:54):
No, So give me an example of something that's going
to make an unpack that you're sort of It doesn't
matter how how far down the track you are on it,
but something that will, as you say, be a real
sort of brick in the head in a positive way.
Speaker 7 (14:08):
Look, I think Hamish to look at the work that
my institution has done with indo fights. You know, we
in the fights were present world type interfights killed our
production in autumn. My colleagues understood, researched what they were,
and then selected novel indo fights. So we got the
(14:29):
Epichlali Indo fights like AR thirty seven that's worth three
point six billion to the industry over twenty years. And
that science will keep emerging and keep giving us new
options for the future.
Speaker 3 (14:41):
Yep. So things are in good hands. I mean that's
a great example. Did you say three point six billion?
That's correct.
Speaker 7 (14:48):
Pastoral agriculture is critical to a famous.
Speaker 3 (14:50):
Yeah, absolutely it is. So Now that brings me to
the bit of news during the Greens during the week,
the synthetic synthetic fertilizer a band proposal. What's your take
on that.
Speaker 7 (15:04):
I don't think it's a wise idea. I think we
need responsible science based nitrogen use that needs either which
is better than unrestricted use for outright bands. Because Hamish,
nigrogen is essential for life, you know, it's one of
the nineteen elements we've all got to have, and nichen
fertilizer is a huge driver of our food and agricultural productivity.
Speaker 3 (15:28):
Yep. So when do you think they get their information
to make those sort of the claims that they're making,
you know, given the impact that it would have, like
the cost of living going through the roof and the
backbone of the country been completely undermined.
Speaker 7 (15:43):
Look, I can't comment on that, Hamish. I think we've
got some great science from New Zealand around responsible nitrogen
fertilizer use. We know the way it's used masses more
than the amount alone, so we've got to get the
right amount of fertilizer in the right time, in the
right place.
Speaker 3 (16:02):
Yeah, and essential yeah. Yeah. And one more thing, I
mean data. I mean we're getting way better at our
sort of our accumulation and use thereafter of data, aren't
we is that's certainly improving immensely.
Speaker 7 (16:16):
Look absolutely, and the sort of technology that we're now
seeing on farms, and you've been highlighting some of it
this week. One of the things from a science perspective
that it cites us is.
Speaker 8 (16:26):
The big data sets are emerging.
Speaker 7 (16:28):
You've also talked about AI this week. That's one of
those cool tools that, together with the data, are going
to be real accelerators for the science and we think
for farming, for better decisions, and we're going to see
a massive contribution to better ways to farm. And so
that's a win for the country, it's a win for
our farmers, and it's going to be brilliant for our science.
Speaker 3 (16:49):
There we go, that's what we like to hear. That
is doctor Robin Dines, Principal Scientists and Farmer Engagement Specialist
at Bioeconomy Science Institute. Out of the Mighty Wayhaddow Haimus
Mackay with you and for Jamie McKay he's back next week.
News and Sports coming up, we're going to be talking
about this bit of this drama around the plowing getting
(17:12):
our health competitors up to I think it's a croatia,
isn't it. Where for the World Champs there is a
bit of an issue there, so that's one one of
the things we'll be talking about. Also, we're going to
catch up with former All Black First five eight Aaron
crwdin to look at Saturday's Test match against Italy. All
that coming up here on the Country.
Speaker 2 (17:33):
The Country's World News with Cod Cadets. New Zealand's leading
right on lawn, bower, bread, visit steel Ford dot co
dot NZID for your local stockist.
Speaker 9 (17:42):
And in raw and you're sticking with the tech and
innovation theme, New Zealand dairy farmers are set to be
the first in the world to have access to a
digital tool allowing the ability to lock in a milk
price for their physical milk. The based tool has been
developed by a dairy professor, processor and global supply play company.
Sorry Chang chan Cow. I think they say it was
(18:04):
Zancow then nine is see z and they've developed smilar
tools for sugar bee farmers in the UK and Europe.
The tool follows a successful pilot program which involved a
group of farmers who praised its speed, simplicity and transparency.
So it's interesting. We might follow up more on that
later on when Jamie is back in the hot seat,
but until then, here is Hams.
Speaker 3 (18:24):
With sport.
Speaker 2 (18:27):
Sport on the country with AFCO one percent q we owned.
Speaker 3 (18:31):
That's rare as the all Black team to play Italy
five ten in the Capital on Saturday afternoon droughout this
afternoon with speculation Dave Rennie may make a number of
changes which would seem to make it but a sense
I guess at the stage of the season, including a
debut for Super Rugby's will he was hot as a pistol,
(18:52):
wasn't he winger? A fair hair fi anger and nofo?
And on that note, standing by on the line, is
I'm all black to discuss this, Aaron Cruden? Yes, she
was looking time to talk a bit of a test
match footy here on the country now All Blacks test
match number two of the of the Dave Reny tenure
(19:17):
and it is itally the opponent's ten past five on
Saturday afternoon, joining us now to have a look at
this as World Cup winning all Black first five eight.
Aaron Cruden, how are you?
Speaker 6 (19:29):
Yes, very good?
Speaker 10 (19:30):
Thank you, Hamosh, very good.
Speaker 3 (19:31):
Great Now you're to have been very happy to see
another alumni of Palmerston North Boys High School, young Reuben
Love comes through. I thought he came through despite the
yellow card with flying colors and his debut against you know,
a French side. We can't call them b orc anymore
because they've got great depth, but I thought he went
real well.
Speaker 10 (19:50):
Yeah, he was outstanding. I totally agree. Obviously, you know,
a little bit of a blit with a yellow card early,
but yeah, that was just one of those things. But
in regards to I think the resilience that he showed
to come and bounce back from that and then just
drive the team around the paddick. And I really liked
probably the combination between him and Damien mackenzie at fifteen
(20:10):
as well, you know, sharing that dual pivot role and
directing things. Well. Obviously they scored thirty four points, so
the attack was humming and that was a big part
in relation to Ruben.
Speaker 3 (20:22):
Yeah, and I also like the combination he has with
Jordi Barrett, which has growing over the season because one
of my all time favorite ten and twelve combinations was
what you used to do with Sonny Bill Williams, which
was transferred through Chiefs and the All Blacks as well.
But that's pretty important, that old head just outside of
him and you know, slightly different skill set, but very complimentary.
Speaker 10 (20:46):
Yeah, yeah, I have to agree. It's been outstanding to
probably see the development of Jordie as a twelve over
the last couple of years. He's just really stamped his
mark on that position and I think also getting that
cure in length the Colors last year. For Jordie, it's
just taken his game to another level and you can
see the confidence that he has and just that rugby
(21:09):
IQ and I think, as you said, Mate, for a
young ten like Ruben to have that experience and that
sounding brought outside him, it sort of both really well
hopefully for their combination, and it worked nicely for the
Hurricanes as we all saw through Super Rugby as well,
which is great.
Speaker 3 (21:25):
Yeah. Now, a good vibe seems to be emerging around
this team, and already I guess it's early days in
terms of the media heat and those sorts of things,
but there was a lot of good intent that I'm
pleased has been picked up on by both the media
and the public of how Dave really wants to coach
at his side and the kind of game they want
(21:47):
to deliver.
Speaker 10 (21:48):
Yeah, I really hope so as well. I mean you
could even hear a lot of the players pregame postgame,
you know, talking about I guess the ambition and the
intent that they want to play with. I think one
of the most pleasing things I heard already say after
the game was, you know, he was really happy with
the attack, probably not so satisfied with the defense. And
(22:09):
obviously they only had ten days to prepare, so you
can't cover everything, but you know, they were obviously happy
with the win, but know that they still have a
lot to work on and a lot to improve on.
And that's the whole journey, isn't it that that's what
they're embarking on. And yeah, i'd expect probably this weekend
against Italy, who I believe will be much improved on
(22:30):
what they produced against Japan last weekend. But I think
the All Blacks defensively will will be a lot more
assured and probably a little bit more brutal in that
area as well.
Speaker 3 (22:40):
Yeah, yeah, okay, and another a couple of questions three
point thirty this afternoon. I think the team is named.
What would you sort of think might be the mindset
behind the selection for this team for this game.
Speaker 10 (22:54):
Yeah, I think it's probably a nice opportunity to give
other guys within the squad game time and and I
think that's hopefully I guess what the coaching group will do.
They've selected guys and there's there's possible opportunities for a
couple of the other I suppose new Caps in the
squad and Josh Morby and Antos Signess I believe to
(23:17):
be in the in the match day twenty three somewhere.
Also to be pretty cool, I suppose that the game
is in Wellington, so a few Hurricanes boys possibly getting
an opportunity. Maybe I suffer more starting at hooker, Pacilli
or TOSSI you know, yeah, maybe even fair getting a
start on the wing. You never know, but I think
it is a real opportunity for for friends in the
(23:38):
coaching group if they want to to give other guys
within the squad game time and see what they're about.
Because one thing I know with Dave Rennie is he
has full trust and everyone within his squad, and uh,
you know, he'll want people to be out there and
I guess just putting pressure pressure on the coaches to
make selection decisions. So that's probably where I I would
(24:00):
see it. Again, could be completely wrong, but yeah, I
suppose we will find out a little bit later this afternoon.
Speaker 3 (24:08):
We're talking with World Cup winning All Black first five
eight Aaron Crudent a five to ten kickoff. That's interesting too,
mind you. That's probably better than a seven h five
kickoff in the capital. Anything to sort of before we
get into that nighttime weather.
Speaker 10 (24:21):
Yeah, yeah, I think so. I mean, yeah, well he's
always is a little bit unpredictable with the weather, and
I suppose the team's coming from playing under the roof
in christ Church last week to yeah, potentially some different
type of conditions this weekend in Willington. But I mean
the blueprint was set from the Hurricanes throughout Super rugby,
(24:42):
you know, like positive, ambitious rugby can still be played
in those conditions if everyone's aligned, if the skill sets
are right, and you know, the team have a strong connection.
So I'm looking forward to it, you know, Yeah, it
does certainly bring different challenges, but I think it's a
nice challenge. I suppose that all black steam as one thing.
Speaker 3 (25:03):
Aaron Croudin, thank you very much for joining us.
Speaker 10 (25:05):
No worries, mate, appreciate you having me on the Medium.
Speaker 2 (25:14):
Innovation Week on the Country with herd Eye score, leameness
and BCS every cow every Day powered by AI.
Speaker 3 (25:22):
Welcome back into the Country of course, Technology Week with
a heard I. Prism Earth took home the Technology and
Innovation Award for developing developing a system that helps New
Zealand's primary sector comply with European Union strict deforestation regulations.
And look, it helps with the export market there, but
(25:43):
that's not the only thing. There's so many other things
here that they do. They have this capability to a
document in some detailed landscapes, catchment scale, farm scale, all
that sort of thing and really look at the land
use problem to look at this further. And we're joined
on the show by Managing director Matt Matte.
Speaker 8 (26:02):
Hello, they're good to be here, Thanks for your time.
Speaker 3 (26:04):
Great. Have you fairly comprehensive, isn't it this prism Earth.
You've got a lot going on sort of if you
can sort of I guess cut to the chase of
what it is that you're really targeting.
Speaker 8 (26:16):
Yeah, sure thing, Look it is a big it is
a big space. We really I guess look at the
natural capital across New Zealand farms. And by natural capital,
I'm talking you know, vegetation, your shrublands, your waterways, your
pasture land, your rperian margins, or your agro forestry assets,
and how they can be best used by the farmer,
(26:37):
you know, to enhance productivity in production, but also help
the processor or the dairy company, the commodity seller attribute
those products with the assets from the from the farm
that they're sourced from. So that requires us really looking
in detail at those farming landscapes and provide them ready
(26:59):
to inventory capability to help both sides of the equation
of farmer competter with the land management, but also then
use that as a sale attribute.
Speaker 3 (27:09):
And here we're going with farmer uptake of technology like this.
What's the response been to this. I mean, it's about
sort of like getting every last dollar out of every
square meter, isn't it.
Speaker 6 (27:22):
Yeah, it is.
Speaker 8 (27:23):
Look far the greater terms of our having farm management
systems for FARMACS, farm q TRED, there's good systems out
there where a lot of this based data exists. However,
a lot of that data there is more inputs, you know,
nutrient looking at stock counts and herd sizes and stocking
rates and sort of you're fencing definitions. Well, we either
(27:43):
sort of provide the texture within those systems and that
allows us to look at is the farm kind of
I guess working in balance with nature in many cases
in newt Now farms are the best in the world.
Right We've got probably the most integrated landscapes where there's
there's you know, good ripe, heiering margins, is good waterway protection,
there shout abouts, these erosion control plantings, the shade availability.
(28:08):
But those things have often gone unmeasured or not really
use so much. So to answer your question, a lot
of the farmer is increasingly now understanding those parameters and
enabling the supplier, I guess, the process that they might
supply to to take that information and roll it up
(28:29):
to a larger scale, Which is a sert of example
of that deforestation system you touched on earlier, where we
can tell the Europeans which farms in New Zealand have
had natural forest loss, and I can get it's a
very small amount, but that's quite a key ingredient. That's
a market access play for New Zealand.
Speaker 3 (28:46):
Yeah, yeah, that's fascinating. So I'm a cocky, I'm interested
in what I'm hearing. I'll pick up the phone and
ring what's the sort of what's your sort of base
picture as to how I can help you incepts form.
Speaker 8 (29:02):
Yeah, sure, so we would probably say to you, do
you know how much sort of carbon removal you know
CO two removal set frustration that might be occurring on
your farm. You may have some pine forest, right, you
may have some ets blocks already. If you don't, there's
opportunity there. We can help you understand signs of that opportunity.
(29:23):
If you supply those silver fur and farms who have
a net zero product range or Fronterra who are looking
to report to Nestle emissions intensity reductions, those companies may
effectively buy your carbon removal as what's called an inset,
so that's an inset against their total emissions production costs
as a cooperative. Equally emerging is biodiversity. So if we
(29:47):
find some interesting fragments of natural ecosystems on your property,
we'd say, look, there's potential value you could get from
those and in fact funding to help you fence or
or remove the younger, or do some weed control. That's
that area sort of merging a wee bit in terms
of where the money comes from. But the measurement of
(30:09):
the assets is really the first place to start because
it gives the farmer the control to go to the
market and understand how to then get some leverage.
Speaker 6 (30:17):
Ye.
Speaker 3 (30:18):
How cost effective do you think this would be if
you're describing it to me the farmer.
Speaker 8 (30:24):
Look, I would say that the measurement costs is the
smaller part of the equation. Take an example of let's
say you want to restore and prove the condition of
a one hecta remnant, you know, old poda carp forest
within your farm. Fencing, stock exclusion, pest control, weed control.
Those things can run into the five six figures, can't
(30:44):
they pretty quickly?
Speaker 3 (30:46):
Yeah?
Speaker 8 (30:46):
Absolutely, so we would say, you know, the measurement cost
is probably sub sub one thousand dollars to do a
detailed measure and assessment of all that to then say
to a bank, a cooperative, or an investor and a
number of the bigger corporate So you take a Microsoft
(31:06):
or Amazon or an h SPC. They're looking to position
their services, their lending, or their their impact if you like,
in the context of the positive work they're doing as
a as a benefit side of the ledger. So if
they're offering for good nature based projects globally to invest in,
so the fifty k restoration project might be investable you know,
(31:30):
on the.
Speaker 3 (31:30):
Global fantastic So using censor data, geospatial analytics and that
visualization software in of course, I guess AI has a
bit of a roll into the mix as well.
Speaker 8 (31:43):
Yeah, that's right. All we kind of it's an all
all in type scenario. So quickly we would use satellite imagery,
aerial photography occasionally you know UAV or drone data, but
that's pretty high high cost. You've got to get people
on the farm and get the drone up and manage
battery time and all things. So we try and avoid
that sort of higher cost measurement. We light our is
(32:05):
often in the New Zealand context, there's a lot of
light around which is a laser data flown from aircraft
sometimes maybe four or five years ago by city council
or Land Information New Zealand. That's really useful too, because
that gives you a three D map of the farm landscape. Right, Yeah,
you can pick out your critical source areas and look
at you. If the canopy is nice and structured, it's
(32:25):
a sign of a healthy forest ecosystem. So we bring
all that into an AI framework that gets then sort
of interpreted, and then at the other end of the
chain we put we put some human experts to sort
of hold the AI to account if you like, right,
and check the quality and the condition. And before we
sort of sign off on a let's say, an ecosystem
(32:45):
service value, we put that human at the end of
that process to validate.
Speaker 3 (32:51):
Great stuff. There we go. That is Matt Liveing, managing
director of Prison Mirth, who won the Technology and Innovation
Project Award at PINS this year. And what we've just
heard you might understand why that is great. This is
of course Technology Week brought to you by heard I
here on the country. This is the country on behalf
(33:13):
of farm Strong and the team here at the Country.
We like to give a shout out to the rural
communities who've been impacted by the extreme whether this week,
absolutely we were all the best getting back on their
feet and stay safe. Stay connected and look out for
your neighbors, particular as we heard earlier too, heading up
the east coast of the North Island in the next
(33:34):
day or so or currently right now, righty ho, drama
in the world of plowing our team off to the
World Championships in Croatia fifth and sixth of September. But
things have gone horribly wrong on the logistics front in
terms of getting our not our people, but our machinery there.
(33:55):
So team member Mark Dillon joins us. Now, kiddo, Mark,
what's the situation, what has happened and what's the latest?
Speaker 5 (34:02):
Yeah? Yeah, yeah, So what's any of the moment that
he contained it for some reason, got our load off
the ship in Sydney, set there for a couple of weeks,
no communication with us, and then they realized all that
boats around the wrong way, so we'd have to send
it back to New Zealand. So it's due to pot
work in the port in the North Island the next
til three days, which is not real cool.
Speaker 3 (34:20):
So any chance of getting there or getting what you
need there by that fifth and sixth of September, I think.
Speaker 5 (34:26):
We'd have to get some magician a little bit of
conjuring and see what he can rustle up. But it's
like more chance of seeing a purple pig flip pass,
don't Yeah.
Speaker 3 (34:34):
So, have there been any response or any pick up
on this and to try and help to see if
we can, you know, pull the rabbit out of the hat.
Speaker 5 (34:41):
Yeah, We've been been to my wife and I've been
doing a lot of colms this morning and talking at
a lot of people with local MP and different shipping companies.
But we think there's two times to have gone unless
we can get afraid it over which he will need
a big checkbook. I'm going to do that. And we've
already paid for one lot of shipping that it hasn't
achieved a great deal of this did.
Speaker 3 (34:58):
Oh we need to be there. We need to give
ourselves the best opportunity. So maybe we need to sort
of get to the public a little bit here plus
the government and give a little bit and try and
make this happen, Mark, because you know, I mean, this
must be I mean I can sense that you know,
like things happen, but this must be immensely frustrating, oh
so much so.
Speaker 5 (35:17):
Lot we had the gear picked up in the will
in the twentieth of May, and there was plenty of
time a well for an extra month of his sleeve.
But when it sits on the port somewhere and we
have no comms for two weeks, we can't breck DeFord
the problem. And then now they're just sort of washing
the hands of its own and what's bead luck?
Speaker 3 (35:35):
Yeah, and how difficult is it to use somebody else's
machinery somebody else's plow, Like what does that look like?
I mean, we saw Rod Dixon having to run in
a high jump his shoes when his shoes are stolen
at the Calm Games in seventy eight, and he was
the favorite for the five thousand meters. So it's bloody difficult,
isn't it.
Speaker 5 (35:52):
Oh, definitely see it very much. So so the player
I'm using, I'll be playing with the twenty four years
and just modiforing and tinkering stuff. And so it killed
back into the Zeland and January, coming after the last
year's World Champs. So it's been at the engineers for
months and we've done to spend a lot of time
and money on at the foreign Journey things. And yeah,
I used it at the Nationals this year and it's
just running really sweet and I was really looking forward
to running it at the World to the stage and listen,
(36:15):
because Ton drops something the masure, it's not going to happen,
So I'm pi gonna have to look at borrowing gear,
which is not real cool. But let's see there or
we don't go, but I keep quite frustrating.
Speaker 3 (36:25):
Yeah, okay, Mike, Well we'll wish you all the best
in Malcolm Taylor as well Mark Dilan and Michael Tyler
going over to cry So let's hope that a miracle
can happen and if it doesn't, that they're still able
to do as well as they can under the circumstances
with what will be borrowed gear at the World Championships,
the World Plowing Champs over there in Christia. Okay, well,
we're just under a couple of minutes ago to wrap
(36:45):
up the show. I'll be back early Saturday morning with
the best. But tomorrow is Marto Riki m w what ope, Michelle?
What what are you going planned for Marto Riqui? Anything special?
Speaker 9 (36:54):
Better rest and relaxation?
Speaker 3 (36:55):
I think Hamish, what have I been hard work or something?
While the other mackay has been away? What are you
saying I've got to.
Speaker 9 (37:03):
Be I've got to be careful what I say here
because I think the other MacKaye is probably listening. But
I know you've been ten out of ten mates.
Speaker 3 (37:09):
Did he leave you that? Did he leave you just
you know a shameless plug here? Did he leave you
the the mux yaizuzu while he was away? You know?
Did you have that to run about him?
Speaker 9 (37:18):
No he didn't, but I do. I would love to
be able to take that somewhere because I feel like
my bikes would fit in the back seat.
Speaker 3 (37:24):
It's got so much true. Look, I'll tell you what,
and this is shameless too, because I've got one sitting
on the yard that I work here, Winger motors up
and aork it's like it struts around. It's all black, right,
So the mux and it's like an Angus ball. But
it won't cost you two hundred and twenty thousand like
that ball up and Gussie right, and it would fit
your bike. So that'd be fun for you. Hey, thank
you for all your help over the last couple of weeks.
(37:45):
And you know, all things be equal, I guess we'll
do it again at some time.
Speaker 9 (37:50):
Oh, team if it mate, Team effort.
Speaker 3 (37:51):
Yeah, team effort, and you're gonna I imagine you might
be watching a bit of Tour de France because you
love that, don't you as well? As you know, we
know we've got the footy in that, but the Tour
of France, that's your right, Yeah, yeah, great stuff, right.
I thank you very much to all our gifts today
and innovation week. We've been doing that with herd I.
It's been great to have your company. All the best
(38:12):
to the to the all blacks, anybody involved in sport,
and to the people dealing with the weather. Our kind
thoughts are with you and just take care, particularly up
the east coast of the North Island. I'm Harmus mackay
and this is the.
Speaker 1 (38:25):
Country catch All the latest from the land.
Speaker 2 (38:46):
It's The Country Podcast with Jamie McKay. Thanks to Aisuzu
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