CSB - Jim Findlay - WEEKLY ECONOMIC REPORT

Out of Farm Advisers NZ Ltd & AgSafe NZ Ltd. 

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Episode Transcript

Speaker 1 (00:00):
The Country Sport Breakfast with Brian Kelly on gold sport
from Farm Advisors, New Zealand, Egg Safe New Zealand. Jim
Finlay joined this Morning.

Speaker 2 (00:09):
Jim and Good Morning Brian.

Speaker 1 (00:11):
Plenty to talk about there was a little dip in
the dairy the global dairy trade for the weekend last week,
but it didn't really make too much difference, did it.

Speaker 2 (00:20):
No, it didn't. It was just slipped back point four
of a percent, which is really nothing at all. And
if you look at the index it went from one
one four sex down to one one four to two.
Well that's sort of a negligible move at the moment.
And yeah, the previous one had been so good that
it allowed some confidence to go into the end I
think for the next rest of.

Speaker 1 (00:40):
The scheduled for the past week. How's it looking.

Speaker 2 (00:44):
Right, Yeah, there's still some concern about the lamb prices
and things. We'd love to see them go up a
little bit, and we kept talking about the fact that
it could do. The Australians are reading a lot more
lamb meat than we are and if we started eating
a bit more it might all sort of work out. Okay,
But our eighteen kg yx lam the North Island schedule
is about seven dollars fifteen a kg in the South

(01:05):
Island is seven dollars ten. The twenty one KGMX mutton
is three dollars in the northern, three dollars in the south.
Our P two steer the two seventy to two ninety
five kg way range the six dollars seventy five in
the North and six thirty five in the south. Our
bona cow the m cow one sixty to one ninety
five kg way range is five dollars in the North

(01:25):
and four dollars forty five in the south. And our
two seventy to two ninety five kg bull the six
fifty in the North and five eighty in the south.
And the Venice and there still steady at eight fifty
five in the North and eight seventy five in the South,
with some hints that it might lift a little bit
in the next few weeks.

Speaker 1 (01:41):
You know, you talked about the lamb and the Aussies
embracing it, and they do in a big way. In fact,
they have kind of an International Lamb Day over there,
don't we We need to sort of, you know, do
what they do to promote lamb in a big way.

Speaker 2 (01:55):
Oh absolutely, I've I've been listening this morning and there
is some concern that the Chinese having come back into
the market properly for our lamb yet and the Australian
lambkiller is very big and they are exporting and that's
been caused because the export is the live exports into
the Middle Eastern countries has been banned and part of
Australia at the moment for the sheep and that's putting

(02:16):
more into their domestic kill or for exports. So yeah,
it's sort of a little bit of a catch twenty two.
You ban one thing and it causes a problem somewhere
else down the line and we're suffering from it.

Speaker 1 (02:27):
Yeah, absolutely, all right your weekly rant this week. Gee,
it makes a lot of sense. There's been a lot
of talk about, as you wrote in your column about
education from the government and you know, turning to farming.
But boy, you need a very good education to be
a farmer these days, don't you.

Speaker 2 (02:43):
Absolutely, It's something that's always been underestimated. And I've had
a little metrix thing that really shows up who the
farmer is all the time. And you know, those scientists
have got to be agronomists and pedologists that's looking at
the soil. They've got to be veterinary experts, you know,
have to try animals, have to know what's going on
before the vet gets there. And you know, you can't

(03:05):
sort of say to a cow, what's the matter with
you've got a sniffy nose or something. You've got to
work all that out yourself. And yeah, and on top
of that, they've got to be motor mechanics and engineers.
They've got to be able to operate plants. They've got
to be accountants in many ways, they've got to be
legislative compliance officers, computer operators. They've got to be stock managers, economists,
we're the foecasters and environmentalists. And then they've got to

(03:27):
look after their family. It's a very very complex matrix
of things that the farmer actually has to do and be.
And it's not for the fainthearted either. You know, when
you're running a multimillion dollar business and you know the
dead levels are high, you've got to work really hard
to make it work, Brian.

Speaker 1 (03:43):
And on top of all that, you just need to
be a normal family person, you know, with friends and family.

Speaker 2 (03:48):
And so on. Absolutely, and of course we always expect
the farmer to be that big community volunteer because he's
got plenty of time. He doesn't do much really, so
he can come and he can come and mow the
lawn down at the rugby club, or we'd around the
tennis courts, and you know, he's got to do all
of those things as well.

Speaker 1 (04:05):
And they really get a day off because farming is
seven days a.

Speaker 2 (04:09):
Week, absolutely, and most of them are sort of starting
round about the dairy farmers in particular, starting round about
five in the morning, and yeah, lucky if that's sort
of home and finished by six o'clock. You know, the
farm staff might get off at sort of half as
five or something, but the farm owners and the boss
has got to go and do those extra few little
bits and pieces of things. It's a big job. And yeah,

(04:32):
I say it's not for the fainthearted. The rewards can
be good, but you know you've got to put your
life and soul into it. It's really a calling we take.

Speaker 1 (04:41):
Absolutely, we take our hats off to farmers, that's for sure. Hey,
good to chat Jim, Thank you so much for doing
next week.

Speaker 2 (04:47):
That's good and thank you Brian and goodbye to the listeners.

Speaker 1 (04:50):
Jim L.