February 4, 2025 • 4 mins
Experts are hoping for a good result ahead of tonight's GDT auction.
Jarden economists are expecting a 4 to 5 percent lift - off the back of a solid auction in January.
The Country's Jamie Mackay explains further.
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Speaker 1 (00:00):
Damie Mackay from the Country is with us. Good evening, Jamie.
Great to have you on the show as always. What
did you make of the climate change Minister Simon Watts
on the show earlier?
Speaker 2 (00:12):
To be honest, I found them awe but underwhelming and
not really convincing. I think for Christopher Lux and wanted
someone to explain why we need to meet emission's targets
and stick with the Paris Court. He should have put
He should have put up Miles Hurrah or someone from
the industry who can talk the talk. No, look, Simon
(00:34):
Watts and the fact that he hasn't met Federated farmer
since November twenty twenty three is a bit of a
damning one from the outside looking in. And I can
only judge from the outside looking and on this one, Ryan,
he's a bit like the guy Matt Doocy. Underwhelming.
Speaker 1 (00:50):
Yeah, I was quite surprised, to be honest, not so
much with the content but the meetings. I mean, why
you're a national minister you grew up on a farm.
He was quick to say that, you know, why have
you not met directly with them since November twenty twenty three?
What on earth is that about?
Speaker 2 (01:08):
You know, yeah, well absolutely, and then he couldn't really
explain how they were going to meet these targets where
she was she sort of excuses, Look, I'd go back
a step Ryan and say, we need to revisit this.
And I know that it was something that Damian O'Connor,
to be fair to him, was looking at. And this
is the fact that, you know, the solution partly lies
(01:30):
in the fact that a lot of farmers a carbon positive. Anyhow,
what we need to do is recognize all the carbon
that's being sequested on farm and then we can offset
that against the emissions. The problem in my mind, and
I left science behind in year on the fifth form,
what's that year eleven? Ryan? Honestly, the problem in my
mind isn't ruminants, ruminants emitting methane. It's man burning fossil fuel,
(01:55):
simple as that.
Speaker 1 (01:57):
Hey, what's going to happen with the global trade option tonight?
Speaker 2 (02:02):
Well, hopefully it's a good one. Another good one, Ryan,
because we had a good one a couple of weeks ago,
or our second one in January. So the guy I
talked to him as Mike McIntyre at Jardin, I'll give
him a shameless plug and this is what he had
to say. They're expecting another good lift tonight, maybe four
or five percent. And the interesting thing is that futures
markets for this season are sitting above ten dollars, remembering
(02:25):
Fonterras at ten dollars for milk price for this season,
but the futures markets for the coming seasons twenty six
and twenty seven are creeping up as well. Nine dollars
eighty two and nine to twenty seven. That's good money,
a long long way out. And what Mike McIntire saying
is that another good option tonight. We'll see us break
(02:48):
through that ten dollars barrier for the twenty five twenty
sixth season, which would be an excellent forward looking picture
I think for dairy farmers.
Speaker 1 (02:58):
Yeah. No, we'll really look for to that result. I
always do the National Lamb Day next week. What happens
on National.
Speaker 2 (03:04):
Lamb Day, Well, hopefully we all eat some lamb and
we follow what the Aussies do on Australia Day. They
do a great job of promoting it and eating it
and we need to do it and we're doing We're
doing National Lamb Day on February fifteenth. The reason that
dates chosen, Ryan, is because that was the day in
eighteen eighty two when the good Ship Dunedin left Port
(03:25):
Charmers with the first frozen lamb shipment. Although to be honest,
there was a lot more mutton on board than the
world's lamb. But there was also pegs hare pheasant turkey,
twenty two hundred and twenty six sheep tongues. I'm not
sure who counted all of those, and two hundred and
forty six kegs of butter, so you could say it
wasn't only the birth of our frozen meat industry, it
(03:47):
was the birth of our export dairy industry. Look, it's
a great story, Ryan. It arrived in London ninety eight
days later after an air circulation problem in the frozen
hold had to be overcome en route. Apparently they lowered
the captain down with the saw and he had to
saw a hole between two of the holds to try
and get the ear circulating down there. And when they
(04:11):
got to London after ninety eight days, way back in
eighteen eighty two, of those more than five thousand carcasses,
only one was not fit for sale.
Speaker 1 (04:21):
What a great story, brilliant story, Jamie thanks for sharing
that with us. Jamie Mackay from the Country National Lamb
Days next week, get your lamb chops out. I had
some beautiful lamb chops on the weekend. Actually all that
fat and some people put the fat to the side,
and I'm like, I'll have that. Give me your fat.
Speaker 2 (04:39):
For more from Heather Duplessy Allen Drive, Listen live to
news Talks. It'd be from four pm weekdays, or follow
the podcast on iHeartRadio.
Damie Mackay from the Country is with us. Good evening, Jamie.
Great to have you on the show as always. What
did you make of the climate change Minister Simon Watts
on the show earlier?
Speaker 2 (00:12):
To be honest, I found them awe but underwhelming and
not really convincing. I think for Christopher Lux and wanted
someone to explain why we need to meet emission's targets
and stick with the Paris Court. He should have put
He should have put up Miles Hurrah or someone from
the industry who can talk the talk. No, look, Simon
(00:34):
Watts and the fact that he hasn't met Federated farmer
since November twenty twenty three is a bit of a
damning one from the outside looking in. And I can
only judge from the outside looking and on this one, Ryan,
he's a bit like the guy Matt Doocy. Underwhelming.
Speaker 1 (00:50):
Yeah, I was quite surprised, to be honest, not so
much with the content but the meetings. I mean, why
you're a national minister you grew up on a farm.
He was quick to say that, you know, why have
you not met directly with them since November twenty twenty three?
What on earth is that about?
Speaker 2 (01:08):
You know, yeah, well absolutely, and then he couldn't really
explain how they were going to meet these targets where
she was she sort of excuses, Look, I'd go back
a step Ryan and say, we need to revisit this.
And I know that it was something that Damian O'Connor,
to be fair to him, was looking at. And this
is the fact that, you know, the solution partly lies
(01:30):
in the fact that a lot of farmers a carbon positive. Anyhow,
what we need to do is recognize all the carbon
that's being sequested on farm and then we can offset
that against the emissions. The problem in my mind, and
I left science behind in year on the fifth form,
what's that year eleven? Ryan? Honestly, the problem in my
mind isn't ruminants, ruminants emitting methane. It's man burning fossil fuel,
(01:55):
simple as that.
Speaker 1 (01:57):
Hey, what's going to happen with the global trade option tonight?
Speaker 2 (02:02):
Well, hopefully it's a good one. Another good one, Ryan,
because we had a good one a couple of weeks ago,
or our second one in January. So the guy I
talked to him as Mike McIntyre at Jardin, I'll give
him a shameless plug and this is what he had
to say. They're expecting another good lift tonight, maybe four
or five percent. And the interesting thing is that futures
markets for this season are sitting above ten dollars, remembering
(02:25):
Fonterras at ten dollars for milk price for this season,
but the futures markets for the coming seasons twenty six
and twenty seven are creeping up as well. Nine dollars
eighty two and nine to twenty seven. That's good money,
a long long way out. And what Mike McIntire saying
is that another good option tonight. We'll see us break
(02:48):
through that ten dollars barrier for the twenty five twenty
sixth season, which would be an excellent forward looking picture
I think for dairy farmers.
Speaker 1 (02:58):
Yeah. No, we'll really look for to that result. I
always do the National Lamb Day next week. What happens
on National.
Speaker 2 (03:04):
Lamb Day, Well, hopefully we all eat some lamb and
we follow what the Aussies do on Australia Day. They
do a great job of promoting it and eating it
and we need to do it and we're doing We're
doing National Lamb Day on February fifteenth. The reason that
dates chosen, Ryan, is because that was the day in
eighteen eighty two when the good Ship Dunedin left Port
(03:25):
Charmers with the first frozen lamb shipment. Although to be honest,
there was a lot more mutton on board than the
world's lamb. But there was also pegs hare pheasant turkey,
twenty two hundred and twenty six sheep tongues. I'm not
sure who counted all of those, and two hundred and
forty six kegs of butter, so you could say it
wasn't only the birth of our frozen meat industry, it
(03:47):
was the birth of our export dairy industry. Look, it's
a great story, Ryan. It arrived in London ninety eight
days later after an air circulation problem in the frozen
hold had to be overcome en route. Apparently they lowered
the captain down with the saw and he had to
saw a hole between two of the holds to try
and get the ear circulating down there. And when they
(04:11):
got to London after ninety eight days, way back in
eighteen eighty two, of those more than five thousand carcasses,
only one was not fit for sale.
Speaker 1 (04:21):
What a great story, brilliant story, Jamie thanks for sharing
that with us. Jamie Mackay from the Country National Lamb
Days next week, get your lamb chops out. I had
some beautiful lamb chops on the weekend. Actually all that
fat and some people put the fat to the side,
and I'm like, I'll have that. Give me your fat.
Speaker 2 (04:39):
For more from Heather Duplessy Allen Drive, Listen live to
news Talks. It'd be from four pm weekdays, or follow
the podcast on iHeartRadio.
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