All Episodes

December 5, 2025 • 40 mins

Jamie talks to Andrew Lumsden (aka Te Radar), Derek Daniell, Jen Corkran, and Shane Jones. 

See omnystudio.com/listener for privacy information.

Mark as Played
Transcript

Episode Transcript

Available transcripts are automatically generated. Complete accuracy is not guaranteed.
Speaker 1 (00:00):
The best of the Country with Rabobank. Choose the bank
with one hundred and twenty years global agribusiness experience, Grow
with Rubbobank.

Speaker 2 (00:09):
Why'd you from starf You had a wild help too,
living in your big glass house with the full.

Speaker 3 (00:20):
How don't you know?

Speaker 4 (00:23):
Now?

Speaker 5 (00:25):
Geta in Good Morning New Zealand. I'm Jamie McKay. This
is the best of the country each and every Saturday
morning here on news Talk said be It's brought to
you by Rabobank. We're growing a better New Zealand together,
going country on the best of the country this morning.
Great song I had some help post my own featuring
Morgan Wallen one of the big songs of the past
year or so okay. Andrew Lumsdon you may know him

(00:49):
better as Eda, the voice behind the FMG Young Farmer
of the Year contest, also world famous comedian in New
Zealand previews the regional finals. Now that the district finals
are done, as we count down towards the big Grand
Final in New Plymouth in early July, we'll also have
a look at his new book ki Wee Country, Rural
New Zealand and one hundred Objects. Derek Daniel Why are

(01:12):
a wrapper farmer, one of New Zealand's leading sheep breeders,
a deep thinker. Midweek he pondered the states of farming
and our economy. Jen Corchran from Rabobank. It's been in
a bit of a down week for derry, but nothing
stopping red meat at the moment going great guns. We
will look at record high beef and lamb prices and
why their prospects are so good for the rest of

(01:35):
this season and to be honest, into the next season
or two, especially for beef. And we're going to wrap
it just to enlighten you or lighten your Saturday morning
up with the prints of the Province's Shane Jones. Tell
you more about him later, but up next it's Andrew
Lumston to Radar.

Speaker 6 (01:53):
Baby blame.

Speaker 1 (02:04):
Myself the best of the country with Rabobank. Choose the
bank with a huge network of progressive farming clients Rabobank.

Speaker 5 (02:13):
He is a West Auckland hobby farmer. When he's not
doing that, he's a bit of a celebrity on the
speaking circuit and he's also the voice of the FMG
Young Farmer Contest. Andrew Lumston aka dar joins us on
the country and radar. All of the district finals are
done and dusted. We move into the regionals next year

(02:33):
February to April and minutes off to the Grand Final
July second to fourth in New Plymouth. Talk me through it.

Speaker 4 (02:42):
Look at Tadanucky final and it's interesting, you know, I'm
just looking down.

Speaker 7 (02:45):
What have we got?

Speaker 4 (02:46):
We've got seven region seven eighths. I'm just looking at
the name of fifty six young people, any one of
whom could end up being the twenty twenty six PMG
Young Farmer of the Year. Quite a few names I'm
seeing that you know have been in there before him.
Looking at Northern you've got Karen mccahn and Justin Rye Rock.
I think kem clayton from Whybot might have been in

(03:07):
there before. And you go down the list all the
way down to Otago Southland, I think Tom Slee maybe
Cam Smith have been in there before, you know, and
there'll be others as well. Look, I've been doing it
for a while now. I've seen close to a thousand competitors,
I think, so Look, I will have missed people out,
but it's nice to see those people that have been
there before coming back in and it's nice to see

(03:28):
a whole crop of newcomers as well. So I think
we kick off Otago Southond next because we generally start
where we ended and we'll go from there.

Speaker 5 (03:37):
I think of the recent young farmers that we have
on the show, So we've got Tim Danjean Emma Paul,
George Dodson, Hugh Jackson, all outstanding young leaders in agriculture.
So you've got to be really smart to win this.
But then the onus is on you to lead the industry,
and you know these people certainly are.

Speaker 4 (03:57):
Yeah, it looks part of the competition. Now, there's been
a lot of conversation over the years, what does it
mean to be a farmer in the twenty twenties. You know,
you've not only got to have your skills on the
farm and your bookkeeping and your business skills and all
of that kind of thing. It is recognized that these
people go on to be leaders. So there is a
component of the competition for that. And also I think

(04:18):
that those people are naturally the kinds of people that
do well in this sort of thing. There will be winners,
you know, who win, and then they head back to
the farm and do their things and there are people
who haven't won that also become very good leaders from this.
But I think that's the nature of the competitors. And
you certainly, you know, if you list that those four people,
they over the last of you know, what are the

(04:40):
last four or five years of winning, you know, they
standout individuals.

Speaker 5 (04:44):
Absolutely. Have they given up on the experiment of running
district and regional finals on the same day or same weekend.

Speaker 4 (04:52):
Yes, they had. We had a crack at it for
a couple of years. There were certainly a lot of pros.
There are certainly a lot of cons The conversation we've had,
I guess with the Test committee and they've gone back
to having those regionals, And you know, I like it
in a way because young farmers will set up as
an organization to bring people through. So you've got them
being able to organize a district before they head into

(05:14):
the heady world of organizing a regional and certainly before
they go into too organizing a grand final. It just
gives them a chance to see what works and what
doesn't work within their own particular region. The other thing
it does is it gives it another day for people
to get together. You know, young farmers will set up
to bring people, you know, put people are basically in
the same paddock, in the same room, and this is
just another chance of doing it. Just a touch base

(05:35):
with everybody, make sure everybody is doing well. But I
think still open for what have we got. We've still
got calls out for the junior young farmer, so that's
your high school kids tends to in the agri kids.
I think registrations are still open for them as well.
So there's another swathe of young people who will be competing.

Speaker 5 (05:52):
Andrew Lumsden with us to Radar the Voice of the
FMG Young Farmer Contest. When I was watching the All
Blacks and Perth my off side, Ida Haemish Mackay had
a yarn to you about your newly released book. It's
called Kiwi Country, Rural and z and one hundred Objects.
Now is it beating the two books on Jacinda on
the and the best seller list Radar? Because is it

(06:15):
a good stocking filler for Christmas?

Speaker 4 (06:17):
Look, it's the perfect stocking filler for Christmas. Actually we
designed it. We call it the ultimate toilet book. You
know a toilet book when you visit someone's house and
it's a great book and you read it on the toilet.
So it's been going great guns. I've sold a swag
myself at functions and things. And i'll tell you what
was nice. We got every one of the objects illustrated,
and I was at Parliament for a field day has
to be recently, and I gave it to Barbara Krueger

(06:39):
and immediately people sit around. They started pointing at various
objects on the cover, and they started telling their stories
about things. So it's a really nice one. And I'll
tell you what. If you want to be that person
that can bore people with anecdotic tales of rural things
the day after Christmas, it's the book for you.

Speaker 5 (06:55):
I love boring people. I do it for a living radar.

Speaker 4 (06:58):
Look, i'll tell you what. Next, you've got someone on
you'll be able to think, oh wait, I know a
story about that. You'll be able to go to the book.
We're actually young farmers are in there, and through the
medium of Muldoon's Lamb, which I'm steering it right now
on my bookshelf. The lamb given to Sir Robert Muldoon
by the Young Farmer's Club back in this in nineteen
seventy six. It was in christ Church when it was
the scalaer up Young Farmer of the Year. Laid my

(07:20):
hands on that, and that's the object that sort of
explains that whole concept of young farmers and aspiration to
guy that was organized wanted Prince Charles to do it.
And now he said, look, we will never know if
we can do it if we don't ask. And that's
the kind of attitude that has got farming where it
is today.

Speaker 5 (07:35):
It could have been worse. They could have asked Prince Andrew.
That could have been and that wouldn't have gone down well,
that story wouldn't have ended well.

Speaker 4 (07:42):
Would have had to sanitize my lamb.

Speaker 5 (07:45):
Well, he's full time making a lamb shop of himself
talking about lamb chops. I know you're a west Auckland
hobby farmer ten because no doubt you run a few, Yes,
have a few lambs. You know we lamb on the
Christmas dinner table.

Speaker 4 (08:01):
To do?

Speaker 5 (08:01):
Is that how it works? Radar?

Speaker 4 (08:02):
I do look across the field at my neighbor's lambs.
But currently I'm I'm grazing two shyer horses and a
knocked out thorough bread that a young woman owns and
they're not great for the pasture, and they're certainly not
great for my fences. So I'm in the midst of
doing that thing that the hobby farmers do when they
need to do some fencing is buying all the equipment. Often,
you know, and you're trying. You don't want to get

(08:23):
the expensive stuff because you don't need it, but you
don't want to get the cheap stuff because it's going
to fall apart. So I'm in that zone at the moment.
And then I've got about eight hundred meters of fencing
to do over the next couple of weeks, and I've
got my post whole borer, which I've had for a while.
I'll dig some holes in the clay, because again it's
a seasonal thing. If it's too wet in the White
Tarket East, you can't dig out a hole in the mud,
and if it's too dry, you don't get your post.

Speaker 7 (08:43):
I borra in.

Speaker 5 (08:44):
Have you got a spinning jenny?

Speaker 4 (08:45):
I have got a spinning jenny. It's about to be
delivered today. I got one with a little bit of
a break on it. And we'll see what one hundred
dollars buys.

Speaker 7 (08:51):
In the world.

Speaker 4 (08:51):
Of spinning Jenny's you.

Speaker 5 (08:53):
Know that canender in a couple of weeks. You know
that canand and tears if you walk out too quickly
without the break on your spinning Jenny.

Speaker 4 (09:00):
Look, there's a lot of things I'm going to learn.
And I'll tell you what would we go into next
year for young farmer. And when I'm down at Mystery
Creek the field Days and I'm watching all those the
fencing competition down there, I'm going to have an entirely
new respect for them. But He's the great thing, Jamie.
We live in a world now where if you don't
have that ability to know a thing, you can go
online and you can look on YouTube. And we've got
some very good practitioners of things like fencing. And I'll

(09:22):
tell you what their little lessons on your terminal knots
and straining wire and all of that brilliant How I
translate that from the screen to the paddock Again, we'll
have a conversation a little while.

Speaker 5 (09:33):
I'll let you know, well, you need to get a
lesson from some of those guys down at field days
or the rural games. They're brilliant, brilliant fences. Okay, I
got to go. I might have mixed my metaphors with
Prince Andrew and the lamb chop. I think pork chop
is what I was looking for.

Speaker 4 (09:46):
Wasn't look he's in the awful pit regardless of what
cutty is actually leave you awful puture.

Speaker 5 (09:52):
Yeah, okay, the book, all right. The book is called
Kiwi Country, Rural New Zealand and one hundred objects, A
great toilet book, ideal stocking filler and you could not
just cender off the best sellers list. And that's her
own book and the unauthorized biography.

Speaker 7 (10:09):
With the support of all those good rural folks. They're
not so rural folks.

Speaker 1 (10:12):
We certainly can the best of the country with Rabobank,
the bank with local agri banking experts passionate about the
future of rural communities.

Speaker 6 (10:21):
Rabobank, you Gode Gons, you baby look good.

Speaker 5 (10:31):
Aim, Good morning New Zealand. I'm Jamie Mackay. You're listening
to the best of the country. It's brought to you
by Rabobank. We're doing our dambas to grow a better
New Zealand together. Actually talking about Rabobank. They won the
Bank of the Year in Roy Morgan's New Zealand Customer
Satisfaction Awards for twenty twenty five. More about that later,

(10:52):
but what's up next On the Best of the Country.
Derek Daniel wire Rappa farmer, one of New Zealand's leading
sheep breders. He actually breeds sheep with us on a wall.
We will tell you about that. Plus he's a very
deep thinker. He pondered the state midweek of farming and
our economy. Jen corchran out a Rabobank whire red meat
price is so high? How long can they devide? Gravity?

(11:15):
And Shane Jones. The last time we chatted to the
Prince of the Provinces on the Country two or three
weeks ago, he called poor old Chloe Swarbrick a demonic
egg beater. Well he went one better, I think this
week on the show Shane Jones to wrap it the
Best of the Country up next to Eric Daniel after.

Speaker 1 (11:49):
The Best of the Country with Rabobank, choose the bank
with one hundred and twenty years global agribusiness experience grow
with Rabobank.

Speaker 5 (11:56):
All around the country. On the Country today, Why are
Rapp Derek Daniel, one of New Zealand's best known sheep breeders. Derek,
I know you've got some reasonable rain overnight. You're dry,
not unusual for this time of the year, but any
rain would be welcomed.

Speaker 7 (12:12):
Yeah.

Speaker 8 (12:12):
Look it's still raining here, Jamie. It's going to be
huge relief for people, especially out towards the coast because
there's a big rainfall gradient from the Terre of mountains
and then the Ruhenes out to the coast. This will
be hugely appreciated in Hawks Bay as well. As he said,
it's going to wake up the whole sheet and beef trading, lambs, etc.

Speaker 5 (12:35):
Well, sheep and beef and we're going to discuss this
with Jen Corchran from Rabobanks. I'll keep my powder dry away,
but a sheep and beef, beef and lamb going great
guns and it's all a supply and demand equation. The
dairies calling its jets.

Speaker 8 (12:49):
Yes, that's exactly what's happened. Minus four point three percent
last night for the dairy trade auction sheet and beef
riding high with shortage of beef around the world. And
funnily enough, Jamie, people love their red meat and they're
flocking back to red meat and that's good for us.
But you have to keep in mind that we've had

(13:09):
a couple of really tough years. Most shed and bee
farmers lost money two years ago and we've got makeup
to do. The general population won't understand that, and they
don't really understand either that dairy has been the biggest
factor in increasing this prosperity of New Zealand over the

(13:31):
last twenty years. You don't see that in the media,
but exports raising from five billion to twenty six billion.
That has enabled us to buy cars and oil and
coffee and so on. We ride on the wave of
dairy conversions.

Speaker 5 (13:47):
Interesting. I mean, the smartest politician in my lifetime was
John Keyan. You know he famously said, rightly or wrongly,
where Fonterra goes, New Zealand goes, And there's a fair
but to that argument. You want to pick up on
an article in Farmers Weekly by one of my favorite
farming academics, professor Keith Woodford, on the average rate of

(14:08):
return for sheep and beef over the last five years. Now,
these numbers might be out of date now with these
record returns, but you're still not making a fortune.

Speaker 8 (14:17):
Yeah, a return on capital zero point seven percent. Health athetic, Yeah,
and the five years before that I think was one
point nine percent. So what's causing this price of land
underpins everything. It's hard to beat a subsidy. So this
subsidy on carbon has meant that the price of hill

(14:41):
country in particular is escalated, and therefore the return on
capital from farming just does not match. So that phase
may be over, but we now have a smaller supply
of farmland. And the other fact, Jamie is it's so
easy to borrow money now. Prior to nineteen seventy I'm

(15:02):
going back a long way, but it was really hard
to borrow money, so the price of houses, the price
of land was kept low. And then we had a
decade of high inflation in the seventies and the bank thought, well,
we have protection against we have a buffet against someone
going out of business because the price of land just
keeps going up. So they've just climbed on that and

(15:25):
they've leveraged the money supply hugely. And here we are
with houses which were eighty six hundred average in nineteen
seventy eight six hundred more than one hundred times high.
So I've suggested to an economist of two, maybe we
should have an inflation rate of minus one to minus

(15:48):
three percent.

Speaker 5 (15:49):
Well, hang on, Derek, that's called stagflation. That's worse than inflation.

Speaker 8 (15:53):
Well, I don't know, is it really? I mean, at
some point, Jamie, you've got to have a reality check.
I've got a government borrowing seventy five million dollars a
day to prop up an unrealistic economy. When are we
going to fast the music?

Speaker 5 (16:07):
Can I just go back to the carbon farming thing,
because I know you're hot under the collar about this,
and you are a farmer, forester. You grow lots of
pine trees. But right tree, right place? Do you think
the battle has been won against carbon farming? I think
in twenty years time, we're going to look back on
this as the worst ecological mistake we've made in the
history of this country. I hope I'm wrong.

Speaker 8 (16:29):
I totally agree. Look, it's been a tax forced on
us by European nations in particular, and it's under the
false pretenses said cabin dioxide is evil and methane is evil.
And get this, our negotiators in Paris rolled over and

(16:50):
said grass does not sequest a cabin dioxide.

Speaker 7 (16:53):
What a lie?

Speaker 5 (16:54):
So do you agree with my theory on this one.
And I'm sure you're well. Sorry to interrupt here, but
most sheep and beef farms, especially the extensive ones, the
ones like you're operating, are totally carbon positive already. They
should be getting a check from the government, not an invoice.

Speaker 8 (17:10):
Yeah, wouldn't that be nice? And yeah, instead we've given
up revenue earning land. I think you were right in
saying before we started this broadcast that the world's going
to be a wash with trees and logged in twenty
thirty years time, and they'll be worthless and we will
have wasted a lot of land, a lot of employment,

(17:33):
and yeah, and will be poorer for it.

Speaker 7 (17:36):
Go broke.

Speaker 8 (17:37):
That's what's going on.

Speaker 5 (17:39):
No argument for me on that one. Are why rarely start?
Of course, one of our leading sheep breeders, you are
what are you breeding these days? You're still breeding the nudies,
the sheep without any wall or is well coming back
into vogue, Derek, Yeah, No, we sure are.

Speaker 8 (17:52):
But of course wooll prices come up with it, which
is I think slowing down the transition of farmers who
have decided that wolve's worthless and they want to totally
get out of sheep with wool. But our two to
thram selling this season. Yeah, we're up a bit in numbers.
And Romney's are still popular and it will be in

(18:15):
the new year, Jomie, that will test the market for
ournody Ramlambs and our Brazilians and so on.

Speaker 5 (18:22):
So that's a politically incorrect name for a sheep, Derek, Well,
I don't know.

Speaker 8 (18:28):
I made it up. I don't know. I haven't been
taken to court with it.

Speaker 5 (18:31):
Just you go broke, someone will have a crack at you.
Let me just finish with Daniel's theory of relativity, and
I think this is a quote again from the seventies.
We're both guilty of going back there, Derek. But it's
just putting the price of wool into some historical context.

Speaker 8 (18:47):
But yeah, sure, you're a friend of mine. Phil Gascott
had his first year farming in nineteen seventy three. He
averaged two dollars fifty greasy for his wool. I mean
that's across everything, bellies, etc. The cost to share a
sheep was twenty two cents twenty two cents, and at
that in that year, the New Zealand dollar was buying
a dollar forty nine American and that started falling away.

(19:12):
By nineteen eighty four it was forty four cents. But
I traveled overseas in the middle of nineteen seventy five
I exchanged all my hard earned dollars for American dollars.
I've got a dollar twenty nine American for every New
Zealand dollar. So we were riding high at that time,
and then we sunk to a huge low in the
nineteen eighties. It's been a long way back.

Speaker 5 (19:34):
Yeah, Well, go to the UK now. It's not for
the fainthearted. Buying a pint over there, Derek. We could
chat all day about your playboy days in the seventies,
but I haven't got time. Always good the chat, though,
I always enjoy your contribution here on the country.

Speaker 1 (19:47):
Yeah me too, Thanks, Jomie Babe the best of the
country with Rabobank. Choose the bank with a huge network
of progressive farming clients.

Speaker 8 (19:56):
Rabobank.

Speaker 5 (19:57):
No one at Rabobank, and I love Rabobank Dealer. He
has a short title. Let's introduce Jen Corkran. Let me
find her title rabo Research Senior Animal protein Analyst. Hello Jen,
Welcome to the country. How do you remember your own title, Good.

Speaker 9 (20:13):
Afternoon, Jamie. No, I definitely struggle to remember my own
job title at times, so it is a bit of
a mouthful, but basically looking at red meat most of
the time for my.

Speaker 5 (20:24):
Job, it's interesting the dynamics out there at the moment.
And we've talked about the GDT auction overnight and there
is under a bit of pressure at the moment. It's
all a supply and demand story. The price goes up,
they turn the tap on around the world, and then
the price goes down. Now when it comes to red
meat at the moment, there's a different dynamic, whether it's
beef or lamb, because there's just not enough of it

(20:47):
around in the world at the moment, and that's why
our sheep and beef farmers are enjoying record prices.

Speaker 9 (20:54):
That's right, Jamie. So what we're seeing is really the
outcome of a lack of supply global of red meat
and in particular beef, but of course the niche sheep
meat that we're so good at exporting along with the
Australians as in demand too, and there's not as much
of that about, so we're seeing high prices across both

(21:14):
sheep meat and beef at the moment end it's yeah,
they're at record highs.

Speaker 5 (21:18):
Well, we'll come back to the lamb because I understand
the farmers are getting eleven dollars a kilo, which is
fantastic money. But the beef, it's all about Trump and
as hamburgers, let's face it, they can't get enough of
our lean grinding meat for their hamburgers.

Speaker 9 (21:33):
That's right. And this has been a story well told
this year, hasn't it in something that has been expecting
to continue and we expect to continue into the next
couple of years.

Speaker 7 (21:41):
So we've just released to report the Global.

Speaker 9 (21:44):
Beef quarterly which looks kind of at the key production
regions for beef around the world in terms of those
exporting nations, and production is expected to decline again next year.
And we also are looking at just a little bit
less than one percent in a decline from twenty twenty
four levels this year in terms of that total supply. Now,
if we think that demand is steady to increasing globally,

(22:06):
and it is at the moment, you know, there's just
not enough to go around. And in particular that US market,
which is sotant important for New Zealand, is really demanding
that lean trim to put in the hamburgers, and we
haven't seen any downside in that demand yet.

Speaker 7 (22:19):
Yes.

Speaker 5 (22:19):
And also I think late last week and we referred
to this one in Rural News, the fact that beef mince,
the old hardy staple, is no longer a cheap protein option.
I mean, it's more expensive than a lamb shop. I
can't believe it.

Speaker 9 (22:35):
I know, it's crazy, isn't it, Jamie En. So for
the last about eighteen months, mince retail prices, based on
the averages by statsin z it has been slightly higher
than a kelow of lambtops, which is wild because we think,
you know, that beef is the more affordable sort of
commodity beef option for us at the supermarket here in
New Zealand. But it's because that exact product is what

(22:57):
these markets in the US are really really wanting right now.
So we've seen an eighteen percent increase in that retail
price from October last year to October this year, which
is quite a lot. So you know, well over twenty
dollars or twenty three dollars a kilo, I think it
is on average for mints at the moment. So it's
not cheap for a keel of months to make your
teddy see your burgers this this summer.

Speaker 5 (23:17):
Yeah, I know what I would pick if I had
a choice out of beef, mints and a lamb shop.
But anyhow, Look, it's just the supply and demand equation,
isn't it. And then of course when things get too expensive,
either other people jump in and supply them that's not
that easy for red meat in the short term, or
the consumer substitutes to alternatives, and the alternatives in the

(23:40):
protein space, I guess are chicken and pork.

Speaker 9 (23:44):
Yeah, that's right, Jamie. And what we tend to see
globally in these sort of situations is that while you know,
as these prices increase, and for beef, if we're talking
about the moment, as the price continue to go up
and up and up, at some point the consumer is
going to push back and say, Okay, enough is enough.
I don't want to pay that price. And what you
start to see is people will start to trade down

(24:04):
into some of those cheaper proteins such as poultry and pork,
although by less you know, volume of mints and other things.
But the other big one is that some of those
quick service restaurants globally. So if you think of your
ukfc's and your McDonald's, the QSRs, they are actually sort
of offering more from that poultry space as well. So

(24:25):
grain prices are cheap globally, it's pretty cheap the afford
to produce poultry quite quickly versus beef which is really expensive.
So they are feeling it as well and actually having
a bigger offering of some of these other proteins, which
will be one to watch I think in twenty twenty six,
and we might even see it here in New Zealand,
you know, as McDonald's talks about how much more expensive
it is, I think each patty is about ten cents

(24:46):
more at the moment for them, so considering how many
they are serving up, that add up, so we might
see more chicken on the menu. So it'll be you know,
evid beef consumers will need to go hunting and still
make perhaps pay a little bit more for an extcuge.

Speaker 5 (25:00):
Let's just finish on lamb. How sustainable are these prices
at present? Normally the normal cycle for lambs once the
main waning happens, which is happening around the country at
the moment, and the flood of stock come onto the market,
but there isn't really a flood of stock that the
LAMB schedule goes down. Can it hold at eleven dollars
or even ten dollars?

Speaker 9 (25:21):
Yeah, So it's interesting, isn't it That price has been
holding steady sort of. The average aggre H three price
has been holding steadied around that eleven dollar mark across
the North and South Islands over the last three four weeks,
and you know, we're expecting it to start to go
down any minute, but it seems, you know, a processes
are still offering these prices, Jamie, So we'll just have
to keep an eye on this. You know, we know

(25:41):
that the global demand is good. That average expo price
that rich Waters are receiving for LAMB is very strong
at the moment, and you know, therefore there's a good margin.
So we'll see what, you know, what that supplied does
as lambs start to come in and whether that means
we see some softening. But you know, we normally might
see between dollar and a dollar fifty coming out of
the schedule, you know, through that peak supply, and at

(26:02):
the moment it hasn't started going down, and perhaps it's
a sign that it might not see the same softness
that we normally see given you know, perhaps Leam supplies
about as similar as it was last year.

Speaker 5 (26:13):
This year, gee, your schedule bottoming out at ten bucks.
See I think sheep farmers would take that. Grab that
with both hands. Jen Corkran, Rabo Research, Senior Animal protein Analyst.
Thanks for your time and I'll leave you in peace
to go and practice your title.

Speaker 9 (26:27):
Thanks Jamie.

Speaker 1 (26:29):
The Best of the Country with Rabobank, the bank with
local agribanking experts passionate about the future of rural communities.
Rabobank Now, thanks Canon Samasel.

Speaker 5 (26:43):
Good a and good morning New Zealand. Welcome back to
the Best of the Country. My name is Jamie Mackay.
The show is brought to you by Rabobank. We're growing
a better New Zealand together. Very shortly, Shane Jones, the
Prince of the province is Martua. Shane getting stuck into
Chloe's Swarbroock. Also weighing in on the failed ets auctions,
getting rid of the green banshees from our regional councils,

(27:04):
capping local body rates and this is an interesting one
at two to four percent and whether we should be
selling off state assets, including PAMU. I did tell you
about Rabobank winning the Bank of the Year and the
Roy Morgan Pole, Well they beat nine other large New
Zealand banks. I didn't realize we had that many to
pick up their award after recording the highest customer satisfaction

(27:26):
score of any bank in two of the four quarters
to June twenty twenty five. Across the four quarters, Rabobank
received an average satisfaction rating of eighty five zero point
four percent, which is pretty damn good. And the reason
they're satisfied as their only bank farming and farmers in
the primary sector. Deposit your money with Rabobank and you
know it's going to be well spent. On the backbone

(27:47):
of the economy. And talking about Rabobank, the December Agribusiness
Monthly is out. It's put together by a team of
dedicated food and agribusiness analysts. They take a monthly snapshot
of the latest trends and agriculture. The monthly report for
December was released earlier this week and it's titled A
Sizzling Summer of Hot prices. Certainly is for red meat

(28:10):
really interesting to hear Jen Corkran's comments on that subject.
If you're waiting for your mince to get a wee
bit cheaper, don't hold your breath up. Next, Shane Jones
wraps the Best of the Country.

Speaker 1 (28:21):
After the Best of the Country with Rubbobank. Choose the
bank with one hundred and twenty years global agribusiness experience
grow with Rubbobank.

Speaker 5 (28:40):
Here is the Prince of the Province's Martua, Shane Jones.
Last time when he was on the country, he coined
the phrase a demonic egg Peter when he was referring
to Chloe Swarbrook. I got a text, interestingly from one
of your fellow Northland MP's, Grant McCullum, this morning and
he said he was in a select committee or something
like that battling club over emissions. Are you involved in

(29:02):
that as well?

Speaker 7 (29:04):
No, this is scrutiny week. Fortunately I am to the
side of that rent seeking klingon the leader of the
sorry the Green Party. But she acts in a very
performative way and it's quite an extraordinary performance. So I've
got a bit of adaha for the man to cocky
the man from the Kopa, but I dare say he'll

(29:26):
be able to sort of, he'll be able to navigate
his way around the jabbering that we're going to hear
from the Green Party.

Speaker 5 (29:34):
I call the emissions trading scheme and carbon credits the
Emperor's new clothes. And I was reading this morning Shane Jones,
a market that was surprised by the government ieu has
failed to buy a single carbon unit at the final
ETS auction of the year. Not a single bidder registered
for Wednesdays yesterday's auction, making twenty twenty five the second

(29:57):
calendar year in which all four call ets auctions have failed.
The first calendar year was twenty twenty three. Why are
we persisting?

Speaker 7 (30:07):
Well, if the demand is down, then that means the
supply is high. I'm presuming there's a lot of units
available in the market associated with the forestry sector, and
that the Crown and introducing additional units is selling into
arguably a market that's saturated with other sources of units.

(30:29):
But it hasn't been stated any clearer than our finance minister.
Where the Finance Minister has said that we'll be funding
the hospitals in Fargada and Nelson before we're handing doa
over to the Congo related to etes. It's common sense.
We are not going to be guilt tripped. We are

(30:50):
not going to be sledgehammered into spending money internationally when
we need to find the solutions within ourselves. We have
hung with the forestry people in terms of those who
already have their money tied up in the ets, but
we have restricted their ability to plaster pine trees over
the rest of the white.

Speaker 5 (31:10):
Upper You've changed it too, and you were the billion
trees man.

Speaker 7 (31:14):
It was I didn't fully appreciate that the Countless of
Austria was going to arrive with a checkbook rivaling the
New Zealand Reserve Bank figuratively speaking. And look, like I've
said else from MAK, you've got to be adaptable in politics.

Speaker 5 (31:29):
Now you've got about a flip flop show and you
do it rather well. Talking about the Queen of Austria
with the checkbook, Ikea have been running around the country
with their checkbook buying farms for carbon forestry. You went
queuing up at the opening this morning, were you?

Speaker 4 (31:44):
No?

Speaker 7 (31:45):
No, no, no. I struggle to put together the most
basic of furniture without having to sort of reprise what
knowledge I remember from nineteen seventy five doing woodwork, trying
to put their furniture together. Sadly, I've got two lads
who are builders and a wife who's got much more tenacity,
and I have to jump together their sorts of furniture. No,
I was actually up walking and we're having a big

(32:06):
party here in Parliament this evening for New Zealand first.
So I'm waiting for the smoke fish to arrive.

Speaker 5 (32:12):
Now, what do I have to to get on the
invite list for your Christmas party up in Nordland?

Speaker 7 (32:17):
Oh? Well, as they say, the checks and the mail,
I'm sure, I'm sure an invitation somewhere in the mail.

Speaker 5 (32:27):
Mate, you've got your wish. We're getting rid of regional councils.
You call them green banshees.

Speaker 7 (32:32):
Well, you have to admit that in areas such as Otago,
they really are an institutional form of ideological hysteria. They've
created a virtual taj Mahal down there as a monument
to their own dystopian fantasies that the world is frying,
that every bit of mining that I do down there

(32:54):
is going to irreversibly disfigure the landscape. And that's why
they have to go. They are major drag on productivity. Now,
some of the functions will remain. I mean, what's wrong
with us relying on catchment boards catchment groups. That's why
Chris Bishop's announcements give some scope to tease through what's
the best form to deliver services to maintain the environment.

(33:16):
But stop regulating the Jesus out of the farmers. You know.
I'm so happy that early in the life of our
government I managed to get my colleagues to agree to
guarantee for every marine farmer who's already got a permit,
their permits are extended for twenty years. They don't have
to go home and argue with their accountant or explain
to the wife why you're going to go and find

(33:37):
one hundred and fifty thousand or one hundred thousand just
to continue doing what you've been doing for the last
twenty years. Now. It's that type of Oh, I don't know.
It's a mixture of sort of an abstraction and some
sort of piety that somehow we have to regulate that
the Jesus out of existing rights and existing businesses. Inset
first doesn't like that.

Speaker 5 (33:57):
What do you make of the proposal to limit or
cap local body rates two to four percent. I think
it's admirabald, I've got out of control. But is it realistic?

Speaker 7 (34:07):
Well, it's the proverbial curacy, isn't it. Some parts of
it are good that we bring restraint and we challenge
our local government bureaucrats and local government leaders to be
very judicious as to how they dedicate taxpayers are sorry,
great payers money, but at the other level, costs are
rising for them because we in central government end up

(34:29):
getting them, or ask them or impose on them a
whole lot more responsibilities. And I hope and pray that
as the new RIMA wanders its way through the slit
committee process, that we reduce the number of consents that
are needed in New Zealand. We lift the threshold so
that the councils only have to focus on areas where

(34:52):
there's genuine risk, as opposed to the self righteous earnests,
Roman sandal wearing walk short CA characters liking the South
Island and making the lives of your cockies down their misery.
They tell me every week that this is their reality.

Speaker 5 (35:08):
Let's just finish on selling off state assets. You and
Winston don't want to sell off anything. You made that
quite clear around the Fonterra divestment of its consumer brand's business.
But should Palmu, for instance, the country's biggest farm, be
sold or divested.

Speaker 7 (35:25):
Well, the leader has absolutely stated this is a matter
that has to be addressed in the election. We're very
keen to create a model akin to the Singaporean institution
of Temasek, where you cobble together a whole lot of
assets and some of them you have a restriction on
how much you can sell and get them run in

(35:47):
a very professional way, disconnected from the bureaucracy, disconnected from
the politicians unless there's a strategic interest. But if anyone
thinks that New Zealand First is suddenly going to agree
to sell Transpower and sell these Crown interests and the
three Gentailors whilst they are in a villainous way gouging
the for Jesus out of industry and households, then they

(36:09):
are a grossly distorted understanding of the ideology of New
Zealand First.

Speaker 5 (36:14):
Okay, let's just get me this quote right. She was
last time a demonic egg beata. What did you call
her this time? Rent seeking klingon?

Speaker 7 (36:21):
Was it?

Speaker 6 (36:23):
Well?

Speaker 7 (36:23):
They are mate look, let's be hon but I.

Speaker 5 (36:26):
Don't get the rent seeking bit.

Speaker 7 (36:27):
Explain to me, well, a rent seeker is someone that
wants to impose costs on you and I in order
to fund a fantasy that New Zealand has to virtually
bankrupt this industry to look good to the rest of
the world and to save the planet. No, we don't.
We have to be viable, we have to be fertile,
and we have to be economically robust. And then when

(36:48):
we generate a surplus and we keep the jobs in
New Zealand and stop our young people disappearing, then if
there's a seplus, we'll think about saving the planet first.
Save the economy first, look after your own people and
boost security. Don't impose rint seeking ideologies on the rest
of us. We're struggling to make a living as it is.

Speaker 5 (37:08):
Wonderful rhetoric has always Shane Jones, love your time here
on the country.

Speaker 1 (37:12):
See it buddy, Bye, the best of the country with Rabobank.
Choose the bank with a huge network of progressive farming clients. Rabobank.

Speaker 5 (37:21):
Wow you God, Shane Jones, the Prince of the Province
is wrapping our best of the country. Good morning, my
name's Jamie McKay. Each and every Saturday morning, we bring
you the best bits of our weekday show twelve to
one here on Newstalk zb just because we can, and
we do so courtesy of rabobank. We're growing a better

(37:42):
New Zealand together. Well done Rabobank for winning the banking
poll for the highest bank satisfaction the Roy Morgan New
Zealand Customer Satisfaction Award. Good on you. Okay, that's me
done and dust that. I'm going to leave you with
a great country song here on the best of the country.
This is Morgan and Post alone. You know I had
some help, so they said.

Speaker 6 (38:04):
Sewhere makes you dream?

Speaker 5 (38:05):
Or can I have some.

Speaker 10 (38:07):
Help you find?

Speaker 8 (38:15):
I said?

Speaker 2 (38:16):
The flame for us to crumbling corn like lanky or
something already is lost game.

Speaker 5 (38:25):
That you've been running.

Speaker 10 (38:26):
Its just catching up here.

Speaker 5 (38:29):
You think charge sent after all he did.

Speaker 3 (38:37):
I ain't ain't anyway anything. He can't watch out hands.

Speaker 10 (38:43):
This I had some hell. It ain't like I can
make this coutless out by myself. Don't I like you
ain't help me pull that bottle off the shell? Been
deep being every weekend. If you couldn't tell, they said,
Team one makes some train work. Hell, I be from milk.

Speaker 3 (39:14):
It suit to break out it too, baby. You blame me, Baby,
I blame you.

Speaker 6 (39:26):
Dad ain't to.

Speaker 3 (39:29):
Some mall.

Speaker 10 (39:30):
It ain't like I can make this kind of mess
up by myself, talking back, like you wouldn't help me
pull that bottle of the.

Speaker 2 (39:36):
Shell deep every week.

Speaker 6 (39:39):
If you couldn't tell.

Speaker 10 (39:41):
They said, see what makes a train works? Some mal

Speaker 4 (40:00):
M
Advertise With Us

Popular Podcasts

Dateline NBC

Dateline NBC

Current and classic episodes, featuring compelling true-crime mysteries, powerful documentaries and in-depth investigations. Follow now to get the latest episodes of Dateline NBC completely free, or subscribe to Dateline Premium for ad-free listening and exclusive bonus content: DatelinePremium.com

Are You A Charlotte?

Are You A Charlotte?

In 1997, actress Kristin Davis’ life was forever changed when she took on the role of Charlotte York in Sex and the City. As we watched Carrie, Samantha, Miranda and Charlotte navigate relationships in NYC, the show helped push once unacceptable conversation topics out of the shadows and altered the narrative around women and sex. We all saw ourselves in them as they searched for fulfillment in life, sex and friendships. Now, Kristin Davis wants to connect with you, the fans, and share untold stories and all the behind the scenes. Together, with Kristin and special guests, what will begin with Sex and the City will evolve into talks about themes that are still so relevant today. "Are you a Charlotte?" is much more than just rewatching this beloved show, it brings the past and the present together as we talk with heart, humor and of course some optimism.

Stuff You Should Know

Stuff You Should Know

If you've ever wanted to know about champagne, satanism, the Stonewall Uprising, chaos theory, LSD, El Nino, true crime and Rosa Parks, then look no further. Josh and Chuck have you covered.

Music, radio and podcasts, all free. Listen online or download the iHeart App.

Connect

© 2025 iHeartMedia, Inc.