All Episodes

March 22, 2026 38 mins

Jamie Mackay talks to Miles Hurrell, Andrew Hoggard and Grant McCallum, Kate Scott, Richard Wyeth, and Phil Duncan. 

See omnystudio.com/listener for privacy information.

Listen
Watch
Mark as Played
Transcript

Episode Transcript

Available transcripts are automatically generated. Complete accuracy is not guaranteed.
Speaker 1 (00:00):
Catch all the latest from the land. It's the Country
Podcast with Jamie McKay thanks to a Suzu get demo,
deals on the tough dmax today.

Speaker 2 (00:16):
Even asking never worth a cooler.

Speaker 3 (00:19):
It's the Lagaringa. She's got the.

Speaker 4 (00:21):
Look because they's got a number, or just beening me around.

Speaker 1 (00:28):
Gil Elven is a wild dog, She's got the look.

Speaker 3 (00:32):
Good afternoon, New Zealand. Welcome to the Country. Brought to
you by my Caesar and farm Lands.

Speaker 5 (00:39):
This is rock set the look.

Speaker 3 (00:43):
I'm not really into English literature, but was it The
Tale of Two Cities where it starts with it was
the best of times, it was the worst of times,
something like that.

Speaker 5 (00:54):
I'll check it up.

Speaker 3 (00:55):
I'll get Michelle to check up on whether I'm right
or wrong on that one. But that kind describes what's
happening in the world of ag today in terms of
two of our biggest dairy companies. I think our biggest
and our third biggest Fonterra. Great half year results, Sinlay,
not flashy or We're going to talk to the chief
executives of both of those dairy companies. Miles Hurrale to

(01:18):
kick off the show. Shame he's leaving. He's really cooking
with gas at Fonterra. Richard Wyfe poison chalice of Sinlay.
He went from me Raka to Western Milk Products to
Sinlay and he's had a bit of a tough start.
We're going to talk about those two results. Today's Farmer
Politician Panel Andrew Hogart and Grant McCullum. I saw Grant

(01:40):
on the news last night. Nikola Willis was standing at
Marston Point and Grant was dutifully nodding in the background
as you have to do. So we'll talk about fuel, Furt,
food and Fonterra and what about Winston and those mad
dogs in Northland. Kate Scott, Chief Executive of Horticulture is
I think she's in twice all today for the Mardy Cup.

(02:02):
She's going to take a break from that to talk
about how the hoart industry is getting on with the
Middle East crisis. And Phil Duncan's our weather man. I
think there's some fairly serious weather. An extended heavy rain
fifty plus our heavy rain watch issued for the top
of New Zealand, a subtropical low looms. We'll have a

(02:24):
look at that with Phil Duncan. It's all on the
country up next Miles Hurrah. He is Fonterra's chief executive,
but for not that much longer. He will have another

(02:46):
six months in the job. We're going to come back
to that one, Miles hurl. But let's talk about your
half year results. Pretty good, actually, an eleven point two
percent increase in operating profit for the first half of
your financial year. Profit rows to one point two to
three billion, on top of revenue up one point three
billion to thirteen point nine billion. These are telephone book numbers.

Speaker 2 (03:10):
Here, you get o Jamie. Look, they are impressive numbers
and it just goes to show you that what you
can deliver when you focus and know the task at hand.
And so there's not one of our employees global that
doesn't understand the role they play. And to see them
pump out these numbers again despite some of the uncertainty
and volatility that exists in the market, really really please,

(03:30):
actually really please.

Speaker 3 (03:31):
Well, let's have a look at some of those key numbers.
The midpoint there's a couple that interested me. Obviously, there's
all numbers interest me, but that farm Gate four cast
milk price midpoints now nine to seventy, which is good
considering at the beginning of the year, we were looking
at something perhaps starting with an eight. And the other
one is the forecast milk collections up four percent a

(03:53):
year to date. We're finding a home for all the
s milk, an't we.

Speaker 2 (03:57):
Yeah, look, as you said, a couple of things there.
So we just come off nine to fifty, increase that
another twenty cents, and it does we do recognize that,
you know, it's still a fair way of the season
to go that you know, I would like to see
that nine seven he comes through, but of course we
do have you know, the volatility that's in play out
in the middle least at the moment is obviously increased
costs that are starting to come through to the P

(04:17):
and L as well. So so feeling pretty good about that,
but we obviously need to watch it. As you say.
The big question of the big talking point though, is
that extra milk that's come through and we had been
able to place it, you know, increased milk out of
North America, increased milk out of Europe, and increase milk
out of New Zealand. Despite all that that extra milk,

(04:37):
we have been able to find new markets and new
homes for it, and the team have done it is
to say, done a sterling job. So no really pleased
to see that plan out and I don't see the
milk dropping off anytime soon in New Zealand, given given
the increase in pay out. And I guess the silence
stacks that the farmers are sitting.

Speaker 3 (04:53):
On have the accountants or the boffins and the accounting
department at Fonterra, and I'm sure they're doing a wonderful
job if they tried to figure out how much extra
the freight is going to be to get this product
to market or is that just a complete stab in
the dark at the stage.

Speaker 4 (05:09):
Well it is.

Speaker 2 (05:09):
I mean you can make some assumptions on some of that,
and then the question of course comes back to you know,
how much do we absorb of that internally versus pass
on to customers.

Speaker 5 (05:18):
Ultimately, at the end of the day.

Speaker 2 (05:19):
It reduces purchasing power from customers and consumer So we're
to be felt somewhere, but we're not seeing it right
at the mediate, but we will definitely see that play
out over the next a few months, I suspect, but
difficult times. You know, we've been through this before. I mean,
this is on another scale of course, but we've been
through these sort of situations before. The team are well

(05:40):
versed at managing supply chain disruption, and I'm confident we'll
get through it again.

Speaker 3 (05:44):
You've announced a special mainland dividend. You did that a
while ago, fully imputed. It's sixteen cents per share. When
do they get that and when do they get the
money from the sale of the consumer brands business.

Speaker 2 (05:57):
Yes, so we've got both the interim of twenty four
cents plus the sixteen of the mainland event. It's a
total of forty that gets paid in fifteenth of April,
if I remember correctly. Add to that the two dollars
capital return is also the fifteenth of April. And of
course our advance rate steps up in line with this
new milk price as well of nine to seventy, so

(06:17):
that that steps up.

Speaker 5 (06:18):
So you know, I think, I think.

Speaker 2 (06:20):
We're on the back of writing a check out of
around five billion dollars come fifteenth of April, which is
you know, I don't think we've ever written a check
that much into the New Yal economy at a time
when I think everyone needs it. But yeah, it wasn't
that long ago. We're talking five billion dollars of debt
overhang and now we're talking five billion dollars paying out
the shield, So it's quite quite satisfying in that regard.

Speaker 3 (06:41):
You're doing a good job, Mile shurel Shame you're leaving.
Are you getting sick of Winston slamming it?

Speaker 6 (06:46):
Not at all?

Speaker 2 (06:47):
I mean it's it's the game he plays. And you know,
I could have could have written the script from a
year ago, so that doesn't surprise me at all.

Speaker 3 (06:55):
Well, you've batted that one off. What are you going
to do to improve the performance of New Zealand Rug?

Speaker 2 (07:01):
Yeah, well I might have said to you offline a
point of that Dave Reny got the job because I
would have been in for that. But anyway, they've given
that out someone else. But jokes aside, Jamie. You know
they've obviously got their hands full at the moment. I
know what that's like. They'll find the right person in time,
But again it all comes back to the performance of

(07:23):
how they perform on the field and that'll be back
to where it used to be in no time.

Speaker 3 (07:28):
Well maybe you might not be chief executive, who knows myles,
but you kind of did put your hand up voluntarily
in saying that you were up to help organizations and
boards a bit of community service.

Speaker 5 (07:41):
Yeah.

Speaker 2 (07:41):
Well, I've recently picked up the Halburg Helburg trusts on
on that board. But that's that's relatively relatively mine. But
nice to be able to give back to that. But also,
you know, probably the most important thing I need to
do is give it a little bit of back to
pack to my family, if I can be honest, it's
been twenty five years of I've been pretty relentless and

(08:01):
with the young family, you'd be nice to sort of
spend a bit of time on the sidelines of the
football and maybe a school camp or two along the way.
So we'll see how that plays out too.

Speaker 7 (08:11):
Well.

Speaker 3 (08:11):
You're certainly going to go out on a high. Look,
thanks for some of your time. Congratulations on a really
good half year result for Fonterra. Good thanks much, Jammy,
thank you, Miles bang on quarter after twelve. Sorry my
cup of teas repeating on me, very unprofessional. Yeah, okay,
that's the good news story for the day. There's lots
of bad news stories out there, but from the dairy

(08:32):
industry one point, let me have a look. Well, one
point two to three billion profit for the six months.
Compare that to Sinlay who came out today. Theirs wasn't
so flash net loss after tax of eighty million reported

(08:54):
ebada loss. That's earnings before interests, something else, something else
and amortization, which is a flash word for depreciation.

Speaker 5 (09:05):
I think I need to do my homework on that
one as well. Oh.

Speaker 3 (09:09):
I feel a bit like it's a holiday today because
it is a holiday in Donedan.

Speaker 5 (09:12):
There's only me and Michelle here.

Speaker 3 (09:14):
She's going to wander and shortly and confirm whether I
got it right over the Tale of Two Cities. It
was the best of times, it was the worst of times.
So anyhow, we're going to try and catch up with
Richard Wythe, the chief executive of Sinlay, before the end
of the hour. But up next it's the Farmer Panel,
Andrew Hoggard, Grant McCullum, Kate Scott's at twice all today

(09:34):
for the Mardy Cup. She's got a son rowing there.
She's going to take time out from what will be
a beautiful day there to chat to us and Phil
Duncan on the weather. Some serious rain coming for northern
parts of the country. It's all on the country and
we'll wrap all this before one o'clock Today's Farmer Politician Panel.

(10:08):
Grant McCallum, Northland MP for National Andrew Hoggard one or
two list MP for Act, both cal Cockies as well.
What did you two get up to over the weekend?

Speaker 5 (10:19):
Grant?

Speaker 3 (10:19):
I don't even need to ask you because I saw
you at Marsden Point, nodding dutifully behind Nikola Willis as
your next sore.

Speaker 8 (10:27):
Yes, Jamie it is. I was just doing my job
as a good loyal backbench MP, happy to be an
MP for an orphant in all seriousness, son, No, it
was great to visit the mars And Point and check
out the facilities there. Now a chat with the Channel
Infrastructure run the facility out there. We store about three
hundred million liters of our fuel and there're the fuel

(10:48):
tanker there unloading as we turned as we were there,
and they're basically the message at the moment is there's
plenty of fuel still coming in. The supply chains are
still there at the moment and long made continue and
so yep, so people just keep doing what you normally do.
You know, the price is going through the roof. Boy,
it's getting expensive to fill up the old these days. Mate.

Speaker 3 (11:09):
Absolutely, Trump's doing a great favor for evs the way
he's carrying on. Andrew Hogard, you would have no doubt
been at the Central District's field days last week had
the mood because I know, for instance, the mood at
the Southern field days was very buoyant. This was before
the Middle East War. This war, this conflict will have
taken the wind out of the sails awe. But at

(11:30):
field days do you think Central District they're talking.

Speaker 6 (11:33):
About we didn't do a little bit. There's still a
lot of people very happy with payot announcements and see
you again this morning. Frontira has gone and lifted it once more,
so people are happy about that. And on the farm
everything's good. But yeah, a few questions, particularly around you know,
will there be special treatment for diesel for rural uses,

(11:58):
and just people wanting to know when it's all going
to end, which, yeah, I don't have a crystal ball
on that one. But then you know, the other issues
of the day school buses were particular one in the
man or two we've had some pretty strange decisions made
recently by the ministry, which offered some suggestions on how
it could be done. A hell of a lot better.
And I may, of course lots of people wanting to

(12:20):
talk about that.

Speaker 3 (12:21):
Andrew Hoggot, I'll stay with you. What did you make
of Winston's big launch were his big meeting?

Speaker 5 (12:27):
Yes?

Speaker 3 (12:27):
Today, As I said to him later in the week,
the average age is going to be a lot closer
to sixty five than the thirty five he was claiming.
But are you getting annoyed as a Fonterra farmer shareholder
that he's kind of slagging off your co op and
its current chief executive.

Speaker 6 (12:45):
Yeah, I am, actually because, quite frankly, this whole idea
that somehow the government props Fonterra up and somehow supports Fonterra.
Quite frankly, I feel like it's the opposite. This country
has been propped up quite well by me anyway, by
the deer industry. You know, there's a lot of time
you look back at the global financial crisis. We were there.

(13:06):
We pulled out of that quicker than the rest of
the world just because of those excellent dairy returns that
were coming in, and dairy sort and powered away for
the economy once again. Right now, deer industry and agriculture
as a whole is doing wonders for our economy. So
this I don't know where he gets this idea that
somehow the government helps Fonterra. Yeah, it's just you know,

(13:29):
it's our company as farn As, our choices, what we do.
We don't want Bloody involved in that quite easily.

Speaker 3 (13:36):
Yeah, I agree with you one hundred percent. Fonterra is
propping up the government, not the other way around. Grant McCullum, Northland.
The dogs, the wild dogs, what are you going to
do with them?

Speaker 5 (13:46):
Just shoot them?

Speaker 8 (13:47):
Yeah? The wild ones right up the top. There are
some actual wild packs of wild dogs at the very
far and work apparently up in some of the forestry
out there. We are the massive conservation. Tom Paul Taker
is gonna work with some professional hunters to get them
taken care of. Shot. But then then we made an announcement
on Saturday where we're going to have a compandhence review
of the Dog Control Act. It was that the nineteen

(14:09):
ninety six was when it was written, and it's we
need to definitely improve things because quite frankly, it's time
people that owned these terrible dogs and uncontrollable dogs were
held to account and We're already focus in on that,
and I'm keen for counsels also to get out there
and frid the appropriate resource and pick up the stray

(14:29):
dogs because people have had enough. We've had about four
deaths up here, four desks up here in the last
few years. It's totally unacceptable and we're going to make
sure that we make changes to send the message to
the owners not accept all the thirty Andrew.

Speaker 3 (14:46):
Okay, Andrew Hoggart, how's the farming season going in the
un Or two region. I understand you're getting a wee
bit dry.

Speaker 6 (14:54):
Well, it Centtler was pretty hot and on the other
on Saturday at the CD field does but look, us
is still green. Normally at this time of year, we're
pretty brown all over the place. So this is kind
of what you well, this is nothing really compared to
what it might normally be like. So this is still
they're maybe getting dry, but she's been a pearl of

(15:16):
a season up to this point, and everyone should be
in a damn good position with plenty of supplementary feet
to be able to handle a bit of dry right now.

Speaker 3 (15:24):
Yeah, exactly, as reflected by the Fonterra fore cast milk
collections up four percent season yet year today Grant just
finally Northland, how's it looking?

Speaker 8 (15:35):
Yeah, pretty good, mate, There's a lot a green grass around.
We had a showered rain this morning at home, and
the north is looking pretty good. You're getting dry in
a few places, but we're able to get out there
a miltshow cokure and put some anuals into it otherwise
till we get the grass growing in and the winter
in the spring this this year. So no overall, I
mean the Jerry farmers and the bee farmers got not
too much complain about up here. The returns are pretty good,

(15:57):
but we all are all concerned about the fuel price obviously.
But what it does highlight, mate, is that what this
country needs to become more resilient in terms of producing
more and more electricity and running more of our vehicles
on electric vehicles. And I just think there's a great
opportunity for us that will be less dependent on the
Arabs and the oil.

Speaker 3 (16:17):
Maybe Chasinda and Grant were right about the evs.

Speaker 8 (16:21):
I just think evs are very sensible talk. They have, mate, Yeah,
a lot of power. The more energy we produce here
you can use here rather than Ryan overseas sources is
the better.

Speaker 5 (16:32):
Yeah, absolutely agree with.

Speaker 6 (16:33):
We just need to get the settings right so people
can make informed choices rather than have the government try
and make decisions for them.

Speaker 5 (16:39):
Here you go.

Speaker 3 (16:40):
That's spoken like a true act party politician.

Speaker 5 (16:42):
See you later, lads.

Speaker 3 (16:46):
Thanks boys, it is twenty six, twenty seven, after twelve,
you're with the country, right. I'm getting told off left,
right and center to day. Although he's a good text
coming in, I was referring to the Tale of Two.
It was the best of times, it was the worst
of times. I think that's the correct Is that right, Michelle?

Speaker 5 (17:05):
That is correct?

Speaker 1 (17:05):
Yeah.

Speaker 3 (17:06):
Well, I didn't really read books at school, which explains
a lot. We had Cole's Notes, so you could get
through school sir ui and bursary just by reading Cole's Notes.
Was like about a fifteen page condensed version of dreadfully
dull novels we had to study, like Death of a
Salesman by Arthur Miller. The only exciting thing about Arthur

(17:27):
was he was married to Marilyn Monroe.

Speaker 5 (17:29):
For a while.

Speaker 3 (17:29):
That would be more exciting than his dull book Death
of a Salesman. Here's someone coming in with the Tale
of two twitties, Granton McCullum and Andrew Hoggart.

Speaker 5 (17:38):
That's not too bad, and Riley.

Speaker 3 (17:41):
Kennedy at Business Deck's desk, because everyone's having a shot today.
I'm just a beaten man, Michelle, he says, go and
get an accounting degree.

Speaker 5 (17:50):
You've got it one day. I've got a third one.

Speaker 3 (17:52):
Riley ebida earnings before interest, tax, appreciation and amortization and mortise,
which is kind of a flash word for depreciation. Anyhow,
Thank you, Riley, keep up the great work. I plagiarize
it all the time and I'm going to use some
of your work when I chat to Richard Wyth, chief

(18:13):
executive of Sinley shortly. But up next it's off to
the Mardy Cup to talk. I weep it are rowing, probably,
but more likely horticulture industry and the problems being caused
the said industry by the Middle East conflict. Her name

(18:42):
is Kate Scott's the chief executive of Horticulture in New Zealand.
But for the purposes of our introductory chat today on
the country, you are a mum and your son George
is rowing in the Marty Cup and twice all this
is the biggest secondary school sports gathering of the year.
Your son is rowing for Sandra's College. They'll be one
of the favorites, are they for the Mardy Cup?

Speaker 9 (19:04):
Look he's only an under sixteen rowers and not rowing
in the Mardy Cup race specifically himself. But look they
meddled at the South Island Secondary School, so I think
they're feeling reasonably confident going into the regetto but you
never know on the day, that's for sure.

Speaker 5 (19:17):
Were you a rower?

Speaker 4 (19:19):
I was a rower?

Speaker 7 (19:20):
Yes?

Speaker 3 (19:21):
And is that the end of your conversation on your
own rowing career, kde or to be.

Speaker 9 (19:27):
I wasn't necessarily a great row but I catched up
every time, so that was a good start.

Speaker 3 (19:31):
I guess, well, what Gordon Titchens used to say when
he was getting the seventh squad to warm up in
the gym, if they went on the bike, they were soft,
as if they were on the treadmill, they were medium.
If they went to the rowing machine, those were the
ones he wanted.

Speaker 5 (19:44):
And his team.

Speaker 3 (19:45):
Right here, let's talk about or rowing against the tide
or swimming against the tide, and that's the world economy
at the moment. How much stuff, how much horticultural produce
because that's one part of the equation do we send
to the Middle East.

Speaker 9 (20:00):
Look, we send a relatively small amount of process through
to the Middle East across a range of different crops
at the moment, but it is a market that, through
the recent fresh Trade agreement up into the UAE, has
a lot of future potential for us. So that's something
to think about moving forward. But at the moment there

(20:22):
has been certainly some disruption, but not as much as
there could be for some other products. That's seen more
of their more of their crops and so forth through
into the Middle East.

Speaker 3 (20:32):
Okay, so the big issue for us will be the
stuff coming the other way, the fuel, the fertilizer of
the eggcam.

Speaker 9 (20:38):
That's correct, But that's certainly where our growers are most concerned,
is just making sure that they can continue to access
those essential essential things for growing fruit and vegetables, not
just getting them here. But obviously there's that flow through
effect of the cost those increased costs that are coming
on everything for trying to actually received goods here in

(21:00):
New Zealand. So that is starting to have a significant
impact across our sector, especially as we see you know,
some of our crops, you know Kiwi fruit apples are
in full harvests for their season. We've got our vegetable
growers who are about to kick into planting come of
their winter crops at the moment, and so all these
costs are starting to have a real compounding effect for

(21:21):
the horticulture sector.

Speaker 3 (21:22):
Okay, the good news part of the story is thus
far touch wood and I don't want to jinx this,
but the season has been pretty kind for the harvest,
hasn't it The apple harvest and the Kiwi fruit harvest
which is just getting into full bore.

Speaker 9 (21:35):
Yes, it is. Look growers for the most part, have
had a pretty good start to the season, particularly apples
and Kiwi fruit, summer fruit. I spent friday down in
cintral Otago talking to a number of different growers and
the things have been a little bit of a mixed bag,
depending on whether you were summer fruit, cherries.

Speaker 2 (21:53):
Et cetera.

Speaker 9 (21:53):
Some have had a reasonable season, some have had a
not so reasonable season. So it's bad, but things that
are looking not too bad for key fruit and apples
at the moment.

Speaker 3 (22:04):
Yeah, better than a pea grower in Canterbury. With what
is closing down factories around the country.

Speaker 5 (22:10):
Tough times.

Speaker 9 (22:12):
Look, it just signals ongoing tough times for our vegetable
growers when you know some of their key contracts disappear
from them, So that that is certainly concerning time for
those growers and what do they then look to plant
instead of that? And so you know, we are thinking

(22:32):
about them and trying to work to understand what are
some of those broader settings and issues in the back
end that we might be able to continue to advocate
for in their behalf to ensure that this doesn't continue
to happen.

Speaker 3 (22:44):
Are you worried that you're going to lose some of
that really good horticulture land, particularly and say Canterbury to
dairy farming.

Speaker 9 (22:52):
Look, I think you probably would have been a little
bit of sleep at the wheel if you hadn't seen
that happening already. You know, we do see, we do
see land conversion happening, and that is you know, obviously
a concern in terms of you know, if there's a
change of land durst, but I can also at the
same time understand you know why landowners and girls might

(23:13):
make that decision when you know, if the numbers don't
steck up, we've got to do something better is a
viable business decision at the end of the day.

Speaker 3 (23:20):
Kate Scott, Chief Executive of Horticulture New Zealand, thanks for
taking time out of a busy day supporting your son
George rowing for St Andrews and the Mardy Cup Regatta.
It's going to be a great sporting gathering and let's
hope the weather plays ball for the rest of the
harvesting season for the horticulture industry. Thanks Jammy, Thank you Kate.
It is twenty five allway from one. You're are with

(23:42):
the country. Michelle's wandered in here to correct me. Everyone's
correcting me today except for Lindy Nelson. Bless you Lindy
from Safer Farms. We've got some feedback from you. But
up next it's rural news and sports news. Before the
end of the hour, Richard Whyreth, the relatively new chief
executive of Sinlay. Not a great result for them the

(24:03):
half year result compared to Fonterra's and phel Duncan. Some
serious rain coming for the North Island.

Speaker 5 (24:30):
Welcome back to the country.

Speaker 3 (24:31):
Very shortly the latest and rural news and sports news.
But you know, facial exma is something a lot of
farmers used to think was only a North Island issue,
but that's starting to change. Beef and Lamb New Zealand
have a really interesting program called Eliminating Facial Exma Impacts
and it's all about tackling the problem head on over

(24:52):
the next seven years, including looking at genetic solutions. Releasing
this Wednesday is a new episode of the Country where
down on North Canterbury chats about what he's seeing on farm,
especially with that rise and fungus or in the fungus
that causes facial exma. He's working closely with his local
vet erin to get ahead of it. It's a really

(25:12):
practical listen. If you're in the industry. Jump on the
free iHeart app this Wednesday and check out the Country podcast.

Speaker 1 (25:21):
The Country's World News with Cob Cadet, New Zealand's leading
right on lawn Bower brand. Visit steel Ford dot co
dot z for your local stockist.

Speaker 3 (25:33):
Good afternoon, Michelle. Where's your gold medal from the weekend?

Speaker 10 (25:36):
I've got it round my neck, Jamie. I brought into
the office because you know, I remind you that you
know I'm there's a champion in the office.

Speaker 3 (25:44):
Wow, I won't tell you about my sporting failures over
the weekend. It's getting downright depressing my golf and what
were you doing biking.

Speaker 10 (25:50):
Biking, gravel riding. Shout out to Grant Campbell and the
team at Gravel and Paradise and all the farm strong
people that turned up that I got to chat to
yesterday that we entered in an air category.

Speaker 3 (26:00):
Yeah, are they getting many farm strong farmers coming along
to these gravel bike.

Speaker 10 (26:03):
Rides has been excellent. I've spoken to so many. Hi
to Stephen Quarterwig, Brendan Lane of course, who's a farm
strong He's been on with us before. We all said.
Mark Watt from down my way as well, no relation.
And Imma Porter who I beat yesterday for the first
time in three years.

Speaker 5 (26:20):
So you were the winner of your section.

Speaker 9 (26:22):
I was one.

Speaker 3 (26:22):
Remember Rowena was the wonder of her section and the
what was it the Masters game? She won the ten
k walk, that's right? And remember how many were in
her section?

Speaker 10 (26:31):
How you got to be into one? You know, no
one is if you're not there.

Speaker 3 (26:34):
How many were in your section?

Speaker 8 (26:36):
Two?

Speaker 5 (26:36):
Right?

Speaker 3 (26:38):
Well you finished second last. That was a very negative approach.
Well done, Michelle. What do you got for rural news?

Speaker 10 (26:44):
Okay, and reural news. Of course you spoke to I
think Grant and Andrew about this. But the government's organizing
professional hunters to deal with feral dogs on conservation land
amid a wider crackdown on attacks. It's reviewing the Dog
Control Act, looking to stronger powers for counsels, d sixing
obligations and penalties for dog owners. The Auckland Council alone
received more than two eight hundred reports of dog attacks

(27:06):
last year, which is absolutely insane.

Speaker 3 (27:10):
Get some of those weekend warriors, the keen marksman out
who want to do a recreational hunting and just send
them in there and clean those dogs up.

Speaker 5 (27:18):
Seriously, it's mind blowing, isn't it.

Speaker 10 (27:20):
But you've got sports news, although we've already had the
best sports news of the day.

Speaker 5 (27:23):
What's that your title, right? I suppose we have got sport.

Speaker 1 (27:29):
Sports on the country with AFCO invested in your foaming success.

Speaker 3 (27:34):
Well, I wish I could play golf like Matt Fitzpatrick.
He's claimed his first PGA Tour one in almost three years.
As we count down to the Masters, what's that a
couple of couple of weeks away. Yeah, it's going to
be so good Scottis Sheffler not in the best of form?
Who's going to be the favorite for the Masters? Tom

(27:55):
Walsh has defended his world into a shot put title
in Poland with throw twenty one point eighteen meters in
the final round. Imogen Airius took a bronze on countback
after clearing four points seven meters in the poll vote,
So Pole volt So a good day for New Zealand
there and a T twenty cricketing revolution is officially underway

(28:17):
in New Zealand. The governing body is backing the proposed
ENZ twenty privatized franchise League as a preferred option for
the domestic game next season, which already has Major Association
and Players Association support. And that is your sports news.

Speaker 5 (28:35):
Up next, we.

Speaker 3 (28:36):
Are going to talk to Richard Wythe from Sinley. They
came out with their half year results as well today.
They weren't as flash as Fonterras. Will crunch the numbers
with Richard next, and Phil Duncan's going to come in
and tell us about some heavy rain coming. I know
some parts of the country, especially the further south you
go with really looking for some rain now. But there's

(28:58):
going to be some heavy stuff in the North Island.
Bill Duncan on that to wrap out the country.

Speaker 4 (29:08):
You know she's a little bit dangerous.

Speaker 5 (29:16):
Welcome back to the country.

Speaker 3 (29:18):
Just before we go to Richard Wythe a correction for
sports news. Oh geez, I'm getting corrected today. Look, I
can only read what's put in front of me. It
wasn't on our twelve o'clock news bulletin or our twelve
thirty news bulletin. Jamie, you forgot to mention Steve Alka
winning today in the seniors. Cheers from Max for agent
golfers and I'm all for agent golfers too, Max. Okay,

(29:41):
that's something. And here's another one saying shameful sports news
Steve Alka won half an hour ago in a playoff
with Padrake Harrington from Grant. Apologies, Grant, Seriously, it should
have been I just blame whoever's writing the sports news
in Auckland. Okay, here's another question that's come on the
text line. Please ask the sinlay guy why they are

(30:04):
bringing an American butter and repackaging it to sell it
and as supermarkets less, let's ask the sinlay guy, Richard.
Why Richard. I'm glad they're picking on you and not me.
I've been getting it today in the air, Good afternoon.

Speaker 4 (30:20):
Good after name, Jamie. It's a tough question to start,
isn't it.

Speaker 3 (30:23):
Well, it's from the text line, well, why are you
repackaging American butter and selling it in supermarkets?

Speaker 4 (30:30):
Fair enough, Jamie. The dairy works, who's obviously your company.
Let me look after the task with obviously providing dairy
products into the New Zealand supermarkets and they are approached
by the customers saying hey, can we get some get
some product out of the uist and put that into
the supermarket.

Speaker 5 (30:48):
So is it cheaper than our product? Is it cheaper?

Speaker 4 (30:51):
Absolutely, absolutely, Jamie. So obviously in a former life I
was tasked with taking New Zealand batter to the world
and getting a premium an American supermar So the irony
of bringing there but the back that's cheaper and selling
it here at a lower cost. It's not a bad
thing from a New Zealand farmer perspective.

Speaker 3 (31:07):
Do you regret leaving me Raka and Westland Milk? It's
a bit of a poison, Chalice, and they.

Speaker 4 (31:13):
Well, it is a challenge. I mean, obviously the numbers
have come out today and I was reflecting on my
first year at Westland where we lost eighty million. So
I've managed to do that in six.

Speaker 5 (31:22):
Months here, so get you're getting better.

Speaker 4 (31:25):
I'm getting better. But we were able to turn that around,
and I think, well, I actually, no, we can. We
can turn cinema around as well.

Speaker 3 (31:33):
Are you in danger of a run on the bank
with some of your farmer suppliers going to other Obviously
I think some of them can go to Westlands, some
of them could go to Fonterra, they could. Can they
go to open country dairy and your catchment.

Speaker 4 (31:50):
There's no real open country plants around here. Look, I
think the farmer base is actually really solid, Jamie. I've
actually had a meeting of some farmers late last week
and look the feedback I'm getting from them as strong.
And if you look at our shareholding basis, Bright Dairy
an eight plenty of horsepower there. So I think from
a security of supply perspective, there's no real challenge for us.

(32:11):
It's just getting our operational stability sorted out in quality. And
as to say we can turn it around, well, let's.

Speaker 3 (32:16):
Have a look at the numbers and that loss after
tax of eighty point six million, a reported EBEDA loss
of thirty four point seven million. And as we know
from the people who have been chewing my ear that
stands for earnings before interest, tax, depreciation, and a mortization.
You're an accountant, what's the difference between depreciation and amortization? Amortization?

Speaker 4 (32:40):
It is from memory tangible assets versus intangible assets, So
amortization you'd write off on copyrights and things like that.

Speaker 3 (32:48):
Well, there you go, I've learned something new. It didn't
teach me that in accounting one oh one and nineteen
seventy nine at Otago University. Okay, so how can you
turn the ship around? The good ships and lay around Richard?

Speaker 7 (33:00):
Yeah.

Speaker 4 (33:01):
Like, as I touched on before, I mean largely that
the issue that surrounds these numbers is we're an infant
formula business. That's what we do on the shoulders of
the season and through peak we've got to run commodity
ingredient products. As we got through the start of twenty
five come under the year, we basically got into a
business position where we didn't have enough BA formula going

(33:23):
into peaks, so we had to sell milk off at
a discount. We then had to manufacture more infant, but
there was challenges through that peak milk period of having
to take milk back change our production cycle. So all
in all it was a perfect storm. We made homework
powder when we didn't want to. We sold that in
it at a time in the market was falling, so
we didn't have any commercial real flexibility. We had to

(33:47):
do those things. So for me, the next five months
are really critical. We need to catch up on that
advanced nutrition volume. We then they need to head into
this August peak period basically back to what i'd call
us state business. So you know, the next five months
are critical. If we do that, then certainly we'll turn
this shift around pretty quickly.

Speaker 5 (34:06):
Now next week.

Speaker 3 (34:07):
So I'm reading from your press release North Island Assets
sale is on track to deliver a stronger, simpler sidenly,
this is you disposing of your is this Pocono thing?

Speaker 5 (34:17):
Is it?

Speaker 4 (34:18):
Yeah, that's right, Jamie. There's over surrounded millennial come in
and sort of just about ten days time. So that's
a huge release valve for us as well in terms
of just sorting out a lot of our bank debt.
We'll obviously still have debt going forward, but it's a
real shot in the arm and it just does simplify
the business.

Speaker 5 (34:36):
That's it.

Speaker 3 (34:36):
Hey, you know how you and your old mate Tim
Myers looking forward to him coming back to New Zealand
and Kat how you used to run that golf tournament
and that's still going great guns at Wairaki. You need
one of those in the South Island.

Speaker 4 (34:50):
Well, Jamie, I'm the first. You'll be the first person
I call when I when I've got through this next
six or twelve months, you'll be the first person I call.
We'll do it. We'll do a show, and we'll start
getting getting some sponsors on board, and we'll do it
a clear order and we'll have a South Island version.

Speaker 6 (35:05):
We look forward to it.

Speaker 3 (35:06):
Yeah, Well, as long as the wind's not blowing, golf's
a hard enough game on a calm, fine sterll sunny day,
and even then I can't hit it straight. Okay, see
you later up, Richard, Thanks for your time.

Speaker 5 (35:17):
Thanks Jamie, here we go.

Speaker 3 (35:19):
He did a great job with Tim Myers, formerly of Norwood,
and they kicked off the golf tournament, the fundraiser that
we do at why Iraqi pts have picked it up
now and it's a great fundraiser for farm Strong.

Speaker 5 (35:31):
Up next, Phil Duncan on the weather.

Speaker 3 (35:32):
Some serious rain coming our way.

Speaker 1 (35:45):
Weather on the country with Fiji, where happiness comes naturally.

Speaker 3 (35:50):
Phil Duncan joins us from weather Watch. Phil, We've got
some farmers texting and wanting some rain for the South Island,
the bottom of the South Island. They might have to wait.
But what's happening in the North A fifty hour period
of sustained rainfall.

Speaker 7 (36:03):
Yeah, good a, Jamie. We've got a tropical low on
the way towards us. It's only a low risk of
becoming a tropical cyclone, but that's because it's leaving the tropics,
not because it's falling apart. And so this low is
going to come in around maybe Wednesday night in the
upper North Island, but really it's around Thursday Friday, and

(36:25):
it will bring in some very heavy rain to the
top of both main islands, So especially places like Northland,
Corimandal Peninsula, Western Bay of Plenty, East Cape and the
Tasman region of the South Island. Those are the main
spots at the moment that are likely to see at
least one hundred millimeters of rain and potentially up to
two hundred milimeters of rain. There's still a lot to

(36:47):
work out between now and then, but that is that's
what we're monitoring, along with dusty northeasterly winds that are
going to pick up as this high pressure system we've
got over New Zealand today finally moves out over the
Chatham Islands by later in the week.

Speaker 3 (37:00):
And is the South Island going to remain largely settled?

Speaker 7 (37:03):
Yeah, I mean this low comes into the West Coast
on Saturday, but it falls apart then, so it's not
at this stage the west coast of the South Island
doesn't have a high risk of severe weather, and where
we're sort of seeing the load come and fall apart.
A little bit of high pressure comes back this weekend
and by Monday next week in comes the next low.
But over the next seven days the two driest parts

(37:24):
of the country will be Southland and around Manawatu Wanganui.
Those are the sort of the southern ends of both
main islands.

Speaker 3 (37:32):
Really anything else to keep an eye on, not a.

Speaker 7 (37:35):
Lot, but we're in that time of year where it's
going high pressure, low pressure, high pressure, low pressure, so
we're starting to see the summer patterns fade away. Nothing
too serious other than this low coming in this week.

Speaker 3 (37:46):
Yeah, well, I hope it's one hundred miles rather than
two hundred, because at two hundred it starts to come
a bit problematic, doesn't it.

Speaker 7 (37:53):
We need the rain too, these areas are all dry,
so it's good news.

Speaker 5 (37:57):
Really hopefully, hopefully, I hope you're right. There we go.

Speaker 3 (37:59):
Monday is where the man Phil Duncan, wrapping the show
for today. The text has come in which I can't
read out. Censorship is a wonderful thing. We'll catch you
back tomorrow.

Speaker 1 (38:15):
Some catch all the latest from the land. It's the
Country Podcast with Jamie Mackay. Thanks to Aisuzu, Get Demo
deals on the tough Dmax Today
Advertise With Us

Popular Podcasts

Hey Jonas!

Hey Jonas!

Hey Jonas! The official Jonas Brothers podcast. Hosted by Kevin, Joe, and Nick Jonas. It’s the Jonas Brothers you know... musicians, actors, and well, yes, brothers. Now, they’re sharing another side of themselves in the playful, intimate, and irreverent way only they can. Spend time with the Jonas Brothers here and stay a little bit longer for deep conversations like never before.

Crime Junkie

Crime Junkie

Does hearing about a true crime case always leave you scouring the internet for the truth behind the story? Dive into your next mystery with Crime Junkie. Every Monday, join your host Ashley Flowers as she unravels all the details of infamous and underreported true crime cases with her best friend Brit Prawat. From cold cases to missing persons and heroes in our community who seek justice, Crime Junkie is your destination for theories and stories you won’t hear anywhere else. Whether you're a seasoned true crime enthusiast or new to the genre, you'll find yourself on the edge of your seat awaiting a new episode every Monday. If you can never get enough true crime... Congratulations, you’ve found your people. Follow to join a community of Crime Junkies! Crime Junkie is presented by Audiochuck Media Company.

The Breakfast Club

The Breakfast Club

The World's Most Dangerous Morning Show, The Breakfast Club, With DJ Envy, Jess Hilarious, And Charlamagne Tha God!

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

Connect

© 2026 iHeartMedia, Inc.

  • Help
  • Privacy Policy
  • Terms of Use
  • AdChoicesAd Choices