July 14, 2024 • 4 mins
Farm Advisors NZ Ltd & AgSafe NZ Ltd
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Episode Transcript
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Speaker 1 (00:00):
The Country Sport Breakfast with Brian Kelly on gold.
Speaker 2 (00:04):
Sport joining us out of Farm Advisors in Exa, New Zealand.
I've probably dragged him away from watching the soccer as
Jim Finley Morning Jim.
Speaker 3 (00:12):
Good morning, Brian. Yes, you sort of had well it's
on one eye and the other eye sort of looking
at the telephone. So yeah, Spain seemed to be be
keeping a fair bit of pressure on the English.
Speaker 2 (00:24):
Yes, but the English and managing to keep that that
white ball out or we'll be watching that this morning.
Speaker 1 (00:29):
Hey, want to touch on Yester. We talked about it.
Speaker 2 (00:31):
Last week sin Lay and the vote to borrow one
hundred and thirty million from major shareholders.
Speaker 1 (00:36):
That was important it went through last.
Speaker 3 (00:38):
Week, Yes, it did. It was quite important that it
went through because you know, the company needs to be
able to survive and keep that competition sort of going
out there in the industry. But the interesting part was
that the I understand the shareholders, the farmer ones voted
fifty seven percent in favor, but by the time the
institutional ones came in, like A two Milk and some
(00:58):
of the other big ones, it was a ninety nine
percent in favor. So to me. It just gives a
little bit of a signal to the Fontira people who
are wanting to sell off their consumer brands and things that. Yeah,
perhaps the farmers have got slightly different view and where
some of these things should go.
Speaker 2 (01:14):
Interesting and talking about dairy and Fontira as well, we've
got the GDT coming out I think this week as well.
Speaker 3 (01:20):
Yes, there will be and it's going to be interesting
to see what that does. And let's hope it doesn't
move down any further. Yeah, but you know they're selling
product for the peak of the season and they've got
fairly big volumes. Again I would expect up for auction,
so yeah, we could see a wee bit of an easing,
but hopefully they'll be just a little bit of plus
inside in front of it.
Speaker 2 (01:40):
So how did the schedule look for Let's look back
across this past week.
Speaker 3 (01:45):
Right, it's a little bits of upward movement in some
of the categories, particularly down the South Island at our
LAMB prices are still really down in the Doldrums I
think anyway, you know the ADM KG yax Lam which
is the benchmark one in the North Island, the six
dollars forty five a kg, and in the south it's
moved up to six dollars forty seven a kg. The
(02:05):
twenty one KGMX Muttain is two dollars ninety five in
the north and two seventy five in the south. Our
P two steer, the two seventy to two ninety five
kg waight Range, has moved up a little bit to
six point fifteen in the north and five dollars seventy
in the south. The M cow, the Boner cow one
sixty to one ninety five kg, is four point thirty
in the sixth North and has moved up a bit
(02:25):
to four forty in the south. And our two seventy
to two ninety five kg bull is six dollars in
the north and has moved up a bit from the
south of for five dollars of fifty and venus in
six sixty kg. Venison is still steady at age sixty
five in the north and eight seventy five in the south.
Speaker 2 (02:43):
I'm waiting for you one week and we could talk
about wool and that's sort of moving up. But there's
still nothing happening, is there.
Speaker 3 (02:49):
There's absolutely nothing happening. There was a lot of stuff
as we set out of the field days with little
things of making some sort of handbags out of wool
and making little pads to grow seeds and things on.
But there's been nothing substantial that will come through to
really use up the all supplies that are being made.
And I think there's been a big prize out there
for someone if they could come up with something that
(03:09):
will use up a large volume of our course walls
in New Zealand. The fine walls are fine, they sell
very very well, and the real fine get off to
Italy to make the very fine garments and things. But
this course wall that we've got as a real problem
for us at the moment.
Speaker 1 (03:23):
And your weekly rant and your newsletter this week you
heard an interview with Tony O'Brien, who's former New Zealand
trade envoy in parts of the world, and he took
about creating a vision, a common vision.
Speaker 3 (03:36):
Absolutely it was the most interesting podcast I've heard for
quite a week while because it was right about New
Zealand and about really looking forward. And you know, we
sought Donald Trump an attempt assassination yesterday, and part of
that is a little bit around where this is that
you know, if the parties can get we can get
a bipartisan view of where a country should be going
(03:57):
for sort of forty or fifty years or so, some
of these tensions and things mightn't happen. We mightn't have
the extremes on either side of the political divide. And
there are some things that New Zealand needs to do,
I think, to really get things going, and we can.
We've got a great future if we want to. We
don't want to end up being a sort of a
third world country like I've talked about before, but we
can really if we look to move together to get
(04:20):
a good understanding of each other, use where our mineral resources.
We can look at really saying how important farming is.
Understand that farmers are there to really look after the
land and care for their animals. As I said it
in the rant there with Brian, that a lot of
the farmers look after their animals better than people look
after their kids. So we need to think about that too.
Speaker 2 (04:39):
They are very very good point. Indeed, all right, great
to catch up, Jim, and we'll do.
Speaker 3 (04:42):
It again next week, okay, Brian, and thank you and
goodbye to the listeners. And let's hope that English can
bring home the soccer company groups they need to need
some ones occasionally.
Speaker 1 (04:54):
Is it coming home. We'll have to wait and see.
The Country Sport Breakfast with Brian Kelly on gold.
Speaker 2 (00:04):
Sport joining us out of Farm Advisors in Exa, New Zealand.
I've probably dragged him away from watching the soccer as
Jim Finley Morning Jim.
Speaker 3 (00:12):
Good morning, Brian. Yes, you sort of had well it's
on one eye and the other eye sort of looking
at the telephone. So yeah, Spain seemed to be be
keeping a fair bit of pressure on the English.
Speaker 2 (00:24):
Yes, but the English and managing to keep that that
white ball out or we'll be watching that this morning.
Speaker 1 (00:29):
Hey, want to touch on Yester. We talked about it.
Speaker 2 (00:31):
Last week sin Lay and the vote to borrow one
hundred and thirty million from major shareholders.
Speaker 1 (00:36):
That was important it went through last.
Speaker 3 (00:38):
Week, Yes, it did. It was quite important that it
went through because you know, the company needs to be
able to survive and keep that competition sort of going
out there in the industry. But the interesting part was
that the I understand the shareholders, the farmer ones voted
fifty seven percent in favor, but by the time the
institutional ones came in, like A two Milk and some
(00:58):
of the other big ones, it was a ninety nine
percent in favor. So to me. It just gives a
little bit of a signal to the Fontira people who
are wanting to sell off their consumer brands and things that. Yeah,
perhaps the farmers have got slightly different view and where
some of these things should go.
Speaker 2 (01:14):
Interesting and talking about dairy and Fontira as well, we've
got the GDT coming out I think this week as well.
Speaker 3 (01:20):
Yes, there will be and it's going to be interesting
to see what that does. And let's hope it doesn't
move down any further. Yeah, but you know they're selling
product for the peak of the season and they've got
fairly big volumes. Again I would expect up for auction,
so yeah, we could see a wee bit of an easing,
but hopefully they'll be just a little bit of plus
inside in front of it.
Speaker 2 (01:40):
So how did the schedule look for Let's look back
across this past week.
Speaker 3 (01:45):
Right, it's a little bits of upward movement in some
of the categories, particularly down the South Island at our
LAMB prices are still really down in the Doldrums I
think anyway, you know the ADM KG yax Lam which
is the benchmark one in the North Island, the six
dollars forty five a kg, and in the south it's
moved up to six dollars forty seven a kg. The
(02:05):
twenty one KGMX Muttain is two dollars ninety five in
the north and two seventy five in the south. Our
P two steer, the two seventy to two ninety five
kg waight Range, has moved up a little bit to
six point fifteen in the north and five dollars seventy
in the south. The M cow, the Boner cow one
sixty to one ninety five kg, is four point thirty
in the sixth North and has moved up a bit
(02:25):
to four forty in the south. And our two seventy
to two ninety five kg bull is six dollars in
the north and has moved up a bit from the
south of for five dollars of fifty and venus in
six sixty kg. Venison is still steady at age sixty
five in the north and eight seventy five in the south.
Speaker 2 (02:43):
I'm waiting for you one week and we could talk
about wool and that's sort of moving up. But there's
still nothing happening, is there.
Speaker 3 (02:49):
There's absolutely nothing happening. There was a lot of stuff
as we set out of the field days with little
things of making some sort of handbags out of wool
and making little pads to grow seeds and things on.
But there's been nothing substantial that will come through to
really use up the all supplies that are being made.
And I think there's been a big prize out there
for someone if they could come up with something that
(03:09):
will use up a large volume of our course walls
in New Zealand. The fine walls are fine, they sell
very very well, and the real fine get off to
Italy to make the very fine garments and things. But
this course wall that we've got as a real problem
for us at the moment.
Speaker 1 (03:23):
And your weekly rant and your newsletter this week you
heard an interview with Tony O'Brien, who's former New Zealand
trade envoy in parts of the world, and he took
about creating a vision, a common vision.
Speaker 3 (03:36):
Absolutely it was the most interesting podcast I've heard for
quite a week while because it was right about New
Zealand and about really looking forward. And you know, we
sought Donald Trump an attempt assassination yesterday, and part of
that is a little bit around where this is that
you know, if the parties can get we can get
a bipartisan view of where a country should be going
(03:57):
for sort of forty or fifty years or so, some
of these tensions and things mightn't happen. We mightn't have
the extremes on either side of the political divide. And
there are some things that New Zealand needs to do,
I think, to really get things going, and we can.
We've got a great future if we want to. We
don't want to end up being a sort of a
third world country like I've talked about before, but we
can really if we look to move together to get
(04:20):
a good understanding of each other, use where our mineral resources.
We can look at really saying how important farming is.
Understand that farmers are there to really look after the
land and care for their animals. As I said it
in the rant there with Brian, that a lot of
the farmers look after their animals better than people look
after their kids. So we need to think about that too.
Speaker 2 (04:39):
They are very very good point. Indeed, all right, great
to catch up, Jim, and we'll do.
Speaker 3 (04:42):
It again next week, okay, Brian, and thank you and
goodbye to the listeners. And let's hope that English can
bring home the soccer company groups they need to need
some ones occasionally.
Speaker 1 (04:54):
Is it coming home. We'll have to wait and see.
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