November 24, 2025 • 7 mins
Jeff Grant looks at the prospects of NZ securing an FTA with India.
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Speaker 1 (00:01):
Mystery.
Speaker 2 (00:07):
Jeff Grant is a Northern Southland business owner. He's worn
a lot of hats over the years, but he joins
us this afternoon once again on the muster. Get AJF,
how are you good?
Speaker 1 (00:16):
Andy?
Speaker 2 (00:18):
Straight off the cuff? Right. We've seen a correction and
the the GDT over the past few months. I think
it might be like seven options in our arts drop.
We've seen a correction in the milk payout. Still nine
point fifty is a midpoint range, is pretty darn good.
We correlate that to the red meat sector as well,
and I think Boat, it's fair to say both sides
of the coin are looking pretty sweet at the moment.
Speaker 1 (00:41):
Yeah. Look, I think this is just a continuation post
COVID is. The economies are picking up. They tend to shift,
you know, in their diets from carbohydrates to white protein
and then to red protein, and especially in the Asian countries.
So it's still a bit slow out of China, but
without doubt, you know, the underlying aspects seems to be
(01:04):
that the total consumption of meats growing by sense of
the dairy products are probably just a bit of a flip.
While there's a bit of a recalculation about production out
in North America and Europe. But long term you're still
looking pretty good.
Speaker 2 (01:22):
Yeah, just speaking to various people and a lot of
optimism as to where the red Beat schedule is going
to be at the peak of the season.
Speaker 1 (01:30):
So I think, having said that, it has to be
very careful, you will start We're already starting to see
in terms of the restaurant trade internationally, but also in
New Zealand where taking the topping cuts out of their
restaurant menu because they can't compete with pork and chicken
on a price. So you're starting to see a lower
cut being used, which pushes ironically pushes the overall price
(01:54):
up anyway, and there is a ceiling and the end
of the day where gets too far above where the
other protein market prices are, it does slow down the consumption.
Speaker 2 (02:07):
Well, you just got to look in the supermarket. It's
just about seventy five to eighty dollars for a league
of land. Now where is a couple of years ago
at this time coming into Christmas, perhaps a last leader,
but twenty three dollars.
Speaker 1 (02:18):
Yeah, without any doubt it's expensive to bio months or
anything at the moment, but Beef is also going to
be likely to show some shortage internationally for at least
the next three years until you see some restocking on
some of the major players in terms of the number
of cattle on feed lots, and that's going to hold
(02:41):
the price up for some time.
Speaker 2 (02:43):
Speaking of red meat, the free trade agreement with NDI
you that's something we'd love to get under there, but
whether that occurs or not it's another matter.
Speaker 1 (02:51):
Yeah, Look, it seems that we're ever closer after ten years.
These things take a long time. I wasn't convinced the
last round were going to get there easily, but the
Prome minister seems to be much more confident about it.
I always say the devils in the detail, because the
last two we did were UK and Europe, and the
(03:12):
UK one was really good. In the European one in
terms of the major commodities was nothing really So if
we inch away in the Indian market, both in the
dairy products will be hard. It'll be easier on sheep
and beef, but I think there's an opportunity in horticulture
as well quite significantly.
Speaker 2 (03:32):
Then are you pretty positive that will get an FTO
with India? That's going to agree with what we sell.
Speaker 1 (03:38):
As I said, the devils in the detail, how much
we give away in compromising what as a free trade agreement.
We'll decide. If we decide for a quick one and
we give away too much on dairy and the major
commodities like we did in Europe, then I sort of think,
well for a long time before we get a real
benefit from US. But it is a big market. It's
(04:00):
a market that New Zealand exporterers have been looking at
for over the last fifteen years, you know, as an
ex big step outside of China. So it would be
good to see it now.
Speaker 2 (04:11):
Artificial meat, we talk about the real thing, and there
used to be an ad for buddy, you can't beat
the real deal, and that's what we're seeing with red
meat US. The prices are high, but artificial meat is
still something that's on the horizon, right.
Speaker 1 (04:25):
Yeah. They've been a range of attempts around the world
by different companies. Probably the ones that are sticking out
more at the moment is Mosca Meat out of Holland
and Meetable, which is another European company. They've been around
since the early two thousands. My understanding is muscle meat
have now said that they've got success with the reditary
(04:47):
authorities in Europe where they can publicly sell artificial meat.
But again you can go and see their website, classic stuff.
It's all about the warm and fuzzies, you know, how
it helps the environment, how it helps the animals, how
it helps you, But nothing about the ingredients, genetically modification
or anything like that. And so I think, again it's
(05:09):
going to struggle. The price is high. I don't think
it's going to be something in the market in the
foreseeable future. You know, these companies will keep attempting, but
the reality is the ingredient is the problem for them.
Speaker 2 (05:23):
Well, we think of it beyond mate. We think of
impossible foods and the likes you see them in the
supermarket's okay Goore's probably not their target audience been more
often than not is reduced. But you look at the
ingredients that goes into them. It's scary, yes, And.
Speaker 1 (05:37):
That's that's where I think. You know, long term, in
terms of red protein, they're always going to be able
to have a market edge around a natural product. And
that's something that New Zealand benefits more so than in
many countries because we're grass for it and.
Speaker 2 (05:52):
Just finally, Jeff, you want to give a shout out
to the Young Farmers Clubs.
Speaker 1 (05:56):
Yeah. Look, I've just noticed, especially in the last few
years that they have strengthened again in terms of their
activities in the communities. I put it all down to
the female gender that have become active members of Young
Farmers and have changed the way Young Farmers operate. I
see even in our local example, BELFO has got now
(06:17):
thirty odd members doing some really big fundraisers for the community.
You see, they've got another one this Saturday, which is
the Drag Queen one. I think they raised about eleven
thousand for the Scouts in the community hall at the
last bar Cup, just on a one night event. It's
really good to see. But I just I find it
intriguing as somebody who sponsored some of these programs they
(06:39):
do that it's always the females that approach us about
what they're doing and what they wanted to achieve in
terms of sponsorship, etc. And it's really great to see
the great communities and any young people out there listening
and well worth joining. Well.
Speaker 2 (06:55):
Emma Bloom's on the show promoting with Spoufi. You're not
making a special pairs up on stage because I know
you're a thespian at heart.
Speaker 1 (07:01):
I think we're sponsoring a Frenchman. You've been working for it.
Speaker 2 (07:05):
Hey, just talking you farmer. You part of that infamous
Balford trip to the mid Dome all those years ago.
Speaker 1 (07:12):
No, I was the only one that I was responsible for.
Was to where things went wrong was the minorkey and
I drove a four wheeler over a three wheel are
over a cliff, which I had to report tomorrow.
Speaker 2 (07:23):
Man, Oh well, some things we just got to get
over in life. I suppose Jeff Grant always appreciate your
time on the Buster, jes Any, Jeff Grant not a
fan of three wheelers by the sounds of it. Like
I say, Emma Bloon from Balfa Young Farmers on the
show at the getting towards the end of the hour.
(07:44):
But next though Grant disaster McMaster, this is the muster
Mystery.
Speaker 2 (00:07):
Jeff Grant is a Northern Southland business owner. He's worn
a lot of hats over the years, but he joins
us this afternoon once again on the muster. Get AJF,
how are you good?
Speaker 1 (00:16):
Andy?
Speaker 2 (00:18):
Straight off the cuff? Right. We've seen a correction and
the the GDT over the past few months. I think
it might be like seven options in our arts drop.
We've seen a correction in the milk payout. Still nine
point fifty is a midpoint range, is pretty darn good.
We correlate that to the red meat sector as well,
and I think Boat, it's fair to say both sides
of the coin are looking pretty sweet at the moment.
Speaker 1 (00:41):
Yeah. Look, I think this is just a continuation post
COVID is. The economies are picking up. They tend to shift,
you know, in their diets from carbohydrates to white protein
and then to red protein, and especially in the Asian countries.
So it's still a bit slow out of China, but
without doubt, you know, the underlying aspects seems to be
(01:04):
that the total consumption of meats growing by sense of
the dairy products are probably just a bit of a flip.
While there's a bit of a recalculation about production out
in North America and Europe. But long term you're still
looking pretty good.
Speaker 2 (01:22):
Yeah, just speaking to various people and a lot of
optimism as to where the red Beat schedule is going
to be at the peak of the season.
Speaker 1 (01:30):
So I think, having said that, it has to be
very careful, you will start We're already starting to see
in terms of the restaurant trade internationally, but also in
New Zealand where taking the topping cuts out of their
restaurant menu because they can't compete with pork and chicken
on a price. So you're starting to see a lower
cut being used, which pushes ironically pushes the overall price
(01:54):
up anyway, and there is a ceiling and the end
of the day where gets too far above where the
other protein market prices are, it does slow down the consumption.
Speaker 2 (02:07):
Well, you just got to look in the supermarket. It's
just about seventy five to eighty dollars for a league
of land. Now where is a couple of years ago
at this time coming into Christmas, perhaps a last leader,
but twenty three dollars.
Speaker 1 (02:18):
Yeah, without any doubt it's expensive to bio months or
anything at the moment, but Beef is also going to
be likely to show some shortage internationally for at least
the next three years until you see some restocking on
some of the major players in terms of the number
of cattle on feed lots, and that's going to hold
(02:41):
the price up for some time.
Speaker 2 (02:43):
Speaking of red meat, the free trade agreement with NDI
you that's something we'd love to get under there, but
whether that occurs or not it's another matter.
Speaker 1 (02:51):
Yeah, Look, it seems that we're ever closer after ten years.
These things take a long time. I wasn't convinced the
last round were going to get there easily, but the
Prome minister seems to be much more confident about it.
I always say the devils in the detail, because the
last two we did were UK and Europe, and the
(03:12):
UK one was really good. In the European one in
terms of the major commodities was nothing really So if
we inch away in the Indian market, both in the
dairy products will be hard. It'll be easier on sheep
and beef, but I think there's an opportunity in horticulture
as well quite significantly.
Speaker 2 (03:32):
Then are you pretty positive that will get an FTO
with India? That's going to agree with what we sell.
Speaker 1 (03:38):
As I said, the devils in the detail, how much
we give away in compromising what as a free trade agreement.
We'll decide. If we decide for a quick one and
we give away too much on dairy and the major
commodities like we did in Europe, then I sort of think,
well for a long time before we get a real
benefit from US. But it is a big market. It's
(04:00):
a market that New Zealand exporterers have been looking at
for over the last fifteen years, you know, as an
ex big step outside of China. So it would be
good to see it now.
Speaker 2 (04:11):
Artificial meat, we talk about the real thing, and there
used to be an ad for buddy, you can't beat
the real deal, and that's what we're seeing with red
meat US. The prices are high, but artificial meat is
still something that's on the horizon, right.
Speaker 1 (04:25):
Yeah. They've been a range of attempts around the world
by different companies. Probably the ones that are sticking out
more at the moment is Mosca Meat out of Holland
and Meetable, which is another European company. They've been around
since the early two thousands. My understanding is muscle meat
have now said that they've got success with the reditary
(04:47):
authorities in Europe where they can publicly sell artificial meat.
But again you can go and see their website, classic stuff.
It's all about the warm and fuzzies, you know, how
it helps the environment, how it helps the animals, how
it helps you, But nothing about the ingredients, genetically modification
or anything like that. And so I think, again it's
(05:09):
going to struggle. The price is high. I don't think
it's going to be something in the market in the
foreseeable future. You know, these companies will keep attempting, but
the reality is the ingredient is the problem for them.
Speaker 2 (05:23):
Well, we think of it beyond mate. We think of
impossible foods and the likes you see them in the
supermarket's okay Goore's probably not their target audience been more
often than not is reduced. But you look at the
ingredients that goes into them. It's scary, yes, And.
Speaker 1 (05:37):
That's that's where I think. You know, long term, in
terms of red protein, they're always going to be able
to have a market edge around a natural product. And
that's something that New Zealand benefits more so than in
many countries because we're grass for it and.
Speaker 2 (05:52):
Just finally, Jeff, you want to give a shout out
to the Young Farmers Clubs.
Speaker 1 (05:56):
Yeah. Look, I've just noticed, especially in the last few
years that they have strengthened again in terms of their
activities in the communities. I put it all down to
the female gender that have become active members of Young
Farmers and have changed the way Young Farmers operate. I
see even in our local example, BELFO has got now
(06:17):
thirty odd members doing some really big fundraisers for the community.
You see, they've got another one this Saturday, which is
the Drag Queen one. I think they raised about eleven
thousand for the Scouts in the community hall at the
last bar Cup, just on a one night event. It's
really good to see. But I just I find it
intriguing as somebody who sponsored some of these programs they
(06:39):
do that it's always the females that approach us about
what they're doing and what they wanted to achieve in
terms of sponsorship, etc. And it's really great to see
the great communities and any young people out there listening
and well worth joining. Well.
Speaker 2 (06:55):
Emma Bloom's on the show promoting with Spoufi. You're not
making a special pairs up on stage because I know
you're a thespian at heart.
Speaker 1 (07:01):
I think we're sponsoring a Frenchman. You've been working for it.
Speaker 2 (07:05):
Hey, just talking you farmer. You part of that infamous
Balford trip to the mid Dome all those years ago.
Speaker 1 (07:12):
No, I was the only one that I was responsible for.
Was to where things went wrong was the minorkey and
I drove a four wheeler over a three wheel are
over a cliff, which I had to report tomorrow.
Speaker 2 (07:23):
Man, Oh well, some things we just got to get
over in life. I suppose Jeff Grant always appreciate your
time on the Buster, jes Any, Jeff Grant not a
fan of three wheelers by the sounds of it. Like
I say, Emma Bloon from Balfa Young Farmers on the
show at the getting towards the end of the hour.
(07:44):
But next though Grant disaster McMaster, this is the muster
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