Episode Transcript
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Speaker 1 (00:01):
This interview brought to you by Agress into South Branches
in Lawneville, Gore, Cromwell, Milton and ranfully dropped by your
local Agress into South Branch today. Matt McCrae farms at
Mocareta and joins us this afternoon to give us his
take regarding the Alliance decision with Dawn Meet's Matt Good afternoon,
(00:24):
Democracy spoke this morning and the way the alliance cooperative?
What are your initial thoughts?
Speaker 2 (00:30):
Yeah, afternoon, Andy, You're not are overly surprising, to be fair,
but yeah, still a bit of sweet. Nonetheless, they've got
a good clear men either way, and yeah, let's hope
they can move forward with a strong men that now.
Speaker 1 (00:45):
I suppose of nothing else, it was strong, clear messaging
from shareholders that they believed in the concept.
Speaker 2 (00:51):
Yeah, it was like it was good that it wasn't
the way because it just leaves a lot of questions
to isn't it. Yeah, there'll still be a lot of questions,
but it goes to show that it was at sixty
two percent of shareholders or whatever head voted in eighty
seven percent of total vartes.
Speaker 3 (01:09):
So yeah, good to see. Good a good.
Speaker 2 (01:12):
Turnout and it goes to show what can be done
for a lot of other companies and processes around. So yeah,
be encouraging that if all can big farmers could get
that engaged on a lot of other issues facing the
industry at the moment.
Speaker 1 (01:28):
That's an interesting point you bring up, the getting farmers
to engage another and other issues, I suppose, But to
be fair, this was a pretty major one.
Speaker 2 (01:37):
Yeah, it is, like it's a it is a big issue,
and yeah, a new chapter in the neat industry in
New Zealand.
Speaker 3 (01:45):
Tom will tell how it plays out. I guess the.
Speaker 2 (01:48):
Challenge now is making this decision the right one for alliance.
Speaker 3 (01:52):
Isn't it.
Speaker 2 (01:52):
So yeah, we'll wait and see how it plays out.
But certainly relieved for the staff, the drafters and net
workers in the short term, certainly it provides them. So yeah,
I guess we'll work through what the childrenes are as
they come to head over the next few years.
Speaker 3 (02:11):
Yeah.
Speaker 1 (02:11):
Absolutely, It's got to be pretty stressful for all the
drafters as well as the meat worker as well, Charoty,
everybody involved with the alliance today because uncertainly going forward
is never a good thing. So at least they can
sit there and sleep, eat and like knowing they've got
a job tomorrow.
Speaker 3 (02:27):
Yeah, exactly.
Speaker 2 (02:28):
And yeah, we have a very good relationship with their
drafter and he does a fantastic job, and know a
lot of the meat workers in that too, So it
is reassuring that come a month's Tom and Limb start
rolling in there, that they will get killed.
Speaker 3 (02:43):
But yeah, it still bigs the questions.
Speaker 2 (02:47):
It doesn't actually change anything in terms of the industry structure.
Speaker 3 (02:51):
Or the way a lance operates.
Speaker 2 (02:54):
So yeah, we look forward to seeing what Dawn and
what's role they playing and shaping that in the future.
Speaker 1 (03:01):
So what does this mean for the red seat, for
the red meat sector going forward in your opinion, Yeah,
it's a good question.
Speaker 3 (03:09):
Yeah, it would be one.
Speaker 2 (03:10):
We'll be asking of Dawn the way a lot to
see what they how they see it playing out. But
I guess this still is over capacity. There still is
in market opportunities, and yes, hopefully it's not a continuation
of last men standing in and we have a proturement
(03:30):
more for the next five years. But i'd like to see, Yeah,
I still like to see We've been a leadership in
that space. But I guess I've got to get to
know each other now. It's seeing your company, isn't it.
Tom will only tell, and it's hope they play a
positive role in shaping the future dawn mates.
Speaker 1 (03:47):
The figure is not good on paper, but if you're
an Alliance shareholder, still it's an unknown quantity too.
Speaker 3 (03:53):
Yeah, no it is.
Speaker 2 (03:54):
I still think they got it, got it cheap. Alliance
had turned around the web. But yeah, you played to them.
They got and struck while the iron was hot. So yeah,
Tom will tell how that investment is.
Speaker 3 (04:07):
But I guess we've just lost well, based.
Speaker 2 (04:10):
On the independent report, we've just lost a few tens
of thousands of dollars in equity today, which makes it,
like I said earlier, a bit bit of sweet.
Speaker 3 (04:18):
But yeah, let's hope.
Speaker 2 (04:20):
The investment that is still there has a good return
going forward. They obviously see themselves as a bit of
a save US two alliance, but not necessarily really the industry, sir.
Tom will tell how that plays out and how their
relationships with some of the other players in the industry go.
But being nice to think we could use some of
the current market hires to fax a few of the
(04:43):
bigger problems at Stake. But yeah, Tom will tell Matt, you.
Speaker 1 (04:47):
Went along to the meeting yesterday with your brother and
you were glad you took them along because you have
joked that you were at the youngest one in the room.
Do you think there is a real concern though about
young people, young farmers needing to engage more.
Speaker 2 (05:00):
Yeah, there certainly is, is saying it was please pleased
to take him along there, there were a lot of
there weren't a lot of younger pharmas here, and there's
probably an alliance problem and it's also an industry problem
to get younger people engaged. And so yeah, going forward,
(05:23):
I don't know. Like I said earlier, it was good
to see about to turn out, but it'd be good
to see some young people there with the shoulders to
the world to make some positive changes going forward. It's
good to make most of a week day and get
a few ten jobs ticked off or where we're in there,
So you're always interested to see how those processes play out,
and yeah, say in the future either way, we.
Speaker 3 (05:46):
Were a part of it.
Speaker 2 (05:46):
So yeah, there's a few opinions, and it was fairly
respectful and process. I've probably learned just as much watching
online at home, but good to make use of a
wet day, and we've had plenty of them at the moment.
Speaker 1 (06:01):
Speaking of wet days, what are ground conditions like a
mocker reader at the moment?
Speaker 3 (06:07):
Pretty pretty average to be fair.
Speaker 2 (06:08):
The feeds well and truly disappeared the and we're just
seemed to be getting one and Chaps strayed out a
little bit and then more rain, so some not hard
to make a mess at the moment. It wouldn't be
too much tailing getting done up this gully, but you
we're just trying to toddy up a few things for
an open next Friday, and yeah, toddying up and make
(06:32):
hair selfshed up to script. But yeah, the weather's proving
challenging in that regard.
Speaker 3 (06:37):
Away are you.
Speaker 1 (06:38):
Getting through the tailing? And were likes okay or just
another job? And he's ticked off.
Speaker 2 (06:42):
Uh, we got the lucky We got the bulk of
it done the fortnight of go. It was a good
job to have done. But yeah, we're just waiting to
get toted up on a few later. Lemmon, Lemmas and
Hogitts finish Lemmon in the next couple of days, so
we'll give them a week or ten day and cut.
Speaker 3 (07:01):
The rest of the toils off. But yeah, it's not
looking too bad.
Speaker 2 (07:04):
But the weather has certainly had some effect going forward.
But yeah, certainly enough to pay the bulls a see
which is good.
Speaker 1 (07:12):
Good on your mat, I always appreciate your time on
the muster.
Speaker 3 (07:15):
Now where its cheers in.
Speaker 1 (07:18):
Matt McCrae and Marcareda. Before the end of the hour
we are catching off the Abbey white out of Clinton
Young Farmers, Simon Stokes from Environment South but up next
we hit up to close ber In Station on the
edges of Lake Wakasta, Lake Wakastapo, Lake Wakatapoo. That should
be with Grant disaster Big Master