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Jamie Mackay: The Country host ahead of this latest GDT auction · Best of Business

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  Speaker 1: You're listening to a podcast from Newstalk ZEDB. Follow this
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  Speaker 1: and our wide range of podcast now on iHeartRadio with
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  Speaker 1: us now as Jamie mckaie, host of the Country.
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  Speaker 2: Hey Jamie, Hello cousin. Here the good to have you back.
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  Speaker 1: Thank you appreciated. What are we expecting from the GDT
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  Speaker 1: auction tonight.
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  Speaker 2: Well, I've gone to my two go tos, Emma Higgins
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  Speaker 2: and Rado Bank Mike McIntire from Jarden. Look, the new
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  Speaker 2: season's kicking in. We're telling Emmitt told me that there's
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  Speaker 2: going to be the volume of powders on the platform
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  Speaker 2: steps up dramatically, so supply and demand you would have
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  Speaker 2: to think it's going to fall, interestingly, and there are
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  Speaker 2: predictions of a three or four percent drop tonight. Interestingly,
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  Speaker 2: the milk price futures have lifted from eight dollars twenty
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  Speaker 2: one this is for this season, up to eight dollars
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  Speaker 2: fifty two, and so that's off the back of a
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  Speaker 2: softer key we dollar. So maybe a bit of short
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  Speaker 2: term pain, as is not unusual at this time of
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  Speaker 2: the year. But if we can hang in there and
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  Speaker 2: get a dollars fifty two, I think we would take
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  Speaker 2: that Jamie. I see the country's only organic chicken farm
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  Speaker 2: has been sold.
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  Speaker 1: Now that it's been sold, will it stay organic?
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  Speaker 2: Well, I'm assuming it will. That's in fact I know it. Well,
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  Speaker 2: that's what it attracted Inghams to buy it. The Chicken Giant.
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  Speaker 2: There's a lovely story we side story to this one, Heather.
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  Speaker 2: You might remember in October of last year and I
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  Speaker 2: looked up my records because I spoke to one of
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  Speaker 2: the boss Stock brothers, Ben. Now they're the only organic,
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  Speaker 2: free range chicken meat producers in the country. Ben says
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  Speaker 2: they're a small operation because they've only got a million birds.
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  Speaker 2: I guess everything's relative. But you might remember they enlisted
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  Speaker 2: the services of the New Zealand Symphony Orchestra to compose
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  Speaker 2: a chock symphony and support of ethical farming, remember that story.
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  Speaker 2: So that's that's the same outfit. So yeah, they're sold
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  Speaker 2: to Ingham's. They're very small. They actually look to expand
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  Speaker 2: the business themselves, but they couldn't get the capitol and
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  Speaker 2: they couldn't keep up with demand. So I guess in
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  Speaker 2: some ways they've taken the money and run and why
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  Speaker 2: not cash and on all the hard work the brothers
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  Speaker 2: are going to remain involved in the business band or
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  Speaker 2: grow all the organic maze for the chicken feed. Well,
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  Speaker 2: George will remain involved in the actual chicken farming. And Heather,
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  Speaker 2: are we compliment from me to you? Good to hear
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  Speaker 2: you channeling your Darryl Kerrigan from the Castle, tell them
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  Speaker 2: their dream and with your interview with mister Olsen, so
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  Speaker 2: well done.
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  Speaker 1: You Are you a fan of that movie? Are you?
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  Speaker 2: I love it. It's just well made on a shoes
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  Speaker 2: string budget, made a fortune. It's just a Christmas regular
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  Speaker 2: in our family. My love it. Tell their dreaming straight
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  Speaker 2: to the pole rope.
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  Speaker 1: Yeah good, I love it, Jamie, Thank you so much.
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  Speaker 1: Jamie mckaye, Host of the Country. For more from News
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  Speaker 1: Talks ed B listen live on air or online, and
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  Speaker 1: keep our shows with you wherever you go with our
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  Speaker 1: podcast on iHeartRadio.