Latest / Best of Business / Jamie Mackay: The Country host on the impacts of the current El Niño weather pattern

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Jamie Mackay: The Country host on the impacts of the current El Niño weather pattern · Best of Business

• 0:09
  Speaker 1: You're listening to a podcast from News Talks Be follow
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  Speaker 1: this and our wide range of podcasts now on iHeartRadio,
• 0:16
  Speaker 1: The Rural Report with Farmland's Rural Never Rests and Neither
• 0:21
  Speaker 1: as Farmlands.
• 0:22
  Speaker 2: Jnny mckaye, Host of the Countries with us Ajami good
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  Speaker 2: A Heather. So, do you reckon every heat wave in
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  Speaker 2: drought cloud may have a silver lining? Well, it may,
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  Speaker 2: And of course we're facing our own uncertainty this year
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  Speaker 2: with the prospect of our Nino. Some people are calling
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  Speaker 2: it a super al Nino, so that may affect our production.
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  Speaker 2: It may increase the prices, but the loss of production
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  Speaker 2: will probably wipe that out. But when I said does
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  Speaker 2: every heat wave and drought cloud have a silver lining,
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  Speaker 2: I'm talking about what's happening in the northern Hemisphere, especially
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  Speaker 2: in the United Kingdom. Obviously in Europe. It's starting to
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  Speaker 2: really hit food production, which, in a perverse sort of way,
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  Speaker 2: we may benefit from milk flows. Crops of apples and
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  Speaker 2: grain are welting under three months of excessively hot weather
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  Speaker 2: that pushed UK temperatures to over thirty five degrees. Initially
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  Speaker 2: we were expecting in terms of milk production a five
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  Speaker 2: percent increase in Great Britain three percent across the entire UK,
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  Speaker 2: but they've had these heat waves in May and June
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  Speaker 2: production has fallen back. Milk production this is in France
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  Speaker 2: by seven percent, three point six percent in Germany. Now.
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  Speaker 2: Paul Painter, the owner of the Yummi Fruit Company in Havelock, North,
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  Speaker 2: has just returned from visiting European apple growing areas, including France,
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  Speaker 2: and he said where he crunched the numbers on these
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  Speaker 2: trees get into survival mode once they get past about
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  Speaker 2: twenty eight degrees solsius. He said, when they get past
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  Speaker 2: thirty degrees solsius on an extended basis that basically apple
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  Speaker 2: growth will stop dead. So this heat wave is also
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  Speaker 2: hitting maize and corn crops, and the key growing regions
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  Speaker 2: of France and Hungary potentially the lowest yields in seventeen years.
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  Speaker 2: French crops have been the weakest in fifteen years. Some
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  Speaker 2: are predicting a decline of eight percent in the French
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  Speaker 2: corn harvest. What does this all mean for us? It
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  Speaker 2: means that anything they grow or produce in the Northern Hemisphere,
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  Speaker 2: especially that relies on some of these crops i e. Dairy,
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  Speaker 2: they'd rely on the maize feed. They're going to become
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  Speaker 2: much more expensive to produce. So and as I said
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  Speaker 2: in a perverse sort of way, the Northern Hemisphere heat
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  Speaker 2: wave Heather is playing into the hands of New Zealand farmers.
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  Speaker 1: You can see how that works out.
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  Speaker 2: Hey, did you like the little agribusiness lift out in
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  Speaker 2: the Herald today? Well, Heather, you're doing at a disservice.
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  Speaker 2: It wasn't little, it was it was twenty eight pages
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  Speaker 2: and I had a chat to fran O'Sullivan, our head
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  Speaker 2: of business Content. Look, honestly, she's done a great job.
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  Speaker 2: I've seen these liftouts before and sometimes they're full of
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  Speaker 2: I'll get in trouble for saying this, Heather. They're full
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  Speaker 2: of press releases and patsy pieces, really meaty agribusiness stuff.
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  Speaker 2: They've got twenty eight pages. You can get it in
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  Speaker 2: the Herald. A lot of it's available not beyond the
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  Speaker 2: pay War but on the Herald website and also our
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  Speaker 2: country website, all sorts of topics like trade. Under Trump,
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  Speaker 2: He's changed the rules there completely AI, making New Zealand
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  Speaker 2: ag more competitive. And you only need to think of
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  Speaker 2: the likes a Halter for that one agg emissions, the
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  Speaker 2: fuel crisis, these weight loss drugs driving meat sales, and
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  Speaker 2: there's a nice wee piece on who farmers will vote
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  Speaker 2: for in the upcoming election. You don't need to be
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  Speaker 2: a rocket science to figure out scientists sorry here that
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  Speaker 2: to figure out that one. No fair enough.
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  Speaker 1: Hey, thank you very much, Jamie, appreciate it.
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  Speaker 2: As always, you enjoy your evening, Jamie McKay, Host of
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  Speaker 2: the Country.
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