Latest / Best of Business / Jamie Mackay: The Country host ahead of Fonterra's big announcement

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Jamie Mackay: The Country host ahead of Fonterra's big announcement · Best of Business

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  Speaker 1: You're listening to a podcast from Newstalk ZB Follow this
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  Speaker 1: and our wide range of podcast now on iHeartRadio.
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  Speaker 2: Jamie mckaye, host of the Countries with us A Jamie Gooday.
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  Speaker 2: Here but here you've got a hot take on the
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  Speaker 2: price of butter and on cheese, because Laura, the producer
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  Speaker 2: was saying to me she was gutted. She went to
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  Speaker 2: New World the other day and it was ten bucks
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  Speaker 2: for what was it, anchor an anchor butter. That's a lot.
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  Speaker 3: Well, I'd just said to producer Laura, get used to it. Unfortunately,
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  Speaker 3: because the price of international dairy commodities is going up,
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  Speaker 3: so we're just surely as night Fellow's day, the price
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  Speaker 3: of butter and cheese and the supermarkets is likely to
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  Speaker 3: go up. And I was watching the story on one
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  Speaker 3: of the network news programs about twenty dollars for a
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  Speaker 3: block of cheese. Laura's saying ten bucks for a block
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  Speaker 3: of butter. And the bizarre thing about all this set
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  Speaker 3: there is I'm here also hearing there's like a butter
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  Speaker 3: shortage in this country, which is absolutely Yeaharently, well I
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  Speaker 3: couldn't believe it a couple of weeks ago when they
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  Speaker 3: said there was a shortage of beef and lamb. You know,
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  Speaker 3: we grow the stuff, we export it. We seem to
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  Speaker 3: have a shortage of it domestically. But yep, just on
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  Speaker 3: the subject of cheese, it'll go up because farm what
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  Speaker 3: internationally and commodity prices are going up. So go stock
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  Speaker 3: up on butter and cheese.
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  Speaker 2: Now do you buy when you go to the supermarket
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  Speaker 2: do you buy the Anchor or do you buy the
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  Speaker 2: West Gold? Because I find the Anchor is a little
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  Speaker 2: bit funky tasting and I prefer I prefer the bougie
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  Speaker 2: West Gold.
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  Speaker 3: I buy a six pack of Emerson's Pulsner at the supermarket.
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  Speaker 2: You don't need better than if you're eating that.
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  Speaker 3: I don't need that. There's a there's a steak in
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  Speaker 3: every bottle.
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  Speaker 2: He Hey, what are you hearing about Vontira?
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  Speaker 3: Oh? Nothing, Well, I mean I'm hearing that there's going
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  Speaker 3: to be an announcement tomorrow. I just wonder what the
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  Speaker 3: hell it is, because of course they came out very recently,
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  Speaker 3: in fact, last Friday, it's top of my head, and
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  Speaker 3: announced a fifty percent increase in the milk for cast price.
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  Speaker 3: I doubt, in fact, I would be totally sure they're
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  Speaker 3: not going to come out tomorrow and announce another rise
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  Speaker 3: in the milk forecast price, although they move from eight
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  Speaker 3: dollars to eight fifty. The futures market is at eight eighty.
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  Speaker 3: This is for the season we're in. And I think
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  Speaker 3: NZX came out late late last week and we're protecting
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  Speaker 3: nine dollars twenty And I harked back to what I
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  Speaker 3: said before, that's why the price of dairy comodities domestically
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  Speaker 3: are probably going to go up. But there is something
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  Speaker 3: coming from Fonterra tomorrow, Heather, I don't know what it is.
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  Speaker 2: I can't wait. I can't wait. I love a Fonterra announcement,
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  Speaker 2: so important to the country. Thank you, Jamie really appreciated.
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  Speaker 2: Jamie McKai, Host of the Country.
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