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Jamie Mackay: The Country host outline predictions for February GDT auction · Best of Business

• 0:09
  Speaker 1: You're listening to a podcast from News Talk zed B.
• 0:12
  Speaker 1: Follow this and our wide range of podcasts now on iHeartRadio.
• 0:16
  Speaker 2: Damie McKay from the Country is with us. Good evening, Jamie.
• 0:20
  Speaker 2: Great to have you on the show as always. What
• 0:22
  Speaker 2: did you make of the Climate change Minister Simon Watts
• 0:26
  Speaker 2: on the show earlier?
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  Speaker 3: To be honest, I found him awey, but underwhelming and
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  Speaker 3: not really convincing. I think if Christopher lux And wanted
• 0:36
  Speaker 3: someone to explain why we need to meet emissions targets
• 0:41
  Speaker 3: and stick with the Paris Cord, he should have put
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  Speaker 3: He should have put up Miles hur or someone from
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  Speaker 3: the industry who can talk the talk. Now. Look, Simon
• 0:50
  Speaker 3: Watts and the fact that he hasn't met Federated farmer
• 0:54
  Speaker 3: since November twenty twenty three is a bit of a
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  Speaker 3: damning one from the outside looking in. And I can
• 0:59
  Speaker 3: only judge from the outside looking and on this one, Ryan,
• 1:02
  Speaker 3: he's a bit like the guy Matt Doocy. Underwhelming.
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  Speaker 2: Yeah, I was quite surprised, to be honest, not so
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  Speaker 2: much with the content but the meetings. I mean, why
• 1:14
  Speaker 2: you're a national minister you grew up on a farm.
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  Speaker 2: He was quick to say that you know, why have
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  Speaker 2: you not met directly with them since November twenty twenty three?
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  Speaker 2: What on earth is that about?
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  Speaker 3: You know? Yeah, well absolutely, and then he couldn't really
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  Speaker 3: explain how they were going to meet these targets where
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  Speaker 3: she was she sort of excuses, Look, I'd go back
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  Speaker 3: a step Ryan and say, we need to revisit this.
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  Speaker 3: And I know that it was something that Damian O'Connor,
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  Speaker 3: to be fair to him, was looking at. And this
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  Speaker 3: is the fact that, you know, the solution partly lies
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  Speaker 3: in the fact that a lot of farmers a carbon positive. Anyhow,
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  Speaker 3: what we need to do is recognize all the carbon
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  Speaker 3: that's being sequested on farm and then we can offset
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  Speaker 3: that against the emissions. The problem in my mind, and
• 1:59
  Speaker 3: I left science behind in year on the fifth form,
• 2:02
  Speaker 3: what's that year eleven?
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  Speaker 1: Ryan?
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  Speaker 3: Honestly, the problem in my mind isn't ruminants ruminants emitting methane.
• 2:10
  Speaker 3: It's man burning fossil fuel, simple as that.
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  Speaker 2: Hey, what's going to happen with the Global dairy Trade
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  Speaker 2: option tonight?
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  Speaker 3: Well, hopefully it's a good one. Another good one, Ryan,
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  Speaker 3: because we had a good one a couple of weeks ago,
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  Speaker 3: or our second one in January. So the guy I
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  Speaker 3: talked to him as Mike McIntyre at Jardin, I'll give
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  Speaker 3: him a shameless plug, and this is what he had
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  Speaker 3: to say. They're expecting another good lift tonight, maybe four
• 2:35
  Speaker 3: or five percent. And the interesting thing is that futures
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  Speaker 3: markets for this season are sitting above ten dollars, remembering
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  Speaker 3: Fonterras at ten dollars for milk price for this season,
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  Speaker 3: but the futures markets for the coming seasons twenty six
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  Speaker 3: and twenty seven are creeping up as well. Nine dollars
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  Speaker 3: eighty two and nine to twenty seven. That's good money,
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  Speaker 3: a long long way out. And what Mike McIntire is
• 3:01
  Speaker 3: saying is that another good option tonight. We'll see us
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  Speaker 3: break through that ten dollar barrier for the twenty five
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  Speaker 3: twenty sixth season, which would be an excellent forward looking
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  Speaker 3: picture I think for dairy farmers.
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  Speaker 2: Yeah, no, we really look forward to that result. I
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  Speaker 2: always do the National Lamb Day next week. What happens
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  Speaker 2: on National Lamb Day.
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  Speaker 3: Well, hopefully we all eat some lamb and we follow
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  Speaker 3: what the Aussies do on Australia Day. They do a
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  Speaker 3: great job of promoting it and eating it. And we
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  Speaker 3: need to do it, and we're doing. We're doing National
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  Speaker 3: Lamb Day on February fifteenth. The reason that dates chosen
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  Speaker 3: Ryan is because that was the day in eighteen eighty
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  Speaker 3: two when the good Ship Dunedin left porch Armers with
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  Speaker 3: the first frozen lamb shipment. Although to be honest, there
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  Speaker 3: was a lot more mutton on board than the Wild's lamb,
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  Speaker 3: but there was also pegs hare pheasant turkey, twenty two
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  Speaker 3: hundred and twenty six sheep tongues. I'm not sure who
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  Speaker 3: counted all of those, and two hundred and forty six
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  Speaker 3: kegs of butter, so you could say it wasn't only
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  Speaker 3: the birth of our frozen meat industry, it was the
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  Speaker 3: birth of our export dairy industry. Look, it's a great story, right,
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  Speaker 3: And it arrived in London ninety eight days later after
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  Speaker 3: an air circulation problem in the frozen hold had to
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  Speaker 3: be overcome en route. Apparently they lowered the captain down
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  Speaker 3: with the saw and he had to sow a hole
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  Speaker 3: between two of the holds to try and get the
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  Speaker 3: air circulating down there. And when they got to London
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  Speaker 3: after ninety eight days, way back in eighteen eighty two,
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  Speaker 3: of those more than five thousand carcasses, only one was
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  Speaker 3: not fit for sale.
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  Speaker 2: What a great story, brilliant story, Jamie, thanks for sharing
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  Speaker 2: that with us. Jamie McKay from the Country National Lamb
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  Speaker 2: Days next week. Get your lamb chops out. I had
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  Speaker 2: some beautiful lamb chops on the weekend. Actually all that
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  Speaker 2: fat and some people put the fat to the side,
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  Speaker 2: and I'm like, I'll have that. Give me your fat.
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