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Jamie Mackay: The Country host on how NZ beef exporters are handling US tariffs · Best of Business

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  Speaker 1: You're listening to a podcast from News Talk zed B.
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  Speaker 1: Follow this and our wide range of podcasts now on
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  Speaker 1: iHeartRadio right now.
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  Speaker 2: Jamie mckaye, host of the Country with Us Jamie.
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  Speaker 3: Hello, Yeah, good afternoon, Ryan.
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  Speaker 2: Good to have you on. Now. What did you make
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  Speaker 2: of the We spoke about this yesterday, the pine forests
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  Speaker 2: and the Parliamentary Commissioner for the Environment saying actually they're
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  Speaker 2: not that great in the long run.
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  Speaker 3: No, But can I first address the elephant in the room.
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  Speaker 3: What's that Granny's knee?
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  Speaker 2: Oh?
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  Speaker 3: I was driving back from Timaru yesterday. I was at
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  Speaker 3: the South Island air event. It was very entertaining show.
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  Speaker 3: Thank you Grannie for your knee. But on a more
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  Speaker 3: serious note, it was just good to catch up from
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  Speaker 3: my point of view over the wall is shoe or
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  Speaker 3: the wall in government buildings issue, and I know you've
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  Speaker 3: covered it off at length, and also the pine trees,
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  Speaker 3: the ets, what Simon Upton was saying, and I found
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  Speaker 3: that really interesting.
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  Speaker 2: Yeah, well, I can update you on Grannie actually, Jamie.
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  Speaker 2: I gave her a call last night and she's doing well.
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  Speaker 2: And I said, Grannie, I gave you a shout out
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  Speaker 2: on the radio yesterday and she wasn't listening. So there
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  Speaker 2: you go.
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  Speaker 3: I reckon, she'll be the hit or the star of
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  Speaker 3: the rest time.
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  Speaker 2: Ryan.
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  Speaker 3: She's a celebrity.
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  Speaker 2: Now she is, all right? So yeah, the Parlietry Commissioner
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  Speaker 2: for the Environment. And you heard yesterday the interview about
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  Speaker 2: the pine forest. What's your take on it, Jamie.
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  Speaker 3: Well, look, I'm not a fan of carbon farming just
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  Speaker 3: by itself. I'm all for production forestry, and I think
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  Speaker 3: it's good. It's our fourth biggest export industry behind dairy,
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  Speaker 3: red meat and horticulture. But I'm really worried Ryan, and
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  Speaker 3: I know a lot of people don't agree with me,
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  Speaker 3: but I'm really worried that will become the Californian wildfire
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  Speaker 3: capital of the South Pacific in twenty or thirty years
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  Speaker 3: off the back of this poorly managed carbon forests. Because
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  Speaker 3: I don't buy into the argument that all the land,
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  Speaker 3: often good grazing land that's being planted right at the moment.
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  Speaker 3: We might put a stop to it later this year.
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  Speaker 3: Is there for production forestry in the future. I think
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  Speaker 3: there's a bit of spray and walk away here. People
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  Speaker 3: are looking to get the carbon credits and goodness knows
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  Speaker 3: what happens to these forests, especially if they're not managed
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  Speaker 3: properly over the next twenty or thirty years like a
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  Speaker 3: production forest could be. And I'm with Simon Upton on
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  Speaker 3: this one. And interestingly, and I know you talked about
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  Speaker 3: this yesterday, but he's saying modeling indicates a glut of
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  Speaker 3: carbon credits is going to hit the New Zealand market
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  Speaker 3: in the twenty thirties, So what do we do. It's
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  Speaker 3: going to exceed the government's ability to auction them off.
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  Speaker 3: He's saying the simplest way is to phase out forestry
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  Speaker 3: options for pine trees out of the ets in an
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  Speaker 3: orderly way, grandfathering existing credits, i e. Looking after those
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  Speaker 3: who have already invested, but not issuing any more because
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  Speaker 3: I think there'll be a political change in the wind
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  Speaker 3: somewhere down the track and all of a sudden, no
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  Speaker 3: one will want a bar of these carbon credits. It'll
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  Speaker 3: be yesterday's news and we're going to be left with
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  Speaker 3: these carbon forests that are unair no one cares for them.
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  Speaker 3: And as I said, it may be spray and walk away.
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  Speaker 3: And I think it's an ecological and biological disaster in
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  Speaker 3: the making.
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  Speaker 2: Now let's talk about the BF exports, the tariff, the
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  Speaker 2: imposition of the ten percent tariff not really having much
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  Speaker 2: of an effect on the price.
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  Speaker 3: Well, beef producers in this country or BF exporters are
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  Speaker 3: in a good position. And I was listening to the
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  Speaker 3: guy from Ansco and I've just forgotten his name, Yes,
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  Speaker 3: sales and marketing manager Rick Walker. Sorry Rick forgetting your
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  Speaker 3: name wrong. And he's saying some customers supplying the US
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  Speaker 3: market had been testing the waters and inverted commas with
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  Speaker 3: New Zealand exporters, and this included suggesting renegotiated previously agreed prices.
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  Speaker 3: But what he's saying is the New Zealand BF exporters
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  Speaker 3: are in a strong position. They're not going to be
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  Speaker 3: pushed around by these buyers. We're sure to beef are
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  Speaker 3: in New Zealand. It's not like we're saying we need
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  Speaker 3: six weeks of con tracks done because their freezers are full.
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  Speaker 3: It's the complete opposite. The meat companies are in a
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  Speaker 3: bit of a procurement battle. They're chasing that beef, especially
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  Speaker 3: from the farms, and he's saying that the US importers
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  Speaker 3: are just saying, look, well, we'll pay the tariff and interestingly,
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  Speaker 3: I was talking to Andy Ballin, who's the GM of Scales,
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  Speaker 3: one of our biggest horticulture companies. He was in China
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  Speaker 3: when I chatted to him on my show today and
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  Speaker 3: he was talking about exporting juice fruit juice to the US,
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  Speaker 3: and the US buyers were saying, we'll just wear the tariff.
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  Speaker 3: So maybe that happens at ten percent. I'm not sure Ryan,
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  Speaker 3: they'll be saying that at one hundred and twenty five percent.
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  Speaker 2: No, I don't think they will be. Jamie, Thank you
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  Speaker 2: very much, Jeers.
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  Speaker 3: Ryan always good the chat.
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  Speaker 2: Jamie mckaye hosted the Country For more.
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