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Speaker 1: Back to those good news around the land. Latest word

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Speaker 1: from Rabobank is the farmer confidence as you've heard as booming.

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Speaker 1: Confidence in the egg economy is at the highest level

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Speaker 1: since twenty seventeen, second highest in a decade, up for

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Speaker 1: the fourth quarter in a row. Fifty one percent expect

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Speaker 1: conditions to keep on improving. Basically, a doctor Jacqueline Roweth

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Speaker 1: is the director of Dairy in New Zealand and is back.

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Speaker 1: Where's Jacqueline? Good morning to you.

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Speaker 2: Good morning, and I'm speaking today as a professor at

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Speaker 2: Lincoln University and I'm happy to talk about dry stock

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Speaker 2: as well. So thank you for corning. Isn't it good news?

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Speaker 2: I'm very pleased.

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Speaker 1: When you go down to the pub or the corner,

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Speaker 1: do people, you know, because you know what farmers are like,

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Speaker 1: they go, oh yeah, it's pretty good. At the moment,

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Speaker 1: it's all right, you know, they undersell it. Are people

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Speaker 1: fizzing in rural New Zealand.

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Speaker 2: They're feeling positive, but cautiously so because trade might change

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Speaker 2: at any time, as we know from what's happening around

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Speaker 2: the world. But fundamentally we are the best producers in

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Speaker 2: terms of essential amino acids, the nutrition that people needs

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Speaker 2: for least in vironmental impact, and the rest of the

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Speaker 2: world knows that, so our meat and our milk is wanted,

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Speaker 2: and that's why the prices are looking good. It's excellent

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Speaker 2: news because when you're looking good, you're being more creative,

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Speaker 2: you're able to make progress. You're feeling that for your

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Speaker 2: family and for the land, you're doing an ever better job.

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Speaker 1: Very well said. A lot of people ticks me and

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Speaker 1: go this whole idea that the money's going to flow

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Speaker 1: to the rest of the country isn't necessarily true. It's

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Speaker 1: all going on dit servicing. Do we know that that's

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Speaker 1: true or will it go both ways? A little bit

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Speaker 1: of dit, a little bit of.

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Speaker 2: Spending, certainly in a bit of debt, but certainly spending,

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Speaker 2: because spending hasn't happened on dry stock for or several years,

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Speaker 2: and for dairy for about three and repairs and maintenance

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Speaker 2: build up. And of course you want to bring in

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Speaker 2: the new environmentally friendly technologies and we're already very good

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Speaker 2: at that, but putting those in cost money. So then

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Speaker 2: you talk to the consultants, then you get the machinery

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Speaker 2: people in and the infrastructure people in. Yes, it flows

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Speaker 2: and really experienced Phil Jena. He's an agg economist. He

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Speaker 2: reckons that an increase of one million dollars in dairy

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Speaker 2: exports coming into the country means seven point two million

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Speaker 2: increase in value add within the economy and eight point

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Speaker 2: seven full time equivalents. It's employment as well.

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Speaker 1: It's excellent news, fantastic. We had the story yesterday, what

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Speaker 1: is in the peaches in Hawk's Bay? Is there any

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Speaker 1: Is there anybody who's not on this rising tide? If

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Speaker 1: you grow something in this country, are you, broadly speaking,

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Speaker 1: doing well.

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Speaker 2: It's horticulture is not doing as well. No, and it's

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Speaker 2: difficult to compete with other countries. And that's the peaches thing.

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Speaker 2: We have very strict regulations and we like the regulations,

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Speaker 2: but we also need the new chemicals that are allowed

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Speaker 2: in some other countries and are still going through the

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Speaker 2: process here, the regulatory process, which is a bit stagnant.

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Speaker 2: They're doing their best, but it's not fast enough. The

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Speaker 2: rules need changing and when you can get things cheaper,

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Speaker 2: and that's what the peach it's people were saying last night.

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Speaker 2: They can't compete for lettuces and broccoli and those sorts

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Speaker 2: of things. We don't bring them in from overseas, and

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Speaker 2: you can see that the cost of production are higher

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Speaker 2: than the income that they grow as are making.

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Speaker 1: That's not good the forward picture. When we talk about tariffs,

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Speaker 1: do you know or do we know yet how many

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Speaker 1: of us are trying to circumvene America in other words,

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Speaker 1: we send to other markets that aren't as heavily tariffed.

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Speaker 1: Is that a thing yet or not?

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Speaker 2: Oh? Yes, we're always investigating Tom McLay as a leader

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Speaker 2: of various delegations, if we're looking at the best positions

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Speaker 2: for our wonderful product. But the thing is that some

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Speaker 2: of our premium markets, and that includes America, they're still

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Speaker 2: able to pay more than some of the developing countries.

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Speaker 2: So always the scanning is going on and the professionals

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Speaker 2: are looking at how to position our products.

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Speaker 1: Best, and the quality is the key. Isn't it nice

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Speaker 1: to talk to you again, Jackeline Jaqueline Rowath. The pictures

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Speaker 1: thing was interesting. They were saying the numbers was like,

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Speaker 1: I can't remember, it was like ninety eight cents for

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Speaker 1: a ten of peachers. You bring it in, you know,

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Speaker 1: the end product, you bring it in from overseas, and

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Speaker 1: it's about a dollar sixty five dollars sixty eight if

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Speaker 1: it's grown locally here, And once again the call went out,

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Speaker 1: why don't you support local, support, the local gra the

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Speaker 1: local economy, And I think that's surely it has I mean,

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Speaker 1: I'd love to think that's true, But that ship sailed,

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Speaker 1: hasn't it. If you can do something for ninety eight

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Speaker 1: cents versus a dollar sixty five, which way you're going?

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