1 00:00:00,040 --> 00:00:02,240 Speaker 1: We've got a new reportant to the geopolitical forces shape 2 00:00:02,240 --> 00:00:06,000 Speaker 1: in global architecture agriculture rather rabobankers warning us next to 3 00:00:06,000 --> 00:00:09,320 Speaker 1: you could mark a new era where traditional market forces 4 00:00:09,360 --> 00:00:11,959 Speaker 1: no longer fully dictate prices or production. So, Sarah, the 5 00:00:11,960 --> 00:00:13,760 Speaker 1: shot of courses as you it's trying to stand off 6 00:00:13,800 --> 00:00:15,640 Speaker 1: at the moment, and there are among beans or soy 7 00:00:15,640 --> 00:00:17,960 Speaker 1: beans or whatever they're arguing over. Doctor Jekyl and rowath 8 00:00:18,360 --> 00:00:21,720 Speaker 1: Isnate Junct Professor and Egroscience, Lincoln University, Jaquelin, good morning 9 00:00:21,720 --> 00:00:22,239 Speaker 1: to you. 10 00:00:22,640 --> 00:00:25,239 Speaker 2: Good morning, good morning. Now is this. 11 00:00:25,239 --> 00:00:27,440 Speaker 1: Any different from what we deal with at the moment? 12 00:00:27,440 --> 00:00:29,520 Speaker 1: I mean, geopolitics is a major for I mean we 13 00:00:29,560 --> 00:00:32,080 Speaker 1: saw it with beef over the weekend from Donald Trump, didn't. 14 00:00:31,840 --> 00:00:35,000 Speaker 2: We Well, that's all part of it. And I think 15 00:00:35,040 --> 00:00:37,879 Speaker 2: that we've been through a period of actual relative calm 16 00:00:37,960 --> 00:00:41,080 Speaker 2: in terms of geopolitics. But we're going back to the 17 00:00:41,080 --> 00:00:44,880 Speaker 2: olden days sort of pre the nineteen forty five era. 18 00:00:45,200 --> 00:00:49,599 Speaker 2: We've got huge swings about powers, and our major strength 19 00:00:50,000 --> 00:00:52,839 Speaker 2: is that we are trusted. We're still forced on the 20 00:00:52,880 --> 00:00:56,400 Speaker 2: Transparency International Index. People trust us to do what we 21 00:00:56,480 --> 00:00:59,920 Speaker 2: say will do, so they will continue to negotiate with us, 22 00:01:00,040 --> 00:01:02,000 Speaker 2: and of course we produce great product. 23 00:01:01,840 --> 00:01:03,760 Speaker 1: Yes we do, and people want beef, and so we 24 00:01:03,800 --> 00:01:06,240 Speaker 1: sell more beef to the American What about the soybean 25 00:01:06,360 --> 00:01:09,000 Speaker 1: situation in Minnesota. I mean, if you're a soybean farmer 26 00:01:09,000 --> 00:01:10,920 Speaker 1: in Minnesota and Trump's running the place and they're not 27 00:01:10,959 --> 00:01:12,720 Speaker 1: getting it, what do you do? How do you plant? 28 00:01:12,760 --> 00:01:13,399 Speaker 1: How do you plan? 29 00:01:14,240 --> 00:01:16,920 Speaker 2: It's very difficult for them, and that does affect the 30 00:01:16,920 --> 00:01:20,399 Speaker 2: feed prices for the animals that they have in barns 31 00:01:20,600 --> 00:01:23,800 Speaker 2: over in the USA. It also affects a course they're 32 00:01:23,800 --> 00:01:29,040 Speaker 2: trade with China. So we watch those interactions with extreme 33 00:01:29,080 --> 00:01:31,760 Speaker 2: interest while thinking what it might mean for New Zealand 34 00:01:31,800 --> 00:01:35,160 Speaker 2: and dairy products. Will it be more desirable if things 35 00:01:35,200 --> 00:01:37,720 Speaker 2: over there are more expensive or will it be less 36 00:01:37,760 --> 00:01:43,120 Speaker 2: so because Trump will probably start subsidizing things for the farmers. Absolutely, 37 00:01:43,120 --> 00:01:46,679 Speaker 2: they've got problems. This is over in America. But what 38 00:01:46,720 --> 00:01:48,880 Speaker 2: can we say? Trump changes his mind all the time, 39 00:01:48,920 --> 00:01:52,160 Speaker 2: as we saw over the weekend, and that is just 40 00:01:52,440 --> 00:01:52,880 Speaker 2: when they. 41 00:01:52,800 --> 00:01:55,400 Speaker 1: Elected him, well exactly, and you can't plan for that 42 00:01:55,440 --> 00:01:58,120 Speaker 1: sort of thing. And we've seen grain with Ukraine and 43 00:01:58,160 --> 00:01:59,720 Speaker 1: the war, so you never know when a war is 44 00:01:59,840 --> 00:02:02,720 Speaker 1: what we're suggesting, is the more unstable the planet is, 45 00:02:02,960 --> 00:02:04,880 Speaker 1: the more uncertain doing businesses. 46 00:02:05,720 --> 00:02:10,240 Speaker 2: Yes, absolutely, And there are other implications with all this uncertainty, 47 00:02:10,320 --> 00:02:14,080 Speaker 2: things like fertilizers, agrochemicals. Have been some concerned about that 48 00:02:14,160 --> 00:02:16,960 Speaker 2: in New Zealand, and that makes our products more difficult 49 00:02:17,000 --> 00:02:20,120 Speaker 2: to produce. So this whole uncertainty, that's why people are 50 00:02:20,160 --> 00:02:22,880 Speaker 2: saying we should diversify. But we must remember that we're 51 00:02:22,919 --> 00:02:27,400 Speaker 2: the best producers, least impact producers of highest quality animal 52 00:02:27,480 --> 00:02:30,200 Speaker 2: protein and people need animal protein for their health. So 53 00:02:30,240 --> 00:02:32,839 Speaker 2: we're in a good position because of that. And we're small, Mike, 54 00:02:33,240 --> 00:02:34,279 Speaker 2: We're just small. 55 00:02:34,520 --> 00:02:37,080 Speaker 1: And we're agile because of it. Jackevil and always a 56 00:02:37,080 --> 00:02:39,320 Speaker 1: pleasure to heavy on the program. Jaqueline Row with Edgent, 57 00:02:39,400 --> 00:02:42,359 Speaker 1: professor or negroscience at Lincoln University. I think overall will 58 00:02:42,400 --> 00:02:45,640 Speaker 1: be okay and that for more from the Mic Asking Breakfast, 59 00:02:45,800 --> 00:02:49,120 Speaker 1: listen live to news talks. It'd be from six am weekdays, 60 00:02:49,360 --> 00:02:51,400 Speaker 1: or follow the podcast on iHeartRadio.