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Speaker 1: What did we get out of our first supermarket report

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Speaker 1: from the Grocery Commissioner. Well, he doesn't like the look

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Speaker 1: of the market. He claims the margins are up and

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Speaker 1: the profits are too high. He's talked about tools and

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Speaker 1: how to use them. Anyway, Vegetables New Zealand share John

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Speaker 1: Murphy's backward This John, very good morning to you.

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Speaker 2: Good morning Mike.

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Speaker 1: Do you have a view on the report?

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Speaker 2: Look, it would be great if grower has got more

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Speaker 2: of a slice of the pie, given the commercial risk

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Speaker 2: that we take and that right now we're doing it

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Speaker 2: pretty tough. But I think better market information would help,

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Speaker 2: and including trade spends in the information that comes out.

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Speaker 2: But ultimately we need to work with supermarkets to get

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Speaker 2: more vegetables on kiwis plates right.

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Speaker 1: The view of the market is it broken as it's

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Speaker 1: being suggested it is? Is it any different this year

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Speaker 1: than it was last year when this bloke started his job.

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Speaker 2: Look at early days for the Grocery commission And I

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Speaker 2: don't think you can magic a transparent market out of now,

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Speaker 2: and so as I say, I think it's about better

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Speaker 2: reporting and better information so that the market can function properly.

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Speaker 2: I don't like the idea of market intervention in the

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Speaker 2: wholesale market necessarily, I don't know that that will lead

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Speaker 2: to a more dynamic market that people are talking.

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Speaker 1: About, who would interfere with it and how would they interfere?

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Speaker 1: Do you have any understanding of that, because I don't.

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Speaker 2: Look, it's really hard to see what that would look like.

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Speaker 2: But I think River you have government intervention, you've really

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Speaker 2: could be careful that the real word outcomes are a

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Speaker 2: benefit to consumers and also to produce us.

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Speaker 1: See the difficult point part that you're in as far

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Speaker 1: as I can work out, and you're involved in the

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Speaker 1: inflationary numbers and stuff. If it rains a lot or

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Speaker 1: doesn't rain a lot, you're directly affected by the amount

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Speaker 1: of stuff that you can produce. The amount of stuff

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Speaker 1: that you produce effects directly the price a lot of

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Speaker 1: that's beyond anybody's control, isn't it.

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Speaker 2: Correct? And look, we do everything we can to be

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Speaker 2: more productive every day and to deliver more freshlty vegetables

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Speaker 2: to New Zealanders. That's our job. How the market operates

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Speaker 2: beyond the farm gate is important to us and as

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Speaker 2: a part of our cost structure. But that we're really

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Speaker 2: focused on what we can do ourselves and look at it.

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Speaker 2: It's good to see supermarkets committing to initiatives like five

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Speaker 2: plus a day and need one more vegetable. We went

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Speaker 2: similar to that, but I think that more information is

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Speaker 2: really the key here.

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Speaker 1: All right, good insight, John, appreciate it very much, John Murphy, Vegetables,

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