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Speaker 1: Now, speaking of off the back of the primary sector,

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Speaker 1: how are we going to do off the back of

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Speaker 1: the primary sector if they're in trouble? Are they with

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Speaker 1: the dairy payout and what's happening around the world with

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Speaker 1: Donald Trump? Or is that safe and lockdown? Do you think?

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Speaker 2: Well, I'm only guessing here. You need to ring up

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Speaker 2: Miles Hurrell or one of those guys. But I would

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Speaker 2: imagine this year's dairy payout at ten dollars plus as

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Speaker 2: more or less locked and loaded. Remember, there is I

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Speaker 2: guess a down or an upside to Trump's stupidity, and

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Speaker 2: that might be the exchange rate. But in terms of dairy,

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Speaker 2: for instance, only six percent of our dairy goes into

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Speaker 2: the US. Obviously red meat wine would be of far

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Speaker 2: greater concern. And even at ten percent on nine billion dollars,

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Speaker 2: that's nine hundred million. Yet I know it's it's not

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Speaker 2: to be sniffed at, but it's not going to break us.

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Speaker 2: I think the real issue, and it was good to

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Speaker 2: hear Steve and Joyce on your show a wee bit earlier, Ryan,

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Speaker 2: that the real issue is the collateral damage like to

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Speaker 2: our major trading partners, especially China, our biggest trading partner

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Speaker 2: partner plus the EU, and then you're looking at the

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Speaker 2: damage and goodness knows what it is. No one knows

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Speaker 2: to the world economy, potential recession, higher inflation, interest rates,

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Speaker 2: Goodness knows where they're going to go. Reserve banks around

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Speaker 2: the world might have to start lowering interest rates to

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Speaker 2: stimulate economies. Look, I think we're all just stabbing in

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Speaker 2: the dark at the moment, but you would have to say,

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Speaker 2: I guess New Zealand's as well positioned maybe as any

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Speaker 2: country to get through this. But we're going to watch

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Speaker 2: with interest how Trump v.

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Speaker 1: China goes absolutely and that thing's only heading up. Jamie,

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Speaker 1: thank you for Then I'll let you get back to

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Speaker 1: the pub. Enjoy yourself, Jamie McKay, host of the Country

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Speaker 1: and on hosting duties at the Spates Own House and

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Speaker 1: Team Tonight.

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Speaker 2: For more from Heather Duplessy Allen Drave.

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Speaker 1: Listen live to News Talks it'd be from four pm weekdays,

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Speaker 1: or follow the podcast on iHeartRadio.