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Speaker 1: The Rural Report on hither du for see Allen.

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Speaker 2: Dree, Jamie MacKaye, hosts of the Countries with us Allo

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Speaker 2: Jamie got I hear that right. How's it looking for

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Speaker 2: sheep and beef?

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Speaker 3: Pretty good? Actually, Beef and lamb New Zealand have come

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Speaker 3: out with their new season outlook, and even despite Trump's tariffs,

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Speaker 3: robust international demand from the likes of the US, they're

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Speaker 3: still eating as many burghers as we can poke their way.

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Speaker 3: Europe and the UK, especially with those FTAs, are going

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Speaker 3: really well for US, and even despite falling stock numbers

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Speaker 3: and lower export volumes, red meat exports are expected to

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Speaker 3: rise by one point four billion dollars to ten point

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Speaker 3: five billion all up for the twenty four twenty five season.

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Speaker 3: We're also being helped by lower forecast sheep exports out

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Speaker 3: of Australia, one of our main competitors. When it comes

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Speaker 3: to profitability, these are interesting numbers. Twenty three to twenty

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Speaker 3: four the season before the one we've just been in

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Speaker 3: was one of the toughest since the GFC. Listen to this.

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Speaker 3: Your average sheep farmer made a profit before tax, and

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Speaker 3: they wouldn't have been paying much tax on this profit.

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Speaker 3: Of nineteen thousand dollars. Forty percent. The sheep and beef

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Speaker 3: farms were running at a loss. Well, that's turned around

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Speaker 3: dramatically in twenty four to twenty five the season, we're

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Speaker 3: just about to finish average profitability one hundred and thirty

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Speaker 3: eight thousand, six hundred. Next season it's forecast to go

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Speaker 3: to one hundred and sixty six thousand, five hundred. Minds you,

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Speaker 3: you've got several million dollars in many cases invested in

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Speaker 3: these properties, so you would need a return of that

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Speaker 3: or better. Perhaps the interesting point Kate Acklin made when

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Speaker 3: she was chatting to me today on my show, All

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Speaker 3: season average lamb prices forecast to be one hundred and

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Speaker 3: eighty dollars, beef two thousand dollars. Heather, that's why your

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Speaker 3: steaks are so expensive.

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Speaker 2: And now talk to me about the food wastage because

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Speaker 2: the steaks are so expensive, so we waste less of them.

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Speaker 3: Well, I wouldn't waste any of my steak, I fand

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Speaker 3: as well. Good? Yeah, absolutely, ye should wow. Absolutely. Look Rabobank,

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Speaker 3: they've moved the survey to every two years now with

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Speaker 3: the food charity Key we Harvest, and they're saying I mean,

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Speaker 3: the food waste numbers are still pretty bad when you

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Speaker 3: think about it. We're only wasting ten point nine percent

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Speaker 3: of our food now, that's a drop from twelve point

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Speaker 3: two percent and twenty twenty three. That equates to three

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Speaker 3: billion dollars per annum we're wasting and food. Interestingly, the

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Speaker 3: latest survey found that the average household food spend and

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Speaker 3: this shows you just how tired it is for some

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Speaker 3: families was only two dollars more than it was in

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Speaker 3: twenty twenty three, and we've had quite huge food inflation

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Speaker 3: since then, so effectively households are having to cut back

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Speaker 3: on the amount of food they buy. What really interested me, Heather,

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Speaker 3: is when you look at the age demographics gen Z.

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Speaker 3: That's the nineteen ninety seven onwards residents. They waste seventeen

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Speaker 3: point eight percent of their food, but back in twenty

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Speaker 3: twenty two they waste did twenty eight point two percent

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Speaker 3: of their food. It gets better as you go through

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Speaker 3: the generations. The baby boomers, of course, Heather, the lucky

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Speaker 3: generation leading the charge. They're only wasting six point eight

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Speaker 3: percent of their food. And then when you'd split it

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Speaker 3: between males and females, not surprisingly males waste more than

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Speaker 3: females and not surprisingly, urban dwellers. And I'll get told

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Speaker 3: off by city friends for this one. Urban dwellers waste

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Speaker 3: more than their frugal rural counterparts. Urban dwellers twelve point

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Speaker 3: four percent of their food. That's you, heather, people from

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Speaker 3: a farm like me seven point eight percent.

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Speaker 2: Tell me again, what was the gen Z is currently wasting?

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Speaker 3: How much they're currently wasting seventeen point eight percent before

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Speaker 3: and why beforehand they were wasting and twenty twenty two,

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Speaker 3: three years ago, twenty eight point two percent.

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Speaker 2: That's a third of their food, Jamie.

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Speaker 3: I know, Well, they're at the disposable generation gen why

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Speaker 3: Gen Why that's the millennials. Yeah, eighteen eighty one and

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Speaker 3: nineteen eighty one, ninety ninety six, fourteen point one Gen X.

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Speaker 3: They're getting more sensible ten point four. But once again,

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Speaker 3: you know the baby boom was what a great number?

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Speaker 3: Six point eight.

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Speaker 1: Yeah, that's right.

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Speaker 2: Eat it all up, Thank you very much, Jamie, appreciate it.

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Speaker 2: Jamie McKay, host of the Country Gens twenty seven, like,

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Speaker 2: think about that. That's a food of their food, right,

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Speaker 2: So they go and they spend one hundred bucks of

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Speaker 2: the grub who spends one hundred bucks at the supermarket.

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Speaker 2: Let's there's one hundred fifty bucks at the supermarket. Fifty

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Speaker 2: bucks of that is going in the bin because they

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Speaker 2: can't be bothered finding something to do with the black

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Speaker 2: carrots at the bottom of the fridge. You know what

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Speaker 2: I did with the black carrots to the bottom of

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Speaker 2: the fridge. Well, they were just a little bit black. Again,

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Speaker 2: they weren't that black. I mean like it wasn't like

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Speaker 2: dangerously black. I just grated them into a good bot

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Speaker 2: and aise is what you do with it.

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Speaker 3: You know.

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Speaker 1: The little black bit just kind of cools off. You know,

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Speaker 1: I bet they find that they go the carrots a

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Speaker 1: bit web lay. We're not going to ate that. You

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Speaker 1: know what I ate the other day yesterday for lunch ate.

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Speaker 1: Something was cocked on Tuesday.

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Speaker 2: That's right. It was in the fridge for a week.

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Speaker 2: That's right. Guts of steel people.

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Speaker 1: That's what happens when you eat all the food and

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Speaker 1: you don't worry about it. Never makes your sick.

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