1 00:00:00,120 --> 00:00:03,440 Speaker 1: It's the nuts, Hayden, your metro, Heather, it's the nuts. 2 00:00:03,440 --> 00:00:05,600 Speaker 1: The bolt would be cast into the concrete. You're right, 3 00:00:05,680 --> 00:00:07,760 Speaker 1: Hither it's a high probability that they use cast in 4 00:00:07,840 --> 00:00:10,560 Speaker 1: bolts and only the nuts were removed. So there we go. 5 00:00:10,840 --> 00:00:13,200 Speaker 1: How about me, lady splain and that engineer into year 6 00:00:13,200 --> 00:00:15,520 Speaker 1: six twenty five and with me right now is Jamie McKay, 7 00:00:15,920 --> 00:00:16,680 Speaker 1: Host of the Country. 8 00:00:16,680 --> 00:00:21,040 Speaker 2: Hello Jamie, goodday Heather, and congratulations on little Heather on 9 00:00:21,079 --> 00:00:24,079 Speaker 2: the way. Wonderful. You've got the complete seat. It's like 10 00:00:24,120 --> 00:00:26,680 Speaker 2: getting those rewards from the grocery store. You've got a 11 00:00:26,720 --> 00:00:27,120 Speaker 2: bang on. 12 00:00:27,440 --> 00:00:31,560 Speaker 1: I'm taking so totally totally stuck for names, so I'm 13 00:00:31,600 --> 00:00:34,520 Speaker 1: taking advice on family names. My mum on my side 14 00:00:34,560 --> 00:00:39,120 Speaker 1: of the family has come up with Estelle apparently or Elizabeth, 15 00:00:39,760 --> 00:00:43,040 Speaker 1: and your side of the family has. 16 00:00:44,760 --> 00:00:46,240 Speaker 2: Is it's a question for me or Barry. 17 00:00:46,400 --> 00:00:52,800 Speaker 1: Well, you've got the same family. Ah, don't remember any 18 00:00:52,800 --> 00:00:56,279 Speaker 1: woman in the family right now. 19 00:00:57,240 --> 00:00:59,800 Speaker 2: I'll just get a look. I think I'm giving people 20 00:00:59,800 --> 00:01:04,440 Speaker 2: of ice on baby names as like it's just it's 21 00:01:04,680 --> 00:01:11,320 Speaker 2: it's something you just can't want, isn't it. Well that's 22 00:01:11,360 --> 00:01:17,240 Speaker 2: a bit well, I guess it's please head of the blows. 23 00:01:17,400 --> 00:01:20,720 Speaker 2: You're raining the blows down upon me From a poor 24 00:01:20,800 --> 00:01:23,840 Speaker 2: southern semi farmer, I'm not really a farmer. I'm I'm 25 00:01:23,880 --> 00:01:26,440 Speaker 2: a I'm a I'm a George Street farmer. But I've 26 00:01:26,480 --> 00:01:29,119 Speaker 2: got a dairy farm meeting by zoom later on tonight. 27 00:01:29,520 --> 00:01:32,040 Speaker 2: I'm going to have to ponder how we can survive 28 00:01:32,160 --> 00:01:35,080 Speaker 2: the mud and the mare and the swamp and the 29 00:01:35,120 --> 00:01:37,959 Speaker 2: paddy paddy rice fields that is Southland at the moment. 30 00:01:38,959 --> 00:01:41,080 Speaker 1: From trying to change the subject, don't you, I just 31 00:01:41,120 --> 00:01:43,840 Speaker 1: want to say, yeah, can I just apologize quickly for 32 00:01:43,840 --> 00:01:45,600 Speaker 1: all of those sound defects. It's not me, it's producer 33 00:01:45,640 --> 00:01:48,440 Speaker 1: and he's found the button and loves it. Carry on, Jamie. 34 00:01:49,360 --> 00:01:51,920 Speaker 2: Well, apart from the weather down south, it's been a 35 00:01:51,920 --> 00:01:53,840 Speaker 2: good week for farmers here that I know. You just 36 00:01:53,880 --> 00:01:56,960 Speaker 2: talked to Todd McClay about the f t A with 37 00:01:57,120 --> 00:02:01,000 Speaker 2: the u A that that's a good deal. It's a 38 00:02:01,000 --> 00:02:03,160 Speaker 2: good I mean it's a bit of a one sided 39 00:02:03,200 --> 00:02:05,320 Speaker 2: trade deal. I think we do one point three billion 40 00:02:05,320 --> 00:02:07,639 Speaker 2: with them. They do something like one hundred and fifty 41 00:02:07,680 --> 00:02:10,400 Speaker 2: million or something, or yeah, one hundred and fifty million 42 00:02:10,400 --> 00:02:12,280 Speaker 2: with US. It's a good look. That's a really good 43 00:02:12,280 --> 00:02:14,000 Speaker 2: deal for us. I think the big story is and 44 00:02:14,080 --> 00:02:17,120 Speaker 2: I know you covered this one yesterday as well as 45 00:02:17,160 --> 00:02:21,680 Speaker 2: the Fonterra announcement, and I will temper that or qualify 46 00:02:21,720 --> 00:02:23,799 Speaker 2: it by saying I got my air chewed today by 47 00:02:23,840 --> 00:02:26,919 Speaker 2: a grumpy west Otago dairy farmer. I think in her 48 00:02:27,000 --> 00:02:28,920 Speaker 2: case it was just because it had been raining for 49 00:02:28,960 --> 00:02:31,600 Speaker 2: a month solid. But she said to me, stop talking 50 00:02:31,720 --> 00:02:35,880 Speaker 2: up the dairy price at nine dollars. Everyone's going to 51 00:02:35,880 --> 00:02:38,520 Speaker 2: be trying ripping off farmers and selling them stuff they 52 00:02:38,520 --> 00:02:40,600 Speaker 2: can't afford. And I said, look, that is a good 53 00:02:40,680 --> 00:02:43,000 Speaker 2: news story. But I did some sums just for you, Heather, 54 00:02:43,800 --> 00:02:45,880 Speaker 2: if you'd bought it, If you were a Fonterra farmer, 55 00:02:45,919 --> 00:02:49,200 Speaker 2: and you'd bought a Fonterra share, because to supply Fonterira, 56 00:02:49,400 --> 00:02:53,120 Speaker 2: to supply Fonterra, you need to have shares to equal 57 00:02:53,160 --> 00:02:55,680 Speaker 2: your production. You could have bought a share in early 58 00:02:55,720 --> 00:02:58,919 Speaker 2: February for two dollars and twelve cents with your final 59 00:02:58,960 --> 00:03:01,600 Speaker 2: divid announced Yes, at fifty five cents. That is a 60 00:03:01,720 --> 00:03:04,640 Speaker 2: yield on your share of twenty six percent. Try and 61 00:03:04,680 --> 00:03:07,519 Speaker 2: get that anywhere else in business even now. The shares 62 00:03:07,560 --> 00:03:10,320 Speaker 2: have jumped from jump thirty cents in the course of 63 00:03:10,320 --> 00:03:12,840 Speaker 2: this week since Myles Hurrald, a six million dollar man, 64 00:03:13,040 --> 00:03:16,639 Speaker 2: made the announcement on yesterday, They've gone from three fifty 65 00:03:16,639 --> 00:03:19,080 Speaker 2: to three eighty. It's still a fifteen percent yield, not 66 00:03:19,160 --> 00:03:21,440 Speaker 2: to be sniffed at at all. And one more to 67 00:03:21,520 --> 00:03:25,480 Speaker 2: ponder here. Today I had Mark Delator, chief executive of 68 00:03:25,600 --> 00:03:29,400 Speaker 2: Open Country Dairy, the second biggest player in the dairy 69 00:03:29,440 --> 00:03:32,160 Speaker 2: game behind Fonterra, and he was saying, if the government 70 00:03:32,200 --> 00:03:35,240 Speaker 2: doesn't have any hope at all of doubling export income 71 00:03:35,280 --> 00:03:37,280 Speaker 2: in the next decade, they're going to have to ramp 72 00:03:37,360 --> 00:03:40,560 Speaker 2: up dairy production. How do you do it? He's suggesting 73 00:03:41,320 --> 00:03:45,000 Speaker 2: dairy conversions back on the table. Can you believe that? 74 00:03:45,200 --> 00:03:47,520 Speaker 1: Can you believe it? Jamie wa a blast from the past. Hey, 75 00:03:47,520 --> 00:03:50,600 Speaker 1: thank you appreciate it. Jamie McKay host to the Country. 76 00:03:51,880 --> 00:03:55,040 Speaker 2: For more from Heather Duplassy Allen Drave, Listen live to 77 00:03:55,120 --> 00:03:58,160 Speaker 2: News Talks sai'd B from four pm weekdays, or follow 78 00:03:58,200 --> 00:03:59,920 Speaker 2: the podcast on iHeartRadio.