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Speaker 1: With me.

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Speaker 2: Now is Jamie mckaye, host of the Country, A Jamie

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Speaker 2: good Heather.

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Speaker 1: Interesting to hear you're talking to Miles Hurrell at the

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Speaker 1: top of the hour. Look, significant investment last week at Studham.

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Speaker 1: This week it's Edendale and Southland. Good news week or a

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Speaker 1: couple of weeks for the dairy industry. They've got a

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Speaker 1: GDT auction tonight, my Guy Jardin Mike mcintiree picking another

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Speaker 1: two to three percent rise. The milk futures are sitting

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Speaker 1: at eight eighty nine. That's getting up there. They and

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Speaker 1: Zed are leading the charge. Heather. They've raised their forecast

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Speaker 1: milk price to nine dollars a kilogram last week. Interestingly,

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Speaker 1: Rabobank went to sixty Fonterra still at eight fifty, but

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Speaker 1: you'd have to think on the present market sentiment that

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Speaker 1: maybe nine dollars is on the cards and that's a

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Speaker 1: good number.

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Speaker 2: How good? What a turnaround from where it was not

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Speaker 2: long ago and everybody was so upset and desperate.

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Speaker 1: Aim, Well, you go back to August twenty twenty three,

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Speaker 1: so that's twelve months ago we had that terrible GDT auction.

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Speaker 1: Six dollars fifty was the number being bandied about and

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Speaker 1: that would have resulted in the loss for nearly every

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Speaker 1: dairy farmer in the country. Look, I mean, I can't

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Speaker 1: sugar coat the increase in production over the past few years.

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Speaker 1: It's been absolutely horrendous. But you know, I look at

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Speaker 1: dairy and I compare it the poor old sheep farmers

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Speaker 1: at the moment, and there's some green sheets they are

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Speaker 1: coming for them as well, which is good. But I

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Speaker 1: think theirry is in quite a good space at the moment.

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Speaker 2: Yeah, sounds like now, Jamie. I was skouting before about

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Speaker 2: how warm it's been in Auckland in the last few days,

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Speaker 2: and then I started getting all these texts about its

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Speaker 2: raining everywhere. Has been raining in Canterbury.

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Speaker 1: No, and that's what they need. They desperately need some rain.

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Speaker 1: In Canterbury they had a couple of cold shifts coming through.

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Speaker 1: But look, North Canterbury is absolutely dire, the Hiiranui district

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Speaker 1: in particular. I saw a rainfall quotation from one farmer

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Speaker 1: in Scagore, which is in North Canterbury. Between December of

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Speaker 1: last year in August of this year, I've only had

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Speaker 1: two hundred and twenty millimeters of millimeters of rain now

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Speaker 1: to classify as a desert on an annual basis, you

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Speaker 1: need less than three hundred, so extrapolate that out. North

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Speaker 1: Canterbury is technically almost a desert. It was declared a

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Speaker 1: medium scale adverse event drought by Todd McLay, Minister of

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Speaker 1: Agriculture in March. But look, typically in Canterbury, you know

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Speaker 1: they'll have dry summers, they farm to those, the autumn

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Speaker 1: rains come, they get a bit of growth through the

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Speaker 1: winter and they're away. But they just haven't had the

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Speaker 1: autumn rains. They haven't even had the winter rains. They're

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Speaker 1: getting a wee bit of growth now off the warmth.

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Speaker 1: But as soon as those Northwesters start going as they

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Speaker 1: are at the moment, witness the fire that's happening at

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Speaker 1: the moment, and that place will burn to a frazzle.

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Speaker 1: They desperately need some good news from mother Nature in

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Speaker 1: the next two or three weeks. I'd suggest by the

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Speaker 1: end of September, or it could be game over.

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Speaker 2: He is hoping, Jamie, thank you so much, appreciate it.

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Speaker 2: Jamie mackay hosts The Country of Talking in a couple

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Speaker 2: of days.

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Speaker 1: For more from Hither Duplessy Allen Drive, listen live to

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Speaker 1: News Talk set B from four pm weekdays, or follow

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