1 00:00:00,080 --> 00:00:02,800 Speaker 1: With me right now? Is Jamie McKay, host of the Country. Hey, Jamie, 2 00:00:03,279 --> 00:00:05,720 Speaker 1: good I eva, what are we picking for the GDT 3 00:00:05,920 --> 00:00:06,320 Speaker 1: this evening. 4 00:00:07,080 --> 00:00:09,520 Speaker 2: Well, I've gone to my go to guy, Mike McIntyre. 5 00:00:09,720 --> 00:00:12,560 Speaker 2: Jard another two to three percent. This is a really 6 00:00:12,560 --> 00:00:15,120 Speaker 2: good result to hew with Trump's tariffs, it doesn't seem 7 00:00:15,160 --> 00:00:18,960 Speaker 2: to be stopping the rampant dairy market. Admittedly, we're very 8 00:00:19,200 --> 00:00:22,079 Speaker 2: near the end of our season. This is the penultimate 9 00:00:22,120 --> 00:00:26,079 Speaker 2: GDT auction. The season will end, of course on May 10 00:00:26,200 --> 00:00:29,120 Speaker 2: thirty one. So he's picking two to three percent. That 11 00:00:29,280 --> 00:00:32,240 Speaker 2: follows two rises in April after we drop or a 12 00:00:32,280 --> 00:00:35,639 Speaker 2: bit of a slump, slight slump in March. The interesting 13 00:00:35,680 --> 00:00:38,600 Speaker 2: thing is if the spot rate was set on today's price, 14 00:00:38,720 --> 00:00:41,840 Speaker 2: is we'd they getting eleven dollars per kilogram of milk 15 00:00:41,880 --> 00:00:45,040 Speaker 2: solids And that's with a apparently with a dollar which 16 00:00:45,080 --> 00:00:48,080 Speaker 2: is just nudging sixty US cents. So that's great. Of course, 17 00:00:48,080 --> 00:00:49,760 Speaker 2: it won't be that because it evens out over the 18 00:00:49,800 --> 00:00:52,400 Speaker 2: whole season. But happy days, as I say, for the 19 00:00:52,479 --> 00:00:53,239 Speaker 2: dairy industry. 20 00:00:53,520 --> 00:00:56,440 Speaker 1: Hey, that twenty one percent drop in the number of 21 00:00:56,480 --> 00:00:58,400 Speaker 1: sheep over the last ten years, is that worry you? 22 00:00:59,520 --> 00:01:02,240 Speaker 2: Yeah? Because you need critical mass in the industry, and 23 00:01:02,320 --> 00:01:04,959 Speaker 2: the sheep meat industry walls. Look, and I get a 24 00:01:04,959 --> 00:01:08,160 Speaker 2: bit of stick on my show for being pessimistic about wall, 25 00:01:08,200 --> 00:01:11,080 Speaker 2: but I am really worried about the prospects for strong 26 00:01:11,120 --> 00:01:15,039 Speaker 2: cross bred wall. But the prospects for lamb especially are 27 00:01:15,080 --> 00:01:17,600 Speaker 2: really good. It's a niche product, it's a really good product. 28 00:01:17,600 --> 00:01:20,039 Speaker 2: There's a shortage of it. But the trouble is, you know, 29 00:01:20,120 --> 00:01:22,920 Speaker 2: in the nineteen eighties heither we had seventy million sheep. 30 00:01:23,000 --> 00:01:26,200 Speaker 2: We're down to twenty three million sheep. Now we're just 31 00:01:26,280 --> 00:01:29,800 Speaker 2: producing less and less, even though the production be head's 32 00:01:29,800 --> 00:01:34,360 Speaker 2: gone up significantly significantly in those forty odd years. So look, 33 00:01:34,400 --> 00:01:37,400 Speaker 2: the worry is that we haven't got enough critical mass 34 00:01:37,400 --> 00:01:42,560 Speaker 2: to keep our processing plants open or certainly open and efficient. So, 35 00:01:42,760 --> 00:01:46,800 Speaker 2: you know, down down to twenty three point six million sheep. 36 00:01:47,080 --> 00:01:49,280 Speaker 2: I know these numbers have been bandied about, but they're 37 00:01:49,280 --> 00:01:52,280 Speaker 2: worth repeating. Dairy cattle so much for the dairy boom. 38 00:01:52,320 --> 00:01:55,559 Speaker 2: We're down thirteen percent since the dairy boom, nearly a million, 39 00:01:55,800 --> 00:01:58,160 Speaker 2: down to five point eight million. It'll be interesting to 40 00:01:58,160 --> 00:02:01,320 Speaker 2: see whether that stays there. The government gets back into 41 00:02:01,520 --> 00:02:05,400 Speaker 2: or allows dairy conversions. The interesting one is beef cattle 42 00:02:05,400 --> 00:02:08,440 Speaker 2: have done the best, very good returns for beef at 43 00:02:08,440 --> 00:02:10,920 Speaker 2: the moment. Those numbers are pretty similar to what they 44 00:02:10,919 --> 00:02:13,400 Speaker 2: were a decade ago. And if you're a deer farmer, 45 00:02:13,680 --> 00:02:16,120 Speaker 2: chances are, Heather, you've only got three quarters of the 46 00:02:16,120 --> 00:02:18,720 Speaker 2: stock you used to have because they're down twenty six percent. 47 00:02:19,000 --> 00:02:21,000 Speaker 1: Hey, thanks very much, Jamie, go well at the moment. Mate, 48 00:02:21,040 --> 00:02:23,320 Speaker 1: that's Jamie McKay, host of the Country. 49 00:02:23,680 --> 00:02:26,840 Speaker 2: For more from Heather Duplessy Allen Drive, listen live to 50 00:02:26,960 --> 00:02:30,000 Speaker 2: news talks they'd be from four pm weekdays, or follow 51 00:02:30,040 --> 00:02:31,800 Speaker 2: the podcast on iHeartRadio.