1 00:00:00,120 --> 00:00:02,520 Speaker 1: Jamie McKay, Host of the Countries with me. 2 00:00:02,560 --> 00:00:05,320 Speaker 2: Hello, Jamie, are you sure you want to sell that 3 00:00:05,400 --> 00:00:08,480 Speaker 2: breast pump? Heather? You never know? You might want number three? Mate? 4 00:00:08,480 --> 00:00:10,800 Speaker 1: Do you know what funny you should bring that up? 5 00:00:10,960 --> 00:00:12,520 Speaker 1: I was going to sell the breast pump and then 6 00:00:12,520 --> 00:00:15,000 Speaker 1: I thought hanging a teck because apparently you get hormones. 7 00:00:15,040 --> 00:00:16,640 Speaker 1: I don't know if you know this, but like about 8 00:00:16,680 --> 00:00:19,400 Speaker 1: twelve months after the baby's born till about nineteen months 9 00:00:19,720 --> 00:00:21,520 Speaker 1: you get hormones, so you got to hold onto the 10 00:00:21,560 --> 00:00:23,720 Speaker 1: breast pump that whole time just in case. Thanks for 11 00:00:23,760 --> 00:00:24,239 Speaker 1: the advice. 12 00:00:24,880 --> 00:00:27,320 Speaker 3: All right, Well that's probably over sharing, but I shouldn't 13 00:00:27,320 --> 00:00:28,400 Speaker 3: have introduced the topic and. 14 00:00:28,440 --> 00:00:29,880 Speaker 1: You started it here. What's the noise? 15 00:00:29,920 --> 00:00:30,520 Speaker 2: For background? 16 00:00:30,880 --> 00:00:31,320 Speaker 1: Is this you on? 17 00:00:31,360 --> 00:00:31,600 Speaker 2: The way? 18 00:00:31,640 --> 00:00:32,120 Speaker 3: To share? Is? 19 00:00:33,040 --> 00:00:33,240 Speaker 2: Yeah? 20 00:00:33,240 --> 00:00:35,920 Speaker 3: I'm at Wellington Airport and I found a really nice 21 00:00:36,040 --> 00:00:39,080 Speaker 3: quiet spot in the airport and then two blokes have 22 00:00:39,159 --> 00:00:41,479 Speaker 3: come along and they're erecting a screen, but I can't 23 00:00:41,520 --> 00:00:42,040 Speaker 3: move now. 24 00:00:42,240 --> 00:00:44,959 Speaker 2: I'm committed to this spot. I'm just waiting, Heather, for. 25 00:00:44,960 --> 00:00:48,080 Speaker 3: My golf clubs to come out through oversize and then 26 00:00:48,120 --> 00:00:51,040 Speaker 3: I'm heading over the rim Atarkers tonight to be in 27 00:00:51,320 --> 00:00:55,760 Speaker 3: Masterton tomorrow obviously, and Saturday for the Golden Shares and 28 00:00:55,880 --> 00:00:58,160 Speaker 3: World Sharing Champs and Wall Handling Champs. 29 00:00:58,200 --> 00:00:59,640 Speaker 2: Really looking forward to it. 30 00:01:00,040 --> 00:01:02,120 Speaker 1: You're going to be doing twenty four seven hard work. 31 00:01:02,200 --> 00:01:05,600 Speaker 1: Judging by the golf clubs arriving now. Seems to me 32 00:01:05,680 --> 00:01:08,000 Speaker 1: the farmers, more farmers than ever, are making a profit. 33 00:01:08,080 --> 00:01:11,040 Speaker 2: Is that right? Well, I don't know if it's more 34 00:01:11,080 --> 00:01:13,600 Speaker 2: than ever, it's certainly pretty positive. So this is the 35 00:01:13,680 --> 00:01:17,600 Speaker 2: latest Federated Farmer's Confidence Survey and strong returns. It goes 36 00:01:17,640 --> 00:01:21,199 Speaker 2: without saying record returns for many sectors and obviously lower 37 00:01:21,280 --> 00:01:24,600 Speaker 2: debt service and costs, lower interstrates. I mean farmers are 38 00:01:24,720 --> 00:01:28,040 Speaker 2: making a profit. As I said, the Federated Farmer's Confidence 39 00:01:28,040 --> 00:01:32,880 Speaker 2: Servo six hundred and fifty farmers, seventy percent said their 40 00:01:32,920 --> 00:01:36,400 Speaker 2: farm was currently profitable. And when I heard this today, 41 00:01:36,640 --> 00:01:38,839 Speaker 2: I thought, gee, that number seems a bit low, because 42 00:01:38,840 --> 00:01:41,360 Speaker 2: if you can't make a buck now and farming, you'll 43 00:01:41,400 --> 00:01:44,399 Speaker 2: never make one. But I think part of the reason 44 00:01:44,520 --> 00:01:48,440 Speaker 2: is the downturn, especially in the arable industry and also 45 00:01:48,800 --> 00:01:50,960 Speaker 2: like for the grape growers, and that so not every 46 00:01:51,040 --> 00:01:54,320 Speaker 2: sector is profitable. But the good news is either this 47 00:01:54,440 --> 00:01:59,000 Speaker 2: is the highest level of confidence or profitability since they 48 00:01:59,160 --> 00:02:03,280 Speaker 2: Federated Farmers started their twice yearly Farmer Confidence Survey way 49 00:02:03,280 --> 00:02:07,639 Speaker 2: back in two thousand and nine. The farmers are feeling 50 00:02:07,680 --> 00:02:11,239 Speaker 2: most confident about the current economic conditions. They haven't felt 51 00:02:11,240 --> 00:02:15,840 Speaker 2: this confidence since twenty seventeen. And obviously, as I said, 52 00:02:15,960 --> 00:02:20,720 Speaker 2: commodity prices the key driver, followed by low interest rates. 53 00:02:20,720 --> 00:02:23,399 Speaker 2: It's interesting when you do break it down, eighty one 54 00:02:23,440 --> 00:02:26,840 Speaker 2: percent of dairy farms are profitable. That in itself's a 55 00:02:26,840 --> 00:02:29,520 Speaker 2: bit of a surprise. Bearing in mind we've come out 56 00:02:29,520 --> 00:02:32,280 Speaker 2: of a really strong payout here, you would think that 57 00:02:32,480 --> 00:02:36,160 Speaker 2: more would be profitable. Arable farming continues to lag. That's 58 00:02:36,160 --> 00:02:39,239 Speaker 2: at the bottom of the pile, only forty one percent profitable. 59 00:02:39,440 --> 00:02:42,400 Speaker 2: A real worry for farmers is like a lot of 60 00:02:42,440 --> 00:02:47,040 Speaker 2: businesses having to recruit skilled and motivated staff. And the 61 00:02:47,080 --> 00:02:49,399 Speaker 2: other issue, which is always an issue. 62 00:02:49,240 --> 00:02:52,520 Speaker 3: Not only for farmers but also for small business is 63 00:02:52,639 --> 00:02:57,920 Speaker 3: just regulation and compliance costs. They're building up input costs 64 00:02:58,160 --> 00:03:01,079 Speaker 3: and obviously the government could go a long way there 65 00:03:01,120 --> 00:03:04,880 Speaker 3: by making some much needed changes to the RAMA. So 66 00:03:04,919 --> 00:03:07,760 Speaker 3: there you go. That's the Farmer Confidence survey from the FEDS. 67 00:03:07,760 --> 00:03:08,800 Speaker 2: Here that's not bad at all. 68 00:03:08,840 --> 00:03:11,520 Speaker 1: Hey listen, you drive safely and enjoy the golf and 69 00:03:11,560 --> 00:03:14,520 Speaker 1: obviously the work as well. Jamie mackay hosted the Country 70 00:03:14,520 --> 00:03:16,440 Speaker 1: on his way to master them for the Golden Chairs. 71 00:03:17,120 --> 00:03:20,320 Speaker 3: For more from Hither Duplessy Allen Drive, listen live to 72 00:03:20,400 --> 00:03:23,440 Speaker 3: news Talks it'd be from four pm weekdays, or follow 73 00:03:23,480 --> 00:03:25,240 Speaker 3: the podcast on iHeartRadio.