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Speaker 1: Jamie McKay, host of the Countries with us Alo Jamie

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Speaker 1: good A, Hella, do you reckon? We're going to make

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Speaker 1: it four in a row? I hope. So the futures

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Speaker 1: market would indicate that it could be four in a row.

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Speaker 1: With the GDT auction tonight, we've gone up since New Year.

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Speaker 1: Remember we had nine falls in a row to wind

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Speaker 1: out twenty twenty five. We've been up six point three,

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Speaker 1: one point five and six point seven respectively in the

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Speaker 1: first three auctions. So I guess the question is, is

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Speaker 1: ten dollars back on the carts ten dollars per kilogram

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Speaker 1: of milk solids. Currently, Fonterra is sitting at a midpoint

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Speaker 1: of nine dollars now. The futures markets for what they're

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Speaker 1: worth at the current season at nine dollars fifty four

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Speaker 1: and twenty six twenty seven, you know, which starts on

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Speaker 1: June one of this year, is at a very healthy

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Speaker 1: nine dollars forty. It's not that long ago that it

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Speaker 1: was sitting at eight dollars. So anyhow, my guy from Jarden,

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Speaker 1: Mike McIntyre, says the market tonight could be flat for

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Speaker 1: whole milk powder and amf an hydrous milk fat, but

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Speaker 1: skim milk powder is a real chance to go up

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Speaker 1: six or seven percent, butter could go anywhere, he says,

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Speaker 1: So across the board, we're looking at maybe two to

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Speaker 1: three percent across the board. So if it's four in

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Speaker 1: a row, it's good news for the dairy industry very much.

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Speaker 1: That it's looking good for the wall as well, isn't it. Yeah,

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Speaker 1: I mean, this is one of the great stories of

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Speaker 1: the latter part of twenty twenty five and the early

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Speaker 1: part of this season. Last week's christ Church sale, strong

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Speaker 1: wall indicator was up a whopping forty seven cents one

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Speaker 1: hundred percent clearance. The old buyers were going flat out.

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Speaker 1: Everything was bit up and this is worth a dollar

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Speaker 1: that's getting a wee bit high from an exporter's point

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Speaker 1: of view. At above US sixty cents, we're looking now

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Speaker 1: at a wall price and approaching six hundred cents of

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Speaker 1: kilogram clean for strong crossbred wool could be coming soon.

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Speaker 1: It's close to five dollars greasy, depending on, of course,

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Speaker 1: the yield of the wall. So there's just just due

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Speaker 1: to the demise and sheet numbers around the world, Heather,

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Speaker 1: there's just a global shortage of walle It's a wonderfully

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Speaker 1: sustainable product. I don't know why it wasn't hasn't been

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Speaker 1: worth more. But you can go back to the COVID

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Speaker 1: lows of twenty twenty one and farmers were getting paid

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Speaker 1: less than a dollar a kilogram for fleece fora So

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Speaker 1: if they can get if they can get up up

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Speaker 1: to close to five bucks, it's another good news story. Now,

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Speaker 1: do you think the record levels that we've got on

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Speaker 1: the red meat experts are sustainable? Well, I don't know

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Speaker 1: what I think because I'm not really an expert. I

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Speaker 1: did speak to Tom Young out of AFCO and he

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Speaker 1: says they're not really sustainable at the moment because one

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Speaker 1: of the big questions out there in farming, could red meat,

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Speaker 1: namely lamb at close to eleven dollars beat dairy, which

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Speaker 1: is currently sitting at nine dollars if you'd take the

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Speaker 1: Fonterra midpoint, could red meat beat dairy for the first

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Speaker 1: time in years? Beef sitting at about nine dollars thirty

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Speaker 1: or forty, so it's currently above dairy as well. Look

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Speaker 1: what he was saying was that companies are competing hard

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Speaker 1: for stock. We've had all this rain. It goes without saying.

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Speaker 1: We've had a lot of rain around the country and

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Speaker 1: that's meant lots of grass. It's been great for the

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Speaker 1: pastoral farmers. Hasn't been so good for the poor old

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Speaker 1: arable farmers. But these farmers have got lots of grass.

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Speaker 1: They're going crazy over store stock. This is the stock

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Speaker 1: you buy off someone else to fatten or make prime,

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Speaker 1: to be politically correct, and then send for processing. Now

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Speaker 1: the companies are really having to compete hard for stock

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Speaker 1: at the moment. There's a lack of throughput because farmers

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Speaker 1: are hanging onto the stock to put more weight onto

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Speaker 1: their lambs, their mutton, and their beef and dairy cows

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Speaker 1: that are going to the works. So the companies are

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Speaker 1: having real issues. Were throughput at the moment very hard

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Speaker 1: to keep plants open five days a week. But you

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Speaker 1: know the numbers had come out last week here that

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Speaker 1: they were stunning red meat industry worth eleven point seven billion,

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Speaker 1: a nineteen percent increase on twenty twenty four and stuff

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Speaker 1: will take that money. Jamie, thanks very much, mate. We'll

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Speaker 1: talk to you in a couple of days. It's Jamie McKay,

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Speaker 1: Host of the Country. For more from Heather Duplessy Allen Drive.

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Speaker 1: Listen live to news talks. It'd be from four pm weekdays,

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