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Speaker 1: Good afternoon, and welcome to the muster on Hokanui Andy nearly here until two o'clock. The show is brought to you by Peters Genetics. Welcome along and hump day. On a rather hectic hour in New Zealand politics. If you haven't heard, has just come out in the last five minutes or so that National Leader Christopher Luxen remains in charge of a national party and as Prime minister. He had some very brief remarks his press confidence lasted all of seventy six seconds and his statement was, there was a confidence vote in my leadership this morning at our caucus meeting. I had the full support of our caucus, and our caucus is united and is determined to win this election. And like said Erika Stanford, Christopher Bishop behind him in a sign of solidarity. So how many times can you say caucus in the one sentence? But nonetheless that is the go there from the beehive, normality resumes kind of in the political world. Like you say, Christopher Luxon remains leader of the National Party. Right, let's crack into it changed today at Glenn Campbell.
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Speaker 2: Remembering this country.
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Speaker 3: Wednesday, Hoku's five day forecast with twin farm teff from and seft text. The proof is in the progeny tear from dot co dot Inza.
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Speaker 1: This afternoon, here we go, rain developing with breezy or easteries and a high of twelve. Thursday reign developing with calm, variable wins two and fifteen. Friday partly cloudy were like northwestles five and thirteen. Saturday morning showers a bree sell breezy sol west is zero and eight, and Sunday cloudy with breezy westerlies four and nine.
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Speaker 2: So temper just a hand.
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Speaker 1: Clinton's seven point one, Harriet five point seven, Northern south and five point five, Riverton seven point three to out our six point six.
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Speaker 2: Todor row Is six point four one to four point five. Got do you get to read that any faster?
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Speaker 1: And woodlands at saxophone chaos Like I say, anyway, we're starting the show of Jeff krant I spoke to you about twenty minutes ago just as this decision regarding christ luxe and was made and just ramifications what it means and the lead up to the election. Then Tom Shall, out of Craig's Investment Partners, is on the program. Keeley Buckingham of Derry in z Don mood dairy farming at Kennington, A lot of calves on the ground, a lot of farms. Don tells us how this place is faring. And in studio Hayden Buyer's Coach of the South and hines there's another season gets underway for the Heins. But yeah, crank straight into it, like I say, if you haven't heard breaking news. Christopher Luxon remains leader of the National Party. Up next, Jeff Grant.
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Speaker 2: I've been walking the street.
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Speaker 1: Jeff Grant is a former National MP and joins us this afternoon with everything happening up at the Bee Hive for the wrong reasons for the National Party. Jeff, good, afternoon. We've recorded this probably about twelve thirty, so we're just waiting for an announcement which is imminent. Look, you've been there and done that. What is this doing to the National Party brand?
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Speaker 4: Oh? This is not useful, you know, eighty nine days out from an election. If you look at the history of local parties and changed leadership, they've been through occasions. I think that's been successful. Which notice there have been a lot of dead bodies otherwise. So for that reason, I think that'll be why the course is taken so long, because this is really, in comparison to four weeks ago, this is much more dangerous territory in terms of surviving through the election, and it won't be just a matter whether you keep the current leader and change, or more importantly is how do you deal with the next eighty nine days.
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Speaker 1: And that's the thing I suppose. I mean, these voices of discontent within the party continue to be heard considering the coalition government looks odds on to continue, so all can't be well.
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Speaker 4: No, I you know, when you think about the reality of probably the events of the last three weeks, you look, we will make mistakes, and I don't think any of them were material. Yes, they went good sort of situations suddenly decide we're going to have an MP, butte that we're going to introduce dectives and course, this you know, makes you question sort of the leadership style this has built. This has been building for us some time and so whatever they choose to do is still going to make it very difficult.
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Speaker 2: And that's the issue.
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Speaker 1: I suppose with all this discontent going on, I mean, a flax and continues on. He's got to be assertive of his action regarding those who are showing all this frustration, I suppose yeah.
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Speaker 4: Look, I think the little body seems to struggle on is the difference between governance and being a chief executive and not all chief executives transition into a governance role particularly well. And governance requires leadership that requires you having all your team on your side, and when you've got half your team not on your side, it doesn't matter what you do, you're never going to pull it together.
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Speaker 2: Now, as far as the rural lends, one thing.
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Speaker 1: About Christopher election Christopher Luxon is he has been good for the rural sector. Should will we be concerned of, say Eric Stanford and Chris Bishop perhaps gets the top job?
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Speaker 2: What does that mean for real?
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Speaker 4: Well, look, without any doubt the MP has been putting quite a focus not just on the National Party but across all the political parties around the rural scene. And that's because it's an important part of the economy and has shine through since covid onwards. I think that the PM has in my view, been quite passionate about the rural sector, which you haven't always seen in the leader of a political And if you shifted to an irven drift sort of mentality with somebody else, then it does put some risk. But I think without any any doubt at all, the current PM has been a strong supporter of the head culture sector.
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Speaker 1: I suppose a concerned anything though from the outside of looking in. Was Christopher Luxen's comment last week on ZIB talking at reform regarding MMP when he hadn't consulted.
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Speaker 2: As caucus saw his party.
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Speaker 1: That's pretty that's pretty disturbing or concerning would be a better word.
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Speaker 4: Well, that that tells you somebody operating in a CEO on a governance leadership role, because if you had, if you had really good understanding around that whole governance leadership role, you would know that whenever you say something publicly that you have your team fully supportive. And the only way to find out things fully supportive is to have discussed it through a caucus or kidnet process prior to announcing.
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Speaker 1: Joseph Mooney Now, when approached by reporters earlier on, you see they'd rather be in this electric electorate where a major central local government deal is expected to be signed with today that he's had a lot of skin in the game with didn't actually give a support behind the Prime minister.
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Speaker 2: Do we read much under that?
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Speaker 4: Oh, look at asking MPs as they're walking through an airport concourse where they where they sit between on a particular issue or a leadership role. I mean you ain't even going to get the perfect answer. I think Joseph said only two days ago that he was supportive of the Prime minister, so I wouldn't read too much in it.
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Speaker 1: This won't affect the coalition government though, and the lead up to the election as such. I mean they can carry on the way they are currently.
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Speaker 4: Right, Yeah, absolutely. The coalition agreements are actually between the parties, not between the leaders So if you had to change the leadership and one of the coalition partners parties, that doesn't change the coalition agreement. They still stand through to an election day and unless the party decides to pull it out.
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Speaker 1: Now you're a national party chief whip for a term in the nineties, just described the role and like the pressure that the Whits will be under today.
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Speaker 4: Well, I had a challenge around the deputy leagues count riches. Without any doubt you always go through this bit of a process. The chief whip requirement is the primary part of his role is always to keep the end of the party informed, you know, every twenty four hours. In terms of these process the chief Whip wouldn't take a position. The chief Whip should just be the communicator or the messenger on behalf of the caucus to the Prime Minister or the leader of the party and just making sure factually you're providing the right information and that the leader is well aware of the position situation that it is. When it comes to numbers, it tends to be driven and in my time it was we removed Winston Peter's from the party and that started by a range of MP's writing Leader to the chief Whip and that started a process. And so that's usually the communication line is for these sort of material matters is via the chief Whip.
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Speaker 1: Chris Hebkez hasn't really released a lot of policy, but when you see what's going on on the other side of the beehive, he probably doesn't have to at the moment.
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Speaker 5: No.
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Speaker 4: Look, I you know, there's an old saying in politics. You know, elections are about governments losing rather than oppositions winning. And we look to a certain extent, we look like we're on track for one of those so in an opposition, you just hold your fire until you get a bit of clear air and no point in releasing stuff while the other side's in a bit of turmoil. Look that banner away. You will see it in the The polls won't look good for the next four weeks, no matter what the outcomers. You know, there's always this belief you change the leader and you get a bump on the polls. You might get a bump on the polls, it will be very short term. People will come back to realization around things like their income, their ability to feed the family, all those things, because you don't go away and they have become the focus. As you get.
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Speaker 2: Good on you doff bee leave it there. Thanks for your time and short notice.
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Speaker 4: Yes it's nice.
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Speaker 2: Shut out on Jeff gard Fair.
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Speaker 1: I recorded that probably about twenty minutes ago, and of course we found out since Christopher Luxon has indeed held on to the leadership of the National Party and remains Prime Minister.
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Speaker 2: Tom Shallard's up next.
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Speaker 3: The Muster financial segment with Craig's investment partners in Gore. This information is general in nature and it's not financial advice. Craig's investment Partner's Limited Financial Advice Provider Disclosure statement can be found at craigsip dot com.
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Speaker 1: Tom shell Out of Craig's Investment Partners Joints, is in studio once again.
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Speaker 6: Good afternoon, Good afternoon, Andy. We're getting through the wind, aren't where? It's starting to starting to feel a bit brighter.
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Speaker 1: Yeah, it is, and you'd like to think so for the middle of August, and arguably there could still be a sting in the tail. We won't talk about that today, but you know, you've got a bit of blue sky around over the last couple of days, and you just look for the positives.
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Speaker 4: Yep.
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Speaker 6: It's probably been pretty pretty good to us so far. So let's hope that rolls through to September.
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Speaker 2: No lambs on the shell up farm yet, No, not.
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Speaker 6: Yet, Andy, Hopefully the month away.
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Speaker 2: Yeah, that's the way you want it.
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Speaker 1: Artificial intelligence, how is the story evolving?
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Speaker 2: Well, it's a hell of.
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Speaker 1: A statement for a start, because straight off the cuff you just say it's going everywhere.
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Speaker 6: Here's definitely the pace of changes as rapid artificial eligence remains one of the dominant themes dominant investment themes globally, so the Emerging Markets INDEXES is interestingly outperforming many developed markets here today. That's that that component of that is China and South Korea, and they produce a lot of a lot of semiconductors which have driven markets over the last year. But a lot of attention has focused on companies building data centers, as I said, manufacturing semiconductors and cloud infrastructure. But we think the next phase potentially looks quite different. So historically, major technological revolutions don't just create one investment case, and we're sort of started to see that that broadened in the market now. They tend to create waves of opportunities and early winners you know, often the infrastructure builders, but letter winners tend to be businesses that successfully adopt the technology.
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Speaker 2: Is that what you're seeing with a in your line of work? Is it that relevant? Yep, No, it is.
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Speaker 6: It is changing a lot, not sort of something we tend to use so much. But obviously the companies we invest in a big adopters, and that's healthcare, innovation, biotechnology, robotics, automation, and advanced manufacturing. So yeah, there are some parts of I guess services businesses like product enhancing software which will ultimately lead to some form of efficiency gains and the automation and tasks that humans will no longer need to do. So yeah, the rate of change across probably all sectors is very very fast.
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Speaker 2: What are some scenarios that it can do.
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Speaker 6: For example, it's more what it can do to enterprises and and honestly what will flow through to the bottom line. So it's not going to necessarily replace people's jobs, but it should make every unit of labor a lot more efficient and.
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Speaker 2: So effectively place jobs down the line potentially.
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Speaker 6: But it should also make the human and control a lot more efficient, so so every hour of their time they can achieve more work. But yeah, ultimately you're already seeing some degree of job cuts and through the likes of the big banks in Australia. So yeah, that is a reality commercial reality of AI. But we sort of more look at it broadly, and that's site AI solving healthcare problems and you know, some automation and and advanced manufacturing.
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Speaker 2: A big week, a big week of data ahead.
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Speaker 6: Yeah, look at here. There's there's several important events on the calendar. So in the United States, inflation data, retail sales, consumer confidence figures, we'll see all of them this week and that'll shape or expectations for future federal reserve decisions. Closer to home reserved being for Australia's releasing a monetary policy statement and the New Zealand. Investors continue to monitor inflation expectations. We've got some manufacturing activity data this week and net migration data which is always interesting. But yeah, overall, the market appears increasingly comfortable with the current outlook. Economic growth remains positive, and corporate earnings are well. They've generally exceeded expectations.
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Speaker 1: The reporting season in the States I talked about this David a couple of weeks ago hasn't been favorable yep.
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Speaker 6: At technology into things, the corporate earnings have been phenomenal. So yeah, earnings growth in large cap US tech has grown by about twenty one percent a year on year.
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Speaker 1: All these tech companies and phone companies, they're just going gangbusters.
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Speaker 6: Yeah, tech tech tech generally, but it's not driven by multiple expansions that it's not the company getting more expensive to buy. It's driven by the increase in the underlying earnings. So on a valuation basis that they're actually reasonably valued well, whilst you know, the headline prices is more expensive than a year ago.
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Speaker 2: Right you reckon, we need to take a long term beyond things.
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Speaker 6: Yeah, So, as investors, it's pretty easy to be distracted by the noise of day to day headlines. You know, we think the last fourteen odd months we've had we've had tariffs, we've had a war. You know, we've potentially got higher inflation from increased energy costs, and there's always releases of different economic data. But the successful investors are the ones that understand that that good outcomes don't don't come from reacting to every headline. Markets will always face uncertainty, but yeah, that's that's not something to fear. That's sort of the price to pay for the opportunity to grow grow wealth over time in the markets. Yes, I guess final message there, Andy, take take a long term view, stay diversified, and you remember, success in markets really comes from those who predict every twist and turn. It's it's won by owning good assets at reasonable prices, businesses that are going to consistently grow the runings over time and are supported by long term structural tails.
00:17:25
Speaker 1: Question, how do markets react to inflammatory headlines at the moment.
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Speaker 2: Given what's going on around the world.
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Speaker 6: The story of the last two years, Andy has been volatility, so you do sort of see bigger intra d A swings than we would have seen in the past. Trump administrations tend to be headline driven markets and that's that's holding true.
00:17:47
Speaker 2: And you've only said Trump once in this whole interview.
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Speaker 6: I almost got through it.
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Speaker 1: Craig's ip. You're in that nice new building, pretty warm at the moment. I'd imagine where are you're located.
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Speaker 6: Calling to the office at one Street, Gore, or give me a call on three two o nine.
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Speaker 2: Tom Shallard always good to catch up, Thanks Eddie.
00:18:09
Speaker 1: Tom Shellard of Craig's Investment Partners based here in Gore. Obviously new world. In that cozy little building they've got, it's not little, actually nice and spacious. Go and see the team as well. Regarding anything you want to know regarding investment.
00:18:21
Speaker 2: Don Moore's up next. There's stop falling by the way.
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Speaker 3: Good even when this interview is brought to you by agri Center South branches in Lawnville, Gore, Cromwell, Milton, and Ranfurly. Drop by your local agri Center South branch today.
00:18:38
Speaker 1: He has found Don Moore Farms at Kennington. He's part of the Fonterra Shreholders Council. Don Good Afternoon. The song is Southern Nights by Glenn Campbell. But the Southern days at the moment are pretty busy. It sounds as though you've got calves everywhere.
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Speaker 5: Yeah, things are pretty busy at the moment. Yeah, we're probably caught out a little bit. It's we're already just over twenty five percent in through carving, and I haven't finished my window projects, so sort of trying to get some of those ticked off in a couple of hours. We get free in the afternoon and then and then we're back into the next day again. So yeah, it's a busy.
00:19:17
Speaker 4: Time, all right.
00:19:17
Speaker 2: Is it chaos at the moment or are you coping?
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Speaker 5: Yeah, no, we're coping. It's it's organized chaos, I would I would say, yeah.
00:19:25
Speaker 2: Yeah, I like that term. It covers a lot of bases.
00:19:28
Speaker 5: Yeah, yeah, yeah, just getting processes are coming into place now. You know, we've got the milky mob and milk going in the vat and the routines starting to settle in. It's just that real busy time when you're getting a lot of carves. You've got a big clossrum mob the cowshed time as a lot, training heifers and calves coming out everywhere. So yeah, no, we're getting there. It's we are getting We're keeping on top of it, we're keeping ahead of it. But it's busy yep.
00:20:00
Speaker 2: Training the heifers. How's that going on the platform?
00:20:04
Speaker 5: Ah, yeah good, it's not so bad in the hearing bone. We run them through a few times over winter and and so, and then we bring our springers and so they so by the time they get to milking, they've they've been through the road up a few times already, so that's not too much of a problem. It's just you know, those cows, those heifers that want to kick their cups off and things like that. But yeah, that's just that's that's carving. It happens every.
00:20:28
Speaker 1: Year, so it's kind of like kids at a school play. They go there and practice and practice. When it comes to the main event, a few of them have the opportunity to go about roguan.
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Speaker 2: It does happen, Yeah, it does.
00:20:39
Speaker 5: Yeah, Yeah, you get the occasional one, but most of them are pretty good.
00:20:42
Speaker 2: So as far as you went too projects.
00:20:44
Speaker 1: Remembering not long ago you move down to Kennington, what do you still got to what are you working on still as such?
00:20:50
Speaker 5: Well, all sorts of things. We've got some heifer pins that are half built. We've got heifers in them and in the in the two bays that we've almost finished. And then we're sort of trying to work ahead of ourselves. And I probably got a bit carried away ripping out things with the digger over winter, and I've still got I've still got a few fences to build as well while we're while we're there, So I was out yesterday for a couple of hours getting a fence prepped, and today I'll go and bang in some posts and get a lane finished. And yeah, getting power around the farm's been a bit of an issue. Holt has been a saving grace for that, but still they you know, you still need power on those gates and things, and yeah, so we're working away at it. I had a good, good good win yesterday around getting some power around some more of the farm. So I'll get these, hopefully get these other to this lane finished today in this afternoon maybe, and they're all really help things.
00:21:50
Speaker 2: A digger can be a useful yet brutal tool in the wrong hands.
00:21:54
Speaker 4: Ah.
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Speaker 5: Look, it's so enjoyable having the digger on farm and making progress, but then you've got the job of sorting everything out that you've done after the fact.
00:22:04
Speaker 2: That's just the way it goes.
00:22:05
Speaker 1: As far as your feed levels, I mean, we've had a few frosts recently, got cool last week.
00:22:10
Speaker 2: Are you happy with your covers?
00:22:12
Speaker 5: Yeah, yeah, definitely we had some pretty sort of fantastic winter growth and yeah, we had a bit of a wit a week and but look, it's it's not been real with You can still ride around most of the farm on a two wheeler, which this time of the year, that's that's that's pretty good.
00:22:31
Speaker 1: Yeah, it's really good going for the time of year. And it's the same old story. If you've got too much tucker in there. There's still the opportunity of frost, which I think might be forecast over the weekend just to up the buds off as well.
00:22:43
Speaker 5: Yeah yeah, and so yeah, I mean with all the grass, you sort of you want a bit of a dry spring that you can actually utilize. It can be a bit of a challenge otherwise.
00:22:52
Speaker 1: But it's a great problem to have too much tucker. You've got to be got to matte.
00:22:56
Speaker 5: Oh, definitely, yeah, definitely, And we're we're probably oversupplied with winter bayleage. I think we're definitely not going to finish all of that, So that's a good thing. We'll we'll push that through to the next winter.
00:23:08
Speaker 1: So would you say it's been a softer winter than last year if that's possible, will bear in mind you're.
00:23:14
Speaker 2: In a new farming position as well, new spot.
00:23:17
Speaker 5: Yeah, I think it has been. Yeah, if you if you're wet in May, you've got a wet, wet, wet winter. But we had a really good maid and in June here, so that's that's helped out a lot.
00:23:32
Speaker 1: And of course the g d T last week there was a slight rise in there which stopped that run of falls that of seen over the past two or three auctions before that. And it'll be interesting to see where it ends up too.
00:23:46
Speaker 5: It certainly will be. And you know, sort of seeing social media and things of what's happening overseas, there's there's there seems to be a bit of pressure on milk production overseas, and and I guess that might start to play out and we might start to see that in some of the GDT auctions over the next month or two. But yeah, that's something that only time will tell a two.
00:24:11
Speaker 1: People talking about late eight dollars these days for a break even point, I think last season, just on the average of what you heard around eight dollars forty eight dollars fifty was that point. But that extra thirty cents is quite a concern. If that is the case, are you seeing that.
00:24:26
Speaker 5: Well, I mean it's an interesting one. There's certainly some amatted costs and things, but there's been you make sure that you're sort of separate out some extra things that people have done on farm, you know, and there's been a lot of investment on farm and some of that, you know, most of that, yes, that will go into sort of capital, but some of it will get soaked into RNN expenses and increase your farm working expenses that in that way. But it's a positive move and it's a positive spend. So as long as they it's being spent on the right things, then then that's okay.
00:25:04
Speaker 1: So that's how your view this season A hit. Everything's looking pretty positive. To coin that B word.
00:25:09
Speaker 5: Yeah, I'm I'm, I'm I'm positive about how things are going, you know, And obviously we've taken on a lot more debt this year with the new farm, and but we're still sitting pretty positive around what the future looks like over the next couple of years.
00:25:24
Speaker 1: Has it taken you a while to get used to your new surroundings or you knew what was coming?
00:25:29
Speaker 5: Yeah, it's probably more on the social front, to be fair. It's been interesting. It's got got its highs and its lows. And you know, we miss all all of our friends back and Gore and and you know, we catch up with some of them occasionally, but you certainly don't see them daily lot you used to. So that's been the biggest change, you know, and saying for the kids at new school. But but in the cargo's got a lot to offer and and the kids have been into sports and things that they never had the opportunity to do, so so that there's you know, there's some positives and negatives.
00:26:02
Speaker 2: You haven't hear the big smoke traffic lights down there, you know.
00:26:05
Speaker 5: Oh and look, I was hoping to get out last weekend and go for a fish even but no, the way that carving's gone, that's sort of put the cord wash on that pretty quickly.
00:26:15
Speaker 1: Well, it sounds as though everything's happening at once time. We'll be you carry on and good luck with the carving. Sounds like you need it.
00:26:21
Speaker 5: Of all these numbers will be good, but thank you very much.
00:26:27
Speaker 1: Done Moore farming at Kennington. Interesting those status he just talked about. Then over a quarter of his herd already popped out their calves, and you're hearing it in a few places too.
00:26:36
Speaker 2: So while it's like the end of his guns to the gun.
00:26:39
Speaker 1: Well, hopefully everybody gets through all right, because it is a busy time of year.
00:26:43
Speaker 2: It's called carving. Right.
00:26:45
Speaker 1: Kenny Backing is up next from darien Ze talking about carving. Let's have a catch up.
00:26:49
Speaker 2: He's cool. Welcome back to the muster.
00:27:05
Speaker 1: Keevy Buckingham joins us out of dairy en Z Keeley, Good afternoon.
00:27:10
Speaker 2: Carving is around everywhere.
00:27:12
Speaker 7: It is it is. It seems like it's come on suck and fast too for a few people, which is good and bad. Right, keeps it over and done with quicker. That certainly makes us some long days, I'm sure.
00:27:25
Speaker 2: Well, the weather's with you. It's a good thing.
00:27:27
Speaker 7: Yeah, totally. Yeah, and it has been relatively nice for the most part so far.
00:27:34
Speaker 1: Well, I think we do about fifteen degrees with something ridiculous tomorrow. It seems like the tropics when you get to those temperatures.
00:27:41
Speaker 7: Yeah, I was gonna have to get the old pins out for the sun like that.
00:27:45
Speaker 2: Well there you go.
00:27:46
Speaker 1: Hey, talking today about ADLB CAF feeding A lot of calves around and just thinking about all matters are growing.
00:27:54
Speaker 7: Yeah, definitely, So the ad LIB system, I suppose it's one that's come to be more and more popular for the last few years as people get busier and you know a lot of mums out there with kids and toe as well, and twice a day feeding does get quite busy. So ed lib is definitely one of those things that is getting pretty hot out here. And so we're really fortunate that we've had a bit of insight to this. Well, you know, our Animal Animals team up in Hamilton and so there was a lot of chat around ed lib feeding you know, out there online and stuff, but not a lot that has been like researched in New Zealand. And so that team before Carving started coming together and have developed an ad LIB cart feeding guide. So, yeah, that's been specifically designed for you know, the New Zealand system. So that's super cool. That can be found online and so I guess just some key messages to come out of that if you haven't seen it and are going to try EdLib once you get into the sick of carving this year. There are just a few key things too, Yeah, I guess make sure that you've got in mind. So a few of the key points would be, you know, keeping mobs between ten and twenty calves to and keeping those groups consistent sized in the providing The other one around the size is just providing one teat for every three to five calves and making sure that yeah, they're getting checked regularly daily, filling up of drums like from like fresh milk every day rather than putting fresh milk on top of old milk. There's another key one there, and making sure that if you are going to be doing the ad LIB system, to budget for higher milk use and so cold milk might reduce bacteria bacterial growth and the milk, but calves might drink more to compensate for that. So yeah, and the other one just around ed libbers doesn't it's not a satin forget system. So we do still need to be making sure and you know, I'm sure people don't just set in figet anyway, but making sure that if you are going to try that system, to make sure you're checking the calves individually and know the signs of health and illness and so if you Yeah, there's a guide that has been just released I think it was in July, and so that can be found on the darien Zied website around Yeah, it's just called the ad lib Calf Feeding Guide and there and as well. Actually, the other cool new resource that was released just before carving started was the Calf Rearing Guide. And so that calf Rearing Guide it covers everything from setting up calf pens, calf sheds all the way through to you know, the weaning stage and wait and stuff like that. So it's a massive document, but definitely one I was just flicking through it this morning and thinking, man, if I had a new calf rearer on farm, then this would be exactly what I'd be putting in front of them to set them up. Well, you know, don't have to read every chunk of it, you know, the whole thing from start to finish right now, but as we move through the phases, you know from colostteral management, I mean eventually it weened. There's all different sections in there, so really cool guide and.
00:31:18
Speaker 1: We're going to have a good spring here in the south. Touch would But you're just looking at all the positives. Nonetheless having a plan b if you need. It's something to have in your mind.
00:31:27
Speaker 2: Day.
00:31:28
Speaker 7: Yeah, definitely. You know, we've still got a lot of cows on crop, a lot of cows being in spring, of peddocks on pasture, and it is it has been wet, and so just making sure that if you have got cows, you know, outside or potentially still on crop, that we do need to be making sure if the weather forecast is coming in bead that you do who a plan be up your sleeve for taking cows off muddy peedicks, muddy crop peedicks, giving another option if it's needing to chat into the direction and once you're grazing, to avoid wheat patches or where soils might be a bit heavier than those type of things still need to be maintained. I know it is tricky when you're in the depths of carving to remember or to make time for that type of thing. But still those cows, you know, have got a heak of a season in front of them, still in making sure that you know they're not succumbing to any bad weather and making sure that they're still being prioritized. Yeah, it is really important.
00:32:34
Speaker 1: You're in good website. I suppose a few more types of people need them.
00:32:38
Speaker 7: Yes, definitely always on there, especially around that. You know, it'll all be under the wintering tab or information section on there around if it's with crop management. But yeah, the green z website is I think it's home to like eight thousand resources or something like that, so there's plenty of infold on there, including all that newcat we'reing stuff. So check it out and give us a call if you've got any questions.
00:33:04
Speaker 2: You can never have too much info. Keeley, thanks for your time as always.
00:33:08
Speaker 5: Cool.
00:33:08
Speaker 7: Thanks Andy for you.
00:33:12
Speaker 1: Kelley Buckingham of Derry en Z. This is the muster before we wrap up. Hayden Buyers is joining US Coach of the South and Hines. Gwen Campbell providing the tunes on a Wednesday afternoon Wichita Lineman that one there of course, Wednesday Night Country happening at seven o'clock here on Hakanui thanks to regional ford Ism, joined in the studio by Hayden Buyer's name known to a lot of people down here in the South but of course his second year as coach of the Southland Hines.
00:33:47
Speaker 2: Good afternoon, Pecker. How are you.
00:33:49
Speaker 8: I'm very good, Thank you, Thank you Andy, thanks for having me on.
00:33:52
Speaker 1: I spoke to you last year about the Southland Hines and the trials and tribulations of rugby in South and we all know what's going on with the Stags and try to get players and the likes. But look the woman's game straight off the calf, it looks to be in a pretty good place.
00:34:06
Speaker 8: Yeah, it isn't a good place. I mean probably this year with the club rugby we had one team less than what we did did last year, but that sort of galvanized everybody a little bit more and probably made it a tougher competition because when we got to that final this year, it was a really good game of footy to watch and quite proud. It just went to another level, which is probably helped the hinds Awee bit with the start of their campaign this year as well.
00:34:33
Speaker 1: You know, the emergence of Pioneer making it to the final start taking out the price, but just to get there. And one good thing about Star as well, I think they're putting in women's facilities. A lot of Pioneers already done that, and you see a lot of recognition by the clubs regarding the women's game.
00:34:48
Speaker 8: Yeah, absolutely, the ones that do have the women's team, so certainly are making the facilities a bit more usually friendly for those women playing, And yeah, it does make life a lot easier, and we try to use those socileties as well because the girls know they're there and like to use that. You know they're there to be used, so it's good.
00:35:08
Speaker 2: Were numbers an issue at all?
00:35:10
Speaker 8: I think it was only about that first round that we sort of had to buy a mismatch, or I wouldn't say mismatch a default, but we got through pretty much the rest of the season. We had a rule this year that if the team didn't have enough players, it was game one anyway, and they just had to match numbers. So I think one time Wakatapho had to come down to Pioneer with maybe only thirteen I think it was, and the game still got to be played. So yeah, that's just you've got to take your hats off to those rocket girls that do a lot of traveling sometimes.
00:35:47
Speaker 1: Yeah, so the hinds as such, you're into pre past preseason, I suppose not far off kickoff if you haven't done it already.
00:35:54
Speaker 8: Yeah, we've had one game already against Canterbury Mary Wahini. It was a good game up there at just at omor South of omor Mahino And yeah, we had a good good win at thirty nine points to know, which is kind of quite good because if we look back on the team that we had last year, there was only five players that had come through from last year that were still playing this year. So a new bunch of girls and a different sort of ending really for the same team that we plaid last year.
00:36:29
Speaker 2: So are you pretty realistic about player turnover?
00:36:34
Speaker 8: I think it's just something that happens in the woman's game. You know, they've got bigger responsibilities than probably what the males do. On the other side. We males go to work and turn up and sort of thing where you get a dear said a woman that falls pregnant, well playing pregnancy, and you know they've got a lot more time out of the game than what a male would, if you know what I mean, in the same same scenario. And there's a few girls that have gone overseas and we've lost a few girls to university from last year's team. So that's just I think that's just what Southern rugby is going to have to put up with for quite a while really.
00:37:14
Speaker 1: So the ones who want to play for Southland as such, for the Hinds, they've just got to be prepared to put in the effort just realizing it is what it is.
00:37:23
Speaker 8: Yeah, yeah, Yeah, that's pretty much. It's just we we set our goals and we've got our objectives that we want to achieve type thing, and we run it past them, and I think we're realistic of where we want to go and what we want to be as a team down here type thing. We want to be competitive. That's probably the first thing. To get a result like we did on the weekend was probably a wee bit surprising.
00:37:48
Speaker 7: But.
00:37:50
Speaker 8: It just goes to show that maybe also us as coaches, myself and my other two we've got we understand it a bit more better than what we did last year and are targeting things alley bit you know, differently. So hopefully I just see the camaraderie and the team and the feeling and the teams a lot further ahead. It's where we finished last year and we just started this year. So it always helps.
00:38:15
Speaker 1: And I dare say you've got a good affiliation with Rugby South as well off the side.
00:38:20
Speaker 8: Yeah, definitely, there's a lot of support with Rugby South on behind the women's game. You know, it's part of what's out there. You see it on Facebook. It just gets as much part of the club rugby gets as much as what the premier rugby type carry on does. That final that we had, you know, Pioneering Star in the final, there was just the same amount of crowd as what was there for the Barberian's Old Boys game and to be fair, they are two bloody good finals to watch. It was a pleasure to be there.
00:38:53
Speaker 1: So what do you do as far as practice? How many practices a week? Because I like the old club routine Tuesday and Thursday or how do you.
00:39:00
Speaker 8: Yeah, it's like our club routine. Last year we shifted our trainings around, like we'd have a week in Gore, a weekend of Cargo in a weekend probably Winton. But this year, we're just staying at Winton. The girls on their feedback last year just wanted to have one base, so we're just sticking with that. We're going to Winton because it just saves a bit more travel for those Queenstown girls coming down because our travel in the furthest.
00:39:26
Speaker 2: Yeah.
00:39:26
Speaker 8: So and we turn up. We trained for an hour and a half, an hour and a quarter sort of thing, and on Thursday nights we'll get together and we have a meal afterwards. We have team challenges that part of the team's putting a meal on, so it's we call it dinner wars. And there's a bit of strategic voting going on at the moment, so it's a lot of fun.
00:39:47
Speaker 2: You'll bring a bit of venison on the space.
00:39:49
Speaker 8: Ah yeah, I got a wee bit of venis in there. But apparently it's my turn to cut this week and they've given me potatoes, So sorry, girls, you're just on potatoes chips. Oh no, it's going to be baked potatoes, I'm afraid. So there we go.
00:40:01
Speaker 1: So I'm looking at your agenda for the next couple of for the few games you've got coming up, and you will say a few games, well, there are a few on the horizon. This weekend you've got Tasman and a Target development in Dunedin. Okay, use a target development as an example. What's the difference between Southland and Otago and women's rugby?
00:40:20
Speaker 2: Is it resources?
00:40:23
Speaker 5: No?
00:40:23
Speaker 8: I think probably to be fair, their club competition is slightly a wee bit better. You'll probably find that they're average age with university students bring it down a web. I don't want to be just slightly a wee bit faster. They've got the Spirit there type thing. I noticed. I've seen the two teams come out and a Target Development squad is not a very big squad. So I'd imagine we go to play them, we're going to have a few of the Spirit girls being dropped down to play against. I think they're backs. They've only named eight backs, so that's you know, there's seven on a paddock and there's got to be a couple of three reserves there. Some way say so it's economy a scale, Yeah, economy a scale type thing.
00:41:08
Speaker 2: Yeah.
00:41:08
Speaker 8: I don't think we you know, you'd look at south and Rugby, we couldn't name two teams. We know, two quality teams like they've they've done that there. But in saying that, if you look at the two teams, there's a few few Southern girls in those ex Southern girls that are all in those teams too, So that's good to see. But it's one of those things that if we went to the next level, maybe we would have some of them would filter back into Southern rugby. And you know we're the NPC's on the cards that that might that might be something that would boost the Southern squad. If you understand what.
00:41:42
Speaker 2: I'm saying, how are you enjoying the role?
00:41:44
Speaker 8: I I enjoy it. The girls make that enjoyment. Yeah, it's it is different to the boys type. Carry on. There's not a lot of egos out there. And the woman rugby longs. You know, you've got to care about them and if they know that you care about them, they'll just about to do anything for you. So No, I love love the roll to bits, absolutely because the feedback you get from them, so and the wee bit of ban is kind of you know, just nice.
00:42:20
Speaker 2: Ye Camaraderi will be a big thing.
00:42:22
Speaker 8: Yeah, absolutely absolutely, and that pretty quick. When I do something wrong or say something wrong, put me in my place. But You've just got to take that with a grain of salt type carry on because I'm not the biggest upfront speaker at times and stuff like that. So yeah, we get there.
00:42:38
Speaker 1: Actually speak out of them. Whereas hey, Hayden, thanks for coming in this afternoon. You get to listen to this, you lucky bugger, laugh.
00:42:45
Speaker 5: Out loud with ag proud because life on the land can be a laughing matter.
00:42:50
Speaker 1: Brought to us by sheer Well Data working to help the livestock farmer.
00:42:54
Speaker 2: Firstly, if you've got a damn joke you.
00:42:55
Speaker 8: Want to do, No, I don't have a Oh no, I don't have a You should have prepped me a bit for for that. It would have come up with something and my kids will be horrified. So now I'll leave you to you.
00:43:04
Speaker 2: What do you call an army of chales mildiary military?
00:43:10
Speaker 1: And hey you going on your haiden, Thanks for coming in and all the best for the season that we're always going to always.
00:43:16
Speaker 8: Appreciate you to nah, thank you very much.
00:43:18
Speaker 1: Hate them buyers there. Wrapping up the Master Amandy Mure. Of course, the podcast is up shortly annoy Heart Radio. The show is brought to you by Peter's genetics, enjoy the afternoon, say tomorrow,
Speaker 1: Good afternoon, and welcome to the muster on Hokanui Andy nearly here until two o'clock. The show is brought to you by Peters Genetics. Welcome along and hump day. On a rather hectic hour in New Zealand politics. If you haven't heard, has just come out in the last five minutes or so that National Leader Christopher Luxen remains in charge of a national party and as Prime minister. He had some very brief remarks his press confidence lasted all of seventy six seconds and his statement was, there was a confidence vote in my leadership this morning at our caucus meeting. I had the full support of our caucus, and our caucus is united and is determined to win this election. And like said Erika Stanford, Christopher Bishop behind him in a sign of solidarity. So how many times can you say caucus in the one sentence? But nonetheless that is the go there from the beehive, normality resumes kind of in the political world. Like you say, Christopher Luxon remains leader of the National Party. Right, let's crack into it changed today at Glenn Campbell.
00:01:05
Speaker 2: Remembering this country.
00:01:06
Speaker 3: Wednesday, Hoku's five day forecast with twin farm teff from and seft text. The proof is in the progeny tear from dot co dot Inza.
00:01:16
Speaker 1: This afternoon, here we go, rain developing with breezy or easteries and a high of twelve. Thursday reign developing with calm, variable wins two and fifteen. Friday partly cloudy were like northwestles five and thirteen. Saturday morning showers a bree sell breezy sol west is zero and eight, and Sunday cloudy with breezy westerlies four and nine.
00:01:36
Speaker 2: So temper just a hand.
00:01:37
Speaker 1: Clinton's seven point one, Harriet five point seven, Northern south and five point five, Riverton seven point three to out our six point six.
00:01:45
Speaker 2: Todor row Is six point four one to four point five. Got do you get to read that any faster?
00:01:50
Speaker 1: And woodlands at saxophone chaos Like I say, anyway, we're starting the show of Jeff krant I spoke to you about twenty minutes ago just as this decision regarding christ luxe and was made and just ramifications what it means and the lead up to the election. Then Tom Shall, out of Craig's Investment Partners, is on the program. Keeley Buckingham of Derry in z Don mood dairy farming at Kennington, A lot of calves on the ground, a lot of farms. Don tells us how this place is faring. And in studio Hayden Buyer's Coach of the South and hines there's another season gets underway for the Heins. But yeah, crank straight into it, like I say, if you haven't heard breaking news. Christopher Luxon remains leader of the National Party. Up next, Jeff Grant.
00:02:41
Speaker 2: I've been walking the street.
00:02:44
Speaker 1: Jeff Grant is a former National MP and joins us this afternoon with everything happening up at the Bee Hive for the wrong reasons for the National Party. Jeff, good, afternoon. We've recorded this probably about twelve thirty, so we're just waiting for an announcement which is imminent. Look, you've been there and done that. What is this doing to the National Party brand?
00:03:06
Speaker 4: Oh? This is not useful, you know, eighty nine days out from an election. If you look at the history of local parties and changed leadership, they've been through occasions. I think that's been successful. Which notice there have been a lot of dead bodies otherwise. So for that reason, I think that'll be why the course is taken so long, because this is really, in comparison to four weeks ago, this is much more dangerous territory in terms of surviving through the election, and it won't be just a matter whether you keep the current leader and change, or more importantly is how do you deal with the next eighty nine days.
00:03:48
Speaker 1: And that's the thing I suppose. I mean, these voices of discontent within the party continue to be heard considering the coalition government looks odds on to continue, so all can't be well.
00:03:59
Speaker 4: No, I you know, when you think about the reality of probably the events of the last three weeks, you look, we will make mistakes, and I don't think any of them were material. Yes, they went good sort of situations suddenly decide we're going to have an MP, butte that we're going to introduce dectives and course, this you know, makes you question sort of the leadership style this has built. This has been building for us some time and so whatever they choose to do is still going to make it very difficult.
00:04:38
Speaker 2: And that's the issue.
00:04:39
Speaker 1: I suppose with all this discontent going on, I mean, a flax and continues on. He's got to be assertive of his action regarding those who are showing all this frustration, I suppose yeah.
00:04:52
Speaker 4: Look, I think the little body seems to struggle on is the difference between governance and being a chief executive and not all chief executives transition into a governance role particularly well. And governance requires leadership that requires you having all your team on your side, and when you've got half your team not on your side, it doesn't matter what you do, you're never going to pull it together.
00:05:17
Speaker 2: Now, as far as the rural lends, one thing.
00:05:20
Speaker 1: About Christopher election Christopher Luxon is he has been good for the rural sector. Should will we be concerned of, say Eric Stanford and Chris Bishop perhaps gets the top job?
00:05:31
Speaker 2: What does that mean for real?
00:05:32
Speaker 4: Well, look, without any doubt the MP has been putting quite a focus not just on the National Party but across all the political parties around the rural scene. And that's because it's an important part of the economy and has shine through since covid onwards. I think that the PM has in my view, been quite passionate about the rural sector, which you haven't always seen in the leader of a political And if you shifted to an irven drift sort of mentality with somebody else, then it does put some risk. But I think without any any doubt at all, the current PM has been a strong supporter of the head culture sector.
00:06:17
Speaker 1: I suppose a concerned anything though from the outside of looking in. Was Christopher Luxen's comment last week on ZIB talking at reform regarding MMP when he hadn't consulted.
00:06:27
Speaker 2: As caucus saw his party.
00:06:28
Speaker 1: That's pretty that's pretty disturbing or concerning would be a better word.
00:06:32
Speaker 4: Well, that that tells you somebody operating in a CEO on a governance leadership role, because if you had, if you had really good understanding around that whole governance leadership role, you would know that whenever you say something publicly that you have your team fully supportive. And the only way to find out things fully supportive is to have discussed it through a caucus or kidnet process prior to announcing.
00:07:00
Speaker 1: Joseph Mooney Now, when approached by reporters earlier on, you see they'd rather be in this electric electorate where a major central local government deal is expected to be signed with today that he's had a lot of skin in the game with didn't actually give a support behind the Prime minister.
00:07:16
Speaker 2: Do we read much under that?
00:07:18
Speaker 4: Oh, look at asking MPs as they're walking through an airport concourse where they where they sit between on a particular issue or a leadership role. I mean you ain't even going to get the perfect answer. I think Joseph said only two days ago that he was supportive of the Prime minister, so I wouldn't read too much in it.
00:07:41
Speaker 1: This won't affect the coalition government though, and the lead up to the election as such. I mean they can carry on the way they are currently.
00:07:47
Speaker 4: Right, Yeah, absolutely. The coalition agreements are actually between the parties, not between the leaders So if you had to change the leadership and one of the coalition partners parties, that doesn't change the coalition agreement. They still stand through to an election day and unless the party decides to pull it out.
00:08:07
Speaker 1: Now you're a national party chief whip for a term in the nineties, just described the role and like the pressure that the Whits will be under today.
00:08:16
Speaker 4: Well, I had a challenge around the deputy leagues count riches. Without any doubt you always go through this bit of a process. The chief whip requirement is the primary part of his role is always to keep the end of the party informed, you know, every twenty four hours. In terms of these process the chief Whip wouldn't take a position. The chief Whip should just be the communicator or the messenger on behalf of the caucus to the Prime Minister or the leader of the party and just making sure factually you're providing the right information and that the leader is well aware of the position situation that it is. When it comes to numbers, it tends to be driven and in my time it was we removed Winston Peter's from the party and that started by a range of MP's writing Leader to the chief Whip and that started a process. And so that's usually the communication line is for these sort of material matters is via the chief Whip.
00:09:24
Speaker 1: Chris Hebkez hasn't really released a lot of policy, but when you see what's going on on the other side of the beehive, he probably doesn't have to at the moment.
00:09:33
Speaker 5: No.
00:09:34
Speaker 4: Look, I you know, there's an old saying in politics. You know, elections are about governments losing rather than oppositions winning. And we look to a certain extent, we look like we're on track for one of those so in an opposition, you just hold your fire until you get a bit of clear air and no point in releasing stuff while the other side's in a bit of turmoil. Look that banner away. You will see it in the The polls won't look good for the next four weeks, no matter what the outcomers. You know, there's always this belief you change the leader and you get a bump on the polls. You might get a bump on the polls, it will be very short term. People will come back to realization around things like their income, their ability to feed the family, all those things, because you don't go away and they have become the focus. As you get.
00:10:25
Speaker 2: Good on you doff bee leave it there. Thanks for your time and short notice.
00:10:29
Speaker 4: Yes it's nice.
00:10:30
Speaker 2: Shut out on Jeff gard Fair.
00:10:32
Speaker 1: I recorded that probably about twenty minutes ago, and of course we found out since Christopher Luxon has indeed held on to the leadership of the National Party and remains Prime Minister.
00:10:42
Speaker 2: Tom Shallard's up next.
00:10:50
Speaker 3: The Muster financial segment with Craig's investment partners in Gore. This information is general in nature and it's not financial advice. Craig's investment Partner's Limited Financial Advice Provider Disclosure statement can be found at craigsip dot com.
00:11:07
Speaker 1: Tom shell Out of Craig's Investment Partners Joints, is in studio once again.
00:11:11
Speaker 6: Good afternoon, Good afternoon, Andy. We're getting through the wind, aren't where? It's starting to starting to feel a bit brighter.
00:11:17
Speaker 1: Yeah, it is, and you'd like to think so for the middle of August, and arguably there could still be a sting in the tail. We won't talk about that today, but you know, you've got a bit of blue sky around over the last couple of days, and you just look for the positives.
00:11:31
Speaker 4: Yep.
00:11:32
Speaker 6: It's probably been pretty pretty good to us so far. So let's hope that rolls through to September.
00:11:37
Speaker 2: No lambs on the shell up farm yet, No, not.
00:11:40
Speaker 6: Yet, Andy, Hopefully the month away.
00:11:42
Speaker 2: Yeah, that's the way you want it.
00:11:44
Speaker 1: Artificial intelligence, how is the story evolving?
00:11:48
Speaker 2: Well, it's a hell of.
00:11:49
Speaker 1: A statement for a start, because straight off the cuff you just say it's going everywhere.
00:11:55
Speaker 6: Here's definitely the pace of changes as rapid artificial eligence remains one of the dominant themes dominant investment themes globally, so the Emerging Markets INDEXES is interestingly outperforming many developed markets here today. That's that that component of that is China and South Korea, and they produce a lot of a lot of semiconductors which have driven markets over the last year. But a lot of attention has focused on companies building data centers, as I said, manufacturing semiconductors and cloud infrastructure. But we think the next phase potentially looks quite different. So historically, major technological revolutions don't just create one investment case, and we're sort of started to see that that broadened in the market now. They tend to create waves of opportunities and early winners you know, often the infrastructure builders, but letter winners tend to be businesses that successfully adopt the technology.
00:12:58
Speaker 2: Is that what you're seeing with a in your line of work? Is it that relevant? Yep, No, it is.
00:13:03
Speaker 6: It is changing a lot, not sort of something we tend to use so much. But obviously the companies we invest in a big adopters, and that's healthcare, innovation, biotechnology, robotics, automation, and advanced manufacturing. So yeah, there are some parts of I guess services businesses like product enhancing software which will ultimately lead to some form of efficiency gains and the automation and tasks that humans will no longer need to do. So yeah, the rate of change across probably all sectors is very very fast.
00:13:40
Speaker 2: What are some scenarios that it can do.
00:13:42
Speaker 6: For example, it's more what it can do to enterprises and and honestly what will flow through to the bottom line. So it's not going to necessarily replace people's jobs, but it should make every unit of labor a lot more efficient and.
00:13:59
Speaker 2: So effectively place jobs down the line potentially.
00:14:02
Speaker 6: But it should also make the human and control a lot more efficient, so so every hour of their time they can achieve more work. But yeah, ultimately you're already seeing some degree of job cuts and through the likes of the big banks in Australia. So yeah, that is a reality commercial reality of AI. But we sort of more look at it broadly, and that's site AI solving healthcare problems and you know, some automation and and advanced manufacturing.
00:14:41
Speaker 2: A big week, a big week of data ahead.
00:14:44
Speaker 6: Yeah, look at here. There's there's several important events on the calendar. So in the United States, inflation data, retail sales, consumer confidence figures, we'll see all of them this week and that'll shape or expectations for future federal reserve decisions. Closer to home reserved being for Australia's releasing a monetary policy statement and the New Zealand. Investors continue to monitor inflation expectations. We've got some manufacturing activity data this week and net migration data which is always interesting. But yeah, overall, the market appears increasingly comfortable with the current outlook. Economic growth remains positive, and corporate earnings are well. They've generally exceeded expectations.
00:15:31
Speaker 1: The reporting season in the States I talked about this David a couple of weeks ago hasn't been favorable yep.
00:15:38
Speaker 6: At technology into things, the corporate earnings have been phenomenal. So yeah, earnings growth in large cap US tech has grown by about twenty one percent a year on year.
00:15:50
Speaker 1: All these tech companies and phone companies, they're just going gangbusters.
00:15:54
Speaker 6: Yeah, tech tech tech generally, but it's not driven by multiple expansions that it's not the company getting more expensive to buy. It's driven by the increase in the underlying earnings. So on a valuation basis that they're actually reasonably valued well, whilst you know, the headline prices is more expensive than a year ago.
00:16:15
Speaker 2: Right you reckon, we need to take a long term beyond things.
00:16:18
Speaker 6: Yeah, So, as investors, it's pretty easy to be distracted by the noise of day to day headlines. You know, we think the last fourteen odd months we've had we've had tariffs, we've had a war. You know, we've potentially got higher inflation from increased energy costs, and there's always releases of different economic data. But the successful investors are the ones that understand that that good outcomes don't don't come from reacting to every headline. Markets will always face uncertainty, but yeah, that's that's not something to fear. That's sort of the price to pay for the opportunity to grow grow wealth over time in the markets. Yes, I guess final message there, Andy, take take a long term view, stay diversified, and you remember, success in markets really comes from those who predict every twist and turn. It's it's won by owning good assets at reasonable prices, businesses that are going to consistently grow the runings over time and are supported by long term structural tails.
00:17:25
Speaker 1: Question, how do markets react to inflammatory headlines at the moment.
00:17:31
Speaker 2: Given what's going on around the world.
00:17:33
Speaker 6: The story of the last two years, Andy has been volatility, so you do sort of see bigger intra d A swings than we would have seen in the past. Trump administrations tend to be headline driven markets and that's that's holding true.
00:17:47
Speaker 2: And you've only said Trump once in this whole interview.
00:17:50
Speaker 6: I almost got through it.
00:17:53
Speaker 1: Craig's ip. You're in that nice new building, pretty warm at the moment. I'd imagine where are you're located.
00:17:58
Speaker 6: Calling to the office at one Street, Gore, or give me a call on three two o nine.
00:18:04
Speaker 2: Tom Shallard always good to catch up, Thanks Eddie.
00:18:09
Speaker 1: Tom Shellard of Craig's Investment Partners based here in Gore. Obviously new world. In that cozy little building they've got, it's not little, actually nice and spacious. Go and see the team as well. Regarding anything you want to know regarding investment.
00:18:21
Speaker 2: Don Moore's up next. There's stop falling by the way.
00:18:25
Speaker 3: Good even when this interview is brought to you by agri Center South branches in Lawnville, Gore, Cromwell, Milton, and Ranfurly. Drop by your local agri Center South branch today.
00:18:38
Speaker 1: He has found Don Moore Farms at Kennington. He's part of the Fonterra Shreholders Council. Don Good Afternoon. The song is Southern Nights by Glenn Campbell. But the Southern days at the moment are pretty busy. It sounds as though you've got calves everywhere.
00:18:51
Speaker 5: Yeah, things are pretty busy at the moment. Yeah, we're probably caught out a little bit. It's we're already just over twenty five percent in through carving, and I haven't finished my window projects, so sort of trying to get some of those ticked off in a couple of hours. We get free in the afternoon and then and then we're back into the next day again. So yeah, it's a busy.
00:19:17
Speaker 4: Time, all right.
00:19:17
Speaker 2: Is it chaos at the moment or are you coping?
00:19:20
Speaker 5: Yeah, no, we're coping. It's it's organized chaos, I would I would say, yeah.
00:19:25
Speaker 2: Yeah, I like that term. It covers a lot of bases.
00:19:28
Speaker 5: Yeah, yeah, yeah, just getting processes are coming into place now. You know, we've got the milky mob and milk going in the vat and the routines starting to settle in. It's just that real busy time when you're getting a lot of carves. You've got a big clossrum mob the cowshed time as a lot, training heifers and calves coming out everywhere. So yeah, no, we're getting there. It's we are getting We're keeping on top of it, we're keeping ahead of it. But it's busy yep.
00:20:00
Speaker 2: Training the heifers. How's that going on the platform?
00:20:04
Speaker 5: Ah, yeah good, it's not so bad in the hearing bone. We run them through a few times over winter and and so, and then we bring our springers and so they so by the time they get to milking, they've they've been through the road up a few times already, so that's not too much of a problem. It's just you know, those cows, those heifers that want to kick their cups off and things like that. But yeah, that's just that's that's carving. It happens every.
00:20:28
Speaker 1: Year, so it's kind of like kids at a school play. They go there and practice and practice. When it comes to the main event, a few of them have the opportunity to go about roguan.
00:20:37
Speaker 2: It does happen, Yeah, it does.
00:20:39
Speaker 5: Yeah, Yeah, you get the occasional one, but most of them are pretty good.
00:20:42
Speaker 2: So as far as you went too projects.
00:20:44
Speaker 1: Remembering not long ago you move down to Kennington, what do you still got to what are you working on still as such?
00:20:50
Speaker 5: Well, all sorts of things. We've got some heifer pins that are half built. We've got heifers in them and in the in the two bays that we've almost finished. And then we're sort of trying to work ahead of ourselves. And I probably got a bit carried away ripping out things with the digger over winter, and I've still got I've still got a few fences to build as well while we're while we're there, So I was out yesterday for a couple of hours getting a fence prepped, and today I'll go and bang in some posts and get a lane finished. And yeah, getting power around the farm's been a bit of an issue. Holt has been a saving grace for that, but still they you know, you still need power on those gates and things, and yeah, so we're working away at it. I had a good, good good win yesterday around getting some power around some more of the farm. So I'll get these, hopefully get these other to this lane finished today in this afternoon maybe, and they're all really help things.
00:21:50
Speaker 2: A digger can be a useful yet brutal tool in the wrong hands.
00:21:54
Speaker 4: Ah.
00:21:55
Speaker 5: Look, it's so enjoyable having the digger on farm and making progress, but then you've got the job of sorting everything out that you've done after the fact.
00:22:04
Speaker 2: That's just the way it goes.
00:22:05
Speaker 1: As far as your feed levels, I mean, we've had a few frosts recently, got cool last week.
00:22:10
Speaker 2: Are you happy with your covers?
00:22:12
Speaker 5: Yeah, yeah, definitely we had some pretty sort of fantastic winter growth and yeah, we had a bit of a wit a week and but look, it's it's not been real with You can still ride around most of the farm on a two wheeler, which this time of the year, that's that's that's pretty good.
00:22:31
Speaker 1: Yeah, it's really good going for the time of year. And it's the same old story. If you've got too much tucker in there. There's still the opportunity of frost, which I think might be forecast over the weekend just to up the buds off as well.
00:22:43
Speaker 5: Yeah yeah, and so yeah, I mean with all the grass, you sort of you want a bit of a dry spring that you can actually utilize. It can be a bit of a challenge otherwise.
00:22:52
Speaker 1: But it's a great problem to have too much tucker. You've got to be got to matte.
00:22:56
Speaker 5: Oh, definitely, yeah, definitely, And we're we're probably oversupplied with winter bayleage. I think we're definitely not going to finish all of that, So that's a good thing. We'll we'll push that through to the next winter.
00:23:08
Speaker 1: So would you say it's been a softer winter than last year if that's possible, will bear in mind you're.
00:23:14
Speaker 2: In a new farming position as well, new spot.
00:23:17
Speaker 5: Yeah, I think it has been. Yeah, if you if you're wet in May, you've got a wet, wet, wet winter. But we had a really good maid and in June here, so that's that's helped out a lot.
00:23:32
Speaker 1: And of course the g d T last week there was a slight rise in there which stopped that run of falls that of seen over the past two or three auctions before that. And it'll be interesting to see where it ends up too.
00:23:46
Speaker 5: It certainly will be. And you know, sort of seeing social media and things of what's happening overseas, there's there's there seems to be a bit of pressure on milk production overseas, and and I guess that might start to play out and we might start to see that in some of the GDT auctions over the next month or two. But yeah, that's something that only time will tell a two.
00:24:11
Speaker 1: People talking about late eight dollars these days for a break even point, I think last season, just on the average of what you heard around eight dollars forty eight dollars fifty was that point. But that extra thirty cents is quite a concern. If that is the case, are you seeing that.
00:24:26
Speaker 5: Well, I mean it's an interesting one. There's certainly some amatted costs and things, but there's been you make sure that you're sort of separate out some extra things that people have done on farm, you know, and there's been a lot of investment on farm and some of that, you know, most of that, yes, that will go into sort of capital, but some of it will get soaked into RNN expenses and increase your farm working expenses that in that way. But it's a positive move and it's a positive spend. So as long as they it's being spent on the right things, then then that's okay.
00:25:04
Speaker 1: So that's how your view this season A hit. Everything's looking pretty positive. To coin that B word.
00:25:09
Speaker 5: Yeah, I'm I'm, I'm I'm positive about how things are going, you know, And obviously we've taken on a lot more debt this year with the new farm, and but we're still sitting pretty positive around what the future looks like over the next couple of years.
00:25:24
Speaker 1: Has it taken you a while to get used to your new surroundings or you knew what was coming?
00:25:29
Speaker 5: Yeah, it's probably more on the social front, to be fair. It's been interesting. It's got got its highs and its lows. And you know, we miss all all of our friends back and Gore and and you know, we catch up with some of them occasionally, but you certainly don't see them daily lot you used to. So that's been the biggest change, you know, and saying for the kids at new school. But but in the cargo's got a lot to offer and and the kids have been into sports and things that they never had the opportunity to do, so so that there's you know, there's some positives and negatives.
00:26:02
Speaker 2: You haven't hear the big smoke traffic lights down there, you know.
00:26:05
Speaker 5: Oh and look, I was hoping to get out last weekend and go for a fish even but no, the way that carving's gone, that's sort of put the cord wash on that pretty quickly.
00:26:15
Speaker 1: Well, it sounds as though everything's happening at once time. We'll be you carry on and good luck with the carving. Sounds like you need it.
00:26:21
Speaker 5: Of all these numbers will be good, but thank you very much.
00:26:27
Speaker 1: Done Moore farming at Kennington. Interesting those status he just talked about. Then over a quarter of his herd already popped out their calves, and you're hearing it in a few places too.
00:26:36
Speaker 2: So while it's like the end of his guns to the gun.
00:26:39
Speaker 1: Well, hopefully everybody gets through all right, because it is a busy time of year.
00:26:43
Speaker 2: It's called carving. Right.
00:26:45
Speaker 1: Kenny Backing is up next from darien Ze talking about carving. Let's have a catch up.
00:26:49
Speaker 2: He's cool. Welcome back to the muster.
00:27:05
Speaker 1: Keevy Buckingham joins us out of dairy en Z Keeley, Good afternoon.
00:27:10
Speaker 2: Carving is around everywhere.
00:27:12
Speaker 7: It is it is. It seems like it's come on suck and fast too for a few people, which is good and bad. Right, keeps it over and done with quicker. That certainly makes us some long days, I'm sure.
00:27:25
Speaker 2: Well, the weather's with you. It's a good thing.
00:27:27
Speaker 7: Yeah, totally. Yeah, and it has been relatively nice for the most part so far.
00:27:34
Speaker 1: Well, I think we do about fifteen degrees with something ridiculous tomorrow. It seems like the tropics when you get to those temperatures.
00:27:41
Speaker 7: Yeah, I was gonna have to get the old pins out for the sun like that.
00:27:45
Speaker 2: Well there you go.
00:27:46
Speaker 1: Hey, talking today about ADLB CAF feeding A lot of calves around and just thinking about all matters are growing.
00:27:54
Speaker 7: Yeah, definitely, So the ad LIB system, I suppose it's one that's come to be more and more popular for the last few years as people get busier and you know a lot of mums out there with kids and toe as well, and twice a day feeding does get quite busy. So ed lib is definitely one of those things that is getting pretty hot out here. And so we're really fortunate that we've had a bit of insight to this. Well, you know, our Animal Animals team up in Hamilton and so there was a lot of chat around ed lib feeding you know, out there online and stuff, but not a lot that has been like researched in New Zealand. And so that team before Carving started coming together and have developed an ad LIB cart feeding guide. So, yeah, that's been specifically designed for you know, the New Zealand system. So that's super cool. That can be found online and so I guess just some key messages to come out of that if you haven't seen it and are going to try EdLib once you get into the sick of carving this year. There are just a few key things too, Yeah, I guess make sure that you've got in mind. So a few of the key points would be, you know, keeping mobs between ten and twenty calves to and keeping those groups consistent sized in the providing The other one around the size is just providing one teat for every three to five calves and making sure that yeah, they're getting checked regularly daily, filling up of drums like from like fresh milk every day rather than putting fresh milk on top of old milk. There's another key one there, and making sure that if you are going to be doing the ad LIB system, to budget for higher milk use and so cold milk might reduce bacteria bacterial growth and the milk, but calves might drink more to compensate for that. So yeah, and the other one just around ed libbers doesn't it's not a satin forget system. So we do still need to be making sure and you know, I'm sure people don't just set in figet anyway, but making sure that if you are going to try that system, to make sure you're checking the calves individually and know the signs of health and illness and so if you Yeah, there's a guide that has been just released I think it was in July, and so that can be found on the darien Zied website around Yeah, it's just called the ad lib Calf Feeding Guide and there and as well. Actually, the other cool new resource that was released just before carving started was the Calf Rearing Guide. And so that calf Rearing Guide it covers everything from setting up calf pens, calf sheds all the way through to you know, the weaning stage and wait and stuff like that. So it's a massive document, but definitely one I was just flicking through it this morning and thinking, man, if I had a new calf rearer on farm, then this would be exactly what I'd be putting in front of them to set them up. Well, you know, don't have to read every chunk of it, you know, the whole thing from start to finish right now, but as we move through the phases, you know from colostteral management, I mean eventually it weened. There's all different sections in there, so really cool guide and.
00:31:18
Speaker 1: We're going to have a good spring here in the south. Touch would But you're just looking at all the positives. Nonetheless having a plan b if you need. It's something to have in your mind.
00:31:27
Speaker 2: Day.
00:31:28
Speaker 7: Yeah, definitely. You know, we've still got a lot of cows on crop, a lot of cows being in spring, of peddocks on pasture, and it is it has been wet, and so just making sure that if you have got cows, you know, outside or potentially still on crop, that we do need to be making sure if the weather forecast is coming in bead that you do who a plan be up your sleeve for taking cows off muddy peedicks, muddy crop peedicks, giving another option if it's needing to chat into the direction and once you're grazing, to avoid wheat patches or where soils might be a bit heavier than those type of things still need to be maintained. I know it is tricky when you're in the depths of carving to remember or to make time for that type of thing. But still those cows, you know, have got a heak of a season in front of them, still in making sure that you know they're not succumbing to any bad weather and making sure that they're still being prioritized. Yeah, it is really important.
00:32:34
Speaker 1: You're in good website. I suppose a few more types of people need them.
00:32:38
Speaker 7: Yes, definitely always on there, especially around that. You know, it'll all be under the wintering tab or information section on there around if it's with crop management. But yeah, the green z website is I think it's home to like eight thousand resources or something like that, so there's plenty of infold on there, including all that newcat we'reing stuff. So check it out and give us a call if you've got any questions.
00:33:04
Speaker 2: You can never have too much info. Keeley, thanks for your time as always.
00:33:08
Speaker 5: Cool.
00:33:08
Speaker 7: Thanks Andy for you.
00:33:12
Speaker 1: Kelley Buckingham of Derry en Z. This is the muster before we wrap up. Hayden Buyers is joining US Coach of the South and Hines. Gwen Campbell providing the tunes on a Wednesday afternoon Wichita Lineman that one there of course, Wednesday Night Country happening at seven o'clock here on Hakanui thanks to regional ford Ism, joined in the studio by Hayden Buyer's name known to a lot of people down here in the South but of course his second year as coach of the Southland Hines.
00:33:47
Speaker 2: Good afternoon, Pecker. How are you.
00:33:49
Speaker 8: I'm very good, Thank you, Thank you Andy, thanks for having me on.
00:33:52
Speaker 1: I spoke to you last year about the Southland Hines and the trials and tribulations of rugby in South and we all know what's going on with the Stags and try to get players and the likes. But look the woman's game straight off the calf, it looks to be in a pretty good place.
00:34:06
Speaker 8: Yeah, it isn't a good place. I mean probably this year with the club rugby we had one team less than what we did did last year, but that sort of galvanized everybody a little bit more and probably made it a tougher competition because when we got to that final this year, it was a really good game of footy to watch and quite proud. It just went to another level, which is probably helped the hinds Awee bit with the start of their campaign this year as well.
00:34:33
Speaker 1: You know, the emergence of Pioneer making it to the final start taking out the price, but just to get there. And one good thing about Star as well, I think they're putting in women's facilities. A lot of Pioneers already done that, and you see a lot of recognition by the clubs regarding the women's game.
00:34:48
Speaker 8: Yeah, absolutely, the ones that do have the women's team, so certainly are making the facilities a bit more usually friendly for those women playing, And yeah, it does make life a lot easier, and we try to use those socileties as well because the girls know they're there and like to use that. You know they're there to be used, so it's good.
00:35:08
Speaker 2: Were numbers an issue at all?
00:35:10
Speaker 8: I think it was only about that first round that we sort of had to buy a mismatch, or I wouldn't say mismatch a default, but we got through pretty much the rest of the season. We had a rule this year that if the team didn't have enough players, it was game one anyway, and they just had to match numbers. So I think one time Wakatapho had to come down to Pioneer with maybe only thirteen I think it was, and the game still got to be played. So yeah, that's just you've got to take your hats off to those rocket girls that do a lot of traveling sometimes.
00:35:47
Speaker 1: Yeah, so the hinds as such, you're into pre past preseason, I suppose not far off kickoff if you haven't done it already.
00:35:54
Speaker 8: Yeah, we've had one game already against Canterbury Mary Wahini. It was a good game up there at just at omor South of omor Mahino And yeah, we had a good good win at thirty nine points to know, which is kind of quite good because if we look back on the team that we had last year, there was only five players that had come through from last year that were still playing this year. So a new bunch of girls and a different sort of ending really for the same team that we plaid last year.
00:36:29
Speaker 2: So are you pretty realistic about player turnover?
00:36:34
Speaker 8: I think it's just something that happens in the woman's game. You know, they've got bigger responsibilities than probably what the males do. On the other side. We males go to work and turn up and sort of thing where you get a dear said a woman that falls pregnant, well playing pregnancy, and you know they've got a lot more time out of the game than what a male would, if you know what I mean, in the same same scenario. And there's a few girls that have gone overseas and we've lost a few girls to university from last year's team. So that's just I think that's just what Southern rugby is going to have to put up with for quite a while really.
00:37:14
Speaker 1: So the ones who want to play for Southland as such, for the Hinds, they've just got to be prepared to put in the effort just realizing it is what it is.
00:37:23
Speaker 8: Yeah, yeah, Yeah, that's pretty much. It's just we we set our goals and we've got our objectives that we want to achieve type thing, and we run it past them, and I think we're realistic of where we want to go and what we want to be as a team down here type thing. We want to be competitive. That's probably the first thing. To get a result like we did on the weekend was probably a wee bit surprising.
00:37:48
Speaker 7: But.
00:37:50
Speaker 8: It just goes to show that maybe also us as coaches, myself and my other two we've got we understand it a bit more better than what we did last year and are targeting things alley bit you know, differently. So hopefully I just see the camaraderie and the team and the feeling and the teams a lot further ahead. It's where we finished last year and we just started this year. So it always helps.
00:38:15
Speaker 1: And I dare say you've got a good affiliation with Rugby South as well off the side.
00:38:20
Speaker 8: Yeah, definitely, there's a lot of support with Rugby South on behind the women's game. You know, it's part of what's out there. You see it on Facebook. It just gets as much part of the club rugby gets as much as what the premier rugby type carry on does. That final that we had, you know, Pioneering Star in the final, there was just the same amount of crowd as what was there for the Barberian's Old Boys game and to be fair, they are two bloody good finals to watch. It was a pleasure to be there.
00:38:53
Speaker 1: So what do you do as far as practice? How many practices a week? Because I like the old club routine Tuesday and Thursday or how do you.
00:39:00
Speaker 8: Yeah, it's like our club routine. Last year we shifted our trainings around, like we'd have a week in Gore, a weekend of Cargo in a weekend probably Winton. But this year, we're just staying at Winton. The girls on their feedback last year just wanted to have one base, so we're just sticking with that. We're going to Winton because it just saves a bit more travel for those Queenstown girls coming down because our travel in the furthest.
00:39:26
Speaker 2: Yeah.
00:39:26
Speaker 8: So and we turn up. We trained for an hour and a half, an hour and a quarter sort of thing, and on Thursday nights we'll get together and we have a meal afterwards. We have team challenges that part of the team's putting a meal on, so it's we call it dinner wars. And there's a bit of strategic voting going on at the moment, so it's a lot of fun.
00:39:47
Speaker 2: You'll bring a bit of venison on the space.
00:39:49
Speaker 8: Ah yeah, I got a wee bit of venis in there. But apparently it's my turn to cut this week and they've given me potatoes, So sorry, girls, you're just on potatoes chips. Oh no, it's going to be baked potatoes, I'm afraid. So there we go.
00:40:01
Speaker 1: So I'm looking at your agenda for the next couple of for the few games you've got coming up, and you will say a few games, well, there are a few on the horizon. This weekend you've got Tasman and a Target development in Dunedin. Okay, use a target development as an example. What's the difference between Southland and Otago and women's rugby?
00:40:20
Speaker 2: Is it resources?
00:40:23
Speaker 5: No?
00:40:23
Speaker 8: I think probably to be fair, their club competition is slightly a wee bit better. You'll probably find that they're average age with university students bring it down a web. I don't want to be just slightly a wee bit faster. They've got the Spirit there type thing. I noticed. I've seen the two teams come out and a Target Development squad is not a very big squad. So I'd imagine we go to play them, we're going to have a few of the Spirit girls being dropped down to play against. I think they're backs. They've only named eight backs, so that's you know, there's seven on a paddock and there's got to be a couple of three reserves there. Some way say so it's economy a scale, Yeah, economy a scale type thing.
00:41:08
Speaker 2: Yeah.
00:41:08
Speaker 8: I don't think we you know, you'd look at south and Rugby, we couldn't name two teams. We know, two quality teams like they've they've done that there. But in saying that, if you look at the two teams, there's a few few Southern girls in those ex Southern girls that are all in those teams too, So that's good to see. But it's one of those things that if we went to the next level, maybe we would have some of them would filter back into Southern rugby. And you know we're the NPC's on the cards that that might that might be something that would boost the Southern squad. If you understand what.
00:41:42
Speaker 2: I'm saying, how are you enjoying the role?
00:41:44
Speaker 8: I I enjoy it. The girls make that enjoyment. Yeah, it's it is different to the boys type. Carry on. There's not a lot of egos out there. And the woman rugby longs. You know, you've got to care about them and if they know that you care about them, they'll just about to do anything for you. So No, I love love the roll to bits, absolutely because the feedback you get from them, so and the wee bit of ban is kind of you know, just nice.
00:42:20
Speaker 2: Ye Camaraderi will be a big thing.
00:42:22
Speaker 8: Yeah, absolutely absolutely, and that pretty quick. When I do something wrong or say something wrong, put me in my place. But You've just got to take that with a grain of salt type carry on because I'm not the biggest upfront speaker at times and stuff like that. So yeah, we get there.
00:42:38
Speaker 1: Actually speak out of them. Whereas hey, Hayden, thanks for coming in this afternoon. You get to listen to this, you lucky bugger, laugh.
00:42:45
Speaker 5: Out loud with ag proud because life on the land can be a laughing matter.
00:42:50
Speaker 1: Brought to us by sheer Well Data working to help the livestock farmer.
00:42:54
Speaker 2: Firstly, if you've got a damn joke you.
00:42:55
Speaker 8: Want to do, No, I don't have a Oh no, I don't have a You should have prepped me a bit for for that. It would have come up with something and my kids will be horrified. So now I'll leave you to you.
00:43:04
Speaker 2: What do you call an army of chales mildiary military?
00:43:10
Speaker 1: And hey you going on your haiden, Thanks for coming in and all the best for the season that we're always going to always.
00:43:16
Speaker 8: Appreciate you to nah, thank you very much.
00:43:18
Speaker 1: Hate them buyers there. Wrapping up the Master Amandy Mure. Of course, the podcast is up shortly annoy Heart Radio. The show is brought to you by Peter's genetics, enjoy the afternoon, say tomorrow,
