Jarden’s head of commodities says giving only a cursory view you would be forgiven for being excited by last night’s unchanged GDT auction result, [WMP 0.2%, SMP -0.4%, AMF -1.8%, Butter 1.1%, and Cheese 1%] when of course the devil lies in the detail. Given how the index is compiled, he says the flat overall result may hide some of the more dramatic moves in the numbers that count to New Zealand dairy farmers.

<p>Jarden&rsquo;s head of commodities says giving only a cursory view you would be forgiven for being excited by last night&rsquo;s unchanged GDT auction result, [WMP 0.2%, SMP -0.4%, AMF -1.8%, Butter 1.1%, and Cheese 1%] when of course the devil lies in the detail. Given how the index is compiled, he says the flat overall result may hide some of the more dramatic moves in the numbers that count to New Zealand dairy farmers.</p>

Jamie Mackay delivers your daily fix of everything going on in NZ's biggest industry, along with a generous side-serve of news, sports and politics. The Country from Newstalk ZB, Hokonui and Gold Sport.

<p>Jamie Mackay delivers your daily fix of everything going on in NZ's biggest industry, along with a generous side-serve of news, sports and politics. The Country from Newstalk ZB, Hokonui and Gold Sport.</p>

The Country

The Country 19/03/25: Mike McIntyre talks to Jamie Mackay

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/03d6dae3-6c33-4d61-ae37-b2a50002d7c7/transcript