The cost of running a farm is surging. 

ANZ's latest Agri Insights report, which used data from more than four thousand farms over five years, found costs across the board were 27% higher than before Covid. 

It was driven largely by increased labour and input costs, such as fertiliser. 

Lincoln University’s Dr Jacqueline Rowarth told Mike Hosking that the farmers who buy retail and sell wholesale are the ones feeling the pinch.  

She says there are some sectors who, although their land may have cost more in the beginning, are getting better returns per hectare, and the gap between the top farmers and the average ones has increased. 

LISTEN ABOVE 

The cost of running a farm is surging.&nbsp;
ANZ's latest Agri Insights report, which used data from more than four thousand farms over five years, found costs across the board were 27% higher than before Covid.&nbsp;
It was driven largely by increased labour and input costs, such as fertiliser.&nbsp;
Lincoln University’s Dr Jacqueline Rowarth told Mike Hosking that the farmers who buy retail and sell wholesale are the ones feeling the pinch. &nbsp;
She says there are some sectors who, although their land may have cost more in the beginning, are getting better returns per hectare, and the gap between the top farmers and the average ones has increased.&nbsp;
LISTEN ABOVE&nbsp;

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Open your mind to the world with New Zealand’s number one breakfast radio show. Without question, as New Zealand’s number one talk host, Mike Hosking sets the day’s agenda. The sharpest voice and mind in the business, Mike drives strong opinion, delivers the best talent, and always leaves you wanting more. The Mike Hosking Breakfast always cuts through and delivers the best daily on Newstalk ZB.

Open your mind to the world with New Zealand’s number one breakfast radio show.Without question, as New Zealand’s number one talk host, Mike Hosking sets the day’s agenda.The sharpest voice and mind in the business, Mike drives strong opinion,...

The Mike Hosking Breakfast

Dr Jacqueline Rowarth: Lincoln University Adjunct Professor in Agriscience on the increasing cost of running a farm

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/d9d9735e-5f7d-4b88-9a5f-b412014bb350/transcript

Moana Pasifika boss Debbie Sorensen claims the franchise are a victim of an increasingly difficult economic climate. 

They're set to disband after the Super Rugby season unless another backer is found. 

Sorensen —who is also chief executive of the Pasifika Medical Group which owns the franchise— is withdrawing financial support. 

She told Mike Hosking it's a compounding problem – people don’t have the income to buy memberships or travel to games due to the petrol problem. 

Sorensen's added that Super Rugby is under threat from league's NRL, which she describes as an "aggressive sophisticated machine." 

LISTEN ABOVE 

Moana Pasifika boss Debbie Sorensen claims the franchise are a victim of an increasingly difficult economic climate.&nbsp;
They're set to disband after the Super Rugby season unless another backer is found.&nbsp;
Sorensen —who is also chief executive of the Pasifika Medical Group which owns the franchise— is withdrawing financial support.&nbsp;
She told Mike Hosking it's a compounding problem – people don’t have the income to buy memberships or travel to games due to the petrol problem.&nbsp;
Sorensen's added that Super Rugby is under threat from league's NRL, which she describes as an "aggressive sophisticated machine."&nbsp;
LISTEN ABOVE&nbsp;

Debbie Sorensen: Moana Pasifika CEO on the league exiting Super Rugby at the end of the season

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/aa00ef6b-41a4-4bef-a959-b42d015f2559/transcript

There’s astonishment at the Pope standing up for himself against Donald Trump. 

The US President accused Pope Leo of being terrible for foreign policy on Monday after the pontiff's criticism of the war on Iran and immigration crackdowns. 

Italy correspondent Jo McKenna told Mike Hosking the Pope's reaction was quite incredible. 

She thought he'd avoid the matter, but confronted it head on instead, showing he has no fear of Trump. 

But the fallout from the rift between the US President and the Pope is growing, as one of Trump’s closest allies speaks out.  

Italy’s Prime Minister Giorgia Meloni says she disagrees with his comments, meanwhile, Trump says Meloni lacks courage, in light of her failure to join the US attacks on Iran. 

McKenna told Hosking it's fair to say the honeymoon stage is over, but this could be a gift for Meloni, as her voters generally don't like her relationship with Trump. 

LISTEN ABOVE 

There’s astonishment at the Pope standing up for himself against Donald Trump.&nbsp;
The US President accused Pope Leo of being terrible for foreign policy on Monday after the pontiff's criticism of the war on Iran and immigration crackdowns.&nbsp;
Italy correspondent Jo McKenna told Mike Hosking the Pope's reaction was quite incredible.&nbsp;
She thought he'd avoid the matter, but confronted it head on instead, showing he has no fear of Trump.&nbsp;
But the fallout from the rift between the US President and the Pope is growing, as one of Trump’s closest allies speaks out. &nbsp;
Italy’s Prime Minister Giorgia Meloni says she disagrees with his comments, meanwhile, Trump says Meloni lacks courage, in light of her failure to join the US attacks on Iran.&nbsp;
McKenna told Hosking it's fair to say the honeymoon stage is over, but this could be a gift for Meloni, as her voters generally don't like her relationship with Trump.&nbsp;
LISTEN ABOVE&nbsp;

Jo McKenna: Italy Correspondent on the dispute between Donald Trump and Pope Leo, growing rift between Trump and Giorgia Meloni

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/27cf4000-7470-4249-abe9-b42d015a3f98/transcript

The Government’s looking at ways to give businesses long-term certainty about fuel. 

Latest figures show we have 56 days of petrol, 45 of diesel, and 47 of jet fuel either here or en-route.  

Associate Energy Minister Shane Jones told Mike Hosking officials are considering what additional information they can release. 

He says the real plague is uncertainty, and it's not a bad idea to further mend the uncertainty in the business community. 

LISTEN ABOVE 

The Government’s looking at ways to give businesses long-term certainty about fuel.&nbsp;
Latest figures show we have 56 days of petrol, 45 of diesel, and 47 of jet fuel either here or en-route. &nbsp;
Associate Energy Minister Shane Jones told Mike Hosking officials are considering what additional information they can release.&nbsp;
He says the real plague is uncertainty, and it's not a bad idea to further mend the uncertainty in the business community.&nbsp;
LISTEN ABOVE&nbsp;

Shane Jones: Associate Energy Minister on the fuel crisis, businesses seeking long-term certainty

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/027a9755-15b3-4b81-ae83-b42d0156cf81/transcript

Dr Jacqueline Rowarth: Lincoln University Adjunct Professor in Agriscience on the increasing cost of running a farm

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