Gareth Vaughan looks at how the major rural lenders are placed as the screws tighten on the dairy sector

*This article was published in our email for paying subscribers. See here for more details and how to subscribe.

We welcome your help to improve our coverage of this issue. Any examples or experiences to relate? Any links to other news, data or research to shed more light on this? Any insight or views on what might happen next or what should happen next? Any errors to correct?

We welcome your comments below. If you are not already registered, please register to comment or click on the "Register" link below a comment.

Remember we welcome robust, respectful and insightful debate. We don't welcome abusive or defamatory comments and will de-register those repeatedly making such comments. Our current Comment policy is here.

1 Comments

The Magpies

When Tom and Elizabeth took the farm
The bracken made their bed
and Quardle oodle ardle wardle doodle
The magpies said
Tom's hand was strong to the plough
and Elizabeth's lips were red
and Quardle oodle ardle wardle doodle
The magpies said
Year in year out they worked
while the pines grew overhead
and Quardle oodle ardle wardle doodle
The magpies said
But all the beautiful crops soon went
to the mortgage man instead
and Quardle oodle ardle wardle doodle
The magpies said
Elizabeth is dead now (it's long ago)
Old Tom's gone light in the head
and Quardle oodle ardle wardle doodle
The magpies said
The farms still there. Mortgage corporations
couldn't give it away
and Quardle oodle ardle wardle doodle
The magpies say.

Dennis Glover
Artists are people who make us see the world differently. Altho' Glover may not have been the greatest poet of all time he was an entirely real one, but he has always been easy to underestimate because his versification is so domestic and so easy on the ear that one doesn't notice how skilful it is. Ars celare artem. Once you know this poem, whenever you hear a New Zealand magpie call, you will hear it as Glover tells us to hear it: magpies say ``Quardle oodle ardle wardle doodle''- they really do. Ask any New Zealander. The fact that is actually quite a good wee poem about what the Great Depression did to farming is a pleasant bonus that is in danger of being overlooked.
Janet Paul once told me that I was better company than Glover because he was drunk all the time. I treasure this compliment: to judge by the poetry he wrote Glover must have been very good company indeed. (memo to self: stay off bottle!)

https://www.dpmms.cam.ac.uk/~tf/poem10.html