Thank you for that question.
The rapid expansion of the biofuels industry in North America is on our radar screen and is a concern. We have established a task force to study the issue. At this point in time, we haven't been privy to or don't know of any broad studies available showing how the beef industry may be restructured in North America as a result of this quickly growing industry.
Our concerns do not lie with grain producers; grain producers, we believe, are partners in production with us. We recognize there has to be profit potential for them to continue to produce feed grains. But we are concerned about a competitor for feedstuffs for the cattle industry, one that has access to very significant government support within various jurisdictions in North America. We are particularly concerned about a drought year, or a scenario where there would be a shortage of feed grains within North America; it would be very difficult for the livestock industry to compete in that scenario with a subsidized biofuels sector.