Although we would love to have money in our pocket that doesn't have to be repaid, we live in a globalized world and are concerned about trade. We're committed to living in that reality.
What we need is the ability to allow our producers to have a chance to make an intelligent business decision to either stay in or to get out, and because the hole is so big, we need a loan program that comes in behind the banks, where we think there is security there, plus the opportunity of a GSA at the kinds of levels that producers are requiring to fill the cash gap.
Secondly, we do think there is a possibility with an APP with the appropriate changes, if that's the vehicle that wants to be used. We think the dollars that were announced in that program are probably somewhat adequate, if three changes can be made.
First is the requirement for security ahead of the banks. If they come in behind the banks using inventory as security, that would work. Second is a change of the link to CAIS. Third is something to do with the definition of a producer, so that some of our more efficient larger producers have a chance to make use of this facility. Also, there's the six-month clause, if there's some way to adjust that to make it more realistic.
There are some options perhaps within current programs. The main issue that has to be addressed is liquidity. Even with that, the path ahead for our producers is difficult and it takes a tremendous commitment. But if we're not careful, we're going to lose critical mass here in this country, and if we get below critical mass, all of a sudden there's a downward spiral that we probably can't change.