I wouldn't call them mistakes made from hedging. In fact, I have to say I'm six weeks into this job, and a lot of these things I'm looking back on. We've had a very volatile market, and when we're giving people forward prices—and these are forward prices—you have to understand that they have to be hedged in the futures markets.
The main area or the main liquidity in the futures market is generally the first or second contract position in the futures market. It's not always possible to place hedges in further-out months in the volumes that you would like, so you take some risk. Everybody who offers a farmer a price takes some risk associated with the execution of the hedging of that product, and it would be no different in the case of the Canadian Wheat Board.
We are talking, you have to remember, in very large volumes here, not just small volumes. We are talking very large volumes and very large throughput numbers. The revenue of the Canadian Wheat Board in this year will be somewhere in the order of $5 billion.