I would go with trying to say that as we move into periods where hopefully we see better pricing, I would like to think that the herd expands again. It's an integral part of the industries I'm in to have that expansion, and that's what we're hoping for.
I do qualify that the United States has actually gone through a long period of relative profitability over the last 10 years in their producer group, and they have not had an expansion. One of the things we need to keep in mind is that the people pressure, especially in the United States, is starting to limit agriculture. Even though the desire for expansion might be there, we might not see the same expansion as the normal market signals would send. But I would absolutely hope for that.
The cattle industry in Canada has been through an incredible expansion. Sometimes we don't look at that. Since 1985 we've actually been on a 23-year expansion. I think we have to expect some contraction. During that time, the United States actually did not expand at all. I'm hoping for an expansion, but I do think it won't be quite as big as what the normal market signals. The best thing, or what I would like to see, is that the producers are making lots of money and they all want to be in the cattle business.