I guarantee you it will improve as we move on to Jim.
I appreciate this. I always find this a humbling experience to be in front of such a talented group.
This issue of competitiveness is really chronic in our meat industry today. Anybody who's involved directly in this packing industry will have to agree with that. One is the SRM, and I come back to where two or three years ago this committee—I know some of them are in this room—recommended that the packers have to look at that policy. I was a supporter of that policy, but we might not be able to afford this luxury. As I said, we've seen some drastic moves, and there are other drastic moves in the meat industry threatening, believe me.
Capacity: we have capacity in this country. We were asked by this committee a couple of years ago to increase capacity. We did that willingly. There was money in the business, and we reinvested. We can compete globally. The quality that we're producing today is much superior to that prior to 2003. We made good product in 2003. We've invested in interventions, food safety initiatives, better chilling capacities, etc., so we can compete globally. But we are a little bit hooked on policy--a little bit; it's a major issue.
The other thing we're going to ask of this room is that we also impose random E. coli testing on imported beef into this country. We currently do that when we export, so we're asking for the same scenario on imported. With that again, I can go on and on, but I'd like to leave it for questions for this group, and I'll move my time to Jim.
Maybe I'm leaving you too much time.