Actually, that's what we said. Clearly--look at the inventory numbers--we saw our industry reduced by another 5% this past year. In some years, the cow numbers were down more. In the last seven years, we've gone through four what I'll refer to as 50-year events. All of them have created tremendous trauma, particularly in the beef cattle sector.
The question when you're a producer is, what is the light at the end of the tunnel? If you take a look at it, a fair number of producers are retiring. Some had delayed that and others are just fatigued from everything that has gone on. There are clear challenges.
As I indicated, we believe that one of the things we need to do is address our business risk management programs. We still have serious concerns about how they're operating. They need to be addressed. For people looking at the industry--and there are decisions about people entering the industry as well--what's the future of the industry?