You're absolutely right. At this point in time, we've seen packer consolidation within North America as a trend for decades. Of course, there are economic reasons for that. I think if you looked around North America you'd probably conclude, based on who's still in the game, that the most efficient and productive cattle processors handle between 5,000 and 7,000 head per day--hence the economies of scale and fewer processors.
As an industry, as producers, we're concerned about future packer consolidation. For us, it's critical that we have access to U.S. processing capacity as a third, fourth, and fifth bidder on Canadian cattle. We see that as critical to ensure that we have transparent price discovery in Canada.
I'll leave it at that.