Thank you, Mr. Chair.
I'd like to make a point. I think Mr. Maynard made a good point when he spoke about the new entrants program, and he said that government should stay out of it. I think that was a wise comment, because if I take my home province of Ontario, I think they've done a fine job managing it themselves, and quite likely the provincial government or the federal government would have helped enough to screw it up. So I think that's good that we've stayed out of it.
The first question is for Mr. Davies. There was an article in the Globe and Mail yesterday, and I've had meetings with renderers as well on the price of fat that would go into feed processed at a mill. It was $300 a tonne a few years ago, and it was up to $900 a tonne, and in fact in August it was as high as $1,200 a tonne for the fats that provide the energy in the feed. In your sector, what is the risk associated with this increase in price? Obviously this falls into your cost of production, but in the long term these prices will start to have an impact. What is out there in innovation to help counteract this?