I'd like to discuss the topic of the reference margin, which is calculated using the Olympic average—in other words, the last five years of a producer's margin. Remove the highest and lowest margins within that time period and average the remaining three years. There's been a lot of criticism of this program, and I was wondering if you, Mr. Brennan, would have any specific ideas on this.
On December 6th, 2011. See this statement in context.