Thanks, Chair.
I want to just go back to the insurance-based programs. I say that because we've had lots of good discussion here in committee about insurance-based programs. Also, Allan Ling made a comment that, from his point of view, that's the number one program, followed by others.
Travis, you were talking about an insurance-type program for the livestock sector. It can be a bit confusing because there are insurance-based programs and then there are cost-of-production-based programs, which are completely different. They're easily confused if they're not well explained.
I'm wondering if you could first explain to the committee this insurance-based program for livestock. How does it work exactly? What would a farmer do? What's he insuring himself against?