The bond is seen by the grain companies as a cost of doing business. As Elwin pointed out, $600 million is tied up. It's not put to use. It's not building a business. The grain companies were adamant that we needed to move away from the system.
We have questions about the insurance-based model because we don't know what the cost is. We don't know how it will change the competitiveness. It is difficult to endorse a change when we don't really know whether it's going to unlevel the playing field between companies.
Many grain companies will say they're concerned with having to be paying an insurance premium when the beneficiary is the farmer. Many grain companies will say it's not needed; bonds weren't needed, and we don't need to have an insurance program either.