In the current system of bonding, as has been explained to us, it's fairly expensive for companies to be involved and to be bonded. It's a cost to companies.
Not all companies have a bond. There are some companies out there, as Elwin said in his presentation, that are not bonded. They have different methods and different types of security.
For us, the cost of bonding is part of a basis that we pay on having every tonne of grain out there. Insurance of deliveries is absolutely important. For me to move 4,500 or 5,000 tonnes of grain a year...I'm moving 80 tonnes a week on average. For me to maintain that payment on $500-a-tonne grain, I'm looking at $30,000, $40,000, or $50,000 a week in grain sales. For me to just allow...on those kinds of things, I need assurance that those sales are there.
We do some bonding to unlicensed companies. A small portion is there. But it's very important.... Bonding, in the past, was felt to have been a holdback to small companies trying to get in. The bond can be prohibitive to them to enter into the industry, or that's what we've been told. The insurance may be a different thing. But from our perspective, the security for.... As our grain farms grow, it's going to be a very important part of managing that. As I said, I put a lot of that on the line every week.