In response, Mr. Chair, that's exactly opposite to what I have said. When you have these prices that you have contracted in November, that is the price you are going to receive. The basis, the spread of the basis, came about because of them saying, “Hey, we can't move this now, so don't bring in any other grain that we have to deal with.”
You know what your price is. If you say that you're going to get $10 for canola in November, once you deliver it that's what you're going to get. You're not going to have a loss in that particular timeframe.
Unfortunately, as I indicated, we are putting these two things together and we're making this assumption that it's like when the stock market goes down, that you only made that loss when you sold at the bottom. The reason why it is where it is was that they were saying they could not take it. That's why the spread was there. You have to look at all aspects of it in order to make a wise decision to work our way through it.