Thank you, Mr. Chair.
I just have to go back to this. I will try to state it as clearly as I can. When someone suggests that you've lost $100,000, if you have made a contract for a $10 canola that you should have delivered in November but isn't delivered until March, you still get your $10 for your contract. You haven't lost a cent. It's the storage and everything else. That is the point. As for what might have happened to the market in the meantime, it might have gone down and there might have been spreads as far as the basis is concerned if you were selling other grain, but not that which you have marketed.
When we continually say that on the contract side it was lost, that isn't accurate. If you want to say that for the grain you have left in your bin, the grain that you could have contracted, there's been a change as far as the market is concerned, and you're being squeezed by the basis, I agree. But until you sell it, that hasn't taken place, so when we say that the contracts are going to be an issue in this case, it isn't accurate.
Thank you, Mr. Chair.