Thanks for that question.
It was, first of all, a great victory for the work of the Government of Canada. We fought for close to five years in a legal dispute to get through that.
The rules were unfairly discriminating against the exports of live cattle and hogs to the U.S., which meant that every time we sold an animal, there was a discount of around a $45 a head on Canadian animals going south, either as feeder cattle or as animals direct for processing down there. That reduces the price spread, so there's an immediate price impact there, but for the longer term the demand for Canadian cattle and hogs in the U.S. will increase.
I've visited a number of feedlots where we've talked about the quality of our beef. The quality of our cattle is among the very best in the world. They believe the cattle they import from Canada have the best rate of gain, and they're the most efficient animals they feed all year. That increases the price of every animal in Canada, whether we feed and process them in Canada or export them. Getting back to a functioning and integrated North American market is great for our industry, and we believe it will start to spur more growth in our herds.