Sure. Again, I would reflect the same comments. The United States is the single largest softwood lumber market available to us, and we're very fortunate to have them just south of our border.
I think part of the answer to that really depends on the types of products that we are able to produce in the various regions, and what the actual application is for the species, the size of the lumber and so forth.
In our case, we produce stud lumber at all three of our mills. Just for reference, stud lumber is the vertical member that goes into a wall panel. We've intentionally moved in that way because of the size and profile of the logs in our area. When you look at the markets available for stud lumber, it's really dependent on those markets that are very similar to Canada in terms of the building codes they have, which is Canada, the U.S. and Japan.
We also have value-added products. We produce pellets for sale. Historically, they had been going over to Europe, and more recently, they're now almost 100% going to Asia. I think that value-added products do open up some other opportunities in terms of different markets that we could potentially explore, but the challenge is the volumes and being able to move volumes around. Just like Jean-François just mentioned, it does take time to develop those other markets and make sure that the transition is done effectively so as not to cause too much disruption.