Thank you very much. It's a pleasure to be here. I'll be quick.
Dustin has made many of the points that we want to ensure that you hear and repeated the topic of biofuels as our market diversification strategy.
I want to note that market diversification takes time. It is not something that we are reacting to or putting forward as what we want to see right now as a result of some of the tariffs we've just experienced. This is a strategy that our industry has been working on for years. I would say that's evidenced by the investments in canola processing that have been on the table and worked on here for perhaps about five years. We are starting to see that come to fruition.
We anticipate that by the end of 2026, we will have the processing capacity to process about 75% of our canola crop here in Canada. That's incredible.
I just want to reiterate that we are working hard to create new markets and new opportunities for canola farmers. Canola farmers need open and stable access to markets, and the canola industry has been very much committed to and focused on this. While China is important to us—we anticipate that it will be—we see this added opportunity, and there are details that are important to us to get right in order to increase the domestic market share.
Thank you very much.