First, I have not seen any statistics on the retail value of beef in the U.S. relative to Canada, so I can't answer that, although it would be an interesting question to have answered.
Speaking of captive supplies, from my understanding, captive supply legislation has basically been implemented state by state. It hasn't been implemented federally in the U.S. Consequently, it is not uniform state by state. It is an issue that comes up in the Canadian industry. It is an issue that clearly comes up in the U.S. industry as well.
This is our concern. Clearly, market power shifts from time to time depending upon the availability of supply, depending upon demand, and there are efficiencies for processors to ensure that they have enough cattle ready on-site to optimize their kill every day. In fact, manufacturing plants have to run at a certain level of capacity in order to be competitive and profitable.
I have not seen a real recent study regarding captive supply. The study I have seen is several years old, but it was a Canadian study. At the time, it concluded that the efficiencies the packers gained by being able to procure cattle and have them available to ensure that they could kill steadily and process steadily every day of the week, those efficiencies that they gained--and then, of course, they were able to compete with other packers and then pay more for live cattle--at times outweighed the times when they had all the market power and by owning those cattle they were able, in fact, to offer less, because both situations happen, depending, again, on availability of supply. I will say--