Would you be able to kind of get into the nuts and bolts of that and just tell us, okay, what, what are we waiting for? How important is this ammonia, and is there a replacement, like some people talk about nitrogen, um, or is that not sufficient?

Yeah.

So, uh, the, the region has really I, I'd say has become a big fertilizer provider just over the last 20 years or so.

You know, the, the...

Of course, it's produced oil for, for many, many years.

Natural gas, one of the byproducts of that production, often was seen just as a waste product.

What, what a, a number of firms in the region started doing, of course, was making nitrogen fertilizer out of that natural gas and, uh, and then also it's exporting liquified natural gas, which is used by other countries like India as a feedstock into fertilizer production.

How much of a threat do you think that is? Is that something you worry about?

So with those introductions, let me hand the microphone over to Joe.

Great.

No, thanks very much, Chris.

And I'm very much looking forward to the discussion today.

I think as Joe mentioned, yes, we're looking at a potential very large El Nino event, which has already started, is already affecting some areas, which I think Emerita is going to get into in just a few minutes.

But this is coming on top of a lot of other things that have happened this year.

We had several years following 2022 where global markets for grains and oil seeds generally were, prices were falling and we had sufficient supplies and markets were working better.

What can you tell us about our ability to monitor these global trends in the way we need Do we have the systems and the data to keep a close eye on these issues?