my naim is rick calhoun. i look for carhill of minh yap lils. some young traders just recently gave me an article that was written about carhill. it says big traders need more grain. it was from january 4th of 1964. i said even i'm more current on my reading than that. he said, no, i gave it to you for a reason. i think you're from that era and you'll get this. there's a quote quite telling. sooner or later the visitors is bound to hear at least a thumbnail description of what the value they bring to grain. it's a guiding principle that everybody knows by heart. and it's what the grain division does is buy grain and appoint a surplus and carry it or move it to a pointed deficit. or we buy it at a time of surplus and carry it to a time of deficit. our profit comes from being able to do this at a little lower cost than the competitor, or at least most of them. that's really sophisticated head di stuff, not really. that was half a century ago. and it is a long time ago, but the fact is even though the world has changed dramatically since 1964, some