Nate Belcher

So.

The price difference kind of going away from that 85 and being more of an 85 to 125 range allows us to bring some genetics to market that they may not yield very good for us in the seed field, even though they're phenomenal combos.

They cost us a little more to bring to market, but it still makes total sense.

So even though everything's not at 85 bucks, you know, 105 is still a good deal.

125 is still a good deal.

It's just more of a cost of goods thing.

Like in a bag, like a retail cost?

You're well over $100 plus minimum.

I mean, let's put it this way.

So for us, you take out the trades, take out the licensing, take out all those royalty type payments.

It doesn't cost us or them like...

Corn seed production is a competitive market, right?

So there are companies that all they do is contract.

They produce corn seed.

For us to put 80,000 kernels in a bag, it doesn't cost the big boys any more than that to put those 80,000 kernels in a bag.

If anything, it's cheaper because they're doing it at a scale that's huge, right?

They're bigger than us.

Now, you could argue there's a lot of research that goes in.

The argument that they would say would be there's a lot of research, you know, R&D,

a whole host of breeders, you know, logistics, all that.