Yes. OK.

Does everybody at the table agree that there needs to be changes in the contract on wheat?

So who makes the money off that?

If you do all those things, won't this money go to an overseas market?

But there is some risk?

What do you attribute the tremendous increase in activity in index funds, especially as related to commodities?

So people are going to start loading out of CME to somewhere else in the world if it is not fixed?

Do you think those have any impact at all on price swings? Do you think the average investor who is being told to invest in an index fund has any idea about what the risks associated with that are?

The American consumer did not win, but the American farmer sure as heck did not win either.

OK. Does the higher volume generated by the commercial index traders actually increase liquidity or decrease liquidity, in your opinion?

So let me go to you, Mr. Strongin. Have I got this right, that I could actually buy an index fund, pay the storage cost, and net about 4 percent versus the cost of my money, if nothing changed in terms of the price of the contract and I…