So it’s unfortunately just going to be another waiting game to get to next summer for the first glimpse and then fingers crossed as we start the next harvest season next November, December.
Gerard Sweeney: Got it. Going back to the insurance part. Federal relief, any updates on that? I know that’s going to be a process, but if anything has moved in the last week or two, a couple of weeks?
John Kiernan: Yes. Unfortunately, and this is starting to sound like a theme, but unfortunately, we don’t have a lot of good visibility that’s come out of Washington. Most likely is not going to be a state-driven program. It’s almost entirely going to be dependent on kind of federal funding. And we are in kind of wait mode. We’re working very closely with Citrus Mutual, our industry trade group. That’s kind of the point on this initiative on behalf of all the citrus growers in the state of Florida.
Gerard Sweeney: Got you. And on federal relief and again, I apologize for the questions here. But since I assume some of this €“ there was thought of declared a state of an emergency or I think probably at the state and federal level. Does that automatically €“ I don’t want to say automatically, but does that open the door for federal funding? Or is that a whole €“ this federal sort of relief funding a whole separate process?
John Kiernan: Yes. We think it’s a whole separate process similar to what it was in the past. This isn’t like a theme disaster emergency. It’s really going to be specific earmark funds for kind of industry-type relief I think back in very early October, Senator Rubio and sponsored some sort of legislation and outlined a program that was very, very large and hopefully, that initiative or something similar to that will continue because those funds really, really can go a long way, both for Alico and our friends and peers to keep the citrus industry alive and growing for generations to come here in Florida.
Gerard Sweeney: Okay. One more on the real estate side. Just curious if €“ how the market looks backlog, sort of tone tenor in terms of how properties, demand or activity on the property sales front?
John Kiernan: Sure. We saw them get into a really big statistics or information that we have in the press release. We have closed a few small transactions in this quarter. As we said in the press release, it is at prices that we consider to be attractive. So there is continued demand. We’ve got several other buyers that are negotiating or in a contract stage at this point. So we are still active on the real estate front relative to the Alico Ranch.
Gerard Sweeney: Got you. Okay. That’s it for me.
John Kiernan: Thank you, Gerry. Thanks for your support.
Operator: That concludes our question-and-answer session. I’d like to hand it back to Mr. Kiernan for closing remarks.
John Kiernan: Thank you, everyone, for joining our call today and also for your support of Alico. On behalf of Perry and myself and the rest of the Alico team based down here in Fort Myers, Florida, we look forward to speaking with you about our first quarter results coming up in February. Thanks very much.
Operator: Ladies and gentlemen, this does conclude today’s teleconference. Thank you for your participation. You may disconnect your lines at this time, and have a wonderful day.
