Enrique Lopez Lecube: Thank you for joining the call today. I think that the situation that you just described has created a shift in focus from sort of the way GM Technologies may be perceived by some groups to sort of more important focus on food security. All of a sudden we see the importance of food production and technologies that can help us increase productivity while preserving natural resources become center stage regardless of sort of the tools that we use to achieve this type of solutions. So yesterday for instance, we received notice from Indonesia of doing HB4 Wheat for . And that is on top of Nigeria coming from a continent where there was a high level of reluctance to GMO approval, perhaps highly influenced by the historical European position.
I’m not saying within that we are ready to But today, we’re much closer, much, much closer than we ever were in trying to get these technologies become accepted even by the more sort of skeptical or reluctant consumers. This is an opportunity we are seeking after the approval in Argentina, and we saw our approvals cascaded in very meaningful geographies for Wheat and Soy. Wheat obviously is more of a challenge because we are the only company today with the GM wheat and wheat has been historically for human consumption unlike soy and corn, which were more dedicated to animal feedings and biofuels. But we’re taking advantage of the situation. I think the current drought in Latin America will make this even more relevant, and we expect to see many more approvals cascading down in the upcoming months.
Bobby Burleson: Fantastic. Thanks for taking my questions. Congratulations on such a strong quarter.
Federico Trucco: Thanks, Bobby.
Operator: The next question from Ben Klieve from Lake Street Capital. Ben, please go ahead. Your line is open.
Benjamin Klieve: All right. Thanks for taking the questions and yes, congratulations on just another exceptional quarter across the board here. Two quick ones for me. My first question is on the quarter itself. Enrique, I’m wondering if you saw any kind of lumpiness that benefited the quarter, either revenue getting pushed from Q4 into Q1, some revenue getting pulled from Q2 into Q1 or any kind of outside the orders or the success was just kind of broad across the board?
Enrique Lopez Lecube: Thanks for joining us. Well, I think that the way we tend to look at the performance in the first quarter is all together with the second quarter. If you think about it the first and the second quarter of our fiscal year are basically where all of the summer crop planting activities take place in Latin America. That remains an important market to us with Argentina, we will so I would say that we are looking at this as a part of the summer crop planting season that we’ll go up with that €“ there is some bit of sales that transcended from winter crops in micro-beaded fertilizers, but that’s not as meaningful as it is in terms of looking at the first half as a whole. That’s what I would say. And that’s why I think it’s so important that we’re seeing this growth early in the season.
That makes us feel comfortable as we look to the full fiscal year growth outlook. We remain positive about that. Even as we transition with mostly readdress that has paid in the last . And Argentine is an important market to us.
Benjamin Klieve: Got it. That’s helpful. And that kind of helps a bit my second and last question here, and that the around is drought conditions. I mean, you guys have been very vocal about this. And reports widespread around just the terrible dynamic that Argentinian farmers are facing. A couple of years ago, there was a similar dynamic underway. And I’m wondering if you can help characterize the kind of your outlook here into the second quarter and the chemical fertilizer application this coming period relative to similar conditions that arose a couple of years ago.
