Weekly Livestock Market Review - February 23, 2007

The next weekly will be published on Friday, March 02, 2007
This information is collected by the Statistics and Data Development Unit

CAN/US $ Feb23  86.32 Feb16  85.93 Feb24/06  86.82
BANK RATE % Feb20  4.50 Feb13  4.50 Feb21/06  3.75

CATTLE SLAUGHTER
WEEK END  Feb17/07(prel)  Feb10/07(prel)  Feb18/06
CANADA      68,746          66,319          63,068
EAST        17,787          17,636          18,201
WEST        50,959          48,683          44,867
ALBERTA     46,119          43,815          37,994
WEEK END  Feb24/07(est)   Feb17/07(est)   Feb25/06
US         630,000         624,000         576,600
CANADIAN CATTLE GRADES
WEEK END  Feb17/07        Feb10/07        Feb18/06
A           50,896          48,255          46,783
B            1,164             943             751
D            6,856           6,461           4,399
E              488             564             687
A GRADE MARBLING (%)
WEEK END  Feb17/07        Feb10/07        Feb18/06
A             3.2%            2.6%            1.8%
AA           43.3%           44.3%           44.1%
AAA          53.5%           53.1%           54.1%
CANADIAN CATTLE CLASSES
WEEK END  Feb17/07(prel)  Feb10/07(prel)  Feb18/06
STEERS      28,977          28,275          22,880
HEIFERS     23,800          21,556          25,370
COWS        15,322          15,757          13,996
BULLS          647             731             822
CALVES       5,169           5,122           4,681

CATTLE FUTURES - US $/CWT - CLOSE Feb23/2007
MTH   LIVE      CHG            MTH   FEEDER    CHG
FEB   94.17   +0.27            MAR   99.32   -0.85
APR   96.17   -0.38            APR  101.92   +0.27
JUN   94.15   +1.10            MAY  103.42   +0.55
AUG   91.17   +1.20            AUG  103.40   +0.05
OCT   94.67   +0.77            SEP  102.40   +0.55
DEC   94.55   +0.95            OCT  102.70   -0.50
WEEK END        Feb23/07     Feb16/07     Feb24/06
US FSP - US$/CWT   98.17        98.54       108.07

CATTLE INDICATORS
BY PROD VAL     Feb16/07     Feb09/07     Feb17/06
  EAST-$/HEAD     104.44       104.44        90.19
  WEST-$/HEAD     100.50       100.00        92.00
  US-US$/CWT        9.67         9.63         8.09
CURRENTNESS     Feb17/07     Feb10/07     Feb18/06
  ALTA-A1%         59.6%        61.5%        53.9%
  CAN-A1%          59.2%        61.3%        56.4%
FD:STR RATIO    Feb16/07     Feb09/07     Feb17/06
  ALTA BARLEY       25.1         24.6         37.5
                Feb17/07     Feb10/07     Feb18/06
  US CORN           24.9         23.8          N/A

AVG CARCASS WT  Feb17/07     Feb10/07     Feb18/06
  ALTA STR-LBS     841.0        839.0        860.0
  CAN STR-LBS      854.0        854.0        858.0
  US CATTLE-LBS    775.0        778.0        783.0

LATEST CATTLE PRICES - $/CWT
WEEK END  Feb23/07        Feb16/07        Feb24/06
            ALBERTA RAILGRADE SALES
STR-LOW     148.00          148.85          144.50
STR-HIGH    151.00          151.50          147.55
HFR-LOW     147.50          148.00          143.50
HFR-HIGH    150.30          151.30          147.55
            ALBERTA DIRECT SALES
STR-RANGE  88.00-91.00    88.15-92.75    85.00-89.00
AVERAGE        N/A           90.25           87.86
VOLUME         N/A          11,328          11,798
HFR-RANGE  88.00-91.00    87.25-92.00    83.00-89.00
AVERAGE        N/A           89.81           88.04
VOLUME         N/A          13,023           9,795

OPEN MARKET - $/CWT
          Feb23/07        Feb16/07        Feb24/06
          STEERS - A1,2 AND CHOICE 2-4
ONTARIO      N/A-N/A      88.20-98.75    87.10-97.75
NEBRASKA*  89.00-90.00    89.50-91.00    87.00-90.00
          HEIFERS - A1,2 AND CHOICE 2-4
ONTARIO      N/A-N/A      88.50-97.10    86.10-98.95
NEBRASKA*  90.00-90.00    89.00-91.00    87.00-90.50
          COWS - D1,2
CLYDE      33.00-40.00    33.00-40.00    31.00-38.00
SIOUX F*     53.50           52.50           56.75

          800-900 LB FEEDER STEERS
CLYDE      95.00-101.00   95.00-103.75   90.00-108.00
PONOKA     97.00-104.00   95.00-103.00   98.00-108.00
STRATHMOR    N/A-N/A      85.00-100.00  101.00-112.00
ONTARIO      N/A-N/A      94.00-105.00   96.00-113.00
          700-800 LB FEEDER STEERS
CLYDE     100.00-108.00  100.00-112.00  100.00-119.00
PONOKA    102.00-109.00   98.00-108.00  105.00-114.00
STRATHMOR    N/A-N/A      93.00-108.00  105.00-118.00
C.NEBRAS*    N/A-N/A      90.50-111.10  102.00-122.00
          600-700 LB FEEDER STEERS
CLYDE     110.00-117.75  110.00-118.00  110.00-131.00
PONOKA    108.00-117.00  105.00-116.00  115.00-128.00
STRATHMOR    N/A-N/A     100.00-117.00  112.00-132.00
          500-600 LB FEEDER STEERS
CLYDE     115.00-128.00  115.00-125.50  120.00-142.00
PONOKA    115.00-130.00  110.00-125.00  120.00-142.00
STRATHMOR    N/A-N/A     100.00-121.00  120.00-154.00
ONTARIO      N/A-N/A     113.00-128.00  107.00-135.00
          700-800 LB FEEDER HEIFERS
CLYDE      92.00-99.00    92.00-100.00   97.00-110.00
PONOKA     95.00-101.00   92.00-97.75   100.00-108.00
STRATHMOR    N/A-N/A      85.00-98.00    98.00-108.00
          500-600 LB FEEDER HEIFERS
CLYDE     100.00-119.00  100.00-110.00  110.00-128.00
PONOKA    105.00-115.00  100.00-112.00  115.00-122.00
STRATHMOR    N/A-N/A      90.00-114.00  110.00-133.00


NOTE: * denotes price in US Dollars

PRELIM LIVE ANIMAL TRADE - WEEK ENDING Feb16/2007
CATTLE       FROM US     TO US     TO US     TO US
                SLTR      SLTR       FDR      HOGS
CANADA             0    21,405    11,375    54,020
EAST               0     3,589         0    18,489
WEST               0    17,816    11,375    35,531

BEEF WHOLESALE PRICES - $/CWT
WEEK ENDING     Feb23/07     Feb16/07     Feb24/06
CALGARY-STRS     148-152      145-150      151-154
CDA CUTOUT AAA       N/A          N/A       173.80
CDA CUTOUT AA/A      N/A          N/A       167.40

US BOXED BEEF CUTOUT - US $/CWT
WEEK END        Feb23/07     Feb16/07     Feb24/06
CHOICE 6-900      152.24       153.29       153.21
SELECT 6-900      145.30       145.48       142.75

HOG SLAUGHTER
WEEK END  Feb17/07(prel)  Feb10/07(prel)  Feb18/06
CANADA     417,426         423,228         436,694
EAST       243,238         253,780         257,011
WEST       174,188         169,448         179,683
ALBERTA     57,607          59,183          69,172
WEEK END  Feb24/07(est)   Feb17/07(est)   Feb25/06
US       2,006,000       2,000,000       1,961,900

HOG CASH PRICES - INDEX 100 - $/KG
WEEK END  Feb22/07        Feb15/07        Feb23/06
ALTA AVG     1.345           1.337           1.266
ONT AVG        N/A             N/A           1.248
INTERIOR IOWA MINNESOTA HOG CASH PRICES
WEEK END        Feb23/07     Feb16/07     Feb24/06
US $/CWT             N/A        65.88        61.11
CAN EQVT $/KG        N/A        1.976        1.815
US PORK CARCASS CUTOUT
US $/CWT           69.80        72.13        64.35
HOG FUTURES - US$/CWT       CAN/US$ CLOSE Feb23/2007
MTH   LEAN      CHG            MTH   FUTURES   CHG
APR   66.75   -1.75            MAR   .8631 +0.0031
MAY   76.67   -1.00            JUN   .8654 +0.0031
JUN   76.40   -1.70            SEP   .8678 +0.0031
JUL   76.47   -1.35            DEC   .8702 +0.0031
AUG   76.27   -0.60            MAR   .8726 +0.0031
OCT   69.60   +0.30            JUN   .8750 +0.0031
HOG INDICATORS
WEEK END            Feb17/07   Feb10/07   Feb18/06
  AV DRSD WT US-LBS    203.0      203.0      204.0
FD:HOG RATIO        Feb16/07Feb09/07Feb17/06
  US CORN               18.1       17.1       30.9
                    Feb16/07   Feb09/07   Feb17/06
  ALTA BARLEY           13.5       13.5       18.9

SHEEP AND LAMB PRICES - Most Recent Sale to Feb22/2007
             MARKET LAMBS - FEEDER LAMBS     SHEEP
             (95-115 LBS)   (61-80 LBS)   (ALL WTS.)
ONTARIO      131.91-187.00  169.87-247.50     N/A
TEXAS (US$)        N/A           N/A      46.50$/CWT
CENTRAL ALTA    115.20
(INNISFAIL)