Weekly Livestock Market Review - March 23, 2007

The next weekly will be published on Friday, March 30, 2007
This information is collected by the Statistics and Data Development Unit

CAN/US $ Mar23  86.21 Mar16  85.18 Mar24/06  85.66
BANK RATE % Mar20  4.50 Mar13  4.50 Mar21/06  4.00

CATTLE SLAUGHTER
WEEK END  Mar17/07(prel)  Mar10/07(prel)  Mar18/06
CANADA      57,824          65,450          67,514
EAST        17,719          17,216          17,981
WEST        40,105          48,234          49,533
ALBERTA     35,587          43,151          43,107
WEEK END  Mar24/07(est)   Mar17/07(est)   Mar25/06
US         640,000         631,000         584,900
CANADIAN CATTLE GRADES
WEEK END  Mar17/07        Mar10/07        Mar18/06
A           42,424          46,655          50,414
B            1,157           1,435             932
D            4,878           6,044           4,916
E              606             579             552
A GRADE MARBLING (%)
WEEK END  Mar17/07        Mar10/07        Mar18/06
A             3.5%            3.3%            2.2%
AA           43.6%           45.0%           45.9%
AAA          53.0%           51.7%           51.9%
CANADIAN CATTLE CLASSES
WEEK END  Mar17/07(prel)  Mar10/07(prel)  Mar18/06
STEERS      21,370          24,591          25,932
HEIFERS     22,810          24,261          26,175
COWS        12,686          15,839          14,761
BULLS          958             759             646
CALVES       5,044           5,331           5,093

CATTLE FUTURES - US $/CWT - CLOSE Mar23/2007
MTH   LIVE      CHG            MTH   FEEDER    CHG
APR   98.10   +1.00            MAR  104.35   -0.47
JUN   94.70   +0.43            APR  105.12   -0.93
AUG   92.30   +0.60            MAY  106.72   -0.50
OCT   96.22   +0.50            AUG  108.22   +0.15
DEC   96.65   +0.85            SEP  105.95   -0.15
FEB   96.45   +0.65            OCT  107.05   +0.40
WEEK END        Mar23/07     Mar16/07     Mar24/06
US FSP - US$/CWT  104.60       103.97       102.36

CATTLE INDICATORS
BY PROD VAL     Mar16/07     Mar09/07     Mar17/06
  EAST-$/HEAD     103.94       103.94        90.29
  WEST-$/HEAD     101.00       100.50        90.50
  US-US$/CWT        9.81         9.78         7.98
CURRENTNESS     Mar17/07     Mar10/07     Mar18/06
  ALTA-A1%         58.9%        58.3%        56.9%
  CAN-A1%          61.1%        59.9%        60.3%
FD:STR RATIO    Mar16/07     Mar09/07     Mar17/06
  ALTA BARLEY       25.7         24.4         37.2
                Mar17/07     Mar10/07     Mar18/06
  US CORN           26.7         24.9         46.3

AVG CARCASS WT  Mar17/07     Mar10/07     Mar18/06
  ALTA STR-LBS     830.0        831.0        859.0
  CAN STR-LBS      840.0        842.0        860.0
  US CATTLE-LBS    766.0        768.0        783.0

LATEST CATTLE PRICES - $/CWT
WEEK END  Mar23/07        Mar16/07        Mar24/06
            ALBERTA RAILGRADE SALES
STR-LOW     162.50          157.30          142.50
STR-HIGH    167.00          167.30          145.50
HFR-LOW     164.85          157.30          143.00
HFR-HIGH    167.00          166.85          145.00
            ALBERTA DIRECT SALES
STR-RANGE  96.50-102.00   96.00-103.25   86.00-87.75
AVERAGE        N/A           98.96           87.20
VOLUME         N/A          10,544          10,740
HFR-RANGE  96.40-100.50   95.50-102.90   85.20-88.25
AVERAGE        N/A           98.17           87.39
VOLUME         N/A           9,942           8,184

OPEN MARKET - $/CWT
          Mar23/07        Mar16/07        Mar24/06
          STEERS - A1,2 AND CHOICE 2-4
ONTARIO    99.75-107.75  102.60-110.80   87.55-98.80
NEBRASKA*  94.00-99.00    96.00-100.75   85.00-86.75
          HEIFERS - A1,2 AND CHOICE 2-4
ONTARIO    95.00-105.80  100.35-109.20   82.20-97.75
NEBRASKA*  98.00-98.50    97.00-100.00   85.50-86.75
          COWS - D1,2
CLYDE      33.00-42.00    33.00-42.00    35.00-41.50
SIOUX F*     53.25           52.75           54.50

          800-900 LB FEEDER STEERS
CLYDE      95.00-105.00   95.00-106.25   95.00-111.00
PONOKA     96.00-104.50   98.00-105.50   98.00-106.00
STRATHMOR  90.00-100.25   91.50-102.25   91.00-108.00
ONTARIO      N/A-N/A      95.00-108.00  100.00-113.00
          700-800 LB FEEDER STEERS
CLYDE     100.00-115.00  100.00-110.00  105.00-120.75
PONOKA    106.00-115.00   94.00-102.50  105.00-116.00
STRATHMOR    N/A-113.25   70.00-110.75  101.00-120.00
C.NEBRAS*    N/A-N/A      95.50-117.00     N/A-N/A
          600-700 LB FEEDER STEERS
CLYDE     113.00-124.50  110.00-123.75  110.00-134.75
PONOKA    114.00-125.00  110.00-121.00  115.00-135.00
STRATHMOR    N/A-124.50   95.00-125.50  112.00-143.00
          500-600 LB FEEDER STEERS
CLYDE     115.00-127.50  115.00-126.50  135.00-150.00
PONOKA    120.00-132.00  118.00-128.00  132.00-144.00
STRATHMOR    N/A-133.50     N/A-129.00  126.00-148.00
ONTARIO      N/A-N/A     111.00-134.00  115.00-143.00
          700-800 LB FEEDER HEIFERS
CLYDE      92.00-103.25   92.00-103.25   98.00-110.00
PONOKA     95.00-102.00  102.00-111.00  100.00-108.00
STRATHMOR    N/A-N/A      54.00-100.25   88.00-106.00
          500-600 LB FEEDER HEIFERS
CLYDE     100.00-114.00  100.00-111.50  115.00-128.00
PONOKA    100.00-112.00  105.00-112.00  112.00-130.00
STRATHMOR    N/A-113.00   51.00-112.25  108.00-134.00


NOTE: * denotes price in US Dollars

PRELIM LIVE ANIMAL TRADE - WEEK ENDING Mar16/2007
CATTLE       FROM US     TO US     TO US     TO US
                SLTR      SLTR       FDR      HOGS
CANADA             0    23,877    10,823    55,200
EAST               0     2,377         0    20,077
WEST               0    21,500    10,823    35,123

BEEF WHOLESALE PRICES - $/CWT
WEEK ENDING     Mar23/07     Mar16/07     Mar24/06
CALGARY-STRS     165-173      158-160      147-150
CDA CUTOUT AAA       N/A          N/A       168.31
CDA CUTOUT AA/A      N/A          N/A       161.42

US BOXED BEEF CUTOUT - US $/CWT
WEEK END        Mar23/07     Mar16/07     Mar24/06
CHOICE 6-900      165.50       165.50       142.22
SELECT 6-900      155.20       155.20       131.17

HOG SLAUGHTER
WEEK END  Mar17/07(prel)  Mar10/07(prel)  Mar18/06
CANADA     430,481         415,527         441,691
EAST       256,089         245,067         256,154
WEST       174,392         170,460         185,537
ALBERTA     60,631          59,755          71,576
WEEK END  Mar24/07(est)   Mar17/07(est)   Mar25/06
US       2,117,000       2,133,000       1,953,800

HOG CASH PRICES - INDEX 100 - $/KG
WEEK END  Mar22/07        Mar15/07        Mar23/06
ALTA AVG     1.230           1.266           1.134
ONT AVG        N/A             N/A           1.222
INTERIOR IOWA MINNESOTA HOG CASH PRICES
WEEK END        Mar23/07     Mar16/07     Mar24/06
US $/CWT             N/A        59.18        53.53
CAN EQVT $/KG        N/A        1.791        1.611
US PORK CARCASS CUTOUT
US $/CWT           64.41        67.08        60.47
HOG FUTURES - US$/CWT       CAN/US$ CLOSE Mar23/2007
MTH   LEAN      CHG            MTH   FUTURES   CHG
APR   63.57   -0.83            JUN   .8636 +0.0109
MAY   73.27   -1.08            SEP   .8657 +0.0108
JUN   73.77   -0.80            DEC   .8678     N/A
JUL   74.85   -0.32            MAR   .8699 +0.0108
AUG   74.82   -0.13            JUN   .8720 +0.0108
OCT   67.90   +0.13            SEP   .8741     N/A
HOG INDICATORS
WEEK END            Mar17/07   Mar10/07   Mar18/06
  AV DRSD WT US-LBS    202.0      202.0      203.0
FD:HOG RATIO        Mar16/07Mar09/07Mar17/06
  US CORN               15.8       15.8       30.7
                    Mar16/07   Mar09/07   Mar17/06
  ALTA BARLEY           11.9       12.3       18.2

SHEEP AND LAMB PRICES - Most Recent Sale to Mar22/2007
             MARKET LAMBS - FEEDER LAMBS     SHEEP
             (95-115 LBS)   (61-80 LBS)   (ALL WTS.)
ONTARIO      151.83-182.50  188.21-311.00     N/A
TEXAS (US$)        N/A        111.00      48.25$/CWT
CENTRAL ALTA    115.20
(INNISFAIL)