Weekly Livestock Market Review - May 25, 2007

The next weekly will be published on Friday, June 01, 2007
This information is collected by the Statistics and Data Development Unit

CAN/US $ May25  92.63 May18  91.88 May26/06  90.31
BANK RATE % May22  4.50 May15  4.50 May23/06  4.50

CATTLE SLAUGHTER
WEEK END  May19/07(prel)  May12/07(prel)  May20/06
CANADA      63,084          66,833          69,093
EAST        16,448          15,974          18,937
WEST        46,636          50,859          50,156
ALBERTA     41,936          46,143          43,219
WEEK END  May26/07(est)   May19/07(est)   May27/06
US         696,000         702,000         695,900
CANADIAN CATTLE GRADES
WEEK END  May19/07        May12/07        May20/06
A           49,088          51,228          54,142
B            1,078           1,219           1,293
D            4,442           5,446           3,972
E              612             690             491
A GRADE MARBLING (%)
WEEK END  May19/07        May12/07        May20/06
A             5.0%            4.9%            6.6%
AA           48.3%           46.5%           54.3%
AAA          46.6%           48.5%           39.1%
CANADIAN CATTLE CLASSES
WEEK END  May19/07(prel)  May12/07(prel)  May20/06
STEERS      34,497          32,054          34,828
HEIFERS     16,202          21,114          21,289
COWS        11,362          12,630          12,293
BULLS        1,023           1,035             683
CALVES       4,063           5,291           5,015

CATTLE FUTURES - US $/CWT - CLOSE May25/2007
MTH   LIVE      CHG            MTH   FEEDER    CHG
JUN   91.05   -1.60            AUG  110.95   -2.77
AUG   91.15   -1.25            SEP  111.05   -2.32
OCT   95.10   -1.30            OCT  110.05   -2.50
DEC   95.37   -0.80            NOV  109.57   -2.18
FEB   96.32   -0.43            JAN  107.40   -2.10
APR   96.65   +0.38            MAR  106.40   -1.40
WEEK END        May25/07     May18/07     May26/06
US FSP - US$/CWT  107.90       108.67       103.55

CATTLE INDICATORS
BY PROD VAL     May18/07     May11/07     May19/06
  EAST-$/HEAD      97.69        97.69        88.55
  WEST-$/HEAD     100.50       101.00        90.00
  US-US$/CWT       10.28        10.14         7.85
CURRENTNESS     May19/07     May12/07     May20/06
  ALTA-A1%         70.4%        67.2%        71.0%
  CAN-A1%          69.9%        68.0%        71.1%
FD:STR RATIO    May18/07     May11/07     May19/06
  ALTA BARLEY       25.2         25.3         33.5
                May19/07     May12/07     May20/06
  US CORN           27.1         29.1         36.0

AVG CARCASS WT  May19/07     May12/07     May20/06
  ALTA STR-LBS     798.0        785.0        800.0
  CAN STR-LBS      812.0        802.0        803.0
  US CATTLE-LBS    747.0        749.0        758.0

LATEST CATTLE PRICES - $/CWT
WEEK END  May25/07        May18/07        May26/06
            ALBERTA RAILGRADE SALES
STR-LOW     160.50          166.70          140.00
STR-HIGH    165.00          171.25          142.50
HFR-LOW     160.50          168.00          140.00
HFR-HIGH    165.00          171.25          142.50
            ALBERTA DIRECT SALES
STR-RANGE  95.50-98.50    99.20-103.00   84.25-86.10
AVERAGE        N/A          101.39           85.37
VOLUME         N/A          10,597          15,878
HFR-RANGE  95.00-98.00    99.65-101.65   84.00-86.50
AVERAGE        N/A          101.43           85.45
VOLUME         N/A           3,064           8,635

OPEN MARKET - $/CWT
          May25/07        May18/07        May26/06
          STEERS - A1,2 AND CHOICE 2-4
ONTARIO      N/A-N/A     106.25-115.75   91.80-100.00
NEBRASKA*  93.50-94.00    95.00-97.00    78.00-81.00
          HEIFERS - A1,2 AND CHOICE 2-4
ONTARIO      N/A-N/A     103.50-114.00   84.70-98.80
NEBRASKA*  94.00-94.50    96.00-98.00    79.50-80.50
          COWS - D1,2
CLYDE      38.00-46.50    40.00-52.50    30.00-39.75
SIOUX F*     63.00           62.75           54.00

          800-900 LB FEEDER STEERS
CLYDE     105.00-114.50  105.00-115.75   95.00-110.75
PONOKA    104.00-108.50  105.00-111.00  105.00-113.00
STRATHMOR  95.50-100.00  100.25-107.50   91.00-106.00
ONTARIO      N/A-N/A     107.00-117.00  101.00-112.00
          700-800 LB FEEDER STEERS
CLYDE     110.00-119.50  110.00-119.50  100.00-122.00
PONOKA    105.00-120.00  113.00-122.00  108.00-123.00
STRATHMOR    N/A-114.75     N/A-110.50  101.00-117.00
C.NEBRAS*    N/A-N/A     104.75-119.00  105.00-111.85
          600-700 LB FEEDER STEERS
CLYDE     120.00-132.00  120.00-131.50  115.00-133.00
PONOKA    128.00-135.00  125.00-133.00  120.00-134.00
STRATHMOR  92.00-127.00   84.00-116.25  110.00-133.00
          500-600 LB FEEDER STEERS
CLYDE     125.00-136.75  125.00-135.25  125.00-145.00
PONOKA    134.00-144.00  129.00-134.00  125.00-140.00
STRATHMOR  73.50-138.75     N/A-124.00  110.00-143.00
ONTARIO      N/A-N/A     112.00-138.00  113.00-137.00
          700-800 LB FEEDER HEIFERS
CLYDE     100.00-113.25   98.00-110.50   95.00-115.00
PONOKA    103.00-107.50  103.00-107.50  108.00-113.00
STRATHMOR    N/A-100.75     N/A-104.25   88.00-111.00
          500-600 LB FEEDER HEIFERS
CLYDE     115.00-126.50  110.00-122.00  110.00-122.50
PONOKA    113.00-118.50  110.00-118.50  110.00-118.00
STRATHMOR    N/A-110.00     N/A-119.50  108.00-121.00


NOTE: * denotes price in US Dollars

PRELIM LIVE ANIMAL TRADE - WEEK ENDING May18/2007
CATTLE       FROM US     TO US     TO US     TO US
                SLTR      SLTR       FDR      HOGS
CANADA            36     7,776     7,047    55,209
EAST              36     1,634         0    15,220
WEST               0     6,142     7,047    39,989

BEEF WHOLESALE PRICES - $/CWT
WEEK ENDING     May25/07     May18/07     May26/06
CALGARY-STRS     171-172      172-174      138-140
CDA CUTOUT AAA       N/A          N/A       169.51
CDA CUTOUT AA/A      N/A          N/A       160.63

US BOXED BEEF CUTOUT - US $/CWT
WEEK END        May25/07     May18/07     May26/06
CHOICE 6-900      162.09       166.27       146.41
SELECT 6-900      150.11       153.29       126.07

HOG SLAUGHTER
WEEK END  May19/07(prel)  May12/07(prel)  May20/06
CANADA     401,477         410,383         422,687
EAST       246,532         245,294         242,559
WEST       154,945         165,089         180,128
ALBERTA     54,341          60,844          69,649
WEEK END  May26/07(est)   May19/07(est)   May27/06
US       1,980,000       1,952,000       1,926,200

HOG CASH PRICES - INDEX 100 - $/KG
WEEK END  May24/07        May17/07        May25/06
ALTA AVG     1.357           1.372           1.299
ONT AVG        N/A             N/A           1.363
INTERIOR IOWA MINNESOTA HOG CASH PRICES
WEEK END        May25/07     May18/07     May26/06
US $/CWT             N/A        73.95        63.76
CAN EQVT $/KG        N/A        2.075        1.820
US PORK CARCASS CUTOUT
US $/CWT           76.29        77.83        69.22
HOG FUTURES - US$/CWT       CAN/US$ CLOSE May25/2007
MTH   LEAN      CHG            MTH   FUTURES   CHG
JUN   74.72   -0.68            JUN   .9263 +0.0080
JUL   73.40   -1.27            SEP   .9285 +0.0080
AUG   72.87   -1.03            DEC   .9303 +0.0077
OCT   65.52   -0.95            MAR   .9319 +0.0078
DEC   63.32   -1.10            JUN   .9328 +0.0076
FEB   65.75   -1.60            SEP   .9337 +0.0074
HOG INDICATORS
WEEK END            May19/07   May12/07   May20/06
  AV DRSD WT US-LBS    203.0      203.0      203.0
FD:HOG RATIO        May18/07May11/07May19/06
  US CORN               20.6       21.4       30.4
                    May18/07   May11/07   May19/06
  ALTA BARLEY           12.4       12.5       18.8

SHEEP AND LAMB PRICES - Most Recent Sale to May24/2007
             MARKET LAMBS - FEEDER LAMBS     SHEEP
             (95-115 LBS)   (61-80 LBS)   (ALL WTS.)
ONTARIO      132.89-185.00  174.33-320.00     N/A
TEXAS (US$)        N/A        106.50      44.00$/CWT
CENTRAL ALTA    120.00
(INNISFAIL)