Weekly Livestock Market Review - December 14, 2007

The next weekly will be published on Friday, December 21, 2007
This information is collected by the Statistics and Data Development Unit

CAN/US $ Dec14  98.65 Dec07  99.47 Dec15/06  86.40
BANK RATE % Dec11  4.50 Dec04  4.50 Dec12/06  4.50

CATTLE SLAUGHTER
WEEK END  Dec08/07(prel)  Dec01/07(prel)  Dec09/06
CANADA      57,572          64,244          62,627
EAST        14,798          15,611          18,686
WEST        42,774          48,633          43,941
ALBERTA     38,486          44,414          39,249
WEEK END  Dec15/07(est)   Dec08/07(est)   Dec16/06
US         652,000         666,000         642,500
CANADIAN CATTLE GRADES
WEEK END  Dec08/07        Dec01/07        Dec09/06
A           41,796          45,265          43,453
B              726             716           1,178
D            5,402           6,034           6,437
E              474             547             521
A GRADE MARBLING (%)
WEEK END  Dec08/07        Dec01/07        Dec09/06
A             2.0%            1.9%            3.5%
AA           48.9%           48.3%           47.2%
AAA          49.2%           49.8%           49.3%
CANADIAN CATTLE CLASSES
WEEK END  Dec08/07(prel)  Dec01/07(prel)  Dec09/06
STEERS      26,480          24,403          26,027
HEIFERS     16,477          22,303          19,285
COWS        13,909          16,706          16,482
BULLS          706             832             833
CALVES       4,833           5,205           5,151

CATTLE FUTURES - US $/CWT - CLOSE Dec14/2007
MTH   LIVE      CHG            MTH   FEEDER    CHG
DEC   92.60   -1.43            JAN  103.80   -2.15
FEB   95.47   -1.28            MAR  106.18   -1.28
APR   97.50   -0.60            APR  108.43   -1.13
JUN   93.65   -0.40            MAY  109.70   -1.10
AUG   94.75   +0.28            AUG  110.20   -1.40
OCT   98.95   +0.58            SEP  109.65   -1.15
WEEK END        Dec14/07     Dec07/07     Dec15/06
US FSP - US$/CWT  105.47       106.98       100.71

CATTLE INDICATORS
BY PROD VAL     Dec07/07     Nov30/07     Dec08/06
  EAST-$/HEAD      79.79        77.29        96.19
  WEST-$/HEAD      99.50        99.50        97.00
  US-US$/CWT        9.94        10.10         9.15
CURRENTNESS     Dec08/07     Dec01/07     Dec09/06
  ALTA-A1%         68.1%        65.2%        63.2%
  CAN-A1%          63.5%        61.7%        60.4%
FD:STR RATIO    Dec07/07     Nov30/07     Dec08/06
  ALTA BARLEY       20.9         20.9         24.4
                Dec08/07     Dec01/07     Dec09/06
  US CORN           24.7         25.5         25.5

AVG CARCASS WT  Dec08/07     Dec01/07     Dec09/06
  ALTA STR-LBS     842.0        861.0        837.0
  CAN STR-LBS      862.0        881.0        851.0
  US CATTLE-LBS    792.0        791.0        787.0

LATEST CATTLE PRICES - $/CWT
WEEK END  Dec14/07        Dec07/07        Dec15/06
            ALBERTA RAILGRADE SALES
STR-LOW     139.00          141.00          141.00
STR-HIGH    143.00          144.65          142.60
HFR-LOW     139.00          141.00          141.85
HFR-HIGH    143.00          144.00          141.85
            ALBERTA DIRECT SALES
STR-RANGE  84.70-85.30    84.00-85.50    83.75-85.25
AVERAGE        N/A           85.35           84.92
VOLUME         N/A           7,025          15,679
HFR-RANGE  84.15-86.10    82.75-86.25    84.65-86.00
AVERAGE        N/A           85.27           85.14
VOLUME         N/A           7,710           3,486

OPEN MARKET - $/CWT
          Dec14/07        Dec07/07        Dec15/06
          STEERS - A1,2 AND CHOICE 2-4
ONTARIO      N/A-N/A      74.90-83.10    81.45-90.55
NEBRASKA*  90.00-92.00      N/A-N/A      84.00-85.50
          HEIFERS - A1,2 AND CHOICE 2-4
ONTARIO      N/A-N/A      74.05-84.05    78.45-88.55
NEBRASKA*  91.00-92.00    92.00-93.50    84.00-85.00
          COWS - D1,2
CLYDE      26.00-34.00    26.00-34.00    30.00-34.00
SIOUX F*     56.00           53.50           48.00

          800-900 LB FEEDER STEERS
CLYDE      85.00-99.00    85.00-97.75    92.00-97.75
PONOKA     88.00-94.00    92.00-97.00    92.00-97.00
STRATHMOR    N/A-N/A      88.00-96.00    85.00-92.00
ONTARIO      N/A-N/A      86.00-100.00   90.00-104.00
          700-800 LB FEEDER STEERS
CLYDE      85.00-96.50    85.00-98.50    92.00-101.00
PONOKA     85.00-93.00    96.00-99.50    85.00-100.00
STRATHMOR    N/A-N/A      90.00-102.00   88.00-103.00
C.NEBRAS*    N/A-N/A     101.00-120.50   95.00-115.00
          600-700 LB FEEDER STEERS
CLYDE      92.00-101.25   92.00-103.25   95.00-101.00
PONOKA     85.00-95.00    96.00-100.00   92.00-106.00
STRATHMOR    N/A-N/A      98.00-108.00   90.00-108.00
          500-600 LB FEEDER STEERS
CLYDE     100.00-114.75  100.00-110.75  110.00-116.50
PONOKA     96.00-109.00  102.00-114.00  105.00-117.50
STRATHMOR    N/A-N/A      98.00-118.00   95.00-115.00
ONTARIO      N/A-N/A      88.00-115.00   94.00-126.00
          700-800 LB FEEDER HEIFERS
CLYDE      78.00-87.75    78.00-95.75    85.00-94.50
PONOKA     78.00-86.00    88.00-92.00    85.00-95.00
STRATHMOR    N/A-N/A      80.00-95.00    85.00-95.00
          500-600 LB FEEDER HEIFERS
CLYDE      84.00-103.00   84.00-99.00    95.00-101.75
PONOKA     78.00-90.00    87.00-95.00    95.00-101.50
STRATHMOR    N/A-N/A      84.00-98.00    88.00-104.00


NOTE: * denotes price in US Dollars

PRELIM LIVE ANIMAL TRADE - WEEK ENDING Dec07/2007
CATTLE       FROM US     TO US     TO US     TO US
                SLTR      SLTR       FDR      HOGS
CANADA             0    21,298    19,204    85,864
EAST               0     4,637       239    32,279
WEST               0    16,661    18,965    53,585

BEEF WHOLESALE PRICES - $/CWT
WEEK ENDING     Dec14/07     Dec07/07     Dec15/06
CALGARY-STRS     142-145      140-142      141-143
CDA CUTOUT AAA       N/A          N/A       157.44
CDA CUTOUT AA/A      N/A          N/A       149.29

US BOXED BEEF CUTOUT - US $/CWT
WEEK END        Dec14/07     Dec07/07     Dec15/06
CHOICE 6-900      147.70       148.33       143.41
SELECT 6-900      132.14       132.30       125.32

HOG SLAUGHTER
WEEK END  Dec08/07(prel)  Dec01/07(prel)  Dec09/06
CANADA     432,698         434,968         431,218
EAST       274,200         278,712         260,724
WEST       158,498         156,256         170,494
ALBERTA     54,852          53,349          59,030
WEEK END  Dec15/07(est)   Dec08/07(est)   Dec16/06
US       2,365,000       2,383,000       2,156,700

HOG CASH PRICES - INDEX 100 - $/KG
WEEK END  Dec13/07        Dec06/07        Dec14/06
ALTA AVG      .956            .916           1.193
ONT AVG        N/A             N/A           1.295
INTERIOR IOWA MINNESOTA HOG CASH PRICES
WEEK END        Dec14/07     Dec07/07     Dec15/06
US $/CWT             N/A        54.43        54.81
CAN EQVT $/KG        N/A        1.411        1.635
US PORK CARCASS CUTOUT
US $/CWT           58.93        58.89        64.50
HOG FUTURES - US$/CWT       CAN/US$ CLOSE Dec14/2007
MTH   LEAN      CHG            MTH   FUTURES   CHG
DEC   55.10   -0.38            DEC   .9819 -0.0139
FEB   60.17   -1.53            MAR   .9823 -0.0141
APR   65.20   -1.52            JUN   .9819 -0.0141
MAY   72.40   -1.42            SEP   .9816 -0.0139
JUN   75.33   -1.77            DEC   .9808 -0.0140
JUL   74.35   -1.30            MAR   .9800 -0.0141
HOG INDICATORS
WEEK END            Dec08/07   Dec01/07   Dec09/06
  AV DRSD WT US-LBS    204.0      204.0      203.0
FD:HOG RATIO        Dec07/07Nov30/07Dec08/06
  US CORN               13.7       13.8       18.4
                    Dec07/07   Nov30/07   Dec08/06
  ALTA BARLEY            8.1        7.7       12.4

SHEEP AND LAMB PRICES - Most Recent Sale to Dec13/2007
             MARKET LAMBS - FEEDER LAMBS     SHEEP
             (95-115 LBS)   (61-80 LBS)   (ALL WTS.)
ONTARIO      140.93-161.00  150.57-320.00     N/A
TEXAS (US$)        N/A        102.50      41.75$/CWT
CENTRAL ALTA  94.56-119.52
(INNISFAIL)