Weekly Livestock Market Review - December 21, 2007

The next weekly will be published on Friday, January 4, 2008
This information is collected by the Statistics and Data Development Unit

CAN/US $ Dec21 100.56 Dec14  98.65 Dec22/06  86.40
BANK RATE % Dec18  4.50 Dec11  4.50 Dec19/06  4.50

CATTLE SLAUGHTER
WEEK END  Dec15/07(prel)  Dec08/07(prel)  Dec16/06
CANADA      61,287          57,572          65,541
EAST        15,675          14,798          18,398
WEST        45,612          42,774          47,143
ALBERTA     41,110          38,486          42,329
WEEK END  Dec22/07(est)   Dec15/07(est)   Dec23/06
US         663,000         652,000         615,600
CANADIAN CATTLE GRADES
WEEK END  Dec15/07        Dec08/07        Dec16/06
A           41,268          41,796          45,840
B              948             726           1,320
D            6,723           5,402           6,192
E              611             474             513
A GRADE MARBLING (%)
WEEK END  Dec15/07        Dec08/07        Dec16/06
A             1.9%            2.0%            3.3%
AA           47.4%           48.9%           44.2%
AAA          50.7%           49.2%           52.6%
CANADIAN CATTLE CLASSES
WEEK END  Dec15/07(prel)  Dec08/07(prel)  Dec16/06
STEERS      24,201          26,480          26,020
HEIFERS     18,543          16,477          22,033
COWS        17,676          13,909          16,605
BULLS          867             706             883
CALVES       4,980           4,833           5,166

CATTLE FUTURES - US $/CWT - CLOSE Dec21/2007
MTH   LIVE      CHG            MTH   FEEDER    CHG
DEC   92.10   -0.50            JAN  103.83   +0.03
FEB   95.53   +0.05            MAR  106.28   +0.10
APR   97.60   +0.10            APR  108.80   +0.38
JUN   94.38   +0.72            MAY  110.00   +0.30
AUG   95.72   +0.97            AUG  110.70   +0.50
OCT   99.63   +0.67            SEP  109.80   +0.15
WEEK END        Dec21/07     Dec14/07     Dec22/06
US FSP - US$/CWT  103.66       105.47        99.60

CATTLE INDICATORS
BY PROD VAL     Dec14/07     Dec07/07     Dec15/06
  EAST-$/HEAD      79.79        79.79        96.19
  WEST-$/HEAD      99.50        99.50        98.50
  US-US$/CWT        9.83         9.94         9.17
CURRENTNESS     Dec15/07     Dec08/07     Dec16/06
  ALTA-A1%         66.1%        68.1%        64.4%
  CAN-A1%          62.8%        63.5%        61.9%
FD:STR RATIO    Dec14/07     Dec07/07     Dec15/06
  ALTA BARLEY       20.6         20.9         23.8
                Dec15/07     Dec08/07     Dec16/06
  US CORN           22.1         24.7         25.3

AVG CARCASS WT  Dec15/07     Dec08/07     Dec16/06
  ALTA STR-LBS     841.0        842.0        832.0
  CAN STR-LBS      867.0        862.0        853.0
  US CATTLE-LBS    793.0        792.0        788.0

LATEST CATTLE PRICES - $/CWT
WEEK END  Dec21/07        Dec14/07        Dec22/06
            ALBERTA RAILGRADE SALES
STR-LOW     138.00          139.00          140.20
STR-HIGH    141.00          143.00          143.30
HFR-LOW     139.50          139.00          140.00
HFR-HIGH    141.00          143.00          143.30
            ALBERTA DIRECT SALES
STR-RANGE  82.00-84.50    84.70-85.30    81.50-85.65
AVERAGE        N/A           85.01           85.44
VOLUME         N/A           8,964          10,861
HFR-RANGE  82.55-84.05    84.15-86.10    84.30-85.90
AVERAGE        N/A           84.70           85.41
VOLUME         N/A           3,638           5,948

OPEN MARKET - $/CWT
          Dec21/07        Dec14/07        Dec22/06
          STEERS - A1,2 AND CHOICE 2-4
ONTARIO      N/A-N/A      73.90-82.75    81.60-89.50
NEBRASKA*  89.00-90.00    90.00-92.25    85.00-85.50
          HEIFERS - A1,2 AND CHOICE 2-4
ONTARIO      N/A-N/A      72.10-82.90    76.45-87.70
NEBRASKA*  89.00-90.00    91.00-92.00    85.00-85.75
          COWS - D1,2
CLYDE      26.00-34.00    26.00-34.00    30.00-34.00
SIOUX F*     55.00           56.00           49.00

          800-900 LB FEEDER STEERS
CLYDE      85.00-93.00    85.00-99.00    92.00-97.25
PONOKA     88.00-94.00    88.00-94.00    90.00-97.00
STRATHMOR  80.00-96.00      N/A-N/A      85.00-97.00
ONTARIO      N/A-N/A      79.00-99.00    88.00-106.00
          700-800 LB FEEDER STEERS
CLYDE      85.00-93.50    85.00-96.50    92.00-104.75
PONOKA     86.00-92.00    85.00-93.00    94.00-100.50
STRATHMOR  80.00-98.00      N/A-N/A      88.00-105.00
C.NEBRAS*    N/A-N/A      95.00-111.75   94.50-111.25
          600-700 LB FEEDER STEERS
CLYDE      92.00-100.75   92.00-101.25   95.00-110.75
PONOKA     90.00-98.50    85.00-95.00    99.00-108.50
STRATHMOR  85.00-103.00     N/A-N/A      90.00-111.00
          500-600 LB FEEDER STEERS
CLYDE     100.00-110.75  100.00-114.75  110.00-114.50
PONOKA     98.00-109.00   96.00-109.00  106.00-118.25
STRATHMOR  90.00-115.00     N/A-N/A      95.00-122.00
ONTARIO      N/A-N/A      87.00-117.00   98.00-125.00
          700-800 LB FEEDER HEIFERS
CLYDE      78.00-87.00    78.00-87.75    88.00-93.00
PONOKA     78.00-84.00    78.00-86.00    85.00-92.00
STRATHMOR  75.00-88.00      N/A-N/A      85.00-95.00
          500-600 LB FEEDER HEIFERS
CLYDE      84.00-96.00    84.00-103.00   95.00-110.00
PONOKA     85.00-95.00    78.00-90.00    97.00-103.00
STRATHMOR  80.00-96.00      N/A-N/A      86.00-104.00


NOTE: * denotes price in US Dollars

PRELIM LIVE ANIMAL TRADE - WEEK ENDING Dec14/2007
CATTLE       FROM US     TO US     TO US     TO US
                SLTR      SLTR       FDR      HOGS
CANADA             0    20,262    22,109    85,136
EAST               0     5,482       241    30,994
WEST               0    14,780    21,868    54,142

BEEF WHOLESALE PRICES - $/CWT
WEEK ENDING     Dec21/07     Dec14/07     Dec22/06
CALGARY-STRS     142-143      142-145      141-144
CDA CUTOUT AAA       N/A       152.56       157.79
CDA CUTOUT AA/A      N/A       145.25       152.49

US BOXED BEEF CUTOUT - US $/CWT
WEEK END        Dec21/07     Dec14/07     Dec22/06
CHOICE 6-900      149.29       147.70       142.31
SELECT 6-900      136.51       132.14       126.06

HOG SLAUGHTER
WEEK END  Dec15/07(prel)  Dec08/07(prel)  Dec16/06
CANADA         N/A         432,698         452,412
EAST           N/A         274,200         278,474
WEST           N/A         158,498         173,938
ALBERTA        N/A          54,852          59,824
WEEK END  Dec22/07(est)   Dec15/07(est)   Dec23/06
US       2,449,000       2,360,000       2,220,000

HOG CASH PRICES - INDEX 100 - $/KG
WEEK END  Dec20/07        Dec13/07        Dec21/06
ALTA AVG       N/A            .956           1.125
ONT AVG        N/A             N/A           1.245
INTERIOR IOWA MINNESOTA HOG CASH PRICES
WEEK END        Dec21/07     Dec14/07     Dec22/06
US $/CWT             N/A        54.59        59.09
CAN EQVT $/KG        N/A        1.427        1.763
US PORK CARCASS CUTOUT
US $/CWT           58.04        58.93        64.19
HOG FUTURES - US$/CWT       CAN/US$ CLOSE Dec21/2007
MTH   LEAN      CHG            MTH   FUTURES   CHG
FEB   59.73   -0.45            MAR  1.0083 +0.0260
APR   65.35   +0.15            JUN  1.0079 +0.0260
MAY   71.70   -0.70            SEP  1.0074 +0.0258
JUN   74.55   -0.78            DEC  1.0066 +0.0258
JUL   74.25   -0.10            MAR  1.0058 +0.0258
AUG   72.55   -0.40            JUN  1.0050     N/A
HOG INDICATORS
WEEK END            Dec15/07   Dec08/07   Dec16/06
  AV DRSD WT US-LBS    204.0      204.0      203.0
FD:HOG RATIO        Dec14/07Dec07/07Dec15/06
  US CORN               13.1       13.7       16.9
                    Dec14/07   Dec07/07   Dec15/06
  ALTA BARLEY            8.4        8.1       12.1

SHEEP AND LAMB PRICES - Most Recent Sale to Dec20/2007
             MARKET LAMBS - FEEDER LAMBS     SHEEP
             (95-115 LBS)   (61-80 LBS)   (ALL WTS.)
ONTARIO      145.50-186.00  142.57-282.50     N/A
TEXAS (US$)        N/A           N/A      40.00$/CWT
CENTRAL ALTA  96.00-120.96
(INNISFAIL)