Weekly Livestock Market Review - January 4, 2008

The next weekly will be published on Friday, January 11, 2008
This information is collected by the Statistics and Data Development Unit

CAN/US $ Jan04 100.09 Dec28 102.20 Jan05/07  85.07
BANK RATE % Jan01  4.50 Dec25  4.50 Jan02/07  4.50

CATTLE SLAUGHTER
WEEK END  Dec29/07(prel)  Dec22/07(prel)  Dec30/06
CANADA      39,549          62,266          42,702
EAST         7,652          14,882           9,699
WEST        31,897          47,384          33,003
ALBERTA     29,034          42,763          29,962
WEEK END  Jan05/08(est)   Dec29/07(est)   Jan06/07
US         528,000         483,000         525,800
CANADIAN CATTLE GRADES
WEEK END  Dec29/07        Dec22/07        Dec30/06
A           29,475          42,695          30,646
B              386             781             571
D            3,336           7,104           4,334
E              321             590             323
A GRADE MARBLING (%)
WEEK END  Dec29/07        Dec22/07        Dec30/06
A             2.1%            2.0%            2.6%
AA           46.8%           47.8%           45.8%
AAA          51.1%           50.2%           51.6%
CANADIAN CATTLE CLASSES
WEEK END  Dec29/07(prel)  Dec22/07(prel)  Dec30/06
STEERS      18,099          26,279          18,792
HEIFERS     12,078          17,745          12,781
COWS         8,912          17,430          10,719
BULLS          460             812             410
CALVES       3,617           5,077           3,520

CATTLE FUTURES - US $/CWT - CLOSE Jan04/2008
MTH   LIVE      CHG            MTH   FEEDER    CHG
FEB   94.55   -1.50            JAN  100.33   -4.00
APR   96.95   -1.38            MAR  103.35   -3.00
JUN   94.05   -0.73            APR  106.35   -2.23
AUG   95.42   -0.55            MAY  108.10   -1.85
OCT   99.50   -0.33            AUG  109.05   -1.40
DEC  100.33   +0.17            SEP  107.90   -1.72
WEEK END        Jan04/08     Dec28/07     Jan05/07
US FSP - US$/CWT   99.59       103.77        99.18

CATTLE INDICATORS
BY PROD VAL     Dec28/07     Dec21/07     Dec29/06
  EAST-$/HEAD        N/A        79.79        96.19
  WEST-$/HEAD        N/A        99.50        98.50
  US-US$/CWT        9.83         9.82         9.24
CURRENTNESS     Dec29/07     Dec22/07     Dec30/06
  ALTA-A1%         60.7%        64.7%        67.9%
  CAN-A1%          58.5%        63.1%        65.1%
FD:STR RATIO    Dec28/07     Dec21/07     Dec29/06
  ALTA BARLEY        N/A         19.6          N/A
                Dec29/07     Dec22/07     Dec30/06
  US CORN           21.0         21.9         24.3

AVG CARCASS WT  Dec29/07     Dec22/07     Dec30/06
  ALTA STR-LBS     841.0        843.0        846.0
  CAN STR-LBS      859.0        862.0        861.0
  US CATTLE-LBS    790.0        794.0        787.0

LATEST CATTLE PRICES - $/CWT
WEEK END  Jan04/08        Dec28/07        Jan05/07
            ALBERTA RAILGRADE SALES
STR-LOW     139.00          138.00          144.50
STR-HIGH    141.60          141.35          146.00
HFR-LOW     142.00          138.00          142.00
HFR-HIGH    142.00          138.00          145.80
            ALBERTA DIRECT SALES
STR-RANGE  80.85-83.25    84.01-84.35    84.60-88.70
AVERAGE        N/A           84.01           87.34
VOLUME         N/A           9,556          12,572
HFR-RANGE  82.75-84.35    83.75-84.65    85.00-88.70
AVERAGE        N/A           83.80           87.33
VOLUME         N/A           2,933           8,553

OPEN MARKET - $/CWT
          Jan04/08        Dec28/07        Jan05/07
          STEERS - A1,2 AND CHOICE 2-4
ONTARIO      N/A-N/A        N/A-N/A      85.60-94.60
NEBRASKA*  93.00-94.00    91.00-92.00    87.00-88.50
          HEIFERS - A1,2 AND CHOICE 2-4
ONTARIO      N/A-N/A        N/A-N/A      82.95-94.40
NEBRASKA*  93.00-94.00    90.50-92.00    87.00-88.00
          COWS - D1,2
CLYDE        N/A-N/A        N/A-N/A      30.00-34.00
SIOUX F*     56.00             N/A           50.00

          800-900 LB FEEDER STEERS
CLYDE        N/A-N/A        N/A-N/A      92.00-96.25
PONOKA       N/A-N/A        N/A-N/A      93.00-97.00
STRATHMOR    N/A-N/A        N/A-N/A        N/A-N/A
ONTARIO      N/A-N/A        N/A-N/A      89.00-102.00
          700-800 LB FEEDER STEERS
CLYDE        N/A-N/A        N/A-N/A      92.00-98.00
PONOKA     86.00-94.00      N/A-N/A      92.00-99.00
STRATHMOR    N/A-N/A        N/A-N/A        N/A-N/A
C.NEBRAS*    N/A-N/A     100.00-109.50   95.00-110.50
          600-700 LB FEEDER STEERS
CLYDE        N/A-N/A        N/A-N/A      95.00-103.75
PONOKA     90.00-100.00     N/A-N/A      96.00-104.00
STRATHMOR    N/A-N/A        N/A-N/A        N/A-N/A
          500-600 LB FEEDER STEERS
CLYDE        N/A-N/A        N/A-N/A     100.00-111.00
PONOKA     92.00-102.00     N/A-N/A     103.00-115.00
STRATHMOR    N/A-N/A        N/A-N/A        N/A-N/A
ONTARIO      N/A-N/A        N/A-N/A      95.00-122.00
          700-800 LB FEEDER HEIFERS
CLYDE        N/A-N/A        N/A-N/A      88.00-94.00
PONOKA     79.00-84.00      N/A-N/A      85.00-93.50
STRATHMOR    N/A-N/A        N/A-N/A        N/A-N/A
          500-600 LB FEEDER HEIFERS
CLYDE        N/A-N/A        N/A-N/A      95.00-110.00
PONOKA     82.00-92.00      N/A-N/A      88.00-96.00
STRATHMOR    N/A-N/A        N/A-N/A        N/A-N/A


NOTE: * denotes price in US Dollars

PRELIM LIVE ANIMAL TRADE - WEEK ENDING Dec21/2007
CATTLE       FROM US     TO US     TO US     TO US
                SLTR      SLTR       FDR      HOGS
CANADA             0    21,915    15,998    82,753
EAST               0     6,298       114    29,671
WEST               0    15,617    15,884    53,082

BEEF WHOLESALE PRICES - $/CWT
WEEK ENDING     Jan04/08     Dec28/07     Jan05/07
CALGARY-STRS     N/A-N/A      141-142      146-147
CDA CUTOUT AAA       N/A          N/A       165.79
CDA CUTOUT AA/A      N/A          N/A       155.26

US BOXED BEEF CUTOUT - US $/CWT
WEEK END        Jan04/08     Dec28/07     Jan05/07
CHOICE 6-900      148.05       147.69       146.26
SELECT 6-900      136.97       136.11       131.46

HOG SLAUGHTER
WEEK END  Dec29/07(prel)  Dec22/07(prel)  Dec30/06
CANADA         N/A         407,892         247,091
EAST           N/A         253,132         142,873
WEST           N/A         154,760         104,218
ALBERTA        N/A          70,547          34,765
WEEK END  Jan05/08(est)   Dec29/07(est)   Jan06/07
US       2,009,000       1,763,000       1,844,700

HOG CASH PRICES - INDEX 100 - $/KG
WEEK END  Jan03/08        Dec27/07        Jan04/07
ALTA AVG       N/A            .917           1.190
ONT AVG        N/A             N/A           1.286
INTERIOR IOWA MINNESOTA HOG CASH PRICES
WEEK END        Jan04/08     Dec28/07     Jan05/07
US $/CWT             N/A        49.06        57.65
CAN EQVT $/KG        N/A        1.238        1.747
US PORK CARCASS CUTOUT
US $/CWT           56.15        58.48        63.28
HOG FUTURES - US$/CWT       CAN/US$ CLOSE Jan04/2008
MTH   LEAN      CHG            MTH   FUTURES   CHG
FEB   56.40   -0.90            MAR   .9988 -0.0212
APR   61.90   -1.45            JUN   .9985 -0.0211
MAY   68.92   -0.80            SEP   .9980 -0.0211
JUN   72.40   -0.52            DEC   .9969 -0.0214
JUL   71.72   -1.35            MAR   .9958 -0.0217
AUG   71.38   -0.53            JUN   .9947 -0.0220
HOG INDICATORS
WEEK END            Dec29/07   Dec22/07   Dec30/06
  AV DRSD WT US-LBS    205.0      205.0      203.0
FD:HOG RATIO        Dec28/07Dec21/07Dec29/06
  US CORN               11.5       12.3       17.4
                    Dec28/07   Dec21/07   Dec29/06
  ALTA BARLEY            N/A        8.2        N/A

SHEEP AND LAMB PRICES - Most Recent Sale to Jan03/2008
             MARKET LAMBS - FEEDER LAMBS     SHEEP
             (95-115 LBS)   (61-80 LBS)   (ALL WTS.)
ONTARIO      139.21-159.00  179.38-312.50     N/A
TEXAS (US$)        N/A           N/A        N/A
CENTRAL ALTA 110.88-115.68
(INNISFAIL)