Weekly Livestock Market Review - January 11, 2008

The next weekly will be published on Friday, January 18, 2008
This information is collected by the Statistics and Data Development Unit

CAN/US $ Jan11  98.05 Jan04 100.09 Jan12/07  85.46
BANK RATE % Jan08  4.50 Jan01  4.50 Jan09/07  4.50

CATTLE SLAUGHTER
WEEK END  Jan05/08(prel)  Dec29/07(prel)  Jan06/07
CANADA      44,307          39,549          51,562
EAST         9,210           7,652          14,001
WEST        35,097          31,897          37,561
ALBERTA     31,315          29,034          33,524
WEEK END  Jan12/08(est)   Jan05/08(est)   Jan13/07
US         631,000         533,000         599,500
CANADIAN CATTLE GRADES
WEEK END  Jan05/08        Dec29/07        Jan06/07
A           31,279          29,475          37,252
B              407             386             712
D            5,364           3,336           5,331
E              438             321             440
A GRADE MARBLING (%)
WEEK END  Jan05/08        Dec29/07        Jan06/07
A             1.9%            2.1%            2.3%
AA           44.1%           46.8%           43.3%
AAA          54.0%           51.1%           54.5%
CANADIAN CATTLE CLASSES
WEEK END  Jan05/08(prel)  Dec29/07(prel)  Jan06/07
STEERS      19,959          18,099          22,534
HEIFERS     11,888          12,078          16,114
COWS        11,994           8,912          12,358
BULLS          466             460             556
CALVES       3,275           3,617           3,315

CATTLE FUTURES - US $/CWT - CLOSE Jan11/2008
MTH   LIVE      CHG            MTH   FEEDER    CHG
FEB   91.35   -3.20            JAN   99.50   -0.83
APR   95.50   -1.45            MAR  102.50   -0.85
JUN   94.10   +0.05            APR  105.70   -0.65
AUG   96.55   +1.13            MAY  108.05   -0.05
OCT  101.28   +1.78            AUG  109.90   +0.85
DEC  102.28   +1.95            SEP  110.00   +2.10
WEEK END        Jan11/08     Jan04/08     Jan12/07
US FSP - US$/CWT   98.82        99.59        98.54

CATTLE INDICATORS
BY PROD VAL     Jan04/08     Dec28/07     Jan05/07
  EAST-$/HEAD      79.79        79.79        96.19
  WEST-$/HEAD      99.50          N/A        98.50
  US-US$/CWT        9.86         9.83         9.37
CURRENTNESS     Jan05/08     Dec29/07     Jan06/07
  ALTA-A1%         61.0%        60.7%        59.4%
  CAN-A1%          58.2%        58.5%        57.4%
FD:STR RATIO    Jan04/08     Dec28/07     Jan05/07
  ALTA BARLEY       17.6          N/A         23.9
                Jan05/08     Dec29/07     Jan06/07
  US CORN           20.5         21.0         24.7

AVG CARCASS WT  Jan05/08     Dec29/07     Jan06/07
  ALTA STR-LBS     853.0        841.0        848.0
  CAN STR-LBS      877.0        859.0        865.0
  US CATTLE-LBS    784.0        790.0        788.0

LATEST CATTLE PRICES - $/CWT
WEEK END  Jan11/08        Jan04/08        Jan12/07
            ALBERTA RAILGRADE SALES
STR-LOW     136.50          139.00          145.00
STR-HIGH    139.80          141.60          149.00
HFR-LOW     138.00          142.00          145.00
HFR-HIGH    139.80          142.00          147.80
            ALBERTA DIRECT SALES
STR-RANGE  79.25-82.75    80.85-83.25    85.90-89.00
AVERAGE        N/A           82.23           87.99
VOLUME         N/A           8,984          17,420
HFR-RANGE  80.15-83.60    82.75-84.35    85.65-89.35
AVERAGE        N/A           84.19           88.16
VOLUME         N/A           2,865           5,638

OPEN MARKET - $/CWT
          Jan11/08        Jan04/08        Jan12/07
          STEERS - A1,2 AND CHOICE 2-4
ONTARIO      N/A-N/A      75.20-81.85    85.75-94.15
NEBRASKA*    N/A-N/A      93.00-94.00    85.00-88.00
          HEIFERS - A1,2 AND CHOICE 2-4
ONTARIO      N/A-N/A      64.10-83.85    85.60-94.75
NEBRASKA*    N/A-N/A      92.00-94.00    85.00-87.50
          COWS - D1,2
CLYDE      28.00-36.00      N/A-N/A      30.00-34.00
SIOUX F*     52.25           56.00           49.50

          800-900 LB FEEDER STEERS
CLYDE      80.00-86.75      N/A-N/A      92.00-101.00
PONOKA     81.00-86.50      N/A-N/A      93.00-100.00
STRATHMOR  75.00-86.00      N/A-N/A        N/A-N/A
ONTARIO      N/A-N/A      78.00-87.00    95.00-108.00
          700-800 LB FEEDER STEERS
CLYDE      82.00-91.25      N/A-N/A      95.00-102.50
PONOKA     83.00-89.00    86.00-94.00    93.00-100.00
STRATHMOR  78.00-88.00      N/A-N/A      88.00-100.00
C.NEBRAS*    N/A-N/A      93.25-105.50   91.00-108.50
          600-700 LB FEEDER STEERS
CLYDE      88.00-98.00      N/A-N/A     100.00-112.00
PONOKA     84.00-95.00    90.00-100.00   99.00-110.00
STRATHMOR  80.00-94.00      N/A-N/A      90.00-107.00
          500-600 LB FEEDER STEERS
CLYDE      95.00-108.00     N/A-N/A     100.00-121.50
PONOKA     85.00-100.00   92.00-102.00  105.00-120.00
STRATHMOR  85.00-100.00     N/A-N/A     100.00-110.00
ONTARIO      N/A-N/A      83.00-103.00  108.00-127.00
          700-800 LB FEEDER HEIFERS
CLYDE      74.00-80.50      N/A-N/A      88.00-96.00
PONOKA     74.00-80.00    79.00-84.00    85.00-95.00
STRATHMOR  70.00-83.00      N/A-N/A      85.00-92.00
          500-600 LB FEEDER HEIFERS
CLYDE      80.00-86.75      N/A-N/A      95.00-110.00
PONOKA     75.00-87.00    82.00-92.00    92.00-104.00
STRATHMOR  75.00-90.00      N/A-N/A      80.00-98.00


NOTE: * denotes price in US Dollars

PRELIM LIVE ANIMAL TRADE - WEEK ENDING Jan04/2008
CATTLE       FROM US     TO US     TO US     TO US
                SLTR      SLTR       FDR      HOGS
CANADA             0    12,580     4,347    62,917
EAST               0     4,010       344    21,570
WEST               0     8,570     4,003    41,347

BEEF WHOLESALE PRICES - $/CWT
WEEK ENDING     Jan11/08     Jan04/08     Jan12/07
CALGARY-STRS     143-144      N/A-N/A      146-147
CDA CUTOUT AAA       N/A          N/A       169.61
CDA CUTOUT AA/A      N/A          N/A       161.51

US BOXED BEEF CUTOUT - US $/CWT
WEEK END        Jan11/08     Jan04/08     Jan12/07
CHOICE 6-900      149.24       148.05       152.50
SELECT 6-900      138.95       136.97       138.36

HOG SLAUGHTER
WEEK END  Jan05/08(prel)  Dec29/07(prel)  Jan06/07
CANADA     300,791         239,897         318,780
EAST       186,936         144,761         175,712
WEST       113,855          95,136         143,068
ALBERTA     31,363          34,034          49,613
WEEK END  Jan12/08(est)   Jan05/08(est)   Jan13/07
US       2,444,000       2,011,000       2,100,400

HOG CASH PRICES - INDEX 100 - $/KG
WEEK END  Jan10/08        Jan03/08        Jan11/07
ALTA AVG      .814            .830           1.166
ONT AVG        N/A             N/A           1.256
INTERIOR IOWA MINNESOTA HOG CASH PRICES
WEEK END        Jan11/08     Jan04/08     Jan12/07
US $/CWT             N/A        47.29        57.80
CAN EQVT $/KG        N/A        1.218        1.744
US PORK CARCASS CUTOUT
US $/CWT           55.54        56.88        62.54
HOG FUTURES - US$/CWT       CAN/US$ CLOSE Jan11/2008
MTH   LEAN      CHG            MTH   FUTURES   CHG
FEB   54.00   -2.40            MAR   .9801 -0.0187
APR   62.25   +0.35            JUN   .9795 -0.0190
MAY   70.33   +1.40            SEP   .9785 -0.0195
JUN   74.63   +2.22            DEC   .9774 -0.0195
JUL   74.78   +3.05            MAR   .9763 -0.0195
AUG   74.20   +2.83            JUN   .9752 -0.0195
HOG INDICATORS
WEEK END            Jan05/08   Dec29/07   Jan06/07
  AV DRSD WT US-LBS    204.0      205.0      202.0
FD:HOG RATIO        Jan04/08Dec28/07Jan05/07
  US CORN               10.8       11.5       15.5
                    Jan04/08   Dec28/07   Jan05/07
  ALTA BARLEY            6.4        N/A       11.8

SHEEP AND LAMB PRICES - Most Recent Sale to Jan10/2008
             MARKET LAMBS - FEEDER LAMBS     SHEEP
             (95-115 LBS)   (61-80 LBS)   (ALL WTS.)
ONTARIO      136.55-177.00  161.27-233.00     N/A
TEXAS (US$)        N/A           N/A      43.50$/CWT
CENTRAL ALTA 111.84-116.64
(INNISFAIL)