Weekly Livestock Market Review - February 1, 2008

The next weekly will be published on Friday, February 8, 2008
This information is collected by the Statistics and Data Development Unit
CAN/US $ Feb01 100.57 Jan25  99.56 Feb02/07  84.47
BANK RATE % Jan29  4.25 Jan22  4.50 Jan30/07  4.50

CATTLE SLAUGHTER
WEEK END  Jan26/08(prel)  Jan19/08(prel)  Jan27/07
CANADA      61,782          62,378          67,717
EAST        15,636          15,924          18,784
WEST        46,146          46,454          48,933
ALBERTA     41,409          41,508          43,830
WEEK END  Feb02/08(est)   Jan26/08(est)   Feb03/07
US         613,000         640,000         641,900
CANADIAN CATTLE GRADES
WEEK END  Jan26/08        Jan19/08        Jan27/07
A           41,279          42,145          47,984
B              590             602           1,077
D            7,230           6,366           6,499
E              286             263             550
A GRADE MARBLING (%)
WEEK END  Jan26/08        Jan19/08        Jan27/07
A             2.4%            2.1%            2.7%
AA           43.5%           43.3%           44.3%
AAA          54.1%           54.6%           53.0%
CANADIAN CATTLE CLASSES
WEEK END  Jan26/08(prel)  Jan19/08(prel)  Jan27/07
STEERS      26,196          25,246          26,373
HEIFERS     16,134          18,051          23,354
COWS        18,987          18,656          17,264
BULLS          465             425             726
CALVES       4,900           4,958           4,727

CATTLE FUTURES - US $/CWT - CLOSE Feb01/2008
MTH   LIVE      CHG            MTH   FEEDER    CHG
FEB   90.22   -1.18            MAR  105.45   +3.35
APR   94.05   -0.33            APR  109.38   +3.33
JUN   93.95   +0.95            MAY  111.90   +3.63
AUG   96.70   +1.23            AUG  112.53   +2.05
OCT  101.38   +1.47            SEP  112.00   +2.10
DEC  102.25   +1.15            OCT  111.50   +1.80
WEEK END        Feb01/08     Jan25/08     Feb02/07
US FSP - US$/CWT   99.63        98.09        94.42

CATTLE INDICATORS
BY PROD VAL     Jan25/08     Jan18/08     Jan26/07
  EAST-$/HEAD      77.93        77.79        99.69
  WEST-$/HEAD      98.50        98.50       100.00
  US-US$/CWT       10.16         9.95         9.66
CURRENTNESS     Jan26/08     Jan19/08     Jan27/07
  ALTA-A1%         63.0%        60.9%        61.5%
  CAN-A1%          60.9%        58.9%        60.7%
FD:STR RATIO    Jan25/08     Jan18/08     Jan26/07
  ALTA BARLEY       17.3         17.1         23.8
                Jan26/08     Jan19/08     Jan27/07
  US CORN           19.4         19.1         22.9

AVG CARCASS WT  Jan26/08     Jan19/08     Jan27/07
  ALTA STR-LBS     852.0        851.0        845.0
  CAN STR-LBS      868.0        869.0        860.0
  US CATTLE-LBS    778.0        780.0        784.0

LATEST CATTLE PRICES - $/CWT
WEEK END  Feb01/08        Jan25/08        Feb02/07
            ALBERTA RAILGRADE SALES
STR-LOW     130.25          135.00          144.50
STR-HIGH    136.00          136.65          146.20
HFR-LOW     130.25          135.50          144.85
HFR-HIGH    136.00          136.25          146.00
            ALBERTA DIRECT SALES
STR-RANGE  79.50-81.05    79.05-82.00    85.40-87.75
AVERAGE        N/A           80.88           87.00
VOLUME         N/A          14,331          15,249
HFR-RANGE  80.68-81.70    79.75-80.60    85.00-87.75
AVERAGE        N/A           80.61           86.22
VOLUME         N/A           4,058           8,776

OPEN MARKET - $/CWT
          Feb01/08        Jan25/08        Feb02/07
          STEERS - A1,2 AND CHOICE 2-4
ONTARIO      N/A-N/A      74.55-82.95    85.70-94.70
NEBRASKA*    N/A-N/A      88.00-90.00    85.50-87.00
          HEIFERS - A1,2 AND CHOICE 2-4
ONTARIO      N/A-N/A      76.60-83.60    85.10-93.00
NEBRASKA*    N/A-N/A      89.00-89.00    85.50-87.50
          COWS - D1,2
CLYDE      28.00-35.00    28.00-35.00    28.00-36.00
SIOUX F*     61.00           53.00           48.00

          800-900 LB FEEDER STEERS
CLYDE      80.00-84.75    80.00-86.75    88.00-96.25
PONOKA       N/A-N/A      84.00-87.75    89.00-97.85
STRATHMOR  75.00-88.00      N/A-N/A      85.00-99.00
ONTARIO      N/A-N/A      76.00-87.00    94.00-103.00
          700-800 LB FEEDER STEERS
CLYDE      80.00-86.75    82.00-88.75    95.00-103.00
PONOKA       N/A-N/A      84.00-87.75    95.00-101.50
STRATHMOR  78.00-88.00      N/A-N/A      91.00-99.00
C.NEBRAS*    N/A-N/A      92.50-105.85   90.25-105.40
          600-700 LB FEEDER STEERS
CLYDE      85.00-93.00    85.00-98.00   100.00-114.00
PONOKA       N/A-N/A      88.00-92.00    95.00-103.25
STRATHMOR  80.00-98.00      N/A-N/A      95.00-105.00
          500-600 LB FEEDER STEERS
CLYDE      93.00-102.00   93.00-106.00  105.00-119.50
PONOKA       N/A-N/A      93.00-103.50  105.00-115.00
STRATHMOR  85.00-100.00     N/A-N/A     100.00-110.00
ONTARIO      N/A-N/A      86.00-103.00  104.00-118.00
          700-800 LB FEEDER HEIFERS
CLYDE      72.00-77.75    72.00-80.50    85.00-95.75
PONOKA       N/A-N/A      74.00-78.00    88.00-94.00
STRATHMOR  70.00-85.00      N/A-N/A      80.00-91.00
          500-600 LB FEEDER HEIFERS
CLYDE      80.00-80.25    80.00-87.25    95.00-104.75
PONOKA       N/A-N/A      76.00-83.00    98.00-105.00
STRATHMOR  75.00-90.00      N/A-N/A      80.00-100.00


NOTE: * denotes price in US Dollars

PRELIM LIVE ANIMAL TRADE - WEEK ENDING Jan25/2008
CATTLE       FROM US     TO US     TO US     TO US
                SLTR      SLTR       FDR      HOGS
CANADA           N/A       N/A       N/A       N/A
EAST             N/A       N/A       N/A       N/A
WEST             N/A       N/A       N/A       N/A

BEEF WHOLESALE PRICES - $/CWT
WEEK ENDING     Feb01/08     Jan25/08     Feb02/07
CALGARY-STRS     138-140      138-140      145-147
CDA CUTOUT AAA       N/A          N/A       169.96
CDA CUTOUT AA/A      N/A          N/A       164.77

US BOXED BEEF CUTOUT - US $/CWT
WEEK END        Feb01/08     Jan25/08     Feb02/07
CHOICE 6-900      143.44       144.00       143.06
SELECT 6-900      137.40       137.30       134.91

HOG SLAUGHTER
WEEK END  Jan26/08(prel)  Jan19/08(prel)  Jan27/07
CANADA     460,063         443,310         441,321
EAST       294,487         285,504         267,899
WEST       165,576         157,806         173,422
ALBERTA     61,250          56,217          59,472
WEEK END  Feb02/08(est)   Jan26/08(est)   Feb03/07
US       2,276,000       2,304,000       2,047,600

HOG CASH PRICES - INDEX 100 - $/KG
WEEK END  Jan31/08        Jan24/08        Feb01/07
ALTA AVG      .947            .933           1.283
ONT AVG        N/A             N/A           1.319
INTERIOR IOWA MINNESOTA HOG CASH PRICES
WEEK END        Feb01/08     Jan25/08     Feb02/07
US $/CWT             N/A        52.92        64.37
CAN EQVT $/KG        N/A        1.370        1.964
US PORK CARCASS CUTOUT
US $/CWT           60.72        55.80        64.75
HOG FUTURES - US$/CWT       CAN/US$ CLOSE Feb01/2008
MTH   LEAN      CHG            MTH   FUTURES   CHG
FEB   59.88   +3.67            MAR  1.0055 +0.0120
APR   66.67   +4.72            JUN  1.0037 +0.0118
MAY   74.95   +3.53            SEP  1.0016 +0.0120
JUN   79.80   +4.88            DEC   .9999 +0.0122
JUL   79.90   +4.28            MAR   .9980 +0.0113
AUG   79.80   +4.27            JUN   .9961 +0.0104
HOG INDICATORS
WEEK END            Jan26/08   Jan19/08   Jan27/07
  AV DRSD WT US-LBS    205.0      204.0      204.0
FD:HOG RATIO        Jan25/08Jan18/08Jan26/07
  US CORN               11.4       10.1       16.2
                    Jan25/08   Jan18/08   Jan26/07
  ALTA BARLEY            7.2        6.8       12.3

SHEEP AND LAMB PRICES - Most Recent Sale to Jan31/2008
             MARKET LAMBS - FEEDER LAMBS     SHEEP
             (95-115 LBS)   (61-80 LBS)   (ALL WTS.)
ONTARIO      145.16-178.00  163.26-250.00     N/A
TEXAS (US$)        N/A        116.00      39.00$/CWT
CENTRAL ALTA 104.16-119.04
(INNISFAIL)