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)