CAN/US $ Feb08 100.09 Feb01 100.57 Feb09/07 85.19 BANK RATE % Feb05 4.25 Jan29 4.25 Feb06/07 4.50 CATTLE SLAUGHTER WEEK END Feb02/08(prel) Jan26/08(prel) Feb03/07 CANADA 58,368 61,782 67,535 EAST 15,154 15,636 18,600 WEST 43,214 46,146 48,935 ALBERTA 38,549 41,409 43,744 WEEK END Feb09/08(est) Feb02/08(est) Feb10/07 US 620,000 613,000 620,600 CANADIAN CATTLE GRADES WEEK END Feb02/08 Jan26/08 Feb03/07 A 41,597 41,279 47,644 B 587 590 1,004 D 6,481 7,230 6,858 E 230 286 602 A GRADE MARBLING (%) WEEK END Feb02/08 Jan26/08 Feb03/07 A 2.0% 2.4% 3.0% AA 43.4% 43.5% 45.7% AAA 54.5% 54.1% 51.3% CANADIAN CATTLE CLASSES WEEK END Feb02/08(prel) Jan26/08(prel) Feb03/07 STEERS 22,841 26,196 29,445 HEIFERS 19,868 16,134 19,929 COWS 15,254 18,987 17,265 BULLS 405 465 896 CALVES 5,169 4,900 4,902 CATTLE FUTURES - US $/CWT - CLOSE Feb08/2008 MTH LIVE CHG MTH FEEDER CHG FEB 92.20 +1.98 MAR 105.03 -0.42 APR 95.10 +1.05 APR 109.45 +0.08 JUN 94.20 +0.25 MAY 112.20 +0.30 AUG 96.83 +0.13 AUG 113.20 +0.67 OCT 101.55 +0.17 SEP 112.70 +0.70 DEC 102.65 +0.40 OCT 112.75 +1.25 WEEK END Feb08/08 Feb01/08 Feb09/07 US FSP - US$/CWT 101.61 99.63 97.57 CATTLE INDICATORS BY PROD VAL Feb01/08 Jan25/08 Feb02/07 EAST-$/HEAD 78.25 77.93 104.44 WEST-$/HEAD 98.50 98.50 100.00 US-US$/CWT 10.30 10.16 9.64 CURRENTNESS Feb02/08 Jan26/08 Feb03/07 ALTA-A1% 59.6% 63.0% 61.5% CAN-A1% 59.6% 60.9% 60.6% FD:STR RATIO Feb01/08 Jan25/08 Feb02/07 ALTA BARLEY 17.3 17.3 23.8 Feb02/08 Jan26/08 Feb03/07 US CORN 18.9 19.4 23.2 AVG CARCASS WT Feb02/08 Jan26/08 Feb03/07 ALTA STR-LBS 841.0 852.0 850.0 CAN STR-LBS 854.0 868.0 860.0 US CATTLE-LBS 774.0 778.0 781.0 LATEST CATTLE PRICES - $/CWT WEEK END Feb08/08 Feb01/08 Feb09/07 ALBERTA RAILGRADE SALES STR-LOW 135.00 130.25 143.50 STR-HIGH 136.00 136.00 148.35 HFR-LOW 135.00 130.25 143.50 HFR-HIGH 136.00 136.00 148.50 ALBERTA DIRECT SALES STR-RANGE 79.25-81.90 79.50-81.05 85.50-91.60 AVERAGE N/A 81.03 88.50 VOLUME N/A 11,015 11,772 HFR-RANGE 78.00-82.25 80.70-81.70 86.50-89.60 AVERAGE N/A 80.68 87.34 VOLUME N/A 3,868 8,943 OPEN MARKET - $/CWT Feb08/08 Feb01/08 Feb09/07 STEERS - A1,2 AND CHOICE 2-4 ONTARIO N/A-N/A 74.70-81.70 87.35-95.85 NEBRASKA* 90.50-90.50 86.00-89.00 88.00-91.00 HEIFERS - A1,2 AND CHOICE 2-4 ONTARIO N/A-N/A 75.50-81.70 84.35-95.55 NEBRASKA* 90.50-90.50 87.00-89.00 89.00-90.50 COWS - D1,2 CLYDE 32.00-40.00 28.00-35.00 28.00-37.00 SIOUX F* 62.50 61.00 52.50 800-900 LB FEEDER STEERS CLYDE 80.00-85.00 80.00-84.75 95.00-101.00 PONOKA 80.00-86.50 N/A-N/A 95.00-100.00 STRATHMOR N/A-N/A 75.00-88.00 85.00-99.00 ONTARIO N/A-N/A 79.00-94.00 92.00-105.00 700-800 LB FEEDER STEERS CLYDE 80.00-89.75 80.00-86.75 95.00-104.25 PONOKA 82.00-89.50 N/A-N/A 98.00-106.50 STRATHMOR N/A-N/A 78.00-88.00 93.00-104.00 C.NEBRAS* N/A-N/A 95.00-110.50 92.00-112.25 600-700 LB FEEDER STEERS CLYDE 88.00-99.75 85.00-93.00 100.00-114.00 PONOKA 85.00-95.00 N/A-N/A 103.00-115.00 STRATHMOR N/A-N/A 80.00-98.00 100.00-113.00 500-600 LB FEEDER STEERS CLYDE 96.00-111.00 93.00-102.00 105.00-119.50 PONOKA 88.00-104.00 N/A-N/A 113.00-120.00 STRATHMOR N/A-N/A 85.00-100.00 100.00-120.00 ONTARIO N/A-N/A 90.00-110.00 111.00-124.00 700-800 LB FEEDER HEIFERS CLYDE 75.00-81.00 72.00-77.75 88.00-99.50 PONOKA 76.00-82.00 N/A-N/A 92.00-96.50 STRATHMOR N/A-N/A 70.00-85.00 88.00-91.00 500-600 LB FEEDER HEIFERS CLYDE 85.00-93.50 80.00-80.25 95.00-107.00 PONOKA 80.00-87.00 N/A-N/A 100.00-115.00 STRATHMOR N/A-N/A 75.00-90.00 95.00-102.00 NOTE: * denotes price in US Dollars PRELIM LIVE ANIMAL TRADE - WEEK ENDING Feb01/2008 CATTLE FROM US TO US TO US TO US SLTR SLTR FDR HOGS CANADA 0 22,304 13,334 73,438 EAST 0 5,012 0 22,100 WEST 0 17,292 13,334 51,338 BEEF WHOLESALE PRICES - $/CWT WEEK ENDING Feb08/08 Feb01/08 Feb09/07 CALGARY-STRS 137-139 138-140 145-147 CDA CUTOUT AAA N/A N/A 169.83 CDA CUTOUT AA/A N/A N/A 163.83 US BOXED BEEF CUTOUT - US $/CWT WEEK END Feb08/08 Feb01/08 Feb09/07 CHOICE 6-900 148.57 143.44 143.34 SELECT 6-900 143.10 137.40 136.69 HOG SLAUGHTER WEEK END Feb02/08(prel) Jan26/08(prel) Feb03/07 CANADA 435,286 449,060 433,224 EAST 277,011 283,484 263,160 WEST 158,275 165,576 170,064 ALBERTA 55,325 61,250 59,465 WEEK END Feb09/08(est) Feb02/08(est) Feb10/07 US 2,210,000 2,270,000 1,958,300 HOG CASH PRICES - INDEX 100 - $/KG WEEK END Feb07/08 Jan31/08 Feb08/07 ALTA AVG .985 .942 1.335 ONT AVG N/A N/A 1.368 INTERIOR IOWA MINNESOTA HOG CASH PRICES WEEK END Feb08/08 Feb01/08 Feb09/07 US $/CWT N/A 54.89 65.50 CAN EQVT $/KG N/A 1.407 1.982 US PORK CARCASS CUTOUT US $/CWT 61.16 59.32 68.37 HOG FUTURES - US$/CWT CAN/US$ CLOSE Feb08/2008 MTH LEAN CHG MTH FUTURES CHG FEB 58.08 -1.80 MAR .9987 -0.0068 APR 64.88 -1.80 JUN .9966 -0.0071 MAY 74.20 -0.75 SEP .9947 -0.0069 JUN 78.55 -1.25 DEC .9928 -0.0071 JUL 79.80 -0.10 MAR .9909 -0.0071 AUG 80.10 +0.30 JUN .9890 -0.0071 HOG INDICATORS WEEK END Feb02/08 Jan26/08 Feb03/07 AV DRSD WT US-LBS 206.0 205.0 204.0 FD:HOG RATIO Feb01/08Jan25/08Feb02/07 US CORN 11.3 11.4 17.4 Feb01/08 Jan25/08 Feb02/07 ALTA BARLEY 7.3 7.2 12.7 SHEEP AND LAMB PRICES - Most Recent Sale to Feb07/2008 MARKET LAMBS - FEEDER LAMBS SHEEP (95-115 LBS) (61-80 LBS) (ALL WTS.) ONTARIO 135.72-185.00 153.40-252.00 N/A TEXAS (US$) N/A N/A 37.00$/CWT CENTRAL ALTA 120.48-123.84 (INNISFAIL)