Weekly Livestock Market Review - February 8, 2008

The next weekly will be published on Friday, February 15, 2008
This information is collected by the Statistics and Data Development Unit

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)