Weekly Livestock Market Review - February 15, 2008

The next weekly will be published on Friday, February 22, 2008
This information is collected by the Statistics and Data Development Unit

CAN/US $ Feb15  99.84 Feb08 100.09 Feb16/07  85.93
BANK RATE % Feb12  4.25 Feb05  4.25 Feb13/07  4.50

CATTLE SLAUGHTER
WEEK END  Feb09/08(prel)  Feb02/08(prel)  Feb10/07
CANADA      64,612          58,368          66,319
EAST        14,839          15,154          17,636
WEST        49,773          43,214          48,683
ALBERTA     45,227          38,549          43,815
WEEK END  Feb16/08(est)   Feb09/08(est)   Feb17/07
US         624,000         620,000         620,100
CANADIAN CATTLE GRADES
WEEK END  Feb09/08        Feb02/08        Feb10/07
A           45,260          41,597          48,255
B              612             587             943
D            6,913           6,481           6,461
E              169             230             564
A GRADE MARBLING (%)
WEEK END  Feb09/08        Feb02/08        Feb10/07
A             1.9%            2.0%            2.6%
AA           39.2%           43.4%           44.3%
AAA          59.0%           54.5%           53.1%
CANADIAN CATTLE CLASSES
WEEK END  Feb09/08(prel)  Feb02/08(prel)  Feb10/07
STEERS      25,513          22,841          28,275
HEIFERS     21,261          19,868          21,556
COWS        17,587          15,254          15,757
BULLS          251             405             731
CALVES       5,139           5,169           5,122

CATTLE FUTURES - US $/CWT - CLOSE Feb15/2008
MTH   LIVE      CHG            MTH   FEEDER    CHG
FEB   91.40   -0.80            MAR  104.63   -0.40
APR   93.97   -1.13            APR  108.05   -1.40
JUN   93.83   -0.38            MAY  110.80   -1.40
AUG   96.63   -0.20            AUG  112.20   -1.00
OCT  101.20   -0.35            SEP  112.60   -0.10
DEC  102.43   -0.23            OCT  112.40   -0.35
WEEK END        Feb15/08     Feb08/08     Feb16/07
US FSP - US$/CWT  103.71       101.61        98.54

CATTLE INDICATORS
BY PROD VAL     Feb08/08     Feb01/08     Feb09/07
  EAST-$/HEAD      78.00        78.25       104.44
  WEST-$/HEAD      98.00        98.50       100.00
  US-US$/CWT       10.44        10.30         9.63
CURRENTNESS     Feb09/08     Feb02/08     Feb10/07
  ALTA-A1%         56.5%        59.6%        61.5%
  CAN-A1%          58.2%        59.6%        61.3%
FD:STR RATIO    Feb08/08     Feb01/08     Feb09/07
  ALTA BARLEY       17.4         17.3         24.6
                Feb09/08     Feb02/08     Feb10/07
  US CORN           18.6         18.9         23.8

AVG CARCASS WT  Feb09/08     Feb02/08     Feb10/07
  ALTA STR-LBS     845.0        841.0        839.0
  CAN STR-LBS      854.0        854.0        854.0
  US CATTLE-LBS    774.0        774.0        778.0

LATEST CATTLE PRICES - $/CWT
WEEK END  Feb15/08        Feb08/08        Feb16/07
            ALBERTA RAILGRADE SALES
STR-LOW     136.00          135.00          148.85
STR-HIGH    138.70          136.00          151.50
HFR-LOW     137.50          135.00          148.00
HFR-HIGH    137.85          136.00          151.30
            ALBERTA DIRECT SALES
STR-RANGE  79.75-81.90    79.25-81.90    88.15-92.75
AVERAGE        N/A           81.33           90.25
VOLUME         N/A          12,485          11,328
HFR-RANGE  79.50-82.55    78.00-82.25    87.25-92.00
AVERAGE        N/A           80.94           89.81
VOLUME         N/A           5,885          13,023

OPEN MARKET - $/CWT
          Feb15/08        Feb08/08        Feb16/07
          STEERS - A1,2 AND CHOICE 2-4
ONTARIO      N/A-N/A      76.60-83.55    88.20-98.75
NEBRASKA*    N/A-N/A      90.00-91.00    89.50-91.00
          HEIFERS - A1,2 AND CHOICE 2-4
ONTARIO      N/A-N/A      75.90-83.75    88.50-97.10
NEBRASKA*  89.50-90.00    90.00-91.00    89.00-91.00
          COWS - D1,2
CLYDE      32.00-41.50    32.00-40.00    33.00-40.00
SIOUX F*     63.00           62.50           52.50

          800-900 LB FEEDER STEERS
CLYDE      80.00-88.00    80.00-85.00    95.00-103.75
PONOKA     83.00-88.75    80.00-86.50    95.00-103.00
STRATHMOR    N/A-N/A      75.00-88.00    85.00-100.00
ONTARIO      N/A-N/A      85.00-92.00    94.00-105.00
          700-800 LB FEEDER STEERS
CLYDE      85.00-90.50    80.00-89.75   100.00-112.00
PONOKA     86.00-94.00    82.00-89.50    98.00-108.00
STRATHMOR    N/A-N/A      78.00-94.00    93.00-108.00
C.NEBRAS*    N/A-N/A      97.75-113.25   90.50-111.10
          600-700 LB FEEDER STEERS
CLYDE      93.00-104.50   88.00-99.75   110.00-118.00
PONOKA     88.00-102.00   85.00-95.00   105.00-116.00
STRATHMOR    N/A-N/A      80.00-105.00  100.00-117.00
          500-600 LB FEEDER STEERS
CLYDE      96.00-112.50   96.00-111.00  115.00-125.50
PONOKA     90.00-108.00   88.00-104.00  110.00-125.00
STRATHMOR    N/A-N/A      85.00-112.00  100.00-121.00
ONTARIO      N/A-N/A      97.00-109.00  113.00-128.00
          700-800 LB FEEDER HEIFERS
CLYDE      75.00-82.75    75.00-81.00    92.00-100.00
PONOKA     76.00-82.00    76.00-82.00    92.00-97.75
STRATHMOR    N/A-N/A      70.00-86.00    85.00-98.00
          500-600 LB FEEDER HEIFERS
CLYDE      85.00-91.75    85.00-93.50   100.00-110.00
PONOKA     80.00-91.00    80.00-87.00   100.00-112.00
STRATHMOR    N/A-N/A      75.00-95.00    90.00-114.00


NOTE: * denotes price in US Dollars

PRELIM LIVE ANIMAL TRADE - WEEK ENDING Feb08/2008
CATTLE       FROM US     TO US     TO US     TO US
                SLTR      SLTR       FDR      HOGS
CANADA             0    22,217    17,006    63,465
EAST               0     6,162        66    23,509
WEST               0    16,055    16,940    39,956

BEEF WHOLESALE PRICES - $/CWT
WEEK ENDING     Feb15/08     Feb08/08     Feb16/07
CALGARY-STRS     137-139      137-139      145-150
CDA CUTOUT AAA       N/A       153.73       176.48
CDA CUTOUT AA/A      N/A       152.60       170.50

US BOXED BEEF CUTOUT - US $/CWT
WEEK END        Feb15/08     Feb08/08     Feb16/07
CHOICE 6-900      148.57       148.57       153.29
SELECT 6-900      143.10       143.10       145.48

HOG SLAUGHTER
WEEK END  Feb09/08(prel)  Feb02/08(prel)  Feb10/07
CANADA     437,230         435,286         423,228
EAST       274,736         277,011         253,780
WEST       162,494         158,275         169,448
ALBERTA     60,404          55,325          59,183
WEEK END  Feb16/08(est)   Feb09/08(est)   Feb17/07
US       2,234,000       2,210,000       2,007,200

HOG CASH PRICES - INDEX 100 - $/KG
WEEK END  Feb14/08        Feb07/08        Feb15/07
ALTA AVG     1.002            .990           1.337
ONT AVG        N/A             N/A           1.401
INTERIOR IOWA MINNESOTA HOG CASH PRICES
WEEK END        Feb15/08     Feb08/08     Feb16/07
US $/CWT             N/A        55.52        65.88
CAN EQVT $/KG        N/A        1.430        1.976
US PORK CARCASS CUTOUT
US $/CWT           63.47        60.82        72.13
HOG FUTURES - US$/CWT       CAN/US$ CLOSE Feb15/2008
MTH   LEAN      CHG            MTH   FUTURES   CHG
APR   64.20   -0.67            MAR   .9904 -0.0083
MAY   73.00   -1.20            JUN   .9883 -0.0083
JUN   78.65   +0.10            SEP   .9864 -0.0083
JUL   79.15   -0.65            DEC   .9844 -0.0084
AUG   78.72   -1.38            MAR   .9824 -0.0085
OCT   72.00   -1.45            JUN   .9804 -0.0086
HOG INDICATORS
WEEK END            Feb09/08   Feb02/08   Feb10/07
  AV DRSD WT US-LBS    205.0      206.0      203.0
FD:HOG RATIO        Feb08/08Feb01/08Feb09/07
  US CORN               11.9       11.3       17.1
                    Feb08/08   Feb01/08   Feb09/07
  ALTA BARLEY            7.7        7.3       13.5

SHEEP AND LAMB PRICES - Most Recent Sale to Feb14/2008
             MARKET LAMBS - FEEDER LAMBS     SHEEP
             (95-115 LBS)   (61-80 LBS)   (ALL WTS.)
ONTARIO      148.23-193.00  151.44-250.00     N/A
TEXAS (US$)        N/A           N/A      36.50$/CWT
CENTRAL ALTA 115.20-125.76
(INNISFAIL)