Weekly Livestock Market Review - February 22, 2008

The next weekly will be published on Friday, February 29, 2008
This information is collected by the Statistics and Data Development Unit

CAN/US $ Feb22  98.46 Feb15  99.84 Feb23/07  86.32
BANK RATE % Feb19  4.25 Feb12  4.25 Feb20/07  4.50

CATTLE SLAUGHTER
WEEK END  Feb16/08(prel)  Feb09/08(prel)  Feb17/07
CANADA      59,201          64,612          68,746
EAST        14,785          14,839          17,787
WEST        44,416          49,773          50,959
ALBERTA     39,635          45,227          46,119
WEEK END  Feb23/08(est)   Feb16/08(est)   Feb24/07
US         620,000         624,000         636,100
CANADIAN CATTLE GRADES
WEEK END  Feb16/08        Feb09/08        Feb17/07
A           40,994          45,260          50,896
B              550             612           1,164
D            6,225           6,913           6,856
E              274             169             488
A GRADE MARBLING (%)
WEEK END  Feb16/08        Feb09/08        Feb17/07
A             1.7%            1.9%            3.2%
AA           38.2%           39.2%           43.3%
AAA          60.1%           59.0%           53.5%
CANADIAN CATTLE CLASSES
WEEK END  Feb16/08(prel)  Feb09/08(prel)  Feb17/07
STEERS      22,933          25,513          28,977
HEIFERS     19,764          21,261          23,800
COWS        16,127          17,587          15,322
BULLS          377             251             647
CALVES       4,938           5,139           5,169

CATTLE FUTURES - US $/CWT - CLOSE Feb22/2008
MTH   LIVE      CHG            MTH   FEEDER    CHG
FEB   92.00   +0.60            MAR  103.93   -0.70
APR   93.97   +0.00            APR  107.30   -0.75
JUN   94.40   +0.58            MAY  110.65   -0.15
AUG   96.90   +0.28            AUG  112.00   -0.20
OCT  102.03   +0.83            SEP  112.13   -0.47
DEC  103.00   +0.58            OCT  112.25   -0.15
WEEK END        Feb22/08     Feb15/08     Feb23/07
US FSP - US$/CWT  103.74       103.71        98.17

CATTLE INDICATORS
BY PROD VAL     Feb15/08     Feb08/08     Feb16/07
  EAST-$/HEAD      78.00        78.00       104.44
  WEST-$/HEAD      98.00        98.00       100.50
  US-US$/CWT       10.57        10.44         9.67
CURRENTNESS     Feb16/08     Feb09/08     Feb17/07
  ALTA-A1%         56.0%        56.5%        59.6%
  CAN-A1%          56.9%        58.2%        59.2%
FD:STR RATIO    Feb15/08     Feb08/08     Feb16/07
  ALTA BARLEY       17.9         17.4         25.1
                Feb16/08     Feb09/08     Feb17/07
  US CORN           18.9         18.6         24.9

AVG CARCASS WT  Feb16/08     Feb09/08     Feb17/07
  ALTA STR-LBS     843.0        845.0        841.0
  CAN STR-LBS      859.0        854.0        854.0
  US CATTLE-LBS    776.0        774.0        775.0

LATEST CATTLE PRICES - $/CWT
WEEK END  Feb22/08        Feb15/08        Feb23/07
            ALBERTA RAILGRADE SALES
STR-LOW     138.25          136.00          148.00
STR-HIGH    142.85          138.70          151.00
HFR-LOW     137.00          137.50          147.50
HFR-HIGH    142.80          137.85          150.30
            ALBERTA DIRECT SALES
STR-RANGE  80.25-85.00    79.75-81.90    88.00-91.00
AVERAGE        N/A           81.91           89.90
VOLUME         N/A           9,035          11,180
HFR-RANGE  82.00-84.70    79.50-82.55    88.00-91.00
AVERAGE        N/A           81.66           88.07
VOLUME         N/A           7,229           7,834

OPEN MARKET - $/CWT
          Feb22/08        Feb15/08        Feb23/07
          STEERS - A1,2 AND CHOICE 2-4
ONTARIO      N/A-N/A      79.40-86.15    94.00-101.85
NEBRASKA*    N/A-N/A      90.00-90.50    89.00-90.50
          HEIFERS - A1,2 AND CHOICE 2-4
ONTARIO      N/A-N/A      81.05-86.45    87.05-99.45
NEBRASKA*    N/A-N/A      89.50-90.50    89.00-90.00
          COWS - D1,2
CLYDE      34.00-43.50    32.00-41.50    33.00-40.00
SIOUX F*     63.50           63.00           53.50

          800-900 LB FEEDER STEERS
CLYDE      80.00-89.75    80.00-88.00    95.00-101.00
PONOKA     81.00-89.00    83.00-88.75    97.00-104.00
STRATHMOR  75.00-88.00      N/A-N/A      85.00-103.00
ONTARIO      N/A-N/A      79.00-90.00   101.00-111.00
          700-800 LB FEEDER STEERS
CLYDE      85.00-94.50    85.00-90.50   100.00-108.00
PONOKA     86.00-96.00    86.00-94.00   102.00-109.00
STRATHMOR  85.00-97.00      N/A-N/A      93.00-108.00
C.NEBRAS*    N/A-N/A     100.00-113.50   91.00-107.35
          600-700 LB FEEDER STEERS
CLYDE      96.00-108.00   93.00-104.50  110.00-117.75
PONOKA     90.00-105.00   88.00-102.00  108.00-117.00
STRATHMOR  80.00-105.00     N/A-N/A     100.00-114.00
          500-600 LB FEEDER STEERS
CLYDE     105.00-114.00   96.00-112.50  115.00-128.00
PONOKA     95.00-113.00   90.00-108.00  115.00-130.00
STRATHMOR  95.00-116.00     N/A-N/A     105.00-131.00
ONTARIO      N/A-N/A      97.00-117.00  118.00-131.00
          700-800 LB FEEDER HEIFERS
CLYDE      75.00-87.50    75.00-82.75    92.00-99.00
PONOKA     82.00-90.00    76.00-82.00    95.00-101.00
STRATHMOR  70.00-86.00      N/A-N/A      85.00-99.00
          500-600 LB FEEDER HEIFERS
CLYDE      85.00-100.00   85.00-91.75   100.00-119.00
PONOKA     85.00-94.00    80.00-91.00   105.00-115.00
STRATHMOR  75.00-95.00      N/A-N/A      90.00-112.00


NOTE: * denotes price in US Dollars

PRELIM LIVE ANIMAL TRADE - WEEK ENDING Feb15/2008
CATTLE       FROM US     TO US     TO US     TO US
                SLTR      SLTR       FDR      HOGS
CANADA             0    24,280    15,915    54,924
EAST               0     6,402         0    22,285
WEST               0    17,878    15,915    32,639

BEEF WHOLESALE PRICES - $/CWT
WEEK ENDING     Feb22/08     Feb15/08     Feb23/07
CALGARY-STRS     139-140      137-139      148-152
CDA CUTOUT AAA       N/A          N/A       173.30
CDA CUTOUT AA/A      N/A          N/A       168.47

US BOXED BEEF CUTOUT - US $/CWT
WEEK END        Feb22/08     Feb15/08     Feb23/07
CHOICE 6-900      149.39       148.57       152.24
SELECT 6-900      147.11       143.10       145.30

HOG SLAUGHTER
WEEK END  Feb16/08(prel)  Feb09/08(prel)  Feb17/07
CANADA     424,503         437,230         417,426
EAST       265,436         274,736         243,238
WEST       159,067         162,494         174,188
ALBERTA     55,064          60,404          57,607
WEEK END  Feb23/08(est)   Feb16/08(est)   Feb24/07
US       2,228,000       2,229,000       2,005,300

HOG CASH PRICES - INDEX 100 - $/KG
WEEK END  Feb21/08        Feb14/08        Feb22/07
ALTA AVG     1.035            .996           1.343
ONT AVG        N/A             N/A           1.421
INTERIOR IOWA MINNESOTA HOG CASH PRICES
WEEK END        Feb22/08     Feb15/08     Feb23/07
US $/CWT             N/A        58.66        63.83
CAN EQVT $/KG        N/A        1.515        1.906
US PORK CARCASS CUTOUT
US $/CWT           60.68        62.92        70.46
HOG FUTURES - US$/CWT       CAN/US$ CLOSE Feb22/2008
MTH   LEAN      CHG            MTH   FUTURES   CHG
APR   63.50   -0.70            MAR   .9844 -0.0060
MAY   72.95   -0.05            JUN   .9826 -0.0057
JUN   77.85   -0.80            SEP   .9808 -0.0056
JUL   78.55   -0.60            DEC   .9789 -0.0055
AUG   78.65   -0.07            MAR   .9770 -0.0054
OCT   72.50   +0.50            JUN   .9751 -0.0053
HOG INDICATORS
WEEK END            Feb16/08   Feb09/08   Feb17/07
  AV DRSD WT US-LBS    204.0      205.0      203.0
FD:HOG RATIO        Feb15/08Feb08/08Feb16/07
  US CORN               12.1       11.9       18.1
                    Feb15/08   Feb08/08   Feb16/07
  ALTA BARLEY            7.9        7.7       13.5

SHEEP AND LAMB PRICES - Most Recent Sale to Feb21/2008
             MARKET LAMBS - FEEDER LAMBS     SHEEP
             (95-115 LBS)   (61-80 LBS)   (ALL WTS.)
ONTARIO         N/A-    N/A    N/A-    N/A    N/A
TEXAS (US$)        N/A           N/A      40.00$/CWT
CENTRAL ALTA 100.32-120.48
(INNISFAIL)