Weekly Livestock Market Review - February 29, 2008

The next weekly will be published on Friday, March 7, 2008
This information is collected by the Statistics and Data Development Unit

CAN/US $ Feb29 102.06 Feb22  98.46 Mar02/07  85.08
BANK RATE % Feb26  4.25 Feb19  4.25 Feb27/07  4.50

CATTLE SLAUGHTER
WEEK END  Feb23/08(prel)  Feb16/08(prel)  Feb24/07
CANADA      58,537          59,201          62,825
EAST        14,407          14,785          18,464
WEST        44,130          44,416          44,361
ALBERTA     40,214          39,635          40,484
WEEK END  Mar01/08(est)   Feb23/08(est)   Mar03/07
US         630,000         620,000         623,400
CANADIAN CATTLE GRADES
WEEK END  Feb23/08        Feb16/08        Feb24/07
A           41,220          40,994          46,019
B              514             550           1,120
D            5,196           6,225           5,481
E              229             274             450
A GRADE MARBLING (%)
WEEK END  Feb23/08        Feb16/08        Feb24/07
A             2.1%            1.7%            3.2%
AA           37.2%           38.2%           44.1%
AAA          60.7%           60.1%           52.7%
CANADIAN CATTLE CLASSES
WEEK END  Feb23/08(prel)  Feb16/08(prel)  Feb24/07
STEERS      20,883          22,933          24,065
HEIFERS     21,725          19,764          23,696
COWS        15,583          16,127          14,378
BULLS          346             377             686
CALVES       4,881           4,938           4,867

CATTLE FUTURES - US $/CWT - CLOSE Feb29/2008
MTH   LIVE      CHG            MTH   FEEDER    CHG
FEB   92.97   +0.97            MAR  103.65   -0.27
APR   94.33   +0.35            APR  106.95   -0.35
JUN   95.33   +0.92            MAY  110.43   -0.23
AUG   98.58   +1.67            AUG  113.00   +1.00
OCT  103.50   +1.47            SEP  113.05   +0.92
DEC  104.60   +1.60            OCT  113.50   +1.25
WEEK END        Feb29/08     Feb22/08     Mar02/07
US FSP - US$/CWT  103.42       103.74        99.29

CATTLE INDICATORS
BY PROD VAL     Feb22/08     Feb15/08     Feb23/07
  EAST-$/HEAD      78.00        78.00       104.44
  WEST-$/HEAD      98.00        98.00       100.50
  US-US$/CWT       10.80        10.57         9.72
CURRENTNESS     Feb23/08     Feb16/08     Feb24/07
  ALTA-A1%         56.0%        56.0%        57.4%
  CAN-A1%          57.6%        56.9%        58.7%
FD:STR RATIO    Feb22/08     Feb15/08     Feb23/07
  ALTA BARLEY       18.2         17.9         24.6
                Feb23/08     Feb16/08     Feb24/07
  US CORN           18.0         18.9         21.9

AVG CARCASS WT  Feb23/08     Feb16/08     Feb24/07
  ALTA STR-LBS     850.0        843.0        839.0
  CAN STR-LBS      862.0        859.0        852.0
  US CATTLE-LBS    777.0        776.0        771.0

LATEST CATTLE PRICES - $/CWT
WEEK END  Feb29/08        Feb22/08        Mar02/07
            ALBERTA RAILGRADE SALES
STR-LOW     140.80          138.25          150.00
STR-HIGH    142.85          142.85          154.60
HFR-LOW     142.50          137.00          150.00
HFR-HIGH    142.85          142.80          153.30
            ALBERTA DIRECT SALES
STR-RANGE  80.45-85.25    80.25-85.00    90.15-93.50
AVERAGE        N/A           84.99           92.23
VOLUME         N/A          11,918          11,447
HFR-RANGE  82.75-84.95    82.00-84.70    90.75-92.20
AVERAGE        N/A           83.49           91.21
VOLUME         N/A           5,855           7,204

OPEN MARKET - $/CWT
          Feb29/08        Feb22/08        Mar02/07
          STEERS - A1,2 AND CHOICE 2-4
ONTARIO      N/A-N/A      81.09-85.85    94.30-102.50
NEBRASKA*    N/A-N/A      89.00-91.50    90.00-93.00
          HEIFERS - A1,2 AND CHOICE 2-4
ONTARIO      N/A-N/A      79.75-86.05    94.25-100.20
NEBRASKA*    N/A-N/A      90.00-91.50    89.50-94.00
          COWS - D1,2
CLYDE      34.00-43.50    34.00-43.50    33.00-40.00
SIOUX F*     64.00           63.50           55.00

          800-900 LB FEEDER STEERS
CLYDE      80.00-88.00    80.00-89.75    95.00-101.00
PONOKA     82.00-86.50    81.00-89.00    96.00-101.00
STRATHMOR  75.00-88.00    75.00-88.00    85.00-102.00
ONTARIO      N/A-N/A      87.00-95.00    99.00-108.00
          700-800 LB FEEDER STEERS
CLYDE      85.00-92.50    85.00-94.50   100.00-107.25
PONOKA     85.00-90.00    86.00-96.00    98.00-106.00
STRATHMOR  82.00-92.00    85.00-97.00    93.00-110.00
C.NEBRAS*    N/A-N/A      96.75-113.75   96.75-109.75
          600-700 LB FEEDER STEERS
CLYDE      96.00-104.00   96.00-108.00  110.00-116.50
PONOKA     90.00-97.00    90.00-105.00  110.00-115.00
STRATHMOR  80.00-105.00   80.00-105.00  100.00-116.00
          500-600 LB FEEDER STEERS
CLYDE     105.00-112.00  105.00-114.00  115.00-123.75
PONOKA     97.00-108.00   95.00-113.00  115.00-124.00
STRATHMOR  95.00-110.00   95.00-116.00  100.00-130.00
ONTARIO      N/A-N/A      88.00-112.00  108.00-131.00
          700-800 LB FEEDER HEIFERS
CLYDE      75.00-85.50    75.00-87.50    92.00-104.00
PONOKA     79.00-83.50    82.00-90.00    91.00-95.50
STRATHMOR  70.00-86.00    70.00-86.00    85.00-98.00
          500-600 LB FEEDER HEIFERS
CLYDE      85.00-99.00    85.00-100.00  100.00-113.50
PONOKA     84.00-89.75    85.00-94.00   100.00-108.00
STRATHMOR  75.00-95.00    75.00-95.00    90.00-116.00


NOTE: * denotes price in US Dollars

PRELIM LIVE ANIMAL TRADE - WEEK ENDING Feb22/2008
CATTLE       FROM US     TO US     TO US     TO US
                SLTR      SLTR       FDR      HOGS
CANADA             0    22,868    17,401    65,912
EAST               0     6,430         0    25,140
WEST               0    16,438    17,401    40,772

BEEF WHOLESALE PRICES - $/CWT
WEEK ENDING     Feb29/08     Feb22/08     Mar02/07
CALGARY-STRS     142-143      139-140      150-152
CDA CUTOUT AAA       N/A          N/A       174.46
CDA CUTOUT AA/A      N/A          N/A       169.66

US BOXED BEEF CUTOUT - US $/CWT
WEEK END        Feb29/08     Feb22/08     Mar02/07
CHOICE 6-900      149.41       149.39       149.29
SELECT 6-900      146.67       147.11       142.45

HOG SLAUGHTER
WEEK END  Feb23/08(prel)  Feb16/08(prel)  Feb24/07
CANADA     409,040         424,503         422,110
EAST       264,991         265,436         259,436
WEST       144,049         159,067         162,674
ALBERTA     57,681          55,064          54,018
WEEK END  Mar01/08(est)   Feb23/08(est)   Mar03/07
US       2,187,000       2,228,000       1,889,700

HOG CASH PRICES - INDEX 100 - $/KG
WEEK END  Feb28/08        Feb21/08        Mar01/07
ALTA AVG     1.016           1.038           1.309
ONT AVG        N/A             N/A           1.382
INTERIOR IOWA MINNESOTA HOG CASH PRICES
WEEK END        Feb29/08     Feb22/08     Mar02/07
US $/CWT             N/A        58.58        63.16
CAN EQVT $/KG        N/A        1.534        1.914
US PORK CARCASS CUTOUT
US $/CWT           60.05        61.49        68.51
HOG FUTURES - US$/CWT       CAN/US$ CLOSE Feb29/2008
MTH   LEAN      CHG            MTH   FUTURES   CHG
APR   59.95   -3.55            MAR  1.0174 +0.0330
MAY   70.80   -2.15            JUN  1.0154 +0.0328
JUN   76.35   -1.50            SEP  1.0133 +0.0325
JUL   77.85   -0.70            DEC  1.0115 +0.0326
AUG   78.60   -0.05            MAR  1.0093 +0.0323
OCT   73.05   +0.55            JUN  1.0071 +0.0320
HOG INDICATORS
WEEK END            Feb23/08   Feb16/08   Feb24/07
  AV DRSD WT US-LBS    203.0      204.0      203.0
FD:HOG RATIO        Feb22/08Feb15/08Feb23/07
  US CORN               11.8       12.1       15.3
                    Feb22/08   Feb15/08   Feb23/07
  ALTA BARLEY            8.0        7.9       13.3

SHEEP AND LAMB PRICES - Most Recent Sale to Feb28/2008
             MARKET LAMBS - FEEDER LAMBS     SHEEP
             (95-115 LBS)   (61-80 LBS)   (ALL WTS.)
ONTARIO      147.12-182.00  170.05-300.00     N/A
TEXAS (US$)        N/A           N/A      36.00$/CWT
CENTRAL ALTA  82.56-123.36
(INNISFAIL)