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)