Weekly Livestock Market Review - March 7, 2008

The next weekly will be published on Friday, March 14, 2008
This information is collected by the Statistics and Data Development Unit

CAN/US $ Mar07 100.86 Feb29 102.06 Mar09/07  85.38
BANK RATE % Mar04  3.75 Feb26  4.25 Mar06/07  4.50

CATTLE SLAUGHTER
WEEK END  Mar01/08(prel)  Feb23/08(prel)  Mar03/07
CANADA      64,296          58,537          65,604
EAST        14,795          14,407          17,609
WEST        49,501          44,130          47,995
ALBERTA     44,788          40,214          43,256
WEEK END  Mar08/08(est)   Mar01/08(est)   Mar10/07
US         640,000         630,000         633,800
CANADIAN CATTLE GRADES
WEEK END  Mar01/08        Feb23/08        Mar03/07
A           45,024          41,220          46,888
B              598             514           1,277
D            6,428           5,196           6,165
E              253             229             662
A GRADE MARBLING (%)
WEEK END  Mar01/08        Feb23/08        Mar03/07
A             1.7%            2.1%            3.9%
AA           35.1%           37.2%           45.6%
AAA          63.2%           60.7%           50.5%
CANADIAN CATTLE CLASSES
WEEK END  Mar01/08(prel)  Feb23/08(prel)  Mar03/07
STEERS      26,270          20,883          24,432
HEIFERS     20,616          21,725          24,398
COWS        17,056          15,583          15,887
BULLS          354             346             887
CALVES       5,081           4,881           5,078

CATTLE FUTURES - US $/CWT - CLOSE Mar07/2008
MTH   LIVE      CHG            MTH   FEEDER    CHG
APR   90.53   -3.80            MAR  100.60   -3.05
JUN   92.00   -3.33            APR  103.97   -2.98
AUG   96.33   -2.25            MAY  107.55   -2.88
OCT  101.65   -1.85            AUG  111.78   -1.22
DEC  103.18   -1.42            SEP  111.88   -1.17
FEB  104.93   -0.03            OCT  112.25   -1.25
WEEK END        Mar07/08     Feb29/08     Mar09/07
US FSP - US$/CWT  101.06       103.42       101.37

CATTLE INDICATORS
BY PROD VAL     Feb29/08     Feb22/08     Mar02/07
  EAST-$/HEAD      78.21        78.00       103.94
  WEST-$/HEAD      98.00        98.00       100.50
  US-US$/CWT       10.90        10.80         9.79
CURRENTNESS     Mar01/08     Feb23/08     Mar03/07
  ALTA-A1%         58.7%        56.0%        61.1%
  CAN-A1%          58.9%        57.6%        61.9%
FD:STR RATIO    Feb29/08     Feb22/08     Mar02/07
  ALTA BARLEY       18.6         18.2         24.6
                Mar01/08     Feb23/08     Mar03/07
  US CORN           17.4         18.0         22.8

AVG CARCASS WT  Mar01/08     Feb23/08     Mar03/07
  ALTA STR-LBS     841.0        850.0        833.0
  CAN STR-LBS      855.0        862.0        841.0
  US CATTLE-LBS    777.0        777.0        769.0

LATEST CATTLE PRICES - $/CWT
WEEK END  Mar07/08        Feb29/08        Mar09/07
            ALBERTA RAILGRADE SALES
STR-LOW     139.00          140.80          153.00
STR-HIGH    141.85          142.85          157.80
HFR-LOW     139.50          142.50          153.00
HFR-HIGH    141.85          142.85          159.00
            ALBERTA DIRECT SALES
STR-RANGE  81.75-84.70    80.45-85.25    90.00-95.00
AVERAGE        N/A           85.27           93.40
VOLUME         N/A          11,250           9,810
HFR-RANGE  82.30-84.20    82.75-84.95    90.00-94.65
AVERAGE        N/A           84.58           93.46
VOLUME         N/A           9,196           8,153

OPEN MARKET - $/CWT
          Mar07/08        Feb29/08        Mar09/07
          STEERS - A1,2 AND CHOICE 2-4
ONTARIO      N/A-N/A      81.20-86.55    99.00-107.05
NEBRASKA*  89.50-89.50    92.00-93.50    95.00-99.00
          HEIFERS - A1,2 AND CHOICE 2-4
ONTARIO      N/A-N/A      80.05-85.85    96.70-104.85
NEBRASKA*    N/A-N/A      91.00-93.50    97.00-99.00
          COWS - D1,2
CLYDE      38.00-49.00    34.00-43.50    33.00-40.00
SIOUX F*     63.00           64.00           53.00

          800-900 LB FEEDER STEERS
CLYDE      80.00-87.50    80.00-88.00    95.00-105.00
PONOKA     83.00-86.00    82.00-86.50    95.00-102.00
STRATHMOR    N/A-N/A      75.00-88.00    85.00-104.00
ONTARIO      N/A-N/A      82.00-93.00   104.00-108.00
          700-800 LB FEEDER STEERS
CLYDE      85.00-94.25    85.00-92.50   100.00-111.25
PONOKA     83.00-92.00    85.00-90.00   100.00-108.00
STRATHMOR    N/A-N/A      82.00-92.00    93.00-110.00
C.NEBRAS*    N/A-N/A      94.50-113.00   97.00-115.75
          600-700 LB FEEDER STEERS
CLYDE      96.00-104.25   96.00-104.00  110.00-120.00
PONOKA     92.00-96.50    90.00-97.00   110.00-118.00
STRATHMOR    N/A-N/A      80.00-105.00  100.00-117.00
          500-600 LB FEEDER STEERS
CLYDE     105.00-113.50  105.00-112.00  115.00-126.50
PONOKA    100.00-107.00   97.00-108.00  118.00-129.00
STRATHMOR    N/A-N/A      95.00-110.00  100.00-128.00
ONTARIO      N/A-N/A      96.00-113.00  110.00-132.00
          700-800 LB FEEDER HEIFERS
CLYDE      75.00-88.50    75.00-85.50    92.00-103.00
PONOKA     78.00-83.75    79.00-83.50    92.00-97.00
STRATHMOR    N/A-N/A      70.00-86.00    85.00-102.00
          500-600 LB FEEDER HEIFERS
CLYDE      85.00-93.00    85.00-99.00   100.00-109.50
PONOKA     85.00-90.50    84.00-89.75   103.00-111.00
STRATHMOR    N/A-N/A      75.00-95.00    90.00-112.00


NOTE: * denotes price in US Dollars

PRELIM LIVE ANIMAL TRADE - WEEK ENDING Feb29/2008
CATTLE       FROM US     TO US     TO US     TO US
                SLTR      SLTR       FDR      HOGS
CANADA             0    22,838    19,807    56,537
EAST               0     5,984        60    19,005
WEST               0    16,854    19,747    37,532

BEEF WHOLESALE PRICES - $/CWT
WEEK ENDING     Mar07/08     Feb29/08     Mar09/07
CALGARY-STRS     142-143      142-143      152-155
CDA CUTOUT AAA       N/A          N/A       176.97
CDA CUTOUT AA/A      N/A          N/A       171.31

US BOXED BEEF CUTOUT - US $/CWT
WEEK END        Mar07/08     Feb29/08     Mar09/07
CHOICE 6-900      150.03       149.41       155.70
SELECT 6-900      147.03       146.67       147.49

HOG SLAUGHTER
WEEK END  Mar01/08(prel)  Feb23/08(prel)  Mar03/07
CANADA     422,139         409,040         418,515
EAST       261,783         264,991         254,558
WEST       160,356         144,049         163,957
ALBERTA     55,988          57,681          59,254
WEEK END  Mar08/08(est)   Mar01/08(est)   Mar10/07
US       2,227,000       2,187,000       2,123,100

HOG CASH PRICES - INDEX 100 - $/KG
WEEK END  Mar06/08        Feb28/08        Mar08/07
ALTA AVG      .952           1.014           1.302
ONT AVG        N/A             N/A           1.371
INTERIOR IOWA MINNESOTA HOG CASH PRICES
WEEK END        Mar07/08     Feb29/08     Mar09/07
US $/CWT             N/A        56.94        59.53
CAN EQVT $/KG        N/A        1.438        1.797
US PORK CARCASS CUTOUT
US $/CWT           59.46        60.45        68.32
HOG FUTURES - US$/CWT       CAN/US$ CLOSE Mar07/2008
MTH   LEAN      CHG            MTH   FUTURES   CHG
APR   57.85   -2.10            MAR  1.0082 -0.0092
MAY   68.63   -2.17            JUN  1.0062 -0.0092
JUN   74.10   -2.25            SEP  1.0048 -0.0085
JUL   78.05   +0.20            DEC  1.0030 -0.0085
AUG   79.58   +0.98            MAR  1.0020 -0.0073
OCT   74.42   +1.38            JUN  1.0010 -0.0061
HOG INDICATORS
WEEK END            Mar01/08   Feb23/08   Mar03/07
  AV DRSD WT US-LBS    203.0      203.0      202.0
FD:HOG RATIO        Feb29/08Feb22/08Mar02/07
  US CORN               10.7       11.8       16.0
                    Feb29/08   Feb22/08   Mar02/07
  ALTA BARLEY            8.1        8.0       12.7

SHEEP AND LAMB PRICES - Most Recent Sale to Mar06/2008
             MARKET LAMBS - FEEDER LAMBS     SHEEP
             (95-115 LBS)   (61-80 LBS)   (ALL WTS.)
ONTARIO      154.96-208.00  171.60-305.00     N/A
TEXAS (US$)        N/A        115.00      36.00$/CWT
CENTRAL ALTA 120.00-123.84
(INNISFAIL)