Weekly Livestock Market Review - March 21, 2008

The next weekly will be published on Friday, March 28, 2008
This information is collected by the Statistics and Data Development Unit

CAN/US $ Mar21  97.38 Mar14 101.32 Mar23/07  86.21
BANK RATE % Mar18  3.75 Mar11  3.75 Mar20/07  4.50

CATTLE SLAUGHTER
WEEK END  Mar15/08(prel)  Mar08/08(prel)  Mar17/07
CANADA      65,593          64,644          57,824
EAST        14,886          14,818          17,719
WEST        50,707          49,826          40,105
ALBERTA     46,013          45,157          35,587
WEEK END  Mar22/08(est)   Mar15/08(est)   Mar24/07
US         503,000         641,000         636,300
CANADIAN CATTLE GRADES
WEEK END  Mar15/08        Mar08/08        Mar17/07
A           48,130          46,341          42,424
B              689             594           1,157
D            5,689           5,342           4,878
E              333             359             606
A GRADE MARBLING (%)
WEEK END  Mar15/08        Mar08/08        Mar17/07
A             1.6%            2.1%            3.5%
AA           36.3%           37.4%           43.6%
AAA          62.1%           60.5%           53.0%
CANADIAN CATTLE CLASSES
WEEK END  Mar15/08(prel)  Mar08/08(prel)  Mar17/07
STEERS      24,929          25,850          21,370
HEIFERS     25,025          20,983          22,810
COWS        15,214          17,326          12,686
BULLS          425             485             958
CALVES       4,961           4,756           5,044

CATTLE FUTURES - US $/CWT - CLOSE Mar21/2008
MTH   LIVE      CHG            MTH   FEEDER    CHG
APR   90.67   +0.17            MAR   99.13   -0.17
JUN   90.97   +0.02            APR  104.03   +1.53
AUG   94.40   -0.82            MAY  107.35   +2.22
OCT   98.97   -2.15            AUG  110.80   +1.65
DEC  101.25   -2.17            SEP  111.40   +1.10
FEB  103.05   -2.60            OCT  111.00   +0.80
WEEK END        Mar21/08     Mar14/08     Mar23/07
US FSP - US$/CWT   99.28       100.24       104.60

CATTLE INDICATORS
BY PROD VAL     Mar14/08     Mar07/08     Mar16/07
  EAST-$/HEAD      76.56        76.56       103.94
  WEST-$/HEAD     100.50       100.50       101.00
  US-US$/CWT       10.79        10.89         9.81
CURRENTNESS     Mar15/08     Mar08/08     Mar17/07
  ALTA-A1%         59.0%        60.1%        58.9%
  CAN-A1%          59.4%        60.1%        61.1%
FD:STR RATIO    Mar14/08     Mar07/08     Mar16/07
  ALTA BARLEY       17.6         17.7         25.7
                Mar15/08     Mar08/08     Mar17/07
  US CORN           16.8         17.4         26.7

AVG CARCASS WT  Mar15/08     Mar08/08     Mar17/07
  ALTA STR-LBS     829.0        828.0        830.0
  CAN STR-LBS      849.0        850.0        840.0
  US CATTLE-LBS    776.0        776.0        766.0

LATEST CATTLE PRICES - $/CWT
WEEK END  Mar21/08        Mar14/08        Mar23/07
            ALBERTA RAILGRADE SALES
STR-LOW     142.50          137.00          162.50
STR-HIGH    142.85          140.85          167.00
HFR-LOW     142.50          139.50          164.85
HFR-HIGH    142.85          139.85          167.00
            ALBERTA DIRECT SALES
STR-RANGE  82.50-85.70    79.30-84.15    96.50-102.00
AVERAGE        N/A           84.13           99.01
VOLUME         N/A          15,510          12,989
HFR-RANGE  83.15-85.70    81.60-84.15    96.40-100.50
AVERAGE        N/A           82.74           98.01
VOLUME         N/A           4,100           8,614

OPEN MARKET - $/CWT
          Mar21/08        Mar14/08        Mar23/07
          STEERS - A1,2 AND CHOICE 2-4
ONTARIO      N/A-N/A      79.25-84.25    99.75-107.75
NEBRASKA*    N/A-N/A      89.00-90.00    94.00-99.00
          HEIFERS - A1,2 AND CHOICE 2-4
ONTARIO      N/A-N/A      79.50-84.45    95.00-105.80
NEBRASKA*    N/A-N/A      89.00-90.00    97.00-98.50
          COWS - D1,2
CLYDE      35.00-45.00    35.00-45.00    33.00-42.00
SIOUX F*     58.00           62.75           53.25

          800-900 LB FEEDER STEERS
CLYDE      80.00-86.25    80.00-86.25    95.00-105.00
PONOKA     78.00-85.75    81.75-85.50    96.00-104.50
STRATHMOR    N/A-N/A      75.00-88.00    90.00-100.25
ONTARIO      N/A-N/A      83.00-90.00    99.00-113.00
          700-800 LB FEEDER STEERS
CLYDE      85.00-93.75    85.00-90.50   100.00-115.00
PONOKA     85.00-93.00    84.50-93.00   106.00-115.00
STRATHMOR    N/A-N/A      82.00-92.00      N/A-113.25
C.NEBRAS*    N/A-N/A      97.50-114.25   97.00-116.50
          600-700 LB FEEDER STEERS
CLYDE      96.00-102.50   96.00-103.50  113.00-124.50
PONOKA     95.00-104.00   90.00-100.50  114.00-125.00
STRATHMOR    N/A-N/A      80.00-104.00     N/A-124.50
          500-600 LB FEEDER STEERS
CLYDE     100.00-107.25  105.00-111.25  115.00-127.50
PONOKA    100.00-108.50  104.00-110.00  120.00-132.00
STRATHMOR    N/A-N/A      95.00-108.00     N/A-133.50
ONTARIO      N/A-N/A     102.00-117.00  112.00-132.00
          700-800 LB FEEDER HEIFERS
CLYDE      75.00-83.75    75.00-83.75    92.00-103.25
PONOKA     74.00-83.50    78.00-83.00    95.00-102.00
STRATHMOR    N/A-N/A      70.00-86.00    69.00-99.75
          500-600 LB FEEDER HEIFERS
CLYDE      85.00-91.50    85.00-93.00   100.00-114.00
PONOKA     80.00-88.50    82.00-91.00   100.00-112.00
STRATHMOR    N/A-N/A      75.00-95.00      N/A-113.00


NOTE: * denotes price in US Dollars

PRELIM LIVE ANIMAL TRADE - WEEK ENDING Mar14/2008
CATTLE       FROM US     TO US     TO US     TO US
                SLTR      SLTR       FDR      HOGS
CANADA           N/A       N/A       N/A       N/A
EAST             N/A       N/A       N/A       N/A
WEST             N/A       N/A       N/A       N/A

BEEF WHOLESALE PRICES - $/CWT
WEEK ENDING     Mar21/08     Mar14/08     Mar23/07
CALGARY-STRS     141-142      142-143      165-173
CDA CUTOUT AAA       N/A          N/A       190.12
CDA CUTOUT AA/A      N/A          N/A       181.16

US BOXED BEEF CUTOUT - US $/CWT
WEEK END        Mar21/08     Mar14/08     Mar23/07
CHOICE 6-900         N/A       145.69       161.66
SELECT 6-900         N/A       143.86       151.58

HOG SLAUGHTER
WEEK END  Mar15/08(prel)  Mar08/08(prel)  Mar17/07
CANADA         N/A         416,988         430,481
EAST           N/A         256,550         256,089
WEST           N/A         160,438         174,392
ALBERTA        N/A          55,967          60,631
WEEK END  Mar22/08(est)   Mar15/08(est)   Mar24/07
US       1,724,000       2,269,000       2,100,600

HOG CASH PRICES - INDEX 100 - $/KG
WEEK END  Mar20/08        Mar13/08        Mar22/07
ALTA AVG       N/A            .940           1.229
ONT AVG        N/A             N/A           1.313
INTERIOR IOWA MINNESOTA HOG CASH PRICES
WEEK END        Mar21/08     Mar14/08     Mar23/07
US $/CWT             N/A        50.40        57.13
CAN EQVT $/KG        N/A        1.282        1.708
US PORK CARCASS CUTOUT
US $/CWT           56.25        57.73        65.11
HOG FUTURES - US$/CWT       CAN/US$ CLOSE Mar21/2008
MTH   LEAN      CHG            MTH   FUTURES   CHG
APR   56.33   +1.30            JUN   .9702 -0.0419
MAY   67.97   +2.32            SEP   .9687 -0.0421
JUN   72.08   +1.95            DEC   .9671 -0.0420
JUL   74.92   +0.42            MAR   .9653 -0.0424
AUG   74.90   -0.50            JUN   .9633 -0.0430
OCT   70.00   -1.35            SEP   .9613     N/A
HOG INDICATORS
WEEK END            Mar15/08   Mar08/08   Mar17/07
  AV DRSD WT US-LBS    203.0      203.0      202.0
FD:HOG RATIO        Mar14/08Mar07/08Mar16/07
  US CORN                9.5        9.9       15.8
                    Mar14/08   Mar07/08   Mar16/07
  ALTA BARLEY            7.1        7.2       11.9

SHEEP AND LAMB PRICES - Most Recent Sale to Mar20/2008
             MARKET LAMBS - FEEDER LAMBS     SHEEP
             (95-115 LBS)   (61-80 LBS)   (ALL WTS.)
ONTARIO      128.26-167.00  151.21-290.00     N/A
TEXAS (US$)        N/A           N/A      39.75$/CWT
CENTRAL ALTA 107.04-126.24
(INNISFAIL)