CAN/US $ Apr04 99.10 Mar28 98.22 Apr06/07 86.89 BANK RATE % Apr01 3.75 Mar25 3.75 Apr03/07 4.50 CATTLE SLAUGHTER WEEK END Mar29/08(prel) Mar22/08(prel) Mar31/07 CANADA 57,004 50,518 62,933 EAST 14,043 13,418 18,191 WEST 42,961 37,100 44,742 ALBERTA 38,300 33,524 39,953 WEEK END Apr05/08(est) Mar29/08(est) Apr07/07 US 624,000 616,000 601,100 CANADIAN CATTLE GRADES WEEK END Mar29/08 Mar22/08 Mar31/07 A 41,863 36,777 45,821 B 556 451 912 D 5,094 4,132 5,654 E 375 314 653 A GRADE MARBLING (%) WEEK END Mar29/08 Mar22/08 Mar31/07 A 1.9% 1.8% 3.3% AA 38.9% 38.5% 42.2% AAA 59.3% 59.7% 54.5% CANADIAN CATTLE CLASSES WEEK END Mar29/08(prel) Mar22/08(prel) Mar31/07 STEERS 21,380 19,331 23,291 HEIFERS 21,857 18,498 24,233 COWS 13,313 12,246 14,416 BULLS 454 443 993 CALVES 4,681 4,592 5,029 CATTLE FUTURES - US $/CWT - CLOSE Apr04/2008 MTH LIVE CHG MTH FEEDER CHG APR 87.90 +0.25 APR 98.60 -1.83 JUN 89.20 +1.33 MAY 101.10 -1.18 AUG 94.78 +2.10 AUG 105.58 -1.10 OCT 100.25 +1.72 SEP 106.75 -0.60 DEC 102.00 +0.80 OCT 107.18 -0.13 FEB 103.97 +1.22 NOV 106.30 -0.10 WEEK END Apr04/08 Mar28/08 Apr06/07 US FSP - US$/CWT 98.72 99.68 108.02 CATTLE INDICATORS BY PROD VAL Mar28/08 Mar21/08 Mar30/07 EAST-$/HEAD 76.44 76.56 103.94 WEST-$/HEAD 101.50 100.50 100.50 US-US$/CWT 10.64 10.75 10.03 CURRENTNESS Mar29/08 Mar22/08 Mar31/07 ALTA-A1% 59.7% 56.9% 57.0% CAN-A1% 60.8% 58.3% 60.0% FD:STR RATIO Mar28/08 Mar21/08 Mar30/07 ALTA BARLEY 18.2 18.0 24.4 Mar29/08 Mar22/08 Mar31/07 US CORN 17.3 18.2 26.0 AVG CARCASS WT Mar29/08 Mar22/08 Mar31/07 ALTA STR-LBS 838.0 844.0 827.0 CAN STR-LBS 856.0 856.0 837.0 US CATTLE-LBS 776.0 776.0 764.0 LATEST CATTLE PRICES - $/CWT WEEK END Apr04/08 Mar28/08 Apr06/07 ALBERTA RAILGRADE SALES STR-LOW 139.00 142.50 164.50 STR-HIGH 141.70 145.85 168.80 HFR-LOW 139.50 142.50 165.00 HFR-HIGH 139.85 142.85 168.35 ALBERTA DIRECT SALES STR-RANGE 81.80-83.85 84.50-87.50 98.75-102.00 AVERAGE N/A 87.28 101.20 VOLUME N/A 10,372 5,524 HFR-RANGE 82.30-84.35 85.00-87.30 99.25-102.30 AVERAGE N/A 86.38 99.95 VOLUME N/A 4,355 7,377 OPEN MARKET - $/CWT Apr04/08 Mar28/08 Apr06/07 STEERS - A1,2 AND CHOICE 2-4 ONTARIO N/A-N/A 80.35-87.70 100.95-107.75 NEBRASKA* 86.75-86.75 87.00-88.00 99.00-101.00 HEIFERS - A1,2 AND CHOICE 2-4 ONTARIO N/A-N/A 79.35-86.45 98.35-105.60 NEBRASKA* 86.00-86.75 87.50-88.00 99.50-100.00 COWS - D1,2 CLYDE 35.00-44.00 35.00-48.00 33.00-40.00 SIOUX F* 58.00 59.00 58.00 800-900 LB FEEDER STEERS CLYDE 82.00-88.00 80.00-86.75 98.00-105.75 PONOKA 77.00-87.50 82.00-88.00 102.00-107.50 STRATHMOR 75.00-87.00 75.00-88.00 100.00-107.00 ONTARIO N/A-N/A 81.00-88.00 99.00-112.00 700-800 LB FEEDER STEERS CLYDE 85.00-96.00 85.00-96.50 100.00-111.50 PONOKA 85.00-98.00 90.00-98.00 103.00-111.50 STRATHMOR 82.00-96.00 82.00-96.00 100.00-108.00 C.NEBRAS* N/A-N/A 94.50-110.00 101.00-121.50 600-700 LB FEEDER STEERS CLYDE 96.00-104.25 96.00-102.50 113.00-127.75 PONOKA 90.00-105.00 95.00-106.00 115.00-121.00 STRATHMOR 90.00-106.00 80.00-106.00 105.00-119.00 500-600 LB FEEDER STEERS CLYDE 100.00-110.75 100.00-106.00 120.00-129.00 PONOKA 92.00-110.00 100.00-110.00 123.00-130.50 STRATHMOR 95.00-108.00 95.00-108.00 101.00-125.00 ONTARIO N/A-N/A 91.00-110.00 109.00-132.00 700-800 LB FEEDER HEIFERS CLYDE 78.00-87.00 75.00-83.75 92.00-104.00 PONOKA 81.00-88.00 80.00-86.00 96.00-101.00 STRATHMOR 70.00-87.00 70.00-87.00 85.00-99.00 500-600 LB FEEDER HEIFERS CLYDE 85.00-95.00 85.00-94.50 105.00-118.75 PONOKA 86.00-92.00 82.00-92.00 107.00-112.00 STRATHMOR 75.00-99.00 75.00-99.00 97.00-110.00 NOTE: * denotes price in US Dollars PRELIM LIVE ANIMAL TRADE - WEEK ENDING Mar28/2008 CATTLE FROM US TO US TO US TO US SLTR SLTR FDR HOGS CANADA 0 20,428 15,060 57,684 EAST 0 3,949 120 21,024 WEST 0 16,479 14,940 36,660 BEEF WHOLESALE PRICES - $/CWT WEEK ENDING Apr04/08 Mar28/08 Apr06/07 CALGARY-STRS 143-145 141-142 164-165 CDA CUTOUT AAA N/A N/A 181.42 CDA CUTOUT AA/A N/A N/A 177.81 US BOXED BEEF CUTOUT - US $/CWT WEEK END Apr04/08 Mar28/08 Apr06/07 CHOICE 6-900 138.07 139.99 156.20 SELECT 6-900 136.94 139.11 147.46 HOG SLAUGHTER WEEK END Mar29/08(prel) Mar22/08(prel) Mar31/07 CANADA 408,211 375,549 424,929 EAST 243,201 244,227 255,972 WEST 165,010 131,322 168,957 ALBERTA 60,429 48,186 60,820 WEEK END Apr05/08(est) Mar29/08(est) Apr07/07 US 2,286,000 2,258,000 2,051,700 HOG CASH PRICES - INDEX 100 - $/KG WEEK END Apr03/08 Mar27/08 Apr05/07 ALTA AVG .971 .950 1.223 ONT AVG N/A N/A 1.282 INTERIOR IOWA MINNESOTA HOG CASH PRICES WEEK END Apr04/08 Mar28/08 Apr06/07 US $/CWT N/A 54.54 60.94 CAN EQVT $/KG N/A 1.431 1.808 US PORK CARCASS CUTOUT US $/CWT 59.19 56.50 65.15 HOG FUTURES - US$/CWT CAN/US$ CLOSE Apr04/2008 MTH LEAN CHG MTH FUTURES CHG APR 58.52 +0.42 JUN .9903 +0.0103 MAY 71.00 +2.42 SEP .9885 +0.0101 JUN 72.22 +1.85 DEC .9866 +0.0099 JUL 74.13 +1.33 MAR .9846 +0.0096 AUG 75.30 +1.85 JUN .9825 +0.0095 OCT 72.53 +3.80 SEP .9804 +0.0094 HOG INDICATORS WEEK END Mar29/08 Mar22/08 Mar31/07 AV DRSD WT US-LBS 203.0 203.0 202.0 FD:HOG RATIO Mar28/08Mar21/08Mar30/07 US CORN 10.1 10.3 15.9 Mar28/08 Mar21/08 Mar30/07 ALTA BARLEY 7.2 6.9 10.8 SHEEP AND LAMB PRICES - Most Recent Sale to Apr03/2008 MARKET LAMBS - FEEDER LAMBS SHEEP (95-115 LBS) (61-80 LBS) (ALL WTS.) ONTARIO 148.14-190.00 190.75-305.56 N/A TEXAS (US$) N/A N/A 39.00$/CWT CENTRAL ALTA 112.32-126.72 (INNISFAIL)