Weekly Livestock Market Review - May 2, 2008

The next weekly will be published on Friday, May 9, 2008
This information is collected by the Statistics and Data Development Unit

CAN/US $ May02  98.20 Apr25  98.39 May04/07  90.34
BANK RATE % Apr29  3.25 Apr22  3.25 May01/07  4.50

CATTLE SLAUGHTER
WEEK END  Apr26/08(prel)  Apr19/08(prel)  Apr28/07
CANADA      65,965          61,425          64,171
EAST        14,548          14,332          17,051
WEST        51,417          47,093          47,148
ALBERTA     46,943          42,762          42,426
WEEK END  May03/08(est)   Apr26/08(est)   May05/07
US         699,000         704,000         663,500
CANADIAN CATTLE GRADES
WEEK END  Apr26/08        Apr19/08        Apr28/07
A           52,313          47,931          49,625
B              658             667           1,266
D            3,817           4,140           4,558
E              263             339             591
A GRADE MARBLING (%)
WEEK END  Apr26/08        Apr19/08        Apr28/07
A             2.5%            2.1%            4.8%
AA           39.6%           41.3%           43.9%
AAA          57.9%           56.6%           51.3%
CANADIAN CATTLE CLASSES
WEEK END  Apr26/08(prel)  Apr19/08(prel)  Apr28/07
STEERS      32,014          25,344          29,983
HEIFERS     21,888          23,934          21,601
COWS        11,671          11,730          11,715
BULLS          392             417             872
CALVES       5,336           5,292           4,896

CATTLE FUTURES - US $/CWT - CLOSE May02/2008
MTH   LIVE      CHG            MTH   FEEDER    CHG
JUN   91.45   -1.92            MAY  104.95   -2.80
AUG   97.50   -1.58            AUG  107.28   -3.38
OCT  103.53   -0.38            SEP  108.70   -3.10
DEC  103.47   -0.45            OCT  109.65   -2.85
FEB  105.47   -0.38            NOV  109.60   -2.40
APR  105.90   +0.05            JAN  107.70   -3.15
WEEK END        May02/08     Apr25/08     May04/07
US FSP - US$/CWT  104.87       101.87       107.07

CATTLE INDICATORS
BY PROD VAL     Apr25/08     Apr18/08     Apr27/07
  EAST-$/HEAD      78.82        78.82       103.94
  WEST-$/HEAD     105.50       105.50       101.50
  US-US$/CWT       10.81        10.70        10.18
CURRENTNESS     Apr26/08     Apr19/08     Apr28/07
  ALTA-A1%         64.9%        63.4%        63.4%
  CAN-A1%          63.6%        62.7%        64.5%
FD:STR RATIO    Apr25/08     Apr18/08     Apr27/07
  ALTA BARLEY       16.9         16.5         25.7
                Apr26/08     Apr19/08     Apr28/07
  US CORN           16.9         15.4         27.9

AVG CARCASS WT  Apr26/08     Apr19/08     Apr28/07
  ALTA STR-LBS     807.0        821.0        797.0
  CAN STR-LBS      828.0        843.0        813.0
  US CATTLE-LBS    772.0        773.0        756.0

LATEST CATTLE PRICES - $/CWT
WEEK END  May02/08        Apr25/08        May04/07
            ALBERTA RAILGRADE SALES
STR-LOW     150.00          148.45          166.80
STR-HIGH    153.65          151.75          174.25
HFR-LOW     150.00          146.70          163.15
HFR-HIGH    153.00          150.85          171.00
            ALBERTA DIRECT SALES
STR-RANGE  89.75-93.00    88.80-93.50    99.65-104.00
AVERAGE        N/A           90.36          102.47
VOLUME         N/A          13,552          14,524
HFR-RANGE  90.70-92.00    89.10-91.75    99.65-104.45
AVERAGE        N/A           89.59          101.70
VOLUME         N/A           6,549           7,014

OPEN MARKET - $/CWT
          May02/08        Apr25/08        May04/07
          STEERS - A1,2 AND CHOICE 2-4
ONTARIO      N/A-N/A      81.85-88.40   101.20-110.90
NEBRASKA*    N/A-N/A      90.00-93.00    94.00-97.00
          HEIFERS - A1,2 AND CHOICE 2-4
ONTARIO      N/A-N/A      82.20-88.30    98.55-110.15
NEBRASKA*  91.00-91.00    92.50-94.00    95.50-96.50
          COWS - D1,2
CLYDE      45.00-54.00    42.00-50.00    35.00-44.00
SIOUX F*     61.00           62.50           60.00

          800-900 LB FEEDER STEERS
CLYDE      85.00-91.50    82.00-88.00    99.00-110.00
PONOKA     87.00-92.00    80.00-85.00    97.00-102.00
STRATHMOR  80.00-92.00    80.00-92.00    90.00-106.00
ONTARIO      N/A-N/A      78.00-92.00    96.00-110.00
          700-800 LB FEEDER STEERS
CLYDE      92.00-100.00   85.00-97.00   110.00-119.75
PONOKA     90.00-98.75    89.00-94.00   100.00-114.75
STRATHMOR  86.00-100.00   86.00-100.00  100.00-115.00
C.NEBRAS*    N/A-N/A     102.85-112.00  106.00-120.10
          600-700 LB FEEDER STEERS
CLYDE      95.00-106.00   95.00-102.50  118.00-129.00
PONOKA     97.00-106.50   95.00-102.00  115.00-125.00
STRATHMOR  90.00-109.00   95.00-109.00  105.00-128.00
          500-600 LB FEEDER STEERS
CLYDE     105.00-113.00  100.00-105.25  120.00-134.00
PONOKA    100.00-110.00   95.00-105.00  125.00-135.00
STRATHMOR  90.00-115.00   95.00-115.00  105.00-132.00
ONTARIO      N/A-N/A      83.00-110.00  104.00-134.00
          700-800 LB FEEDER HEIFERS
CLYDE      82.00-89.75    78.00-83.00    94.00-104.50
PONOKA     87.00-94.00    80.00-84.00    97.00-106.00
STRATHMOR  70.00-87.00    70.00-87.00    85.00-104.00
          500-600 LB FEEDER HEIFERS
CLYDE      90.00-98.50    83.00-90.25   105.00-117.00
PONOKA     88.00-96.00    85.00-92.00   107.00-115.00
STRATHMOR  75.00-100.00   75.00-98.00    90.00-117.00


NOTE: * denotes price in US Dollars

PRELIM LIVE ANIMAL TRADE - WEEK ENDING Apr25/2008
CATTLE       FROM US     TO US     TO US     TO US
                SLTR      SLTR       FDR      HOGS
CANADA             0    14,164    15,688    42,527
EAST               0     4,255         0    15,930
WEST               0     9,909    15,688    26,597

BEEF WHOLESALE PRICES - $/CWT
WEEK ENDING     May02/08     Apr25/08     May04/07
CALGARY-STRS     151-152      145-147      170-172
CDA CUTOUT AAA       N/A          N/A       192.49
CDA CUTOUT AA/A      N/A          N/A       182.34

US BOXED BEEF CUTOUT - US $/CWT
WEEK END        May02/08     Apr25/08     May04/07
CHOICE 6-900      154.85       154.49       156.48
SELECT 6-900      152.38       151.29       145.13

HOG SLAUGHTER
WEEK END  Apr26/08(prel)  Apr19/08(prel)  Apr28/07
CANADA     414,256         420,823         422,587
EAST       256,073         260,394         254,215
WEST       158,183         160,429         168,372
ALBERTA     55,453          57,881          60,546
WEEK END  May03/08(est)   Apr26/08(est)   May05/07
US       2,155,000       2,245,000       1,970,200

HOG CASH PRICES - INDEX 100 - $/KG
WEEK END  May01/08        Apr24/08        May03/07
ALTA AVG     1.254           1.158           1.378
ONT AVG        N/A           1.168           1.435
INTERIOR IOWA MINNESOTA HOG CASH PRICES
WEEK END        May02/08     Apr25/08     May04/07
US $/CWT           73.22        72.09        74.64
CAN EQVT $/KG      1.922        1.889        2.130
US PORK CARCASS CUTOUT
US $/CWT           75.19        70.71        75.74
HOG FUTURES - US$/CWT       CAN/US$ CLOSE May02/2008
MTH   LEAN      CHG            MTH   FUTURES   CHG
MAY   72.55   -3.53            JUN   .9812 -0.0026
JUN   71.10   -5.25            SEP   .9806 -0.0028
JUL   73.78   -3.90            DEC   .9803 -0.0028
AUG   75.65   -2.55            MAR   .9799 -0.0031
OCT   71.83   -1.47            JUN   .9796 -0.0023
DEC   73.75   -1.72            SEP   .9793 -0.0015
HOG INDICATORS
WEEK END            Apr26/08   Apr19/08   Apr28/07
  AV DRSD WT US-LBS    203.0      204.0      203.0
FD:HOG RATIO        Apr25/08Apr18/08Apr27/07
  US CORN               12.9       11.1       20.4
                    Apr25/08   Apr18/08   Apr27/07
  ALTA BARLEY            7.9        7.3       12.2

SHEEP AND LAMB PRICES - Most Recent Sale to May01/2008
             MARKET LAMBS - FEEDER LAMBS     SHEEP
             (95-115 LBS)   (61-80 LBS)   (ALL WTS.)
ONTARIO      140.63-180.00  168.55-285.00     N/A
TEXAS (US$)        N/A        114.50      42.00$/CWT
CENTRAL ALTA 127.20-135.36
(INNISFAIL)