Weekly Livestock Market Review - May 9, 2008

The next weekly will be published on Friday, May 16, 2008
This information is collected by the Statistics and Data Development Unit

CAN/US $ May09  99.39 May02  98.20 May11/07  89.81
BANK RATE % May06  3.25 Apr29  3.25 May08/07  4.50

CATTLE SLAUGHTER
WEEK END  May03/08(prel)  Apr26/08(prel)  May05/07
CANADA      63,199          65,965          61,915
EAST        14,328          14,548          17,432
WEST        48,871          51,417          44,519
ALBERTA     44,350          46,943          39,745
WEEK END  May10/08(est)   May03/08(est)   May12/07
US         698,000         699,000         672,300
CANADIAN CATTLE GRADES
WEEK END  May03/08        Apr26/08        May05/07
A           50,480          52,313          45,941
B              870             658           1,202
D            3,836           3,817           5,597
E              271             263             643
A GRADE MARBLING (%)
WEEK END  May03/08        Apr26/08        May05/07
A             2.6%            2.5%            4.8%
AA           41.4%           39.6%           46.7%
AAA          56.1%           57.9%           48.4%
CANADIAN CATTLE CLASSES
WEEK END  May03/08(prel)  Apr26/08(prel)  May05/07
STEERS      28,389          32,331          27,264
HEIFERS     23,829          21,888          20,649
COWS        10,573          11,354          12,947
BULLS          408             392           1,055
CALVES       5,001           5,336           5,163

CATTLE FUTURES - US $/CWT - CLOSE May09/2008
MTH   LIVE      CHG            MTH   FEEDER    CHG
JUN   94.53   +3.08            MAY  107.35   +2.40
AUG  100.20   +2.70            AUG  109.93   +2.65
OCT  107.05   +3.52            SEP  111.55   +2.85
DEC  107.58   +4.10            OCT  112.47   +2.82
FEB  108.63   +3.15            NOV  112.70   +3.10
APR  110.05   +4.15            JAN  110.20   +2.50
WEEK END        May09/08     May02/08     May11/07
US FSP - US$/CWT  105.42       104.87       106.98

CATTLE INDICATORS
BY PROD VAL     May02/08     Apr25/08     May04/07
  EAST-$/HEAD      79.41        78.82        97.69
  WEST-$/HEAD     105.50       105.50       101.50
  US-US$/CWT       10.76        10.81        10.08
CURRENTNESS     May03/08     Apr26/08     May05/07
  ALTA-A1%         67.7%        64.9%        64.1%
  CAN-A1%          66.1%        63.6%        66.2%
FD:STR RATIO    May02/08     Apr25/08     May04/07
  ALTA BARLEY       17.4         16.9         25.9
                May03/08     Apr26/08     May05/07
  US CORN           15.2         16.9         26.8

AVG CARCASS WT  May03/08     Apr26/08     May05/07
  ALTA STR-LBS     807.0        807.0        790.0
  CAN STR-LBS      827.0        827.0        811.0
  US CATTLE-LBS    768.0        772.0        751.0

LATEST CATTLE PRICES - $/CWT
WEEK END  May09/08        May02/08        May11/07
            ALBERTA RAILGRADE SALES
STR-LOW     151.00          150.00          167.00
STR-HIGH    152.85          153.65          171.30
HFR-LOW     151.00          150.00          168.05
HFR-HIGH    152.85          153.00          170.85
            ALBERTA DIRECT SALES
STR-RANGE  88.50-93.50    89.75-93.00    97.75-102.50
AVERAGE        N/A           91.56          102.05
VOLUME         N/A          14,491          12,782
HFR-RANGE  89.60-92.00    90.70-92.00    97.75-102.50
AVERAGE        N/A           90.69          101.75
VOLUME         N/A           6,329           7,327

OPEN MARKET - $/CWT
          May09/08        May02/08        May11/07
          STEERS - A1,2 AND CHOICE 2-4
ONTARIO      N/A-N/A      83.60-90.70   105.10-113.60
NEBRASKA*    N/A-N/A      92.50-93.50    96.00-98.00
          HEIFERS - A1,2 AND CHOICE 2-4
ONTARIO      N/A-N/A      81.15-89.35   101.60-110.10
NEBRASKA*  92.50-93.00    91.00-93.50    96.00-97.00
          COWS - D1,2
CLYDE      37.00-46.00    45.00-54.00    35.00-47.00
SIOUX F*     63.50           61.00           61.50

          800-900 LB FEEDER STEERS
CLYDE      88.00-96.00    85.00-91.50    99.00-110.00
PONOKA     85.00-94.00    87.00-92.00   100.00-107.00
STRATHMOR  80.00-94.00    80.00-92.00      N/A-109.25
ONTARIO      N/A-N/A      80.00-94.00    98.00-114.00
          700-800 LB FEEDER STEERS
CLYDE      92.00-100.00   92.00-100.00  110.00-116.00
PONOKA     90.00-95.75    90.00-98.75   104.00-114.50
STRATHMOR  86.00-103.00   86.00-100.00   90.00-118.00
C.NEBRAS*    N/A-N/A     100.00-112.00  109.50-122.00
          600-700 LB FEEDER STEERS
CLYDE      98.00-108.00   95.00-106.00  118.00-128.00
PONOKA    100.00-108.00   97.00-106.50  118.00-121.00
STRATHMOR  90.00-111.00   90.00-109.00   96.00-131.25
          500-600 LB FEEDER STEERS
CLYDE     105.00-111.50  105.00-113.00  120.00-133.25
PONOKA    100.00-110.00  100.00-110.00  128.00-133.00
STRATHMOR  90.00-113.00   90.00-115.00   90.00-135.25
ONTARIO      N/A-N/A      85.00-110.00  106.00-136.00
          700-800 LB FEEDER HEIFERS
CLYDE      82.00-89.75    82.00-89.75    94.00-110.00
PONOKA     80.00-87.50    87.00-94.00    94.00-100.00
STRATHMOR  70.00-95.00    70.00-87.00    70.00-107.60
          500-600 LB FEEDER HEIFERS
CLYDE      93.00-103.25   90.00-98.50   105.00-118.00
PONOKA     90.00-96.00    88.00-96.00   108.00-112.00
STRATHMOR  75.00-96.00    75.00-100.00   70.00-114.25


NOTE: * denotes price in US Dollars

PRELIM LIVE ANIMAL TRADE - WEEK ENDING May02/2008
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     May09/08     May02/08     May11/07
CALGARY-STRS     151-153      151-152      172-174
CDA CUTOUT AAA       N/A          N/A       186.17
CDA CUTOUT AA/A      N/A          N/A       181.84

US BOXED BEEF CUTOUT - US $/CWT
WEEK END        May09/08     May02/08     May11/07
CHOICE 6-900      155.33       154.85       160.08
SELECT 6-900      152.26       152.38       146.80

HOG SLAUGHTER
WEEK END  May03/08(prel)  Apr26/08(prel)  May05/07
CANADA     409,727         414,256         415,765
EAST       250,942         256,073         250,652
WEST       158,785         158,183         165,113
ALBERTA     56,326          55,453          58,689
WEEK END  May10/08(est)   May03/08(est)   May12/07
US       2,089,000       2,155,000       1,938,500

HOG CASH PRICES - INDEX 100 - $/KG
WEEK END  May08/08        May01/08        May10/07
ALTA AVG     1.297           1.255           1.392
ONT AVG        N/A             N/A           1.472
INTERIOR IOWA MINNESOTA HOG CASH PRICES
WEEK END        May09/08     May02/08     May11/07
US $/CWT           79.00        73.22        71.57
CAN EQVT $/KG      2.049        1.922        2.054
US PORK CARCASS CUTOUT
US $/CWT           78.77        74.21        76.55
HOG FUTURES - US$/CWT       CAN/US$ CLOSE May09/2008
MTH   LEAN      CHG            MTH   FUTURES   CHG
MAY   80.22   +7.67            JUN   .9932 +0.0120
JUN   76.88   +5.78            SEP   .9927 +0.0121
JUL   76.95   +3.17            DEC   .9924 +0.0121
AUG   79.10   +3.45            MAR   .9923 +0.0124
OCT   75.95   +4.13            JUN   .9921 +0.0125
DEC   77.90   +4.15            SEP   .9919 +0.0126
HOG INDICATORS
WEEK END            May03/08   Apr26/08   May05/07
  AV DRSD WT US-LBS    203.0      203.0      203.0
FD:HOG RATIO        May02/08Apr25/08May04/07
  US CORN               12.1       12.9       20.0
                    May02/08   Apr25/08   May04/07
  ALTA BARLEY            8.6        7.9       12.6

SHEEP AND LAMB PRICES - Most Recent Sale to May08/2008
             MARKET LAMBS - FEEDER LAMBS     SHEEP
             (95-115 LBS)   (61-80 LBS)   (ALL WTS.)
ONTARIO      160.27-199.00  172.38-245.00     N/A
TEXAS (US$)        N/A        119.00      39.75$/CWT
CENTRAL ALTA 125.76-129.60
(INNISFAIL)