Weekly Livestock Market Review - June 6, 2008

The next weekly will be published on Friday, June 13, 2008
This information is collected by the Statistics and Data Development Unit

CAN/US $ Jun06  98.16 May30 100.58 Jun08/07  94.14
BANK RATE % Jun03  3.25 May27  3.25 Jun05/07  4.50

CATTLE SLAUGHTER
WEEK END  May31/08(prel)  May24/08(prel)  Jun02/07
CANADA      63,963          58,699          60,537
EAST        14,353          11,504          15,320
WEST        49,610          47,195          45,217
ALBERTA     44,802          43,162          40,364
WEEK END  Jun07/08(est)   May31/08(est)   Jun09/07
US         692,000         625,000         702,800
CANADIAN CATTLE GRADES
WEEK END  May31/08        May24/08        Jun02/07
A           49,425          45,968          45,800
B              775             640           1,097
D            4,595           3,850           4,750
E              215             212             578
A GRADE MARBLING (%)
WEEK END  May31/08        May24/08        Jun02/07
A             3.9%            3.7%            4.2%
AA           54.0%           50.0%           51.6%
AAA          42.0%           46.3%           44.2%
CANADIAN CATTLE CLASSES
WEEK END  May31/08(prel)  May24/08(prel)  Jun02/07
STEERS      32,458          30,123          30,221
HEIFERS     18,457          17,185          17,046
COWS        12,717          11,064          12,234
BULLS          331             327           1,036
CALVES       5,222           4,261           5,244

CATTLE FUTURES - US $/CWT - CLOSE Jun06/2008
MTH   LIVE      CHG            MTH   FEEDER    CHG
JUN   93.85   -2.88            AUG  112.25   -3.55
AUG  100.20   -1.42            SEP  113.45   -3.15
OCT  107.43   -0.65            OCT  114.33   -3.00
DEC  109.30   +0.77            NOV  114.40   -3.05
FEB  110.60   +1.22            JAN  112.50   -3.13
APR  112.05   +1.35            MAR  111.90   -1.30
WEEK END        Jun06/08     May30/08     Jun08/07
US FSP - US$/CWT  109.54       109.55       107.60

CATTLE INDICATORS
BY PROD VAL     May30/08     May23/08     Jun01/07
  EAST-$/HEAD      79.80        79.63        97.69
  WEST-$/HEAD     109.50       109.50       102.00
  US-US$/CWT       10.75        10.70        10.35
CURRENTNESS     May31/08     May24/08     Jun02/07
  ALTA-A1%         70.9%        68.4%        67.0%
  CAN-A1%          69.0%        67.8%        67.4%
FD:STR RATIO    May30/08     May23/08     Jun01/07
  ALTA BARLEY       17.2         16.6         23.8
                May31/08     May24/08     Jun02/07
  US CORN           17.3         16.9         24.3

AVG CARCASS WT  May31/08     May24/08     Jun02/07
  ALTA STR-LBS     805.0        812.0        797.0
  CAN STR-LBS      814.0        822.0        799.0
  US CATTLE-LBS    762.0        762.0        747.0

LATEST CATTLE PRICES - $/CWT
WEEK END  Jun06/08        May30/08        Jun08/07
            ALBERTA RAILGRADE SALES
STR-LOW     146.00          147.50          145.45
STR-HIGH    148.85          150.85          153.30
HFR-LOW     146.00          150.50          148.35
HFR-HIGH    148.85          150.85          153.00
            ALBERTA DIRECT SALES
STR-RANGE  88.45-89.75    87.45-91.50    88.80-95.00
AVERAGE        N/A           90.10           91.44
VOLUME         N/A          16,775          14,671
HFR-RANGE  88.60-89.50    86.55-91.50    91.00-91.60
AVERAGE        N/A           90.70           90.98
VOLUME         N/A           5,279           6,125

OPEN MARKET - $/CWT
          Jun06/08        May30/08        Jun08/07
          STEERS - A1,2 AND CHOICE 2-4
ONTARIO      N/A-N/A      85.05-92.25    97.35-106.65
NEBRASKA*    N/A-N/A      92.50-95.00    90.00-94.00
          HEIFERS - A1,2 AND CHOICE 2-4
ONTARIO      N/A-N/A      84.25-91.15    90.20-104.35
NEBRASKA*    N/A-N/A      93.50-95.00    90.00-91.50
          COWS - D1,2
CLYDE      40.00-48.00    36.00-46.00    38.00-43.50
SIOUX F*     65.75           67.50           62.75

          800-900 LB FEEDER STEERS
CLYDE      93.00-99.00    97.00-105.00  100.00-105.50
PONOKA     95.00-100.00   95.00-103.00  100.00-104.75
STRATHMOR    N/A-N/A      80.00-96.00    95.00-104.00
ONTARIO      N/A-N/A      82.00-96.00    96.00-112.00
          700-800 LB FEEDER STEERS
CLYDE      98.00-110.50   98.00-110.50  105.00-116.75
PONOKA    100.00-109.50  102.00-110.00  107.00-113.25
STRATHMOR    N/A-N/A      86.00-103.00  100.00-116.00
C.NEBRAS*    N/A-N/A        N/A-N/A     111.00-127.00
          600-700 LB FEEDER STEERS
CLYDE     105.00-117.00  105.00-115.00  120.00-128.50
PONOKA    107.00-125.00  110.00-118.00  114.00-123.50
STRATHMOR    N/A-N/A      90.00-108.00  100.00-129.00
          500-600 LB FEEDER STEERS
CLYDE     108.00-117.00  108.00-116.00  125.00-136.00
PONOKA    110.00-125.00  112.00-122.00  123.00-130.00
STRATHMOR    N/A-N/A      90.00-110.00  110.00-144.00
ONTARIO      N/A-N/A      86.00-114.00  110.00-133.00
          700-800 LB FEEDER HEIFERS
CLYDE      87.00-100.00   87.00-93.75   100.00-105.50
PONOKA     90.00-94.50    90.00-95.00   104.00-109.25
STRATHMOR    N/A-N/A      70.00-92.00    93.00-104.00
          500-600 LB FEEDER HEIFERS
CLYDE      95.00-106.75   95.00-102.50  115.00-116.25
PONOKA     90.00-100.00   92.00-101.00  112.00-118.00
STRATHMOR    N/A-N/A      75.00-97.00   100.00-117.00


NOTE: * denotes price in US Dollars

PRELIM LIVE ANIMAL TRADE - WEEK ENDING May30/2008
CATTLE       FROM US     TO US     TO US     TO US
                SLTR      SLTR       FDR      HOGS
CANADA             0    11,371    10,818    36,796
EAST               0     3,808         0    12,431
WEST               0     7,563    10,818    24,365

BEEF WHOLESALE PRICES - $/CWT
WEEK ENDING     Jun06/08     May30/08     Jun08/07
CALGARY-STRS     152-155      153-155      165-166
CDA CUTOUT AAA       N/A          N/A       183.43
CDA CUTOUT AA/A      N/A          N/A       176.70

US BOXED BEEF CUTOUT - US $/CWT
WEEK END        Jun06/08     May30/08     Jun08/07
CHOICE 6-900      156.90       155.98       152.72
SELECT 6-900      152.82       152.41       144.60

HOG SLAUGHTER
WEEK END  May31/08(prel)  May24/08(prel)  Jun02/07
CANADA     397,166         355,382         392,278
EAST       245,698         213,508         251,442
WEST       151,468         141,874         140,836
ALBERTA     50,567          56,748          38,433
WEEK END  Jun07/08(est)   May31/08(est)   Jun09/07
US       2,117,000       1,828,000       1,908,900

HOG CASH PRICES - INDEX 100 - $/KG
WEEK END  Jun05/08        May29/08        Jun07/07
ALTA AVG     1.263           1.298           1.323
ONT AVG        N/A             N/A           1.421
INTERIOR IOWA MINNESOTA HOG CASH PRICES
WEEK END        Jun06/08     May30/08     Jun08/07
US $/CWT           72.09        72.58        69.62
CAN EQVT $/KG      1.893        1.860        1.906
US PORK CARCASS CUTOUT
US $/CWT           76.76        80.27        73.36
HOG FUTURES - US$/CWT       CAN/US$ CLOSE Jun06/2008
MTH   LEAN      CHG            MTH   FUTURES   CHG
JUN   75.13   -1.63            JUN   .9809 -0.0289
JUL   74.00   -2.05            SEP   .9803 -0.0287
AUG   76.72   -0.68            DEC   .9803 -0.0282
OCT   75.30   +1.88            MAR   .9805 -0.0279
DEC   76.33   +2.15            JUN   .9806 -0.0277
FEB   80.95   +1.65            SEP   .9807 -0.0275
HOG INDICATORS
WEEK END            May31/08   May24/08   Jun02/07
  AV DRSD WT US-LBS    201.0      201.0      203.0
FD:HOG RATIO        May30/08May23/08Jun01/07
  US CORN               13.4       14.0       19.2
                    May30/08   May23/08   Jun01/07
  ALTA BARLEY            9.0        9.1       12.3

SHEEP AND LAMB PRICES - Most Recent Sale to Jun05/2008
             MARKET LAMBS - FEEDER LAMBS     SHEEP
             (95-115 LBS)   (61-80 LBS)   (ALL WTS.)
ONTARIO      177.60-210.00  158.28-250.00     N/A
TEXAS (US$)        N/A        115.50      40.50$/CWT
CENTRAL ALTA 126.24-133.44
(INNISFAIL)