CAN/US $ Jul11 99.09 Jul04 98.47 Jul13/07 95.45 BANK RATE % Jul08 3.25 Jul01 3.25 Jul10/07 4.75 CATTLE SLAUGHTER WEEK END Jul05/08(prel) Jun28/08(prel) Jul07/07 CANADA 54,691 67,633 50,925 EAST 10,800 13,256 13,589 WEST 43,891 54,377 37,336 ALBERTA 40,001 49,459 33,922 WEEK END Jul12/08(est) Jul05/08(est) Jul14/07 US 694,000 591,000 678,500 CANADIAN CATTLE GRADES WEEK END Jul05/08 Jun28/08 Jul07/07 A 43,379 53,331 38,739 B 697 1,104 1,221 D 3,377 4,713 3,311 E 149 235 489 A GRADE MARBLING (%) WEEK END Jul05/08 Jun28/08 Jul07/07 A 3.0% 2.8% 3.7% AA 48.1% 49.5% 51.4% AAA 48.9% 47.7% 44.9% CANADIAN CATTLE CLASSES WEEK END Jul05/08(prel) Jun28/08(prel) Jul07/07 STEERS 30,493 36,788 27,518 HEIFERS 14,175 18,202 12,864 COWS 9,746 12,303 9,785 BULLS 277 340 758 CALVES 4,199 4,411 4,338 CATTLE FUTURES - US $/CWT - CLOSE Jul11/2008 MTH LIVE CHG MTH FEEDER CHG AUG 101.20 -2.60 AUG 111.72 +0.15 OCT 108.58 -2.95 SEP 113.70 +0.50 DEC 111.40 -3.10 OCT 115.55 +0.50 FEB 112.95 -3.15 NOV 116.45 +0.30 APR 113.85 -3.05 JAN 115.75 -0.05 JUN 111.58 -2.83 MAR 115.60 -0.15 WEEK END Jul11/08 Jul04/08 Jul13/07 US FSP - US$/CWT 111.76 109.10 111.61 CATTLE INDICATORS BY PROD VAL Jul04/08 Jun27/08 Jul06/07 EAST-$/HEAD 80.12 79.37 92.69 WEST-$/HEAD 111.50 111.50 102.00 US-US$/CWT 11.77 11.40 9.94 CURRENTNESS Jul05/08 Jun28/08 Jul07/07 ALTA-A1% 69.7% 70.4% 67.2% CAN-A1% 68.3% 69.6% 65.7% FD:STR RATIO Jul04/08 Jun27/08 Jul06/07 ALTA BARLEY 17.1 16.2 19.7 Jul05/08 Jun28/08 Jul07/07 US CORN N/A 14.5 26.6 AVG CARCASS WT Jul05/08 Jun28/08 Jul07/07 ALTA STR-LBS 815.0 811.0 821.0 CAN STR-LBS 822.0 816.0 822.0 US CATTLE-LBS 768.0 765.0 766.0 LATEST CATTLE PRICES - $/CWT WEEK END Jul11/08 Jul04/08 Jul13/07 ALBERTA RAILGRADE SALES STR-LOW 158.00 160.00 138.50 STR-HIGH 163.85 161.85 143.30 HFR-LOW 163.00 160.00 140.00 HFR-HIGH 163.85 161.85 141.10 ALBERTA DIRECT SALES STR-RANGE 94.50-100.25 95.65-97.90 83.00-85.00 AVERAGE N/A 96.92 84.71 VOLUME N/A 15,484 17,762 HFR-RANGE 96.00-100.00 95.30-97.90 83.00-85.50 AVERAGE N/A 96.14 84.87 VOLUME N/A 7,808 7,660 OPEN MARKET - $/CWT Jul11/08 Jul04/08 Jul13/07 STEERS - A1,2 AND CHOICE 2-4 ONTARIO N/A-N/A 90.45-101.05 93.00-100.85 NEBRASKA* 100.00-100.00 100.00-102.00 88.00-90.00 HEIFERS - A1,2 AND CHOICE 2-4 ONTARIO N/A-N/A 89.75-97.35 90.25-99.80 NEBRASKA* 99.50-100.00 100.00-102.50 89.00-90.00 COWS - D1,2 CLYDE N/A-N/A 40.00-56.00 35.00-43.50 SIOUX F* 69.00 71.50 60.00 800-900 LB FEEDER STEERS CLYDE N/A-N/A 95.00-107.50 95.00-102.50 PONOKA 102.00-107.25 98.00-103.00 100.00-106.00 STRATHMOR N/A-N/A 95.00-108.00 95.00-105.00 ONTARIO N/A-N/A 87.00-101.00 105.00-111.00 700-800 LB FEEDER STEERS CLYDE N/A-N/A 105.00-114.25 105.00-113.00 PONOKA 105.00-110.00 98.00-108.00 105.00-115.00 STRATHMOR N/A-N/A 95.00-111.00 100.00-111.00 C.NEBRAS* N/A-N/A N/A-N/A 115.00-132.00 600-700 LB FEEDER STEERS CLYDE N/A-N/A 110.00-116.25 111.00-121.50 PONOKA 108.00-115.50 105.00-112.00 110.00-126.50 STRATHMOR N/A-N/A 90.00-114.00 105.00-127.00 500-600 LB FEEDER STEERS CLYDE N/A-N/A 110.00-119.50 125.00-131.50 PONOKA 110.00-118.00 105.00-116.00 115.00-130.00 STRATHMOR N/A-N/A 90.00-118.00 N/A-N/A ONTARIO N/A-N/A 100.00-120.00 110.00-129.00 700-800 LB FEEDER HEIFERS CLYDE N/A-N/A 87.00-99.25 100.00-100.50 PONOKA 94.00-100.00 86.00-93.00 95.00-102.00 STRATHMOR N/A-N/A 70.00-102.00 82.00-102.00 500-600 LB FEEDER HEIFERS CLYDE N/A-N/A 98.00-105.25 110.00-113.50 PONOKA 105.00-113.00 95.00-101.00 110.00-116.00 STRATHMOR N/A-N/A 75.00-100.00 N/A-N/A NOTE: * denotes price in US Dollars PRELIM LIVE ANIMAL TRADE - WEEK ENDING Jul04/2008 CATTLE FROM US TO US TO US TO US SLTR SLTR FDR HOGS CANADA 0 7,534 5,720 28,865 EAST 0 2,607 125 12,355 WEST 0 4,927 5,595 16,510 BEEF WHOLESALE PRICES - $/CWT WEEK ENDING Jul11/08 Jul04/08 Jul13/07 CALGARY-STRS 160-160 152-156 151-153 CDA CUTOUT AAA N/A N/A 164.84 CDA CUTOUT AA/A N/A N/A 158.53 US BOXED BEEF CUTOUT - US $/CWT WEEK END Jul11/08 Jul04/08 Jul13/07 CHOICE 6-900 173.34 170.60 142.42 SELECT 6-900 166.15 163.87 136.43 HOG SLAUGHTER WEEK END Jul05/08(prel) Jun28/08(prel) Jul07/07 CANADA 338,622 369,101 340,956 EAST 209,030 221,128 210,349 WEST 129,592 147,973 130,607 ALBERTA 43,299 46,035 48,249 WEEK END Jul12/08(est) Jul05/08(est) Jul14/07 US 2,152,000 1,702,000 1,950,900 HOG CASH PRICES - INDEX 100 - $/KG WEEK END Jul10/08 Jul03/08 Jul12/07 ALTA AVG 1.243 1.263 1.256 ONT AVG N/A N/A 1.359 INTERIOR IOWA MINNESOTA HOG CASH PRICES WEEK END Jul11/08 Jul04/08 Jul13/07 US $/CWT 74.15 69.66 67.37 CAN EQVT $/KG 1.929 1.824 1.820 US PORK CARCASS CUTOUT US $/CWT 81.12 79.12 72.89 HOG FUTURES - US$/CWT CAN/US$ CLOSE Jul11/2008 MTH LEAN CHG MTH FUTURES CHG JUL 74.97 +2.70 SEP .9897 +0.0114 AUG 74.65 +3.70 DEC .9890 +0.0114 OCT 71.25 +1.80 MAR .9885 +0.0115 DEC 75.45 +1.55 JUN .9879 +0.0115 FEB 84.30 +2.25 SEP .9875 +0.0117 APR 91.45 -0.35 DEC .9871 +0.0119 HOG INDICATORS WEEK END Jul05/08 Jun28/08 Jul07/07 AV DRSD WT US-LBS 199.0 200.0 200.0 FD:HOG RATIO Jul04/08Jun27/08Jul06/07 US CORN N/A 10.4 22.4 Jul04/08 Jun27/08 Jul06/07 ALTA BARLEY 8.1 8.1 11.2 SHEEP AND LAMB PRICES - Most Recent Sale to Jul10/2008 MARKET LAMBS - FEEDER LAMBS SHEEP (95-115 LBS) (61-80 LBS) (ALL WTS.) ONTARIO 152.63-168.00 132.96-241.00 N/A TEXAS (US$) N/A 97.50 40.75$/CWT CENTRAL ALTA 124.32-133.92 (INNISFAIL)