Weekly Livestock Market Review - July 18, 2008

The next weekly will be published on Friday, July 25, 2008
This information is collected by the Statistics and Data Development Unit

CAN/US $ Jul18  99.47 Jul11  99.09 Jul20/07  95.79
BANK RATE % Jul15  3.25 Jul08  3.25 Jul17/07  4.75

CATTLE SLAUGHTER
WEEK END  Jul12/08(prel)  Jul05/08(prel)  Jul14/07
CANADA      59,547          54,691          60,338
EAST        13,369          10,800          15,744
WEST        46,178          43,891          44,594
ALBERTA     41,513          40,001          40,474
WEEK END  Jul19/08(est)   Jul12/08(est)   Jul21/07
US         686,000         697,000         681,900
CANADIAN CATTLE GRADES
WEEK END  Jul12/08        Jul05/08        Jul14/07
A           47,498          43,379          47,045
B              908             697           1,432
D            3,888           3,377           3,756
E              172             149             584
A GRADE MARBLING (%)
WEEK END  Jul12/08        Jul05/08        Jul14/07
A             2.8%            3.0%            4.4%
AA           47.8%           48.1%           54.8%
AAA          49.4%           48.9%           40.8%
CANADIAN CATTLE CLASSES
WEEK END  Jul12/08(prel)  Jul05/08(prel)  Jul14/07
STEERS      33,044          30,493          33,580
HEIFERS     15,903          14,175          15,179
COWS        10,315           9,746          10,759
BULLS          285             277             820
CALVES       4,906           4,199           4,839

CATTLE FUTURES - US $/CWT - CLOSE Jul18/2008
MTH   LIVE      CHG            MTH   FEEDER    CHG
AUG   97.50   -3.70            AUG  113.88   +2.15
OCT  105.10   -3.48            SEP  114.50   +0.80
DEC  108.08   -3.33            OCT  116.28   +0.73
FEB  109.53   -3.42            NOV  117.45   +1.00
APR  111.50   -2.35            JAN  116.40   +0.65
JUN  109.22   -2.35            MAR  116.00   +0.40
WEEK END        Jul18/08     Jul11/08     Jul20/07
US FSP - US$/CWT  111.16       111.76       112.69

CATTLE INDICATORS
BY PROD VAL     Jul11/08     Jul04/08     Jul13/07
  EAST-$/HEAD      80.24        80.12        88.94
  WEST-$/HEAD     112.00       111.50       101.50
  US-US$/CWT       11.97        11.77         9.83
CURRENTNESS     Jul12/08     Jul05/08     Jul14/07
  ALTA-A1%         65.9%        69.7%        68.9%
  CAN-A1%          64.7%        68.3%        67.6%
FD:STR RATIO    Jul11/08     Jul04/08     Jul13/07
  ALTA BARLEY       16.7         17.1         19.7
                Jul12/08     Jul05/08     Jul14/07
  US CORN           16.1          N/A         26.6

AVG CARCASS WT  Jul12/08     Jul05/08     Jul14/07
  ALTA STR-LBS     825.0        815.0        824.0
  CAN STR-LBS      827.0        822.0        825.0
  US CATTLE-LBS    771.0        768.0        769.0

LATEST CATTLE PRICES - $/CWT
WEEK END  Jul18/08        Jul11/08        Jul20/07
            ALBERTA RAILGRADE SALES
STR-LOW     158.50          158.00          139.95
STR-HIGH    159.83          163.85          141.80
HFR-LOW     157.50          163.00          141.00
HFR-HIGH    159.83          163.85          141.00
            ALBERTA DIRECT SALES
STR-RANGE  94.25-96.80    94.50-100.25   83.25-85.25
AVERAGE        N/A           98.21           84.20
VOLUME         N/A          17,618          17,252
HFR-RANGE  93.00-94.09    96.00-100.00   83.25-84.85
AVERAGE        N/A           97.12           83.73
VOLUME         N/A           6,478           5,598

OPEN MARKET - $/CWT
          Jul18/08        Jul11/08        Jul20/07
          STEERS - A1,2 AND CHOICE 2-4
ONTARIO      N/A-N/A      93.35-102.80   90.35-99.75
NEBRASKA*  97.00-97.00    98.00-100.00   88.00-89.50
          HEIFERS - A1,2 AND CHOICE 2-4
ONTARIO      N/A-N/A      91.25-102.15   87.35-98.65
NEBRASKA*  96.00-97.00    99.50-100.00   88.00-89.50
          COWS - D1,2
CLYDE      45.00-58.00    45.00-58.00    35.00-46.50
SIOUX F*     67.00           69.00           60.00

          800-900 LB FEEDER STEERS
CLYDE      95.00-104.50   95.00-101.50   95.00-107.00
PONOKA    101.00-110.00  102.00-107.25  100.00-106.00
STRATHMOR  95.00-110.00   95.00-110.00     N/A-N/A
ONTARIO      N/A-N/A      95.00-109.00   96.00-114.00
          700-800 LB FEEDER STEERS
CLYDE     100.00-108.50   98.00-106.25  105.00-110.75
PONOKA    107.00-114.00  105.00-110.00  103.00-110.00
STRATHMOR  95.00-112.00   95.00-115.00     N/A-N/A
C.NEBRAS*    N/A-N/A     109.00-124.50  112.50-123.50
          600-700 LB FEEDER STEERS
CLYDE     100.00-114.25  100.00-110.25  111.00-119.75
PONOKA    107.00-115.50  108.00-115.50  111.00-120.00
STRATHMOR  90.00-114.00   90.00-114.00     N/A-N/A
          500-600 LB FEEDER STEERS
CLYDE     105.00-115.00  105.00-115.00  120.00-125.50
PONOKA    107.00-115.00  110.00-118.00  116.00-122.00
STRATHMOR  90.00-118.00   90.00-118.00     N/A-N/A
ONTARIO      N/A-N/A     102.00-126.00  110.00-133.00
          700-800 LB FEEDER HEIFERS
CLYDE      90.00-100.25   87.00-96.00   100.00-105.00
PONOKA     92.00-100.00   94.00-100.00   90.00-99.50
STRATHMOR  70.00-106.00   70.00-106.00     N/A-N/A
          500-600 LB FEEDER HEIFERS
CLYDE      93.00-101.25   90.00-99.00   100.00-108.00
PONOKA     97.00-104.00  105.00-113.00  104.00-110.00
STRATHMOR  75.00-105.00   75.00-105.00     N/A-N/A


NOTE: * denotes price in US Dollars

PRELIM LIVE ANIMAL TRADE - WEEK ENDING Jul11/2008
CATTLE       FROM US     TO US     TO US     TO US
                SLTR      SLTR       FDR      HOGS
CANADA             0    11,158     7,756    36,882
EAST               0     3,196       149    15,022
WEST               0     7,962     7,607    21,860

BEEF WHOLESALE PRICES - $/CWT
WEEK ENDING     Jul18/08     Jul11/08     Jul20/07
CALGARY-STRS     156-163      160-160      153-154
CDA CUTOUT AAA       N/A       178.23       163.32
CDA CUTOUT AA/A      N/A       173.82       159.76

US BOXED BEEF CUTOUT - US $/CWT
WEEK END        Jul18/08     Jul11/08     Jul20/07
CHOICE 6-900      170.77       173.34       142.83
SELECT 6-900      162.83       166.15       136.72

HOG SLAUGHTER
WEEK END  Jul12/08(prel)  Jul05/08(prel)  Jul14/07
CANADA     408,625         338,622         408,364
EAST       255,508         209,030         248,901
WEST       153,117         129,592         159,463
ALBERTA     48,680          43,299          59,054
WEEK END  Jul19/08(est)   Jul12/08(est)   Jul21/07
US       2,145,000       2,152,000       1,958,300

HOG CASH PRICES - INDEX 100 - $/KG
WEEK END  Jul17/08        Jul10/08        Jul19/07
ALTA AVG     1.274           1.251           1.236
ONT AVG        N/A             N/A           1.307
INTERIOR IOWA MINNESOTA HOG CASH PRICES
WEEK END        Jul18/08     Jul11/08     Jul20/07
US $/CWT           78.37        74.15        68.87
CAN EQVT $/KG      2.031        1.929        1.854
US PORK CARCASS CUTOUT
US $/CWT           83.11        80.36        75.31
HOG FUTURES - US$/CWT       CAN/US$ CLOSE Jul18/2008
MTH   LEAN      CHG            MTH   FUTURES   CHG
AUG   76.90   +2.25            SEP   .9930 +0.0033
OCT   72.65   +1.40            DEC   .9924 +0.0034
DEC   74.83   -0.63            MAR   .9919 +0.0034
FEB   82.53   -1.77            JUN   .9915 +0.0036
APR   89.78   -1.67            SEP   .9912 +0.0037
MAY   95.50   -1.60            DEC   .9909 +0.0038
HOG INDICATORS
WEEK END            Jul12/08   Jul05/08   Jul14/07
  AV DRSD WT US-LBS    198.0      199.0      199.0
FD:HOG RATIO        Jul11/08Jul04/08Jul13/07
  US CORN               11.5        N/A       19.5
                    Jul11/08   Jul04/08   Jul13/07
  ALTA BARLEY            7.7        8.1       10.6

SHEEP AND LAMB PRICES - Most Recent Sale to Jul17/2008
             MARKET LAMBS - FEEDER LAMBS     SHEEP
             (95-115 LBS)   (61-80 LBS)   (ALL WTS.)
ONTARIO      139.79-170.00  131.84-223.08     N/A
TEXAS (US$)        N/A         99.50      42.00$/CWT
CENTRAL ALTA 116.16-135.36
(INNISFAIL)