Weekly Livestock Market Review - July 25, 2008

The next weekly will be published on Friday, August 1, 2008
This information is collected by the Statistics and Data Development Unit

CAN/US $ Jul25  98.39 Jul18  99.47 Jul27/07  94.43
BANK RATE % Jul22  3.25 Jul15  3.25 Jul24/07  4.75

CATTLE SLAUGHTER
WEEK END  Jul19/08(prel)  Jul12/08(prel)  Jul21/07
CANADA      62,923          59,547          60,979
EAST        13,394          13,369          15,436
WEST        49,529          46,178          45,543
ALBERTA     44,782          41,513          41,540
WEEK END  Jul26/08(est)   Jul19/08(est)   Jul28/07
US         668,000         686,000         668,700
CANADIAN CATTLE GRADES
WEEK END  Jul19/08        Jul12/08        Jul21/07
A           49,289          47,498          48,869
B              947             908           1,271
D            4,170           3,888           3,891
E              139             172             549
A GRADE MARBLING (%)
WEEK END  Jul19/08        Jul12/08        Jul21/07
A             3.7%            2.8%            4.3%
AA           49.8%           47.8%           54.6%
AAA          46.5%           49.4%           41.2%
CANADIAN CATTLE CLASSES
WEEK END  Jul19/08(prel)  Jul12/08(prel)  Jul21/07
STEERS      35,204          33,044          33,095
HEIFERS     15,627          15,903          17,419
COWS        11,810          10,315           9,725
BULLS          282             285             740
CALVES       5,042           4,906           4,784

CATTLE FUTURES - US $/CWT - CLOSE Jul25/2008
MTH   LIVE      CHG            MTH   FEEDER    CHG
AUG   97.83   +0.33            AUG  111.75   -2.13
OCT  105.10   +0.00            SEP  111.93   -2.58
DEC  107.30   -0.78            OCT  113.28   -3.00
FEB  108.53   -1.00            NOV  114.22   -3.23
APR  110.33   -1.17            JAN  114.28   -2.13
JUN  108.65   -0.57            MAR  113.90   -2.10
WEEK END        Jul25/08     Jul18/08     Jul27/07
US FSP - US$/CWT  111.34       111.16       113.83

CATTLE INDICATORS
BY PROD VAL     Jul18/08     Jul11/08     Jul20/07
  EAST-$/HEAD      80.24        80.24        88.94
  WEST-$/HEAD     112.00       112.00       101.00
  US-US$/CWT       12.12        11.97         9.83
CURRENTNESS     Jul19/08     Jul12/08     Jul21/07
  ALTA-A1%         11.5%        65.9%        67.0%
  CAN-A1%          63.5%        64.7%        66.2%
FD:STR RATIO    Jul18/08     Jul11/08     Jul20/07
  ALTA BARLEY       16.8         16.7         19.9
                Jul19/08     Jul12/08     Jul21/07
  US CORN           16.2         16.1         29.1

AVG CARCASS WT  Jul19/08     Jul12/08     Jul21/07
  ALTA STR-LBS     825.0        825.0        828.0
  CAN STR-LBS      827.0        827.0        827.0
  US CATTLE-LBS    775.0        771.0        774.0

LATEST CATTLE PRICES - $/CWT
WEEK END  Jul25/08        Jul18/08        Jul27/07
            ALBERTA RAILGRADE SALES
STR-LOW        N/A          158.50          139.00
STR-HIGH       N/A          159.83          141.30
HFR-LOW        N/A          157.50          138.50
HFR-HIGH       N/A          159.83          141.30
            ALBERTA DIRECT SALES
STR-RANGE    N/A-N/A      94.25-96.80    83.30-85.75
AVERAGE        N/A           95.30           84.68
VOLUME         N/A          16,426          17,002
HFR-RANGE    N/A-N/A      93.00-94.09    83.85-84.55
AVERAGE        N/A           94.09           84.36
VOLUME         N/A           3,174           5,876

OPEN MARKET - $/CWT
          Jul25/08        Jul18/08        Jul27/07
          STEERS - A1,2 AND CHOICE 2-4
ONTARIO      N/A-N/A      90.23-100.40   89.80-97.45
NEBRASKA*  97.00-98.00    97.00-97.00    88.50-91.00
          HEIFERS - A1,2 AND CHOICE 2-4
ONTARIO      N/A-N/A      90.47-100.43   80.35-94.45
NEBRASKA*  96.00-98.00    96.00-97.00    89.00-91.00
          COWS - D1,2
CLYDE      45.00-60.00    45.00-58.00    35.00-46.50
SIOUX F*     67.00           67.00           63.00

          800-900 LB FEEDER STEERS
CLYDE      95.00-104.75   95.00-104.50   95.00-103.00
PONOKA     97.00-108.50  101.00-110.00   90.00-97.00
STRATHMOR    N/A-N/A      95.00-110.00     N/A-N/A
ONTARIO      N/A-N/A     102.00-109.00  101.00-109.00
          700-800 LB FEEDER STEERS
CLYDE     100.00-106.50  100.00-108.50  105.00-109.50
PONOKA    108.00-111.00  107.00-114.00  102.00-110.50
STRATHMOR    N/A-N/A      95.00-112.00     N/A-N/A
C.NEBRAS*    N/A-N/A     106.00-113.50  112.50-123.50
          600-700 LB FEEDER STEERS
CLYDE     105.00-113.25  100.00-114.25  111.00-115.75
PONOKA    110.00-114.50  107.00-115.50  110.00-115.50
STRATHMOR    N/A-N/A      90.00-114.00     N/A-N/A
          500-600 LB FEEDER STEERS
CLYDE     105.00-115.50  105.00-115.00  115.00-120.00
PONOKA    108.00-115.00  107.00-115.00  110.00-125.00
STRATHMOR    N/A-N/A      90.00-118.00     N/A-N/A
ONTARIO      N/A-N/A      91.00-116.00  105.00-131.00
          700-800 LB FEEDER HEIFERS
CLYDE      90.00-98.75    90.00-100.25   90.00-100.00
PONOKA     94.00-98.00    92.00-100.00   90.00-96.00
STRATHMOR    N/A-N/A      70.00-106.00     N/A-N/A
          500-600 LB FEEDER HEIFERS
CLYDE      93.00-103.50   93.00-101.25  100.00-106.75
PONOKA     94.00-102.00   97.00-104.00  100.00-106.75
STRATHMOR    N/A-N/A      75.00-105.00     N/A-N/A


NOTE: * denotes price in US Dollars

PRELIM LIVE ANIMAL TRADE - WEEK ENDING Jul18/2008
CATTLE       FROM US     TO US     TO US     TO US
                SLTR      SLTR       FDR      HOGS
CANADA             0    11,622     3,863    33,391
EAST               0     3,134         0    14,130
WEST               0     8,488     3,863    19,261

BEEF WHOLESALE PRICES - $/CWT
WEEK ENDING     Jul25/08     Jul18/08     Jul27/07
CALGARY-STRS     155-162      156-163      151-152
CDA CUTOUT AAA       N/A          N/A       163.88
CDA CUTOUT AA/A      N/A          N/A       160.33

US BOXED BEEF CUTOUT - US $/CWT
WEEK END        Jul25/08     Jul18/08     Jul27/07
CHOICE 6-900      163.11       170.77       140.77
SELECT 6-900      156.74       162.83       134.82

HOG SLAUGHTER
WEEK END  Jul19/08(prel)  Jul12/08(prel)  Jul21/07
CANADA     412,409         408,625         407,295
EAST       259,182         255,508         250,293
WEST       153,227         153,117         157,002
ALBERTA     48,929          48,680          56,166
WEEK END  Jul26/08(est)   Jul19/08(est)   Jul28/07
US       2,126,000       2,140,000       1,975,100

HOG CASH PRICES - INDEX 100 - $/KG
WEEK END  Jul24/08        Jul17/08        Jul26/07
ALTA AVG     1.346           1.275           1.279
ONT AVG        N/A             N/A           1.332
INTERIOR IOWA MINNESOTA HOG CASH PRICES
WEEK END        Jul25/08     Jul18/08     Jul27/07
US $/CWT           80.50        78.37        72.32
CAN EQVT $/KG      2.109        2.031        1.974
US PORK CARCASS CUTOUT
US $/CWT           85.25        82.28        75.11
HOG FUTURES - US$/CWT       CAN/US$ CLOSE Jul25/2008
MTH   LEAN      CHG            MTH   FUTURES   CHG
AUG   78.60   +1.70            SEP   .9800 -0.0130
OCT   73.83   +1.17            DEC   .9793 -0.0131
DEC   75.20   +0.38            MAR   .9789 -0.0130
FEB   82.38   -0.15            JUN   .9787 -0.0128
APR   88.08   -1.70            SEP   .9785 -0.0127
MAY   92.22   -3.28            DEC   .9783 -0.0126
HOG INDICATORS
WEEK END            Jul19/08   Jul12/08   Jul21/07
  AV DRSD WT US-LBS    198.0      198.0      199.0
FD:HOG RATIO        Jul18/08Jul11/08Jul20/07
  US CORN               12.7       11.5       22.5
                    Jul18/08   Jul11/08   Jul20/07
  ALTA BARLEY            8.2        7.7       10.6

SHEEP AND LAMB PRICES - Most Recent Sale to Jul24/2008
             MARKET LAMBS - FEEDER LAMBS     SHEEP
             (95-115 LBS)   (61-80 LBS)   (ALL WTS.)
ONTARIO      148.22-186.00  119.52-217.50     N/A
TEXAS (US$)        N/A         98.50      40.75$/CWT
CENTRAL ALTA 120.96-134.88
(INNISFAIL)