Weekly Livestock Market Review - August 1, 2008

The next weekly will be published on Friday, August 8, 2008
This information is collected by the Statistics and Data Development Unit

CAN/US $ Aug01  97.53 Jul25  98.39 Aug03/07  94.98
BANK RATE % Jul29  3.25 Jul22  3.25 Jul31/07  4.75

CATTLE SLAUGHTER
WEEK END  Jul26/08(prel)  Jul19/08(prel)  Jul28/07
CANADA      63,567          62,923          63,232
EAST        13,454          13,394          15,608
WEST        50,113          49,529          47,624
ALBERTA     45,272          44,782          43,324
WEEK END  Aug02/08(est)   Jul26/08(est)   Aug04/07
US         662,000         668,000         668,400
CANADIAN CATTLE GRADES
WEEK END  Jul26/08        Jul19/08        Jul28/07
A           49,218          49,289          50,550
B            1,054             947           1,271
D            4,841           4,170           3,785
E              233             139             484
A GRADE MARBLING (%)
WEEK END  Jul26/08        Jul19/08        Jul28/07
A             4.0%            3.7%            4.2%
AA           50.8%           49.8%           57.6%
AAA          45.2%           46.5%           38.2%
CANADIAN CATTLE CLASSES
WEEK END  Jul26/08(prel)  Jul19/08(prel)  Jul28/07
STEERS      36,962          35,204          36,480
HEIFERS     13,982          15,627          15,654
COWS        12,341          11,810          10,406
BULLS          282             282             692
CALVES       4,926           5,042           5,238

CATTLE FUTURES - US $/CWT - CLOSE Aug01/2008
MTH   LIVE      CHG            MTH   FEEDER    CHG
AUG  100.03   +2.20            AUG  115.63   +3.88
OCT  107.80   +2.70            SEP  117.70   +5.78
DEC  110.13   +2.83            OCT  118.65   +5.38
FEB  111.15   +2.63            NOV  118.97   +4.75
APR  112.25   +1.92            JAN  117.90   +3.63
JUN  110.28   +1.63            MAR  118.00   +4.10
WEEK END        Aug01/08     Jul25/08     Aug03/07
US FSP - US$/CWT  111.19       111.34       114.30

CATTLE INDICATORS
BY PROD VAL     Jul25/08     Jul18/08     Jul27/07
  EAST-$/HEAD      80.24        80.24        88.94
  WEST-$/HEAD     112.00       112.00       102.50
  US-US$/CWT       12.06        12.12         9.80
CURRENTNESS     Jul26/08     Jul19/08     Jul28/07
  ALTA-A1%         64.6%        65.6%        69.3%
  CAN-A1%          63.7%        63.5%        67.9%
FD:STR RATIO    Jul25/08     Jul18/08     Jul27/07
  ALTA BARLEY       16.6         16.8         19.9
                Jul26/08     Jul19/08     Jul28/07
  US CORN           18.5         16.2         29.4

AVG CARCASS WT  Jul26/08     Jul19/08     Jul28/07
  ALTA STR-LBS     838.0        825.0        833.0
  CAN STR-LBS      839.0        827.0        831.0
  US CATTLE-LBS    777.0        775.0        778.0

LATEST CATTLE PRICES - $/CWT
WEEK END  Aug01/08        Jul25/08        Aug03/07
            ALBERTA RAILGRADE SALES
STR-LOW     152.00          156.50          143.50
STR-HIGH    155.00          156.85          144.85
HFR-LOW     152.00          156.83          143.50
HFR-HIGH    156.00          156.83          144.30
            ALBERTA DIRECT SALES
STR-RANGE  90.50-92.15    91.85-94.35    85.00-87.35
AVERAGE        N/A           93.80           86.48
VOLUME         N/A          13,010          13,020
HFR-RANGE  91.80-91.80    91.55-95.00    85.00-86.00
AVERAGE        N/A           93.20           85.41
VOLUME         N/A           4,382           5,206

OPEN MARKET - $/CWT
          Aug01/08        Jul25/08        Aug03/07
          STEERS - A1,2 AND CHOICE 2-4
ONTARIO      N/A-N/A      88.90-98.88    83.15-93.65
NEBRASKA*  94.00-94.00    94.00-95.00    90.00-93.00
          HEIFERS - A1,2 AND CHOICE 2-4
ONTARIO      N/A-N/A      88.35-98.83    79.00-92.70
NEBRASKA*    N/A-N/A      94.50-95.50    91.00-93.00
          COWS - D1,2
CLYDE      45.00-58.00    45.00-60.00    35.00-46.50
SIOUX F*     67.75           67.00           64.00

          800-900 LB FEEDER STEERS
CLYDE      95.00-106.75   95.00-104.75   95.00-107.25
PONOKA    100.00-105.00   97.00-108.50  102.00-109.00
STRATHMOR    N/A-N/A      72.00-108.00     N/A-N/A
ONTARIO      N/A-N/A      93.00-108.00   99.00-108.00
          700-800 LB FEEDER STEERS
CLYDE     100.00-107.50  100.00-106.50  100.00-108.50
PONOKA    100.00-105.00  108.00-111.00  105.00-110.00
STRATHMOR    N/A-N/A      80.00-108.00     N/A-N/A
C.NEBRAS*    N/A-N/A     114.50-121.00  116.00-121.00
          600-700 LB FEEDER STEERS
CLYDE     105.00-112.25  105.00-113.25  111.00-115.75
PONOKA     95.00-105.00  110.00-114.50  110.00-123.50
STRATHMOR    N/A-N/A        N/A-101.00     N/A-N/A
          500-600 LB FEEDER STEERS
CLYDE     105.00-112.50  105.00-115.50  110.00-115.00
PONOKA    100.00-109.00  108.00-115.00  115.00-124.00
STRATHMOR    N/A-N/A      80.00-90.00      N/A-N/A
ONTARIO      N/A-N/A      99.00-125.00  107.00-125.00
          700-800 LB FEEDER HEIFERS
CLYDE      90.00-98.75    90.00-98.75    90.00-104.00
PONOKA     94.00-102.75   94.00-98.00    98.00-103.50
STRATHMOR    N/A-N/A      87.00-90.00      N/A-N/A
          500-600 LB FEEDER HEIFERS
CLYDE      93.00-105.50   93.00-103.50  100.00-104.00
PONOKA     95.00-103.00   94.00-102.00  103.00-107.00
STRATHMOR    N/A-N/A        N/A-85.00      N/A-N/A


NOTE: * denotes price in US Dollars

PRELIM LIVE ANIMAL TRADE - WEEK ENDING Jul25/2008
CATTLE       FROM US     TO US     TO US     TO US
                SLTR      SLTR       FDR      HOGS
CANADA             0    10,659     1,291    37,202
EAST               0     3,200         0    15,637
WEST               0     7,459     1,291    21,565

BEEF WHOLESALE PRICES - $/CWT
WEEK ENDING     Aug01/08     Jul25/08     Aug03/07
CALGARY-STRS     153-159      155-162      150-151
CDA CUTOUT AAA       N/A          N/A       159.67
CDA CUTOUT AA/A      N/A          N/A       156.65

US BOXED BEEF CUTOUT - US $/CWT
WEEK END        Aug01/08     Jul25/08     Aug03/07
CHOICE 6-900      158.84       163.11       143.75
SELECT 6-900      151.93       156.74       137.76

HOG SLAUGHTER
WEEK END  Jul26/08(prel)  Jul19/08(prel)  Jul28/07
CANADA     411,449         412,409         405,769
EAST       261,142         259,182         251,478
WEST       150,307         153,227         154,291
ALBERTA     49,826          48,929          58,704
WEEK END  Aug02/08(est)   Jul26/08(est)   Aug04/07
US       2,091,000       2,126,000       1,973,400

HOG CASH PRICES - INDEX 100 - $/KG
WEEK END  Jul31/08        Jul24/08        Aug02/07
ALTA AVG     1.420           1.347           1.313
ONT AVG        N/A             N/A           1.382
INTERIOR IOWA MINNESOTA HOG CASH PRICES
WEEK END        Aug01/08     Jul25/08     Aug03/07
US $/CWT           81.34        80.50        72.70
CAN EQVT $/KG      2.150        2.109        1.973
US PORK CARCASS CUTOUT
US $/CWT           88.90        84.81        72.09
HOG FUTURES - US$/CWT       CAN/US$ CLOSE Aug01/2008
MTH   LEAN      CHG            MTH   FUTURES   CHG
AUG   81.58   +2.98            SEP   .9729 -0.0071
OCT   74.63   +0.80            DEC   .9724 -0.0069
DEC   75.85   +0.65            MAR   .9723 -0.0066
FEB   81.42   -0.95            JUN   .9724 -0.0063
APR   86.65   -1.42            SEP   .9725 -0.0060
MAY   91.60   -0.63            DEC   .9726 -0.0057
HOG INDICATORS
WEEK END            Jul26/08   Jul19/08   Jul28/07
  AV DRSD WT US-LBS    197.0      198.0      199.0
FD:HOG RATIO        Jul25/08Jul18/08Jul27/07
  US CORN               15.3       12.7       23.5
                    Jul25/08   Jul18/08   Jul27/07
  ALTA BARLEY            8.6        8.2       10.9

SHEEP AND LAMB PRICES - Most Recent Sale to Jul31/2008
             MARKET LAMBS - FEEDER LAMBS     SHEEP
             (95-115 LBS)   (61-80 LBS)   (ALL WTS.)
ONTARIO      142.69-200.00  150.01-260.00     N/A
TEXAS (US$)        N/A        101.00      39.25$/CWT
CENTRAL ALTA 118.08-133.44
(INNISFAIL)