Weekly Livestock Market Review - August 15, 2008

The next weekly will be published on Friday, August 22, 2008
This information is collected by the Statistics and Data Development Unit

CAN/US $ Aug15  94.26 Aug08  93.65 Aug17/07  94.03
BANK RATE % Aug12  3.25 Aug05  3.25 Aug14/07  4.75

CATTLE SLAUGHTER
WEEK END  Aug09/08(prel)  Aug02/08(prel)  Aug11/07
CANADA      56,118          61,641          53,542
EAST        11,746          13,578          11,223
WEST        44,372          48,063          42,319
ALBERTA     40,398          43,098          38,984
WEEK END  Aug16/08(est)   Aug09/08(est)   Aug18/07
US         682,000         668,000         664,300
CANADIAN CATTLE GRADES
WEEK END  Aug09/08        Aug02/08        Aug11/07
A           43,462          46,823          40,723
B              667           1,131           1,107
D            4,270           4,668           3,674
E              117             206             452
A GRADE MARBLING (%)
WEEK END  Aug09/08        Aug02/08        Aug11/07
A             2.4%            3.2%            4.0%
AA           48.6%           51.8%           53.2%
AAA          49.0%           45.0%           42.9%
CANADIAN CATTLE CLASSES
WEEK END  Aug09/08(prel)  Aug02/08(prel)  Aug11/07
STEERS      31,236          34,449          29,017
HEIFERS     13,508          13,788          13,152
COWS        11,125          13,068          10,626
BULLS          249             336             747
CALVES       5,011           4,670           5,057

CATTLE FUTURES - US $/CWT - CLOSE Aug15/2008
MTH   LIVE      CHG            MTH   FEEDER    CHG
AUG  101.68   +0.20            AUG  113.90   -0.72
OCT  105.85   -0.60            SEP  114.40   -2.15
DEC  106.38   +0.33            OCT  114.53   -0.88
FEB  106.90   +0.28            NOV  114.30   -1.35
APR  107.80   +1.05            JAN  114.15   -1.17
JUN  105.70   +1.60            MAR  113.55   -1.45
WEEK END        Aug15/08     Aug08/08     Aug17/07
US FSP - US$/CWT  112.97       111.62       116.39

CATTLE INDICATORS
BY PROD VAL     Aug08/08     Aug01/08     Aug10/07
  EAST-$/HEAD      81.24        80.24        83.94
  WEST-$/HEAD     112.00       112.00       102.50
  US-US$/CWT       11.91        11.89         9.76
CURRENTNESS     Aug09/08     Aug02/08     Aug11/07
  ALTA-A1%         62.2%        67.0%        63.7%
  CAN-A1%          61.1%        64.3%        62.8%
FD:STR RATIO    Aug08/08     Aug01/08     Aug10/07
  ALTA BARLEY       17.9         17.3         22.4
                Aug09/08     Aug02/08     Aug11/07
  US CORN           20.0         17.2         28.3

AVG CARCASS WT  Aug09/08     Aug02/08     Aug11/07
  ALTA STR-LBS     847.0        839.0        845.0
  CAN STR-LBS      847.0        839.0        843.0
  US CATTLE-LBS    777.0        778.0        782.0

LATEST CATTLE PRICES - $/CWT
WEEK END  Aug15/08        Aug08/08        Aug17/07
            ALBERTA RAILGRADE SALES
STR-LOW     163.50          158.00          140.85
STR-HIGH    164.85          161.00          145.00
HFR-LOW     161.50          155.00          141.50
HFR-HIGH    164.85          161.00          145.00
            ALBERTA DIRECT SALES
STR-RANGE  95.35-99.20    93.00-97.50    83.75-86.60
AVERAGE        N/A           96.39           86.15
VOLUME         N/A          12,689          20,362
HFR-RANGE  95.15-98.25    92.50-96.85    83.25-86.60
AVERAGE        N/A           95.95           85.55
VOLUME         N/A           2,832           5,956

OPEN MARKET - $/CWT
          Aug15/08        Aug08/08        Aug17/07
          STEERS - A1,2 AND CHOICE 2-4
ONTARIO      N/A-N/A      87.99-98.56    85.05-93.80
NEBRASKA*    N/A-N/A      98.00-100.00   89.00-90.00
          HEIFERS - A1,2 AND CHOICE 2-4
ONTARIO      N/A-N/A      82.68-96.88    77.30-91.40
NEBRASKA*    N/A-N/A      99.00-100.50   90.00-90.50
          COWS - D1,2
CLYDE      49.00-59.00    49.00-59.00    39.00-49.00
SIOUX F*     68.50           68.50           62.50

          800-900 LB FEEDER STEERS
CLYDE     100.00-109.50   95.00-105.75  105.00-113.75
PONOKA    102.00-109.00  101.00-109.00  100.00-106.50
STRATHMOR  95.00-108.00   95.00-106.00     N/A-N/A
ONTARIO      N/A-N/A      99.00-112.00  101.00-111.00
          700-800 LB FEEDER STEERS
CLYDE     105.00-116.00  100.00-110.50  105.00-118.00
PONOKA    108.00-115.00  101.00-109.00  102.00-108.00
STRATHMOR  95.00-112.00   95.00-112.00     N/A-N/A
C.NEBRAS*    N/A-N/A     107.50-129.50  117.00-133.00
          600-700 LB FEEDER STEERS
CLYDE     105.00-118.75  105.00-115.00  115.00-123.50
PONOKA    110.00-117.00  101.00-109.00  105.00-116.00
STRATHMOR  90.00-114.00   90.00-114.00     N/A-N/A
          500-600 LB FEEDER STEERS
CLYDE     120.00-137.75  110.00-121.00  118.00-131.25
PONOKA    110.00-121.00  110.00-116.50  114.00-121.00
STRATHMOR  90.00-118.00   90.00-118.00     N/A-N/A
ONTARIO      N/A-N/A      92.00-126.00  103.00-131.00
          700-800 LB FEEDER HEIFERS
CLYDE      95.00-108.50   93.00-100.50   98.00-105.50
PONOKA     98.00-105.00   94.00-100.00   96.00-105.75
STRATHMOR  90.00-106.00   70.00-106.00     N/A-N/A
          500-600 LB FEEDER HEIFERS
CLYDE     100.00-107.75   93.00-107.50  100.00-110.25
PONOKA    100.00-110.00  100.00-107.00  100.00-110.00
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 Aug08/2008
CATTLE       FROM US     TO US     TO US     TO US
                SLTR      SLTR       FDR      HOGS
CANADA             0    11,485     2,602    36,834
EAST               0     3,670         0    14,483
WEST               0     7,815     2,602    22,351

BEEF WHOLESALE PRICES - $/CWT
WEEK ENDING     Aug15/08     Aug08/08     Aug17/07
CALGARY-STRS     162-164      162-167      149-152
CDA CUTOUT AAA       N/A          N/A       163.18
CDA CUTOUT AA/A      N/A          N/A       158.92

US BOXED BEEF CUTOUT - US $/CWT
WEEK END        Aug15/08     Aug08/08     Aug17/07
CHOICE 6-900      164.26       160.94       144.39
SELECT 6-900      157.41       154.39       138.65

HOG SLAUGHTER
WEEK END  Aug09/08(prel)  Aug02/08(prel)  Aug11/07
CANADA     375,530         392,131         369,405
EAST       242,970         240,890         238,830
WEST       132,560         151,241         130,575
ALBERTA     41,118          49,983          47,670
WEEK END  Aug16/08(est)   Aug09/08(est)   Aug18/07
US       2,143,000       2,128,000       1,986,800

HOG CASH PRICES - INDEX 100 - $/KG
WEEK END  Aug14/08        Aug07/08        Aug16/07
ALTA AVG     1.551           1.450           1.312
ONT AVG        N/A             N/A           1.395
INTERIOR IOWA MINNESOTA HOG CASH PRICES
WEEK END        Aug15/08     Aug08/08     Aug17/07
US $/CWT           86.09        88.77        67.58
CAN EQVT $/KG      2.354        2.444        1.853
US PORK CARCASS CUTOUT
US $/CWT           94.41        90.56        72.37
HOG FUTURES - US$/CWT       CAN/US$ CLOSE Aug15/2008
MTH   LEAN      CHG            MTH   FUTURES   CHG
OCT   75.55   -2.35            SEP   .9434 +0.0077
DEC   74.85   -1.63            DEC   .9429 +0.0074
FEB   80.30   -1.25            MAR   .9433 +0.0074
APR   84.65   +0.30            JUN   .9440 +0.0078
MAY   90.80   +1.60            SEP   .9443 +0.0073
JUN   92.60   +0.25            DEC   .9446 +0.0068
HOG INDICATORS
WEEK END            Aug09/08   Aug02/08   Aug11/07
  AV DRSD WT US-LBS    196.0      197.0      198.0
FD:HOG RATIO        Aug08/08Aug01/08Aug10/07
  US CORN               17.9       14.5       22.8
                    Aug08/08   Aug01/08   Aug10/07
  ALTA BARLEY            9.7        9.7       12.6

SHEEP AND LAMB PRICES - Most Recent Sale to Aug14/2008
             MARKET LAMBS - FEEDER LAMBS     SHEEP
             (95-115 LBS)   (61-80 LBS)   (ALL WTS.)
ONTARIO      138.76-166.00  131.29-223.00     N/A
TEXAS (US$)        N/A        100.00      38.00$/CWT
CENTRAL ALTA 104.16-121.92
(INNISFAIL)