Weekly Livestock Market Review - August 22, 2008

The next weekly will be published on Friday, August 29, 2008
This information is collected by the Statistics and Data Development Unit

CAN/US $ Aug22  95.62 Aug15  94.26 Aug24/07  95.01
BANK RATE % Aug19  3.25 Aug12  3.25 Aug21/07  4.75

CATTLE SLAUGHTER
WEEK END  Aug16/08(prel)  Aug09/08(prel)  Aug18/07
CANADA      60,217          56,118          63,754
EAST        13,735          11,746          14,050
WEST        46,482          44,372          49,704
ALBERTA     41,504          40,398          45,432
WEEK END  Aug23/08(est)   Aug16/08(est)   Aug25/07
US         667,000         682,000         689,700
CANADIAN CATTLE GRADES
WEEK END  Aug16/08        Aug09/08        Aug18/07
A           44,973          43,462          49,347
B              909             667           1,335
D            5,613           4,270           4,210
E              157             117             671
A GRADE MARBLING (%)
WEEK END  Aug16/08        Aug09/08        Aug18/07
A             2.6%            2.4%            4.2%
AA           44.1%           48.6%           52.9%
AAA          53.3%           49.0%           42.9%
CANADIAN CATTLE CLASSES
WEEK END  Aug16/08(prel)  Aug09/08(prel)  Aug18/07
STEERS      28,632          31,236          34,900
HEIFERS     17,891          13,508          16,067
COWS        13,381          11,125          11,806
BULLS          313             249             981
CALVES       4,809           5,011           5,096

CATTLE FUTURES - US $/CWT - CLOSE Aug22/2008
MTH   LIVE      CHG            MTH   FEEDER    CHG
AUG  101.85   +0.17            AUG  112.85   -1.05
OCT  105.78   -0.07            SEP  112.95   -1.45
DEC  106.90   +0.53            OCT  112.50   -2.03
FEB  107.18   +0.27            NOV  112.30   -2.00
APR  108.45   +0.65            JAN  112.20   -1.95
JUN  105.93   +0.22            MAR  112.00   -1.55
WEEK END        Aug22/08     Aug15/08     Aug24/07
US FSP - US$/CWT  113.21       112.97       116.31

CATTLE INDICATORS
BY PROD VAL     Aug15/08     Aug08/08     Aug17/07
  EAST-$/HEAD      80.47        81.24        83.94
  WEST-$/HEAD     112.50       112.00       102.50
  US-US$/CWT       11.74        11.91         9.69
CURRENTNESS     Aug16/08     Aug09/08     Aug18/07
  ALTA-A1%         60.9%        62.2%        63.6%
  CAN-A1%          59.6%        61.1%        62.9%
FD:STR RATIO    Aug15/08     Aug08/08     Aug17/07
  ALTA BARLEY       19.2         17.9         23.3
                Aug16/08     Aug09/08     Aug18/07
  US CORN           18.9         20.0         29.3

AVG CARCASS WT  Aug16/08     Aug09/08     Aug18/07
  ALTA STR-LBS     851.0        847.0        845.0
  CAN STR-LBS      847.0        847.0        846.0
  US CATTLE-LBS    779.0        777.0        785.0

LATEST CATTLE PRICES - $/CWT
WEEK END  Aug22/08        Aug15/08        Aug24/07
            ALBERTA RAILGRADE SALES
STR-LOW     158.00          163.50          143.35
STR-HIGH    161.35          164.85          144.80
HFR-LOW     158.00          161.50          144.00
HFR-HIGH    160.85          164.85          144.80
            ALBERTA DIRECT SALES
STR-RANGE  93.00-97.15    95.35-99.20    84.25-87.35
AVERAGE        N/A           98.33           86.66
VOLUME         N/A          20,474          16,926
HFR-RANGE  93.80-96.00    95.15-98.25    85.00-86.55
AVERAGE        N/A           96.76           86.03
VOLUME         N/A           6,076           5,997

OPEN MARKET - $/CWT
          Aug22/08        Aug15/08        Aug24/07
          STEERS - A1,2 AND CHOICE 2-4
ONTARIO      N/A-N/A      94.04-104.26   83.85-92.95
NEBRASKA*  97.00-99.00    99.00-100.00   90.00-93.00
          HEIFERS - A1,2 AND CHOICE 2-4
ONTARIO      N/A-N/A      92.36-104.36   80.90-91.30
NEBRASKA*  97.75-99.00    99.00-100.00   91.00-93.00
          COWS - D1,2
CLYDE      47.00-54.00    49.00-59.00    37.00-53.00
SIOUX F*     68.00           68.50           65.00

          800-900 LB FEEDER STEERS
CLYDE     100.00-107.50  100.00-109.50  105.00-113.50
PONOKA    102.00-108.00  102.00-109.00  106.00-111.00
STRATHMOR  95.00-106.00   95.00-108.00  100.00-114.00
ONTARIO      N/A-N/A     101.00-115.00   98.00-112.00
          700-800 LB FEEDER STEERS
CLYDE     105.00-113.25  105.00-116.00  105.00-117.25
PONOKA    104.00-112.50  108.00-115.00  110.00-117.75
STRATHMOR  95.00-112.00   95.00-112.00  100.00-115.00
C.NEBRAS*    N/A-N/A     114.75-117.25  114.00-127.75
          600-700 LB FEEDER STEERS
CLYDE     109.00-120.00  105.00-118.75  115.00-124.50
PONOKA    106.00-114.00  110.00-117.00  114.00-119.50
STRATHMOR  90.00-114.00   90.00-114.00  105.00-119.00
          500-600 LB FEEDER STEERS
CLYDE     125.00-135.00  120.00-137.75  118.00-130.50
PONOKA    106.00-114.00  110.00-121.00  116.00-122.00
STRATHMOR  90.00-118.00   90.00-118.00  105.00-124.00
ONTARIO      N/A-N/A     104.00-130.00  107.00-132.00
          700-800 LB FEEDER HEIFERS
CLYDE      95.00-101.50   95.00-108.50   98.00-108.50
PONOKA     97.00-103.50   98.00-105.00  102.00-105.75
STRATHMOR  90.00-106.00   90.00-106.00   92.00-107.00
          500-600 LB FEEDER HEIFERS
CLYDE     100.00-108.00  100.00-107.75  105.00-115.00
PONOKA     97.00-104.00  100.00-110.00  100.00-110.00
STRATHMOR  75.00-105.00   75.00-105.00   90.00-107.00


NOTE: * denotes price in US Dollars

PRELIM LIVE ANIMAL TRADE - WEEK ENDING Aug15/2008
CATTLE       FROM US     TO US     TO US     TO US
                SLTR      SLTR       FDR      HOGS
CANADA             0    12,829     4,230    32,403
EAST               0     3,444         0    14,339
WEST               0     9,385     4,230    18,064

BEEF WHOLESALE PRICES - $/CWT
WEEK ENDING     Aug22/08     Aug15/08     Aug24/07
CALGARY-STRS     164-166      162-164      149-153
CDA CUTOUT AAA       N/A          N/A       160.86
CDA CUTOUT AA/A      N/A          N/A       157.68

US BOXED BEEF CUTOUT - US $/CWT
WEEK END        Aug22/08     Aug15/08     Aug24/07
CHOICE 6-900      162.80       164.26       143.35
SELECT 6-900      156.66       157.41       137.26

HOG SLAUGHTER
WEEK END  Aug16/08(prel)  Aug09/08(prel)  Aug18/07
CANADA     411,906         375,530         410,967
EAST       259,099         242,970         253,492
WEST       152,807         132,560         157,475
ALBERTA     50,260          41,118          59,184
WEEK END  Aug23/08(est)   Aug16/08(est)   Aug25/07
US       2,231,000       2,143,000       2,072,500

HOG CASH PRICES - INDEX 100 - $/KG
WEEK END  Aug21/08        Aug14/08        Aug23/07
ALTA AVG     1.564           1.559           1.254
ONT AVG        N/A             N/A           1.350
INTERIOR IOWA MINNESOTA HOG CASH PRICES
WEEK END        Aug22/08     Aug15/08     Aug24/07
US $/CWT           81.36        86.09        65.32
CAN EQVT $/KG      2.193        2.354        1.772
US PORK CARCASS CUTOUT
US $/CWT           88.86        93.75        72.49
HOG FUTURES - US$/CWT       CAN/US$ CLOSE Aug22/2008
MTH   LEAN      CHG            MTH   FUTURES   CHG
OCT   73.75   -1.80            SEP   .9540 +0.0106
DEC   74.10   -0.75            DEC   .9532 +0.0103
FEB   80.35   +0.05            MAR   .9531 +0.0098
APR   85.42   +0.77            JUN   .9532 +0.0092
MAY   89.97   -0.83            SEP   .9533 +0.0090
JUN   93.75   +1.15            DEC   .9534 +0.0088
HOG INDICATORS
WEEK END            Aug16/08   Aug09/08   Aug18/07
  AV DRSD WT US-LBS    196.0      196.0      198.0
FD:HOG RATIO        Aug15/08Aug08/08Aug17/07
  US CORN               16.2       17.9       22.0
                    Aug15/08   Aug08/08   Aug17/07
  ALTA BARLEY           11.1        9.7       12.9

SHEEP AND LAMB PRICES - Most Recent Sale to Aug21/2008
             MARKET LAMBS - FEEDER LAMBS     SHEEP
             (95-115 LBS)   (61-80 LBS)   (ALL WTS.)
ONTARIO      149.07-166.00  147.73-225.00     N/A
TEXAS (US$)        N/A           N/A      39.50$/CWT
CENTRAL ALTA 113.28-135.36
(INNISFAIL)