Weekly Livestock Market Review - August 29, 2008

The next weekly will be published on Friday, September 5, 2008
This information is collected by the Statistics and Data Development Unit

CAN/US $ Aug29  94.11 Aug22  95.62 Aug31/07  94.66
BANK RATE % Aug26  3.25 Aug19  3.25 Aug28/07  4.75

CATTLE SLAUGHTER
WEEK END  Aug23/08(prel)  Aug16/08(prel)  Aug25/07
CANADA      65,440          60,217          64,318
EAST        14,354          13,735          14,108
WEST        51,086          46,482          50,210
ALBERTA     46,059          41,504          45,848
WEEK END  Aug30/08(est)   Aug23/08(est)   Sep01/07
US             N/A         667,000         705,200
CANADIAN CATTLE GRADES
WEEK END  Aug23/08        Aug16/08        Aug25/07
A           50,156          44,973          48,921
B              868             909           1,483
D            5,783           5,613           4,270
E              132             157             759
A GRADE MARBLING (%)
WEEK END  Aug23/08        Aug16/08        Aug25/07
A             3.5%            2.6%            4.4%
AA           48.2%           44.1%           53.5%
AAA          48.3%           53.3%           42.1%
CANADIAN CATTLE CLASSES
WEEK END  Aug23/08(prel)  Aug16/08(prel)  Aug25/07
STEERS      38,081          28,632          33,009
HEIFERS     13,595          17,891          17,928
COWS        13,461          13,381          12,139
BULLS          303             313           1,242
CALVES       4,873           4,809           5,131

CATTLE FUTURES - US $/CWT - CLOSE Aug29/2008
MTH   LIVE      CHG            MTH   FEEDER    CHG
AUG  101.78   -0.07            SEP  111.15   -1.80
OCT  104.05   -1.73            OCT  110.95   -1.55
DEC  106.40   -0.50            NOV  110.28   -2.02
FEB  106.72   -0.45            JAN  109.50   -2.70
APR  107.22   -1.23            MAR  110.00   -2.00
JUN  104.35   -1.58            APR  110.00   -2.10
WEEK END        Aug29/08     Aug22/08     Aug31/07
US FSP - US$/CWT  112.33       113.21       117.48

CATTLE INDICATORS
BY PROD VAL     Aug22/08     Aug15/08     Aug24/07
  EAST-$/HEAD      80.47        80.47        83.94
  WEST-$/HEAD     113.50       112.50       102.50
  US-US$/CWT       11.73        11.74         9.71
CURRENTNESS     Aug23/08     Aug16/08     Aug25/07
  ALTA-A1%         59.5%        60.9%        64.8%
  CAN-A1%          57.4%        59.6%        63.4%
FD:STR RATIO    Aug22/08     Aug15/08     Aug24/07
  ALTA BARLEY       19.7         19.2         23.7
                Aug23/08     Aug16/08     Aug25/07
  US CORN           17.7         18.9         27.8

AVG CARCASS WT  Aug23/08     Aug16/08     Aug25/07
  ALTA STR-LBS     853.0        851.0        844.0
  CAN STR-LBS      851.0        847.0        847.0
  US CATTLE-LBS    780.0        779.0        785.0

LATEST CATTLE PRICES - $/CWT
WEEK END  Aug29/08        Aug22/08        Aug31/07
            ALBERTA RAILGRADE SALES
STR-LOW        N/A          158.00          145.50
STR-HIGH       N/A          161.35          146.30
HFR-LOW        N/A          158.00          145.50
HFR-HIGH       N/A          160.85          146.30
            ALBERTA DIRECT SALES
STR-RANGE    N/A-N/A      93.00-97.15    85.75-88.00
AVERAGE        N/A           96.38           87.48
VOLUME         N/A          16,238          19,187
HFR-RANGE    N/A-N/A      93.80-96.00    86.50-88.25
AVERAGE        N/A           95.56           87.37
VOLUME         N/A           4,979           4,318

OPEN MARKET - $/CWT
          Aug29/08        Aug22/08        Aug31/07
          STEERS - A1,2 AND CHOICE 2-4
ONTARIO      N/A-N/A      92.98-102.11   85.60-93.35
NEBRASKA*    N/A-N/A      97.00-99.50    92.50-94.00
          HEIFERS - A1,2 AND CHOICE 2-4
ONTARIO      N/A-N/A      88.45-100.91   79.80-92.50
NEBRASKA*  99.00-99.00    96.00-99.50    93.00-94.00
          COWS - D1,2
CLYDE      42.00-52.00    47.00-54.00    36.00-46.00
SIOUX F*     67.00           68.00           59.00

          800-900 LB FEEDER STEERS
CLYDE     100.00-105.50  100.00-107.50  105.00-113.00
PONOKA    102.00-105.00  102.00-108.00   98.00-110.00
STRATHMOR  95.00-106.00   95.00-106.00   84.00-105.75
ONTARIO      N/A-N/A      99.00-113.00   99.00-109.00
          700-800 LB FEEDER STEERS
CLYDE     100.00-110.25  105.00-113.25  105.00-117.50
PONOKA    103.00-107.50  104.00-112.50  100.00-117.50
STRATHMOR  95.00-108.00   95.00-112.00     N/A-112.00
C.NEBRAS*    N/A-N/A     110.25-134.00  117.00-130.50
          600-700 LB FEEDER STEERS
CLYDE     109.00-120.00  109.00-120.00  115.00-121.00
PONOKA    105.00-109.50  106.00-114.00  114.00-118.50
STRATHMOR  90.00-114.00   90.00-114.00     N/A-116.00
          500-600 LB FEEDER STEERS
CLYDE     125.00-139.00  125.00-135.00  118.00-128.00
PONOKA    104.00-112.50  106.00-114.00  114.00-120.00
STRATHMOR  90.00-118.00   90.00-118.00   90.00-125.00
ONTARIO      N/A-N/A     106.00-134.00  103.00-128.00
          700-800 LB FEEDER HEIFERS
CLYDE      94.00-103.00   95.00-101.50   98.00-110.00
PONOKA     90.00-98.50    97.00-103.50  100.00-104.00
STRATHMOR  90.00-103.00   90.00-106.00   77.00-104.50
          500-600 LB FEEDER HEIFERS
CLYDE     100.00-112.25  100.00-108.00  105.00-108.50
PONOKA     98.00-103.00   97.00-104.00  100.00-110.00
STRATHMOR  75.00-105.00   75.00-105.00   80.00-113.50


NOTE: * denotes price in US Dollars

PRELIM LIVE ANIMAL TRADE - WEEK ENDING Aug22/2008
CATTLE       FROM US     TO US     TO US     TO US
                SLTR      SLTR       FDR      HOGS
CANADA             0    13,460     9,045    35,214
EAST               0     3,894         0    14,451
WEST               0     9,566     9,045    20,763

BEEF WHOLESALE PRICES - $/CWT
WEEK ENDING     Aug29/08     Aug22/08     Aug31/07
CALGARY-STRS     163-165      164-166      148-150
CDA CUTOUT AAA       N/A          N/A       160.71
CDA CUTOUT AA/A      N/A          N/A       157.69

US BOXED BEEF CUTOUT - US $/CWT
WEEK END        Aug29/08     Aug22/08     Aug31/07
CHOICE 6-900         N/A       162.80       146.53
SELECT 6-900         N/A       156.66       139.75

HOG SLAUGHTER
WEEK END  Aug23/08(prel)  Aug16/08(prel)  Aug25/07
CANADA     410,425         411,906         412,415
EAST       261,890         259,099         253,039
WEST       148,535         152,807         159,376
ALBERTA     46,713          50,260          60,049
WEEK END  Aug30/08(est)   Aug23/08(est)   Sep01/07
US             N/A       2,231,000       2,099,800

HOG CASH PRICES - INDEX 100 - $/KG
WEEK END  Aug28/08        Aug21/08        Aug30/07
ALTA AVG     1.440           1.560           1.191
ONT AVG        N/A             N/A           1.296
INTERIOR IOWA MINNESOTA HOG CASH PRICES
WEEK END        Aug29/08     Aug22/08     Aug31/07
US $/CWT           68.85        81.36        62.62
CAN EQVT $/KG      1.886        2.193        1.705
US PORK CARCASS CUTOUT
US $/CWT             N/A        91.15        69.57
HOG FUTURES - US$/CWT       CAN/US$ CLOSE Aug29/2008
MTH   LEAN      CHG            MTH   FUTURES   CHG
OCT   68.42   -5.33            SEP   .9397 -0.0143
DEC   69.55   -4.55            DEC   .9389 -0.0143
FEB   75.95   -4.40            MAR   .9391 -0.0140
APR   81.17   -4.25            JUN   .9396 -0.0136
MAY   86.00   -3.97            SEP   .9396 -0.0137
JUN   90.00   -3.75            DEC   .9396 -0.0138
HOG INDICATORS
WEEK END            Aug23/08   Aug16/08   Aug25/07
  AV DRSD WT US-LBS    195.0      196.0      198.0
FD:HOG RATIO        Aug22/08Aug15/08Aug24/07
  US CORN               15.4       16.2       20.2
                    Aug22/08   Aug15/08   Aug24/07
  ALTA BARLEY           11.6       11.1       12.4

SHEEP AND LAMB PRICES - Most Recent Sale to Aug28/2008
             MARKET LAMBS - FEEDER LAMBS     SHEEP
             (95-115 LBS)   (61-80 LBS)   (ALL WTS.)
ONTARIO      142.00-171.00  118.29-250.00     N/A
TEXAS (US$)        N/A           N/A        N/A
CENTRAL ALTA 107.52-120.96
(INNISFAIL)