Weekly Livestock Market Review - September 5, 2008

The next weekly will be published on Friday, September 12, 2008
This information is collected by the Statistics and Data Development Unit

CAN/US $ Sep05  93.98 Aug29  94.11 Sep07/07  94.82
BANK RATE % Sep02  3.25 Aug26  3.25 Sep04/07  4.75

CATTLE SLAUGHTER
WEEK END  Aug30/08(prel)  Aug23/08(prel)  Sep01/07
CANADA      62,936          65,432          62,120
EAST        14,263          14,354          13,518
WEST        48,673          51,078          48,602
ALBERTA     43,719          46,059          44,443
WEEK END  Sep06/08(est)   Aug30/08(est)   Sep08/07
US         590,000         680,000         605,900
CANADIAN CATTLE GRADES
WEEK END  Aug30/08        Aug23/08        Sep01/07
A           47,614          50,204          46,880
B            1,067             868           1,437
D            5,646           5,783           3,667
E              115             132             655
A GRADE MARBLING (%)
WEEK END  Aug30/08        Aug23/08        Sep01/07
A             3.6%            3.5%            4.7%
AA           47.0%           48.2%           54.2%
AAA          49.4%           48.3%           41.1%
CANADIAN CATTLE CLASSES
WEEK END  Aug30/08(prel)  Aug23/08(prel)  Sep01/07
STEERS      32,742          38,081          31,855
HEIFERS     16,355          13,595          16,981
COWS        13,571          13,453          12,133
BULLS          268             303           1,151
CALVES       4,830           4,873           5,144

CATTLE FUTURES - US $/CWT - CLOSE Sep05/2008
MTH   LIVE      CHG            MTH   FEEDER    CHG
OCT  102.95   -1.10            SEP  111.13   -0.03
DEC  104.95   -1.45            OCT  110.68   -0.28
FEB  105.80   -0.92            NOV  110.22   -0.05
APR  106.13   -1.10            JAN  110.28   +0.78
JUN  102.53   -1.82            MAR  110.47   +0.47
AUG  104.97   -1.48            APR  110.05   +0.05
WEEK END        Sep05/08     Aug29/08     Sep07/07
US FSP - US$/CWT  111.98       112.33       118.64

CATTLE INDICATORS
BY PROD VAL     Aug29/08     Aug22/08     Aug31/07
  EAST-$/HEAD      80.83        80.47        83.94
  WEST-$/HEAD     113.50       113.50       103.00
  US-US$/CWT       11.82        11.73         9.77
CURRENTNESS     Aug30/08     Aug23/08     Sep01/07
  ALTA-A1%         57.5%        59.5%        63.4%
  CAN-A1%          56.9%        57.4%        62.7%
FD:STR RATIO    Aug29/08     Aug22/08     Aug31/07
  ALTA BARLEY       19.0         19.7         22.3
                Aug30/08     Aug23/08     Sep01/07
  US CORN           17.9         17.7         30.4

AVG CARCASS WT  Aug30/08     Aug23/08     Sep01/07
  ALTA STR-LBS     848.0        853.0        843.0
  CAN STR-LBS      848.0        851.0        847.0
  US CATTLE-LBS    782.0        780.0        787.0

LATEST CATTLE PRICES - $/CWT
WEEK END  Sep05/08        Aug29/08        Sep07/07
            ALBERTA RAILGRADE SALES
STR-LOW     157.00          158.50          144.50
STR-HIGH    157.85          158.85          146.30
HFR-LOW     157.83          158.83          144.85
HFR-HIGH    157.85          158.85          146.30
            ALBERTA DIRECT SALES
STR-RANGE  91.86-96.00    91.25-95.35    86.25-89.00
AVERAGE        N/A           94.95           87.68
VOLUME         N/A          13,392          16,016
HFR-RANGE  93.15-96.25    91.00-94.23    86.75-87.15
AVERAGE        N/A           94.23           86.77
VOLUME         N/A           5,593           6,215

OPEN MARKET - $/CWT
          Sep05/08        Aug29/08        Sep07/07
          STEERS - A1,2 AND CHOICE 2-4
ONTARIO      N/A-N/A      92.87-99.97    87.90-93.85
NEBRASKA*  96.00-97.25    97.00-99.50    92.00-94.50
          HEIFERS - A1,2 AND CHOICE 2-4
ONTARIO      N/A-N/A      85.92-97.03    77.25-93.10
NEBRASKA*  97.50-98.00    99.00-99.50    94.00-94.50
          COWS - D1,2
CLYDE      42.00-48.00    42.00-52.00    36.00-43.00
SIOUX F*     66.50           67.00           59.50

          800-900 LB FEEDER STEERS
CLYDE     100.00-107.50  100.00-105.50  105.00-113.00
PONOKA    101.00-104.50  102.00-105.00  105.00-109.50
STRATHMOR  95.00-106.00   95.00-106.00  100.00-111.00
ONTARIO      N/A-N/A      99.00-114.00   96.00-110.00
          700-800 LB FEEDER STEERS
CLYDE     100.00-110.50  100.00-110.25  105.00-117.25
PONOKA    102.00-108.00  103.00-107.50  105.00-112.50
STRATHMOR  95.00-108.00   95.00-108.00  100.00-115.00
C.NEBRAS*    N/A-N/A     111.50-120.00  112.75-127.75
          600-700 LB FEEDER STEERS
CLYDE     109.00-117.00  109.00-120.00  115.00-121.00
PONOKA    104.00-109.00  105.00-109.50  112.00-119.00
STRATHMOR  90.00-110.00   90.00-114.00  105.00-118.00
          500-600 LB FEEDER STEERS
CLYDE     115.00-130.00  125.00-139.00  118.00-128.00
PONOKA    108.00-112.00  104.00-112.50  116.00-123.00
STRATHMOR  90.00-118.00   90.00-118.00  110.00-122.00
ONTARIO      N/A-N/A     113.00-139.00  104.00-128.00
          700-800 LB FEEDER HEIFERS
CLYDE      93.00-102.00   94.00-103.00   98.00-108.75
PONOKA     95.00-99.00    90.00-98.50    99.00-105.50
STRATHMOR  90.00-103.00   90.00-103.00   92.00-107.00
          500-600 LB FEEDER HEIFERS
CLYDE     100.00-107.25  100.00-112.25  105.00-120.00
PONOKA     97.00-100.00   98.00-103.00  100.00-107.00
STRATHMOR  75.00-105.00   75.00-105.00   95.00-111.00


NOTE: * denotes price in US Dollars

PRELIM LIVE ANIMAL TRADE - WEEK ENDING Aug29/2008
CATTLE       FROM US     TO US     TO US     TO US
                SLTR      SLTR       FDR      HOGS
CANADA             0    17,781    14,119    39,746
EAST               0     3,935         0    16,813
WEST               0    13,846    14,119    22,933

BEEF WHOLESALE PRICES - $/CWT
WEEK ENDING     Sep05/08     Aug29/08     Sep07/07
CALGARY-STRS     161-161      163-165      150-151
CDA CUTOUT AAA       N/A          N/A       165.37
CDA CUTOUT AA/A      N/A          N/A       160.67

US BOXED BEEF CUTOUT - US $/CWT
WEEK END        Sep05/08     Aug29/08     Sep07/07
CHOICE 6-900      159.05       161.23       148.47
SELECT 6-900      152.02       154.29       141.97

HOG SLAUGHTER
WEEK END  Aug30/08(prel)  Aug23/08(prel)  Sep01/07
CANADA         N/A         410,425         413,180
EAST           N/A         261,890         253,465
WEST           N/A         148,535         159,715
ALBERTA        N/A          46,713          59,735
WEEK END  Sep06/08(est)   Aug30/08(est)   Sep08/07
US       2,055,000       2,218,000       1,931,900

HOG CASH PRICES - INDEX 100 - $/KG
WEEK END  Sep04/08        Aug28/08        Sep06/07
ALTA AVG       N/A           1.440           1.150
ONT AVG        N/A             N/A           1.234
INTERIOR IOWA MINNESOTA HOG CASH PRICES
WEEK END        Sep05/08     Aug29/08     Sep07/07
US $/CWT           73.04        68.85        63.09
CAN EQVT $/KG      2.004        1.886        1.715
US PORK CARCASS CUTOUT
US $/CWT           77.27        82.80        68.17
HOG FUTURES - US$/CWT       CAN/US$ CLOSE Sep05/2008
MTH   LEAN      CHG            MTH   FUTURES   CHG
OCT   69.42   +1.00            SEP   .9395 -0.0002
DEC   68.17   -1.38            DEC   .9384 -0.0005
FEB   76.13   +0.17            MAR   .9382 -0.0009
APR   81.92   +0.75            JUN   .9382 -0.0014
MAY   86.97   +0.97            SEP   .9379 -0.0017
JUN   89.97   -0.03            DEC   .9376 -0.0020
HOG INDICATORS
WEEK END            Aug30/08   Aug23/08   Sep01/07
  AV DRSD WT US-LBS    195.0      195.0      197.0
FD:HOG RATIO        Aug29/08Aug22/08Aug31/07
  US CORN               12.8       15.4       20.3
                    Aug29/08   Aug22/08   Aug31/07
  ALTA BARLEY           10.4       11.6       11.0

SHEEP AND LAMB PRICES - Most Recent Sale to Sep04/2008
             MARKET LAMBS - FEEDER LAMBS     SHEEP
             (95-115 LBS)   (61-80 LBS)   (ALL WTS.)
ONTARIO      156.10-181.00  161.03-240.00     N/A
TEXAS (US$)        N/A        100.00      40.50$/CWT
CENTRAL ALTA 111.36-136.80
(INNISFAIL)