Weekly Livestock Market Review - September 12, 2008

The next weekly will be published on Friday, September 19, 2008
This information is collected by the Statistics and Data Development Unit

CAN/US $ Sep12  94.26 Sep05  93.98 Sep14/07  97.15
BANK RATE % Sep09  3.25 Sep02  3.25 Sep11/07  4.75

CATTLE SLAUGHTER
WEEK END  Sep06/08(prel)  Aug30/08(prel)  Sep08/07
CANADA      53,318          62,936          53,783
EAST        12,498          14,263          12,054
WEST        40,820          48,673          41,729
ALBERTA     36,887          43,719          38,538
WEEK END  Sep13/08(est)   Sep06/08(est)   Sep15/07
US         657,000         593,000         645,000
CANADIAN CATTLE GRADES
WEEK END  Sep06/08        Aug30/08        Sep08/07
A           39,769          47,614          39,854
B              745           1,067           1,184
D            4,960           5,646           3,541
E              125             115             550
A GRADE MARBLING (%)
WEEK END  Sep06/08        Aug30/08        Sep08/07
A             3.9%            3.6%            3.5%
AA           47.9%           47.0%           50.5%
AAA          48.2%           49.4%           46.0%
CANADIAN CATTLE CLASSES
WEEK END  Sep06/08(prel)  Aug30/08(prel)  Sep08/07
STEERS      28,019          32,742          26,648
HEIFERS     12,907          16,355          14,909
COWS        12,145          13,571          11,269
BULLS          247             268             957
CALVES       3,950           4,830           4,557

CATTLE FUTURES - US $/CWT - CLOSE Sep12/2008
MTH   LIVE      CHG            MTH   FEEDER    CHG
OCT  102.15   -0.80            SEP  109.90   -1.22
DEC  103.78   -1.17            OCT  108.93   -1.75
FEB  105.55   -0.25            NOV  108.78   -1.45
APR  105.97   -0.15            JAN  108.08   -2.20
JUN  101.83   -0.70            MAR  108.20   -2.27
AUG  103.85   -1.13            APR  108.20   -1.85
WEEK END        Sep12/08     Sep05/08     Sep14/07
US FSP - US$/CWT  110.98       111.98       117.72

CATTLE INDICATORS
BY PROD VAL     Sep05/08     Aug29/08     Sep07/07
  EAST-$/HEAD      83.58        80.83        83.94
  WEST-$/HEAD     113.50       113.50       103.00
  US-US$/CWT       11.76        11.82         9.82
CURRENTNESS     Sep06/08     Aug30/08     Sep08/07
  ALTA-A1%         60.0%        57.5%        60.8%
  CAN-A1%          58.8%        56.9%        59.6%
FD:STR RATIO    Sep05/08     Aug29/08     Sep07/07
  ALTA BARLEY       19.6         19.0         22.4
                Sep06/08     Aug30/08     Sep08/07
  US CORN           18.3         17.9         31.4

AVG CARCASS WT  Sep06/08     Aug30/08     Sep08/07
  ALTA STR-LBS     860.0        848.0        848.0
  CAN STR-LBS      860.0        848.0        854.0
  US CATTLE-LBS    783.0        782.0        787.0

LATEST CATTLE PRICES - $/CWT
WEEK END  Sep12/08        Sep05/08        Sep14/07
            ALBERTA RAILGRADE SALES
STR-LOW     153.00          157.00          141.50
STR-HIGH    155.85          157.85          146.00
HFR-LOW     153.00          157.83             N/A
HFR-HIGH    155.85          157.85             N/A
            ALBERTA DIRECT SALES
STR-RANGE  91.20-94.25    91.86-96.00    83.00-85.35
AVERAGE        N/A           94.54           84.32
VOLUME         N/A          15,316          12,311
HFR-RANGE  90.50-92.50    93.15-96.25    82.60-85.65
AVERAGE        N/A           94.08           84.75
VOLUME         N/A           5,120           6,063

OPEN MARKET - $/CWT
          Sep12/08        Sep05/08        Sep14/07
          STEERS - A1,2 AND CHOICE 2-4
ONTARIO      N/A-N/A      89.38-99.86    84.55-90.35
NEBRASKA*  95.00-98.00    96.00-99.25    91.00-92.50
          HEIFERS - A1,2 AND CHOICE 2-4
ONTARIO      N/A-N/A      90.30-99.20    80.80-89.15
NEBRASKA*  94.75-98.00    95.00-99.50    91.00-93.00
          COWS - D1,2
CLYDE      42.00-48.00    42.00-48.00    36.00-43.00
SIOUX F*     63.50           66.50           58.00

          800-900 LB FEEDER STEERS
CLYDE     100.00-106.00  100.00-107.50  105.00-111.00
PONOKA     98.00-101.50  101.00-104.50  100.00-106.00
STRATHMOR  95.00-106.00   95.00-106.00  100.00-106.00
ONTARIO      N/A-N/A     104.00-113.00   96.00-112.00
          700-800 LB FEEDER STEERS
CLYDE     100.00-113.25  100.00-110.50  105.00-117.75
PONOKA    100.00-106.25  102.00-108.00  106.00-112.00
STRATHMOR  95.00-106.00   95.00-108.00  100.00-112.00
C.NEBRAS*    N/A-N/A     109.00-120.00  113.00-127.00
          600-700 LB FEEDER STEERS
CLYDE     105.00-115.00  109.00-117.00  115.00-123.00
PONOKA    103.00-109.00  104.00-109.00  110.00-118.00
STRATHMOR  90.00-108.00   90.00-110.00  105.00-114.00
          500-600 LB FEEDER STEERS
CLYDE     110.00-120.00  115.00-130.00  118.00-124.00
PONOKA    103.00-109.00  108.00-112.00  110.00-120.00
STRATHMOR  90.00-115.00   90.00-118.00  110.00-122.00
ONTARIO      N/A-N/A      96.00-121.00  100.00-127.00
          700-800 LB FEEDER HEIFERS
CLYDE      93.00-98.25    93.00-102.00   98.00-108.25
PONOKA     90.00-95.00    95.00-99.00    99.00-102.00
STRATHMOR  90.00-98.00    90.00-103.00   92.00-104.00
          500-600 LB FEEDER HEIFERS
CLYDE     100.00-108.00  100.00-107.25  105.00-112.50
PONOKA     92.00-99.00    97.00-100.00  100.00-108.00
STRATHMOR  75.00-105.00   75.00-105.00   95.00-108.00


NOTE: * denotes price in US Dollars

PRELIM LIVE ANIMAL TRADE - WEEK ENDING Sep05/2008
CATTLE       FROM US     TO US     TO US     TO US
                SLTR      SLTR       FDR      HOGS
CANADA             0    17,180    15,914    37,725
EAST               0     4,785         0    15,951
WEST               0    12,395    15,914    21,774

BEEF WHOLESALE PRICES - $/CWT
WEEK ENDING     Sep12/08     Sep05/08     Sep14/07
CALGARY-STRS     161-161      161-161      151-153
CDA CUTOUT AAA       N/A          N/A       162.28
CDA CUTOUT AA/A      N/A          N/A       159.97

US BOXED BEEF CUTOUT - US $/CWT
WEEK END        Sep12/08     Sep05/08     Sep14/07
CHOICE 6-900         N/A       159.05       147.07
SELECT 6-900         N/A       152.02       139.87

HOG SLAUGHTER
WEEK END  Sep06/08(prel)  Aug30/08(prel)  Sep08/07
CANADA     349,915         408,688         341,753
EAST       217,624         259,095         209,609
WEST       132,291         149,593         132,144
ALBERTA     41,287          49,397          48,684
WEEK END  Sep13/08(est)   Sep06/08(est)   Sep15/07
US       2,306,000       2,048,000       2,228,100

HOG CASH PRICES - INDEX 100 - $/KG
WEEK END  Sep11/08        Sep04/08        Sep13/07
ALTA AVG     1.309           1.405           1.152
ONT AVG        N/A             N/A           1.203
INTERIOR IOWA MINNESOTA HOG CASH PRICES
WEEK END        Sep12/08     Sep05/08     Sep14/07
US $/CWT           68.68        73.04        64.31
CAN EQVT $/KG      1.878        2.004        1.706
US PORK CARCASS CUTOUT
US $/CWT           75.74        77.76        67.61
HOG FUTURES - US$/CWT       CAN/US$ CLOSE Sep12/2008
MTH   LEAN      CHG            MTH   FUTURES   CHG
OCT   66.10   -3.33            SEP   .9429 +0.0034
DEC   65.30   -2.88            DEC   .9414 +0.0030
FEB   73.28   -2.85            MAR   .9405 +0.0023
APR   80.60   -1.33            JUN   .9397 +0.0015
MAY   85.38   -1.60            SEP   .9390 +0.0011
JUN   88.60   -1.38            DEC   .9383 +0.0007
HOG INDICATORS
WEEK END            Sep06/08   Aug30/08   Sep08/07
  AV DRSD WT US-LBS    195.0      195.0      197.0
FD:HOG RATIO        Sep05/08Aug29/08Sep07/07
  US CORN               13.3       12.8       20.6
                    Sep05/08   Aug29/08   Sep07/07
  ALTA BARLEY           10.5       10.5       10.7

SHEEP AND LAMB PRICES - Most Recent Sale to Sep11/2008
             MARKET LAMBS - FEEDER LAMBS     SHEEP
             (95-115 LBS)   (61-80 LBS)   (ALL WTS.)
ONTARIO      148.41-172.50  154.67-225.00     N/A
TEXAS (US$)        N/A           N/A      38.00$/CWT
CENTRAL ALTA 116.16-125.28
(INNISFAIL)