Weekly Livestock Market Review - September 19, 2008

The next weekly will be published on Friday, September 26, 2008
This information is collected by the Statistics and Data Development Unit

CAN/US $ Sep19  95.51 Sep12  94.26 Sep21/07  99.91
BANK RATE % Sep16  3.25 Sep09  3.25 Sep18/07  4.75

CATTLE SLAUGHTER
WEEK END  Sep13/08(prel)  Sep06/08(prel)  Sep15/07
CANADA      65,462          53,334          65,220
EAST        15,650          12,498          14,854
WEST        49,812          40,836          50,366
ALBERTA     45,106          36,903          46,191
WEEK END  Sep20/08(est)   Sep13/08(est)   Sep22/07
US         686,000         657,000         646,600
CANADIAN CATTLE GRADES
WEEK END  Sep13/08        Sep06/08        Sep15/07
A           48,612          39,785          47,470
B              788             745           1,376
D            6,059           4,960           4,716
E              194             125             787
A GRADE MARBLING (%)
WEEK END  Sep13/08        Sep06/08        Sep15/07
A             2.8%            3.9%            4.0%
AA           47.5%           47.9%           51.1%
AAA          49.7%           48.2%           44.9%
CANADIAN CATTLE CLASSES
WEEK END  Sep13/08(prel)  Sep06/08(prel)  Sep15/07
STEERS      32,785          28,035          30,604
HEIFERS     17,283          12,907          18,874
COWS        14,961          12,145          14,465
BULLS          433             247           1,272
CALVES       4,678           3,950           5,053

CATTLE FUTURES - US $/CWT - CLOSE Sep19/2008
MTH   LIVE      CHG            MTH   FEEDER    CHG
OCT  101.55   -0.60            SEP  108.25   -1.65
DEC  103.25   -0.53            OCT  105.85   -3.08
FEB  103.18   -2.38            NOV  105.30   -3.48
APR  102.72   -3.25            JAN  105.08   -3.00
JUN   99.80   -2.03            MAR  106.30   -1.90
AUG  102.08   -1.77            APR  106.50   -1.70
WEEK END        Sep19/08     Sep12/08     Sep21/07
US FSP - US$/CWT  109.28       110.98       116.34

CATTLE INDICATORS
BY PROD VAL     Sep12/08     Sep05/08     Sep14/07
  EAST-$/HEAD      85.42        83.58        83.94
  WEST-$/HEAD     114.50       113.50       103.00
  US-US$/CWT       11.78        11.76         9.89
CURRENTNESS     Sep13/08     Sep06/08     Sep15/07
  ALTA-A1%         62.0%        60.0%        61.3%
  CAN-A1%          59.1%        58.8%        60.3%
FD:STR RATIO    Sep12/08     Sep05/08     Sep14/07
  ALTA BARLEY       19.4         19.6         21.4
                Sep13/08     Sep06/08     Sep15/07
  US CORN           18.9         18.3         30.8

AVG CARCASS WT  Sep13/08     Sep06/08     Sep15/07
  ALTA STR-LBS     859.0        860.0        855.0
  CAN STR-LBS      859.0        860.0        861.0
  US CATTLE-LBS    784.0        783.0        787.0

LATEST CATTLE PRICES - $/CWT
WEEK END  Sep19/08        Sep12/08        Sep21/07
            ALBERTA RAILGRADE SALES
STR-LOW     155.50          153.00          133.25
STR-HIGH    156.50          155.85          138.30
HFR-LOW     155.50          153.00             N/A
HFR-HIGH    156.50          155.85             N/A
            ALBERTA DIRECT SALES
STR-RANGE  91.25-93.16    91.20-94.25    82.00-83.00
AVERAGE        N/A           93.14           82.51
VOLUME         N/A          16,766          15,396
HFR-RANGE  91.60-93.50    90.50-92.50    80.00-84.55
AVERAGE        N/A           92.31           82.47
VOLUME         N/A           5,938           5,762

OPEN MARKET - $/CWT
          Sep19/08        Sep12/08        Sep21/07
          STEERS - A1,2 AND CHOICE 2-4
ONTARIO      N/A-N/A      90.97-100.55   81.60-86.65
NEBRASKA*  94.00-98.00    95.00-98.50    91.00-94.00
          HEIFERS - A1,2 AND CHOICE 2-4
ONTARIO      N/A-N/A      91.36-98.95    77.05-86.50
NEBRASKA*  95.00-98.00    94.75-98.50    92.00-94.00
          COWS - D1,2
CLYDE      45.00-55.00    42.00-48.00    35.00-41.00
SIOUX F*     65.00           63.50           54.50

          800-900 LB FEEDER STEERS
CLYDE      95.00-103.00  100.00-106.00   98.00-104.25
PONOKA     99.00-103.00   98.00-101.50   92.00-100.00
STRATHMOR  95.00-106.00   95.00-106.00   90.00-102.00
ONTARIO      N/A-N/A      95.00-111.00   96.00-109.00
          700-800 LB FEEDER STEERS
CLYDE     100.00-110.50  100.00-113.25  100.00-109.25
PONOKA    102.00-106.50  100.00-106.25   94.00-102.00
STRATHMOR  95.00-106.00   95.00-106.00   95.00-104.00
C.NEBRAS*    N/A-N/A     109.50-126.00  114.00-126.00
          600-700 LB FEEDER STEERS
CLYDE     105.00-112.25  105.00-115.00  110.00-114.00
PONOKA    103.00-108.00  103.00-109.00   98.00-108.50
STRATHMOR  90.00-109.00   90.00-108.00  100.00-113.00
          500-600 LB FEEDER STEERS
CLYDE     105.00-112.25  110.00-120.00  110.00-120.00
PONOKA    103.00-108.00  103.00-109.00  105.00-112.00
STRATHMOR  90.00-115.00   90.00-115.00  104.00-118.00
ONTARIO      N/A-N/A      92.00-122.00  104.00-125.00
          700-800 LB FEEDER HEIFERS
CLYDE      90.00-96.50    93.00-98.25    93.00-100.25
PONOKA     89.00-95.00    90.00-95.00    85.00-92.00
STRATHMOR  85.00-96.00    90.00-98.00    85.00-97.00
          500-600 LB FEEDER HEIFERS
CLYDE      92.00-97.00   100.00-108.00   95.00-102.00
PONOKA     90.00-96.00    92.00-99.00    95.00-105.00
STRATHMOR  75.00-105.00   75.00-105.00   90.00-102.00


NOTE: * denotes price in US Dollars

PRELIM LIVE ANIMAL TRADE - WEEK ENDING Sep12/2008
CATTLE       FROM US     TO US     TO US     TO US
                SLTR      SLTR       FDR      HOGS
CANADA             0    20,275    19,077    42,699
EAST               0     5,441       136    18,000
WEST               0    14,834    18,941    24,699

BEEF WHOLESALE PRICES - $/CWT
WEEK ENDING     Sep19/08     Sep12/08     Sep21/07
CALGARY-STRS     160-160      161-161      148-149
CDA CUTOUT AAA       N/A          N/A       155.40
CDA CUTOUT AA/A      N/A          N/A       158.10

US BOXED BEEF CUTOUT - US $/CWT
WEEK END        Sep19/08     Sep12/08     Sep21/07
CHOICE 6-900      160.67       159.90       145.73
SELECT 6-900      153.84       153.17       137.25

HOG SLAUGHTER
WEEK END  Sep13/08(prel)  Sep06/08(prel)  Sep15/07
CANADA     417,592         349,915         427,703
EAST       268,225         217,624         265,719
WEST       149,367         132,291         161,984
ALBERTA     48,897          41,287          60,795
WEEK END  Sep20/08(est)   Sep13/08(est)   Sep22/07
US       2,335,000       2,301,000       2,243,500

HOG CASH PRICES - INDEX 100 - $/KG
WEEK END  Sep18/08        Sep11/08        Sep20/07
ALTA AVG       N/A           1.309           1.138
ONT AVG        N/A             N/A           1.181
INTERIOR IOWA MINNESOTA HOG CASH PRICES
WEEK END        Sep19/08     Sep12/08     Sep21/07
US $/CWT           68.83        68.68        63.20
CAN EQVT $/KG      1.858        1.878        1.631
US PORK CARCASS CUTOUT
US $/CWT           76.66        75.46        66.42
HOG FUTURES - US$/CWT       CAN/US$ CLOSE Sep19/2008
MTH   LEAN      CHG            MTH   FUTURES   CHG
OCT   68.20   +2.10            DEC   .9525 +0.0111
DEC   66.05   +0.75            MAR   .9521 +0.0116
FEB   71.13   -2.15            JUN   .9521 +0.0124
APR   76.10   -4.50            SEP   .9521 +0.0131
MAY   84.00   -1.38            DEC   .9521 +0.0138
JUN   86.20   -2.40            MAR   .9521     N/A
HOG INDICATORS
WEEK END            Sep13/08   Sep06/08   Sep15/07
  AV DRSD WT US-LBS    195.0      195.0      197.0
FD:HOG RATIO        Sep12/08Sep05/08Sep14/07
  US CORN               13.9       13.3       20.8
                    Sep12/08   Sep05/08   Sep14/07
  ALTA BARLEY            9.9       10.5       10.6

SHEEP AND LAMB PRICES - Most Recent Sale to Sep18/2008
             MARKET LAMBS - FEEDER LAMBS     SHEEP
             (95-115 LBS)   (61-80 LBS)   (ALL WTS.)
ONTARIO      141.50-156.00  140.07-375.00     N/A
TEXAS (US$)        N/A        100.00      34.00$/CWT
CENTRAL ALTA    N/A-    N/A
(INNISFAIL)