Weekly Livestock Market Review - September 26, 2008

The next weekly will be published on Friday, October 3, 2008
This information is collected by the Statistics and Data Development Unit

CAN/US $ Sep26  96.63 Sep19  95.51 Sep28/07 100.37
BANK RATE % Sep23  3.25 Sep16  3.25 Sep25/07  4.75

CATTLE SLAUGHTER
WEEK END  Sep20/08(prel)  Sep13/08(prel)  Sep22/07
CANADA      65,444          65,462          62,464
EAST        16,027          15,650          14,749
WEST        49,417          49,812          47,715
ALBERTA     44,713          45,106          43,517
WEEK END  Sep27/08(est)   Sep20/08(est)   Sep29/07
US         647,000         686,000         656,200
CANADIAN CATTLE GRADES
WEEK END  Sep20/08        Sep13/08        Sep22/07
A           49,174          48,612          47,231
B            1,161             788           1,221
D            5,745           6,059           4,351
E              175             194             800
A GRADE MARBLING (%)
WEEK END  Sep20/08        Sep13/08        Sep22/07
A             3.2%            2.8%            3.2%
AA           49.5%           47.5%           50.5%
AAA          47.3%           49.7%           46.4%
CANADIAN CATTLE CLASSES
WEEK END  Sep20/08(prel)  Sep13/08(prel)  Sep22/07
STEERS      30,338          32,785          31,817
HEIFERS     20,560          17,283          17,174
COWS        14,234          14,961          12,283
BULLS          312             433           1,190
CALVES       4,518           4,678           5,290

CATTLE FUTURES - US $/CWT - CLOSE Sep26/2008
MTH   LIVE      CHG            MTH   FEEDER    CHG
OCT  100.95   -0.60            OCT  105.80   -0.05
DEC  102.80   -0.45            NOV  105.58   +0.28
FEB  103.08   -0.10            JAN  105.80   +0.72
APR  103.28   +0.55            MAR  105.80   -0.50
JUN  100.00   +0.20            APR  106.25   -0.25
AUG  101.38   -0.70            MAY  106.95   -0.55
WEEK END        Sep26/08     Sep19/08     Sep28/07
US FSP - US$/CWT  107.74       109.28       116.04

CATTLE INDICATORS
BY PROD VAL     Sep19/08     Sep12/08     Sep21/07
  EAST-$/HEAD      85.42        85.42        83.94
  WEST-$/HEAD     115.50       114.50       102.50
  US-US$/CWT       11.68        11.78         9.93
CURRENTNESS     Sep20/08     Sep13/08     Sep22/07
  ALTA-A1%         59.4%        62.0%        61.3%
  CAN-A1%          58.2%        59.1%        59.5%
FD:STR RATIO    Sep19/08     Sep12/08     Sep21/07
  ALTA BARLEY       20.4         19.4         20.8
                Sep20/08     Sep13/08     Sep22/07
  US CORN           18.7         18.9         28.0

AVG CARCASS WT  Sep20/08     Sep13/08     Sep22/07
  ALTA STR-LBS     855.0        859.0        858.0
  CAN STR-LBS      857.0        859.0        864.0
  US CATTLE-LBS    785.0        784.0        788.0

LATEST CATTLE PRICES - $/CWT
WEEK END  Sep26/08        Sep19/08        Sep28/07
            ALBERTA RAILGRADE SALES
STR-LOW     152.00          155.50          137.00
STR-HIGH    155.83          156.50          138.80
HFR-LOW     154.00          155.50          137.00
HFR-HIGH    155.83          156.50          138.80
            ALBERTA DIRECT SALES
STR-RANGE  90.25-93.35    91.25-93.16    80.00-82.25
AVERAGE        N/A           93.16           81.97
VOLUME         N/A          12,965          10,063
HFR-RANGE  90.65-92.50    91.60-93.50    81.70-83.25
AVERAGE        N/A           92.99           82.44
VOLUME         N/A           6,251           9,786

OPEN MARKET - $/CWT
          Sep26/08        Sep19/08        Sep28/07
          STEERS - A1,2 AND CHOICE 2-4
ONTARIO      N/A-N/A      91.55-101.45   80.10-86.35
NEBRASKA*  95.00-98.50    94.00-98.00    93.00-95.50
          HEIFERS - A1,2 AND CHOICE 2-4
ONTARIO      N/A-N/A      88.67-100.17   78.00-86.90
NEBRASKA*  97.00-98.50    95.00-98.00    93.00-96.00
          COWS - D1,2
CLYDE      45.00-55.00    45.00-55.00    35.00-43.00
SIOUX F*     60.50           65.00           56.50

          800-900 LB FEEDER STEERS
CLYDE      90.00-101.00   95.00-103.00   90.00-99.00
PONOKA     93.00-98.50    99.00-103.00   95.00-100.50
STRATHMOR  85.00-102.00   95.00-106.00   90.00-97.00
ONTARIO      N/A-N/A      91.00-108.00   99.00-108.00
          700-800 LB FEEDER STEERS
CLYDE      95.00-106.75  100.00-110.50   95.00-102.75
PONOKA     99.00-105.00  102.00-106.50   96.00-102.00
STRATHMOR  90.00-104.00   95.00-106.00   88.00-96.00
C.NEBRAS*    N/A-N/A     106.50-120.00  112.00-126.85
          600-700 LB FEEDER STEERS
CLYDE      95.00-106.75  105.00-112.25   97.00-107.25
PONOKA    103.00-108.50  103.00-108.00   94.00-101.00
STRATHMOR  90.00-107.00   90.00-109.00   90.00-102.00
          500-600 LB FEEDER STEERS
CLYDE     100.00-108.00  105.00-112.25  100.00-110.00
PONOKA    103.00-108.50  103.00-108.00   94.00-105.00
STRATHMOR  90.00-111.00   90.00-115.00   90.00-108.00
ONTARIO      N/A-N/A      96.00-125.00   93.00-119.00
          700-800 LB FEEDER HEIFERS
CLYDE      85.00-94.00    90.00-96.50    88.00-92.50
PONOKA     88.00-91.00    89.00-95.00    85.00-94.00
STRATHMOR  80.00-93.00    85.00-96.00    80.00-88.00
          500-600 LB FEEDER HEIFERS
CLYDE      85.00-93.00    92.00-97.00    90.00-94.50
PONOKA     88.00-94.00    90.00-96.00    86.00-95.00
STRATHMOR  75.00-100.00   75.00-105.00   85.00-95.00


NOTE: * denotes price in US Dollars

PRELIM LIVE ANIMAL TRADE - WEEK ENDING Sep19/2008
CATTLE       FROM US     TO US     TO US     TO US
                SLTR      SLTR       FDR      HOGS
CANADA             0    15,596     9,260    37,341
EAST               0     3,601       124    15,854
WEST               0    11,995     9,136    21,487

BEEF WHOLESALE PRICES - $/CWT
WEEK ENDING     Sep26/08     Sep19/08     Sep28/07
CALGARY-STRS     160-160      160-160      147-148
CDA CUTOUT AAA       N/A       172.70       156.65
CDA CUTOUT AA/A      N/A       166.41       151.72

US BOXED BEEF CUTOUT - US $/CWT
WEEK END        Sep26/08     Sep19/08     Sep28/07
CHOICE 6-900         N/A       160.67       146.68
SELECT 6-900         N/A       153.84       137.47

HOG SLAUGHTER
WEEK END  Sep20/08(prel)  Sep13/08(prel)  Sep22/07
CANADA     428,835         417,838         432,614
EAST       277,689         268,458         268,686
WEST       151,146         149,380         163,928
ALBERTA     50,012          48,897          59,984
WEEK END  Sep27/08(est)   Sep20/08(est)   Sep29/07
US       2,363,000       2,335,000       2,219,900

HOG CASH PRICES - INDEX 100 - $/KG
WEEK END  Sep25/08        Sep18/08        Sep27/07
ALTA AVG     1.260           1.275           1.080
ONT AVG        N/A           1.408           1.147
INTERIOR IOWA MINNESOTA HOG CASH PRICES
WEEK END        Sep26/08     Sep19/08     Sep28/07
US $/CWT           72.07        68.83        57.93
CAN EQVT $/KG      1.923        1.858        1.488
US PORK CARCASS CUTOUT
US $/CWT           74.23        76.53        62.36
HOG FUTURES - US$/CWT       CAN/US$ CLOSE Sep26/2008
MTH   LEAN      CHG            MTH   FUTURES   CHG
OCT   69.63   +1.42            DEC   .9699 +0.0174
DEC   66.05   +0.00            MAR   .9697 +0.0176
FEB   71.85   +0.72            JUN   .9694 +0.0173
APR   77.20   +1.10            SEP   .9690 +0.0169
MAY   83.88   -0.13            DEC   .9687 +0.0166
JUN   87.30   +1.10            MAR   .9683 +0.0162
HOG INDICATORS
WEEK END            Sep20/08   Sep13/08   Sep22/07
  AV DRSD WT US-LBS    196.0      195.0      198.0
FD:HOG RATIO        Sep19/08Sep12/08Sep21/07
  US CORN                N/A       13.9       19.6
                    Sep19/08   Sep12/08   Sep21/07
  ALTA BARLEY           10.1       10.0       10.4

SHEEP AND LAMB PRICES - Most Recent Sale to Sep25/2008
             MARKET LAMBS - FEEDER LAMBS     SHEEP
             (95-115 LBS)   (61-80 LBS)   (ALL WTS.)
ONTARIO      134.15-142.76   97.75-178.60     N/A
TEXAS (US$)        N/A        100.00      29.50$/CWT
CENTRAL ALTA 106.56-126.24
(INNISFAIL)