Weekly Livestock Market Review - October 10, 2008

The next weekly will be published on Friday, October 17, 2008
This information is collected by the Statistics and Data Development Unit

CAN/US $ Oct10  83.98 Oct03  92.49 Oct12/07 102.68
BANK RATE % Oct07  2.75 Sep30  3.25 Oct09/07  4.75

CATTLE SLAUGHTER
WEEK END  Oct04/08(prel)  Sep27/08(prel)  Oct06/07
CANADA      62,673          68,448          59,926
EAST        14,713          14,062          14,893
WEST        47,960          54,386          45,033
ALBERTA     43,600          49,664          40,593
WEEK END  Oct11/08(est)   Oct04/08(est)   Oct13/07
US         650,000         630,000         638,700
CANADIAN CATTLE GRADES
WEEK END  Oct04/08        Sep27/08        Oct06/07
A           46,258          52,551          44,331
B            1,105           1,256           1,401
D            4,767           4,972           4,958
E              476             213             615
A GRADE MARBLING (%)
WEEK END  Oct04/08        Sep27/08        Oct06/07
A             2.8%            3.3%            4.0%
AA           47.3%           49.0%           51.2%
AAA          49.9%           47.6%           44.8%
CANADIAN CATTLE CLASSES
WEEK END  Oct04/08(prel)  Sep27/08(prel)  Oct06/07
STEERS      26,214          33,047          24,864
HEIFERS     22,008          21,548          21,255
COWS        13,813          13,457          12,774
BULLS          638             396           1,044
CALVES       4,497           4,793           4,844

CATTLE FUTURES - US $/CWT - CLOSE Oct10/2008
MTH   LIVE      CHG            MTH   FEEDER    CHG
OCT   89.13   -6.47            OCT   95.45   -5.22
DEC   91.30   -6.48            NOV   95.05   -5.75
FEB   91.83   -5.88            JAN   95.05   -5.35
APR   92.45   -5.92            MAR   96.40   -5.15
JUN   89.90   -6.30            APR   97.10   -5.00
AUG   90.88   -6.17            MAY   97.50   -5.60
WEEK END        Oct10/08     Oct03/08     Oct12/07
US FSP - US$/CWT  100.55       104.94       113.51

CATTLE INDICATORS
BY PROD VAL     Oct03/08     Sep26/08     Oct05/07
  EAST-$/HEAD      85.18        85.42        81.19
  WEST-$/HEAD     117.00       115.50       102.50
  US-US$/CWT       11.44        11.64        10.04
CURRENTNESS     Oct04/08     Sep27/08     Oct06/07
  ALTA-A1%         55.2%        58.7%        58.2%
  CAN-A1%          53.9%        58.6%        58.2%
FD:STR RATIO    Oct03/08     Sep26/08     Oct05/07
  ALTA BARLEY       21.6         20.6         18.0
                Oct04/08     Sep27/08     Oct06/07
  US CORN           22.0         15.6         32.1

AVG CARCASS WT  Oct04/08     Sep27/08     Oct06/07
  ALTA STR-LBS     859.0        865.0        865.0
  CAN STR-LBS      860.0        864.0        867.0
  US CATTLE-LBS    789.0        786.0        790.0

LATEST CATTLE PRICES - $/CWT
WEEK END  Oct10/08        Oct03/08        Oct12/07
            ALBERTA RAILGRADE SALES
STR-LOW     148.50          151.50          132.50
STR-HIGH    148.85          153.85          133.30
HFR-LOW     146.50          153.85          132.00
HFR-HIGH    149.50          153.85          133.00
            ALBERTA DIRECT SALES
STR-RANGE  87.25-90.50    87.00-91.76    78.90-80.20
AVERAGE        N/A           91.76           79.82
VOLUME         N/A          11,036           7,888
HFR-RANGE  87.75-91.20    88.00-91.06    78.50-79.60
AVERAGE        N/A           91.06           79.43
VOLUME         N/A           6,366           5,516

OPEN MARKET - $/CWT
          Oct10/08        Oct03/08        Oct12/07
          STEERS - A1,2 AND CHOICE 2-4
ONTARIO      N/A-N/A      85.28-95.68    73.40-80.10
NEBRASKA*    N/A-N/A      93.00-98.00    89.50-92.00
          HEIFERS - A1,2 AND CHOICE 2-4
ONTARIO      N/A-N/A      77.26-95.01    70.60-80.95
NEBRASKA*    N/A-N/A      93.00-98.00    89.00-92.50
          COWS - D1,2
CLYDE      40.00-45.00    40.00-50.00    30.00-36.00
SIOUX F*     54.00           60.00           58.50

          800-900 LB FEEDER STEERS
CLYDE      90.00-98.00    90.00-97.25    90.00-103.50
PONOKA     85.00-97.50    90.00-97.00    85.00-93.00
STRATHMOR  85.00-96.00    85.00-96.00    90.00-98.00
ONTARIO      N/A-N/A      95.00-107.00   96.00-103.00
          700-800 LB FEEDER STEERS
CLYDE      90.00-99.00    95.00-100.25   90.00-104.25
PONOKA     85.00-99.00    98.00-102.50   90.00-104.00
STRATHMOR  90.00-100.00   90.00-100.00   88.00-100.00
C.NEBRAS*    N/A-N/A     102.85-114.00  107.50-120.50
          600-700 LB FEEDER STEERS
CLYDE      93.00-100.00   95.00-104.00   93.00-105.25
PONOKA     90.00-101.00   98.00-104.00   94.00-100.00
STRATHMOR  90.00-104.00   90.00-104.00   90.00-105.00
          500-600 LB FEEDER STEERS
CLYDE      98.00-103.25  100.00-108.00  100.00-113.75
PONOKA     92.00-103.00  100.00-106.00   98.00-106.00
STRATHMOR  90.00-108.00   90.00-108.00   90.00-109.00
ONTARIO      N/A-N/A      91.00-116.00   84.00-118.00
          700-800 LB FEEDER HEIFERS
CLYDE      80.00-87.50    85.00-91.00    80.00-86.50
PONOKA     80.00-93.00    90.00-94.00    80.00-91.50
STRATHMOR  80.00-93.00    80.00-93.00    80.00-88.00
          500-600 LB FEEDER HEIFERS
CLYDE      83.00-88.75    85.00-93.50    80.00-90.75
PONOKA     81.00-92.00    85.00-94.00    83.50-91.00
STRATHMOR  75.00-100.00   75.00-100.00   85.00-100.00


NOTE: * denotes price in US Dollars

PRELIM LIVE ANIMAL TRADE - WEEK ENDING Oct03/2008
CATTLE       FROM US     TO US     TO US     TO US
                SLTR      SLTR       FDR      HOGS
CANADA             0    16,156    11,878    37,048
EAST               0     4,197         0    13,327
WEST               0    11,959    11,878    23,721

BEEF WHOLESALE PRICES - $/CWT
WEEK ENDING     Oct10/08     Oct03/08     Oct12/07
CALGARY-STRS     158-159      160-160      145-146
CDA CUTOUT AAA       N/A       168.03       148.86
CDA CUTOUT AA/A      N/A       164.33       142.47

US BOXED BEEF CUTOUT - US $/CWT
WEEK END        Oct10/08     Oct03/08     Oct12/07
CHOICE 6-900      152.27       154.40       145.08
SELECT 6-900      145.07       147.90       134.99

HOG SLAUGHTER
WEEK END  Oct04/08(prel)  Sep27/08(prel)  Oct06/07
CANADA     447,411         425,795         430,939
EAST       280,870         268,016         264,927
WEST       166,541         157,779         166,012
ALBERTA     51,710          48,706          61,934
WEEK END  Oct11/08(est)   Oct04/08(est)   Oct13/07
US       2,375,000       2,323,000       2,339,900

HOG CASH PRICES - INDEX 100 - $/KG
WEEK END  Oct09/08        Oct02/08        Oct11/07
ALTA AVG     1.308           1.286            .980
ONT AVG        N/A             N/A           1.034
INTERIOR IOWA MINNESOTA HOG CASH PRICES
WEEK END        Oct10/08     Oct03/08     Oct12/07
US $/CWT           64.77        67.69        57.08
CAN EQVT $/KG      1.988        1.887        1.433
US PORK CARCASS CUTOUT
US $/CWT           68.58        73.44        60.90
HOG FUTURES - US$/CWT       CAN/US$ CLOSE Oct10/2008
MTH   LEAN      CHG            MTH   FUTURES   CHG
OCT   66.00   -0.42            DEC   .8443 -0.0825
DEC   59.88   -1.00            MAR   .8467 -0.0804
FEB   64.97   -3.00            JUN   .8476 -0.0796
APR   70.25   -4.28            SEP   .8477 -0.0786
MAY   76.60   -5.10            DEC   .8478 -0.0779
JUN   79.15   -5.70            MAR   .8479 -0.0772
HOG INDICATORS
WEEK END            Oct04/08   Sep27/08   Oct06/07
  AV DRSD WT US-LBS    198.0      197.0      199.0
FD:HOG RATIO        Oct03/08Sep26/08Oct05/07
  US CORN               15.8       13.6       14.1
                    Oct03/08   Sep26/08   Oct05/07
  ALTA BARLEY           11.0       10.2        8.3

SHEEP AND LAMB PRICES - Most Recent Sale to Oct09/2008
             MARKET LAMBS - FEEDER LAMBS     SHEEP
             (95-115 LBS)   (61-80 LBS)   (ALL WTS.)
ONTARIO      132.21-147.87  138.81-193.06     N/A
TEXAS (US$)        N/A         93.50      28.00$/CWT
CENTRAL ALTA    N/A-    N/A
(INNISFAIL)