Weekly Livestock Market Review - October 17, 2008

The next weekly will be published on Friday, October 24, 2008
This information is collected by the Statistics and Data Development Unit

CAN/US $ Oct17  84.58 Oct10  83.98 Oct19/07 103.76
BANK RATE % Oct14  2.75 Oct07  2.75 Oct16/07  4.75

CATTLE SLAUGHTER
WEEK END  Oct11/08(prel)  Oct04/08(prel)  Oct13/07
CANADA      59,977          62,673          53,458
EAST        15,232          14,713          11,821
WEST        44,745          47,960          41,637
ALBERTA     39,828          43,600          37,916
WEEK END  Oct18/08(est)   Oct11/08(est)   Oct20/07
US         628,000         655,000         676,900
CANADIAN CATTLE GRADES
WEEK END  Oct11/08        Oct04/08        Oct13/07
A           43,849          46,258          39,627
B              805           1,105           1,014
D            5,492           4,767           4,134
E              414             476             508
A GRADE MARBLING (%)
WEEK END  Oct11/08        Oct04/08        Oct13/07
A             2.7%            2.8%            3.3%
AA           46.8%           47.3%           50.1%
AAA          50.5%           49.9%           46.6%
CANADIAN CATTLE CLASSES
WEEK END  Oct11/08(prel)  Oct04/08(prel)  Oct13/07
STEERS      27,470          26,214          24,345
HEIFERS     18,046          22,008          16,703
COWS        13,873          13,813          11,548
BULLS          588             638             862
CALVES       4,910           4,497           4,139

CATTLE FUTURES - US $/CWT - CLOSE Oct17/2008
MTH   LIVE      CHG            MTH   FEEDER    CHG
OCT   91.05   +1.92            OCT   98.40   +2.95
DEC   92.55   +1.25            NOV   98.65   +3.60
FEB   93.25   +1.42            JAN   98.05   +3.00
APR   93.70   +1.25            MAR   99.60   +3.20
JUN   90.70   +0.80            APR  100.40   +3.30
AUG   91.00   +0.13            MAY  101.30   +3.80
WEEK END        Oct17/08     Oct10/08     Oct19/07
US FSP - US$/CWT   97.32       100.55       112.32

CATTLE INDICATORS
BY PROD VAL     Oct10/08     Oct03/08     Oct12/07
  EAST-$/HEAD      85.18        85.18        79.79
  WEST-$/HEAD     116.50       117.00       102.00
  US-US$/CWT       11.15        11.44         9.95
CURRENTNESS     Oct11/08     Oct04/08     Oct13/07
  ALTA-A1%         57.2%        55.2%        63.1%
  CAN-A1%          56.9%        53.9%        60.7%
FD:STR RATIO    Oct10/08     Oct03/08     Oct12/07
  ALTA BARLEY       21.8         21.6         17.5
                Oct11/08     Oct04/08     Oct13/07
  US CORN           21.4         22.0         30.2

AVG CARCASS WT  Oct11/08     Oct04/08     Oct13/07
  ALTA STR-LBS     860.0        859.0        861.0
  CAN STR-LBS      863.0        860.0        869.0
  US CATTLE-LBS    791.0        789.0        791.0

LATEST CATTLE PRICES - $/CWT
WEEK END  Oct17/08        Oct10/08        Oct19/07
            ALBERTA RAILGRADE SALES
STR-LOW     150.00          148.50          132.35
STR-HIGH    153.85          148.85          132.85
HFR-LOW     152.50          146.50          132.00
HFR-HIGH    153.85          149.50          132.00
            ALBERTA DIRECT SALES
STR-RANGE  90.55-91.51    87.25-90.50    76.75-79.00
AVERAGE        N/A           89.10           78.97
VOLUME         N/A           8,147          10,431
HFR-RANGE  88.75-91.00    87.75-91.20    78.25-79.75
AVERAGE        N/A           88.91           79.03
VOLUME         N/A           9,895           7,582

OPEN MARKET - $/CWT
          Oct17/08        Oct10/08        Oct19/07
          STEERS - A1,2 AND CHOICE 2-4
ONTARIO      N/A-N/A      83.74-91.41    72.50-79.05
NEBRASKA*  84.00-89.00    88.00-94.00    90.00-94.00
          HEIFERS - A1,2 AND CHOICE 2-4
ONTARIO      N/A-N/A      79.87-90.08    68.40-76.65
NEBRASKA*  83.00-88.00    89.00-94.00    92.00-94.00
          COWS - D1,2
CLYDE      40.00-46.00    40.00-45.00    30.00-36.00
SIOUX F*     57.00           54.00           55.50

          800-900 LB FEEDER STEERS
CLYDE      95.00-102.75   90.00-98.00    90.00-95.25
PONOKA     93.00-97.00    85.00-97.50    91.00-97.00
STRATHMOR  85.00-96.00    85.00-96.00    90.00-97.00
ONTARIO      N/A-N/A      96.00-105.00   91.00-98.00
          700-800 LB FEEDER STEERS
CLYDE      95.00-100.25   90.00-99.00    90.00-98.00
PONOKA     95.00-100.00   85.00-99.00    92.00-97.00
STRATHMOR  90.00-100.00   90.00-100.00   88.00-101.00
C.NEBRAS*    N/A-N/A      93.00-106.85  102.50-119.35
          600-700 LB FEEDER STEERS
CLYDE      95.00-102.50   93.00-100.00   93.00-102.00
PONOKA     98.00-105.00   90.00-101.00   96.00-100.00
STRATHMOR  90.00-106.00   90.00-104.00   93.00-105.00
          500-600 LB FEEDER STEERS
CLYDE      98.00-106.00   98.00-103.25  100.00-112.00
PONOKA    105.00-110.00   92.00-103.00   98.00-104.00
STRATHMOR  90.00-112.00   90.00-108.00   95.00-110.00
ONTARIO      N/A-N/A      92.00-122.00   87.00-111.00
          700-800 LB FEEDER HEIFERS
CLYDE      85.00-96.50    80.00-87.50    80.00-90.25
PONOKA     90.00-95.00    80.00-93.00    82.00-87.50
STRATHMOR  80.00-93.00    80.00-93.00    80.00-89.00
          500-600 LB FEEDER HEIFERS
CLYDE      83.00-90.00    83.00-88.75    80.00-92.50
PONOKA     88.00-92.00    81.00-92.00    84.00-89.50
STRATHMOR  75.00-104.00   75.00-100.00   85.00-97.00


NOTE: * denotes price in US Dollars

PRELIM LIVE ANIMAL TRADE - WEEK ENDING Oct10/2008
CATTLE       FROM US     TO US     TO US     TO US
                SLTR      SLTR       FDR      HOGS
CANADA             0    17,330    11,967    27,829
EAST               0     2,247       207    12,465
WEST               0    15,083    11,760    15,364

BEEF WHOLESALE PRICES - $/CWT
WEEK ENDING     Oct17/08     Oct10/08     Oct19/07
CALGARY-STRS     156-156      158-159      140-142
CDA CUTOUT AAA       N/A       168.83       146.72
CDA CUTOUT AA/A      N/A       161.97       141.66

US BOXED BEEF CUTOUT - US $/CWT
WEEK END        Oct17/08     Oct10/08     Oct19/07
CHOICE 6-900      147.45       152.27       145.05
SELECT 6-900      139.18       145.07       133.40

HOG SLAUGHTER
WEEK END  Oct11/08(prel)  Oct04/08(prel)  Oct13/07
CANADA     445,032         447,411         357,371
EAST       275,697         280,870         221,624
WEST       169,335         166,541         135,747
ALBERTA     55,044          51,710          51,038
WEEK END  Oct18/08(est)   Oct11/08(est)   Oct20/07
US       2,348,000       2,375,000       2,330,500

HOG CASH PRICES - INDEX 100 - $/KG
WEEK END  Oct16/08        Oct09/08        Oct18/07
ALTA AVG       N/A           1.308            .985
ONT AVG        N/A           1.418           1.016
INTERIOR IOWA MINNESOTA HOG CASH PRICES
WEEK END        Oct17/08     Oct10/08     Oct19/07
US $/CWT           60.13        64.77        55.85
CAN EQVT $/KG      1.833        1.988        1.388
US PORK CARCASS CUTOUT
US $/CWT           65.02        70.48        62.25
HOG FUTURES - US$/CWT       CAN/US$ CLOSE Oct17/2008
MTH   LEAN      CHG            MTH   FUTURES   CHG
DEC   56.30   -3.58            DEC   .8458 +0.0015
FEB   63.05   -1.92            MAR   .8473 +0.0006
APR   69.08   -1.17            JUN   .8481 +0.0005
MAY   76.20   -0.40            SEP   .8481 +0.0004
JUN   78.88   -0.28            DEC   .8481 +0.0003
JUL   77.10   -0.75            MAR   .8481 +0.0002
HOG INDICATORS
WEEK END            Oct11/08   Oct04/08   Oct13/07
  AV DRSD WT US-LBS    199.0      198.0      200.0
FD:HOG RATIO        Oct10/08Oct03/08Oct12/07
  US CORN               15.2       15.8       18.8
                    Oct10/08   Oct03/08   Oct12/07
  ALTA BARLEY           11.6       11.0        7.8

SHEEP AND LAMB PRICES - Most Recent Sale to Oct16/2008
             MARKET LAMBS - FEEDER LAMBS     SHEEP
             (95-115 LBS)   (61-80 LBS)   (ALL WTS.)
ONTARIO      140.08-500.00  123.49-205.00     N/A
TEXAS (US$)        N/A         97.50      27.50$/CWT
CENTRAL ALTA    N/A-    N/A
(INNISFAIL)