Weekly Livestock Market Review - October 24, 2008

The next weekly will be published on Friday, October 31, 2008
This information is collected by the Statistics and Data Development Unit

CAN/US $ Oct24  78.54 Oct17  84.58 Oct26/07 103.96
BANK RATE % Oct21  2.50 Oct14  2.75 Oct23/07  4.75

CATTLE SLAUGHTER
WEEK END  Oct18/08(prel)  Oct11/08(prel)  Oct20/07
CANADA      57,985          59,977          64,888
EAST        13,947          15,232          15,815
WEST        44,038          44,745          49,073
ALBERTA     40,265          39,828          44,452
WEEK END  Oct25/08(est)   Oct18/08(est)   Oct27/07
US         647,000         632,000         672,800
CANADIAN CATTLE GRADES
WEEK END  Oct18/08        Oct11/08        Oct20/07
A           42,425          43,849          48,511
B              703             805           1,147
D            4,439           5,492           4,980
E              361             414             513
A GRADE MARBLING (%)
WEEK END  Oct18/08        Oct11/08        Oct20/07
A             2.4%            2.7%            2.9%
AA           44.7%           46.8%           48.7%
AAA          52.9%           50.5%           48.4%
CANADIAN CATTLE CLASSES
WEEK END  Oct18/08(prel)  Oct11/08(prel)  Oct20/07
STEERS      24,173          27,470          29,319
HEIFERS     19,629          18,046          21,237
COWS        13,694          13,873          13,380
BULLS          489             588             952
CALVES       4,186           4,910           5,114

CATTLE FUTURES - US $/CWT - CLOSE Oct24/2008
MTH   LIVE      CHG            MTH   FEEDER    CHG
OCT   87.85   -3.20            OCT   96.15   -2.25
DEC   87.55   -5.00            NOV   93.83   -4.83
FEB   88.40   -4.85            JAN   93.10   -4.95
APR   88.47   -5.23            MAR   94.15   -5.45
JUN   85.00   -5.70            APR   94.90   -5.50
AUG   85.65   -5.35            MAY   96.00   -5.30
WEEK END        Oct24/08     Oct17/08     Oct26/07
US FSP - US$/CWT   97.61        97.32       110.38

CATTLE INDICATORS
BY PROD VAL     Oct17/08     Oct10/08     Oct19/07
  EAST-$/HEAD      85.18        85.18        79.79
  WEST-$/HEAD     119.50       116.50       102.00
  US-US$/CWT       10.71        11.15         9.91
CURRENTNESS     Oct18/08     Oct11/08     Oct20/07
  ALTA-A1%         57.6%        57.2%        61.1%
  CAN-A1%          55.1%        56.9%        59.6%
FD:STR RATIO    Oct17/08     Oct10/08     Oct19/07
  ALTA BARLEY       23.4         21.8         17.7
                Oct18/08     Oct11/08     Oct20/07
  US CORN           23.5         21.4         27.9

AVG CARCASS WT  Oct18/08     Oct11/08     Oct20/07
  ALTA STR-LBS     852.0        860.0        853.0
  CAN STR-LBS      858.0        863.0        862.0
  US CATTLE-LBS    792.0        791.0        792.0

LATEST CATTLE PRICES - $/CWT
WEEK END  Oct24/08        Oct17/08        Oct26/07
            ALBERTA RAILGRADE SALES
STR-LOW     161.00          150.00          130.00
STR-HIGH    161.85          153.85          131.80
HFR-LOW     159.00          152.50          129.00
HFR-HIGH    162.50          153.85          131.80
            ALBERTA DIRECT SALES
STR-RANGE  95.00-98.25    90.55-91.51    76.00-78.45
AVERAGE        N/A           91.51           78.23
VOLUME         N/A           7,665          11,134
HFR-RANGE  96.43-98.25    88.75-91.00    77.25-79.50
AVERAGE        N/A           91.00           78.51
VOLUME         N/A          10,183           7,701

OPEN MARKET - $/CWT
          Oct24/08        Oct17/08        Oct26/07
          STEERS - A1,2 AND CHOICE 2-4
ONTARIO      N/A-N/A      84.95-92.05    71.45-78.25
NEBRASKA*  86.00-86.00    84.00-90.00    90.00-92.50
          HEIFERS - A1,2 AND CHOICE 2-4
ONTARIO      N/A-N/A      81.15-90.90    70.00-78.20
NEBRASKA*  87.00-90.00    83.00-90.00    91.00-92.50
          COWS - D1,2
CLYDE      40.00-46.00    40.00-46.00    30.00-36.00
SIOUX F*     62.00           57.00           58.00

          800-900 LB FEEDER STEERS
CLYDE      95.00-100.00   95.00-102.75   90.00-96.75
PONOKA     98.00-101.00   93.00-97.00    90.00-94.00
STRATHMOR    N/A-N/A      85.00-96.00      N/A-N/A
ONTARIO      N/A-N/A      95.00-106.00   83.00-94.00
          700-800 LB FEEDER STEERS
CLYDE      95.00-102.00   95.00-100.25   90.00-101.50
PONOKA     98.00-104.00   95.00-100.00   92.00-99.00
STRATHMOR    N/A-N/A      90.00-100.00     N/A-N/A
C.NEBRAS*    N/A-N/A      94.50-109.20  102.75-116.75
          600-700 LB FEEDER STEERS
CLYDE      95.00-103.50   95.00-102.50   93.00-101.00
PONOKA     98.00-104.00   98.00-105.00   92.00-97.50
STRATHMOR    N/A-N/A      90.00-106.00     N/A-N/A
          500-600 LB FEEDER STEERS
CLYDE     100.00-110.25   98.00-106.00  100.00-112.00
PONOKA    100.00-107.00  105.00-110.00   96.00-104.50
STRATHMOR    N/A-N/A      90.00-112.00     N/A-N/A
ONTARIO      N/A-N/A      90.00-118.00  103.00-121.00
          700-800 LB FEEDER HEIFERS
CLYDE      85.00-96.50    85.00-96.50    80.00-90.25
PONOKA     88.00-97.50    90.00-95.00    83.00-87.00
STRATHMOR    N/A-N/A      80.00-93.00      N/A-N/A
          500-600 LB FEEDER HEIFERS
CLYDE      86.00-94.00    83.00-90.00    80.00-90.25
PONOKA     86.00-91.00    88.00-92.00    81.00-90.00
STRATHMOR    N/A-N/A      75.00-104.00     N/A-N/A


NOTE: * denotes price in US Dollars

PRELIM LIVE ANIMAL TRADE - WEEK ENDING Oct17/2008
CATTLE       FROM US     TO US     TO US     TO US
                SLTR      SLTR       FDR      HOGS
CANADA             0    13,635     4,436    24,240
EAST               0     2,038       154    11,691
WEST               0    11,597     4,282    12,549

BEEF WHOLESALE PRICES - $/CWT
WEEK ENDING     Oct24/08     Oct17/08     Oct26/07
CALGARY-STRS     154-156      156-156      136-138
CDA CUTOUT AAA       N/A       171.17       145.94
CDA CUTOUT AA/A      N/A       168.29       139.56

US BOXED BEEF CUTOUT - US $/CWT
WEEK END        Oct24/08     Oct17/08     Oct26/07
CHOICE 6-900      143.96       147.45       143.66
SELECT 6-900      136.93       139.18       131.10

HOG SLAUGHTER
WEEK END  Oct18/08(prel)  Oct11/08(prel)  Oct20/07
CANADA     367,498         445,032         439,804
EAST       222,807         275,697         271,463
WEST       144,691         169,335         168,341
ALBERTA     44,877          55,044          62,342
WEEK END  Oct25/08(est)   Oct18/08(est)   Oct27/07
US       2,296,000       2,358,000       2,314,100

HOG CASH PRICES - INDEX 100 - $/KG
WEEK END  Oct23/08        Oct16/08        Oct25/07
ALTA AVG     1.287           1.302            .969
ONT AVG        N/A             N/A            .996
INTERIOR IOWA MINNESOTA HOG CASH PRICES
WEEK END        Oct24/08     Oct17/08     Oct26/07
US $/CWT           58.94        60.13        55.09
CAN EQVT $/KG      1.935        1.833        1.366
US PORK CARCASS CUTOUT
US $/CWT           65.97        65.99        60.40
HOG FUTURES - US$/CWT       CAN/US$ CLOSE Oct24/2008
MTH   LEAN      CHG            MTH   FUTURES   CHG
DEC   58.50   +2.20            DEC   .7858 -0.0600
FEB   63.85   +0.80            MAR   .7885 -0.0588
APR   69.45   +0.38            JUN   .7896 -0.0585
MAY   77.30   +1.10            SEP   .7902 -0.0579
JUN   78.95   +0.08            DEC   .7903 -0.0578
JUL   77.75   +0.65            MAR   .7904 -0.0577
HOG INDICATORS
WEEK END            Oct18/08   Oct11/08   Oct20/07
  AV DRSD WT US-LBS    199.0      199.0      201.0
FD:HOG RATIO        Oct17/08Oct10/08Oct19/07
  US CORN               16.0       15.2       17.4
                    Oct17/08   Oct10/08   Oct19/07
  ALTA BARLEY           12.1       11.6        8.0

SHEEP AND LAMB PRICES - Most Recent Sale to Oct23/2008
             MARKET LAMBS - FEEDER LAMBS     SHEEP
             (95-115 LBS)   (61-80 LBS)   (ALL WTS.)
ONTARIO      138.94-167.00  151.68-235.00     N/A
TEXAS (US$)        N/A         57.50      28.50$/CWT
CENTRAL ALTA    N/A-    N/A
(INNISFAIL)