Weekly Livestock Market Review - October 31, 2008

The next weekly will be published on Friday, November 7, 2008
This information is collected by the Statistics and Data Development Unit

CAN/US $ Oct31  82.20 Oct24  78.54 Nov02/07 106.85
BANK RATE % Oct28  2.50 Oct21  2.50 Oct30/07  4.75

CATTLE SLAUGHTER
WEEK END  Oct25/08(prel)  Oct18/08(prel)  Oct27/07
CANADA      65,866          57,985          61,867
EAST        16,128          13,947          15,660
WEST        49,738          44,038          46,207
ALBERTA     44,971          40,265          41,567
WEEK END  Nov01/08(est)   Oct25/08(est)   Nov03/07
US         638,000         647,000         661,100
CANADIAN CATTLE GRADES
WEEK END  Oct25/08        Oct18/08        Oct27/07
A           48,091          42,425          44,809
B              953             703           1,112
D            6,254           4,439           5,790
E              348             361             614
A GRADE MARBLING (%)
WEEK END  Oct25/08        Oct18/08        Oct27/07
A             2.9%            2.4%            2.4%
AA           47.0%           44.7%           47.4%
AAA          50.0%           52.9%           50.3%
CANADIAN CATTLE CLASSES
WEEK END  Oct25/08(prel)  Oct18/08(prel)  Oct27/07
STEERS      25,087          24,173          22,328
HEIFERS     24,853          19,629          24,288
COWS        15,450          13,694          14,345
BULLS          476             489             906
CALVES       5,001           4,186           5,432

CATTLE FUTURES - US $/CWT - CLOSE Oct31/2008
MTH   LIVE      CHG            MTH   FEEDER    CHG
OCT   93.75   +5.90            NOV   98.63   +4.80
DEC   92.70   +5.15            JAN   98.05   +4.95
FEB   94.25   +5.85            MAR   98.53   +4.38
APR   94.75   +6.28            APR   98.92   +4.02
JUN   90.78   +5.78            MAY   99.55   +3.55
AUG   90.80   +5.15            AUG  101.60   +3.50
WEEK END        Oct31/08     Oct24/08     Nov02/07
US FSP - US$/CWT   96.06        97.61       110.15

CATTLE INDICATORS
BY PROD VAL     Oct24/08     Oct17/08     Oct26/07
  EAST-$/HEAD      84.82        85.18        79.79
  WEST-$/HEAD     119.50       119.50       101.50
  US-US$/CWT       10.28        10.71         9.99
CURRENTNESS     Oct25/08     Oct18/08     Oct27/07
  ALTA-A1%         54.1%        57.6%        60.5%
  CAN-A1%          52.2%        55.1%        58.2%
FD:STR RATIO    Oct24/08     Oct17/08     Oct26/07
  ALTA BARLEY       24.7         23.4         18.9
                Oct25/08     Oct18/08     Oct27/07
  US CORN           23.8         23.5         27.4

AVG CARCASS WT  Oct25/08     Oct18/08     Oct27/07
  ALTA STR-LBS     842.0        852.0        856.0
  CAN STR-LBS      849.0        858.0        868.0
  US CATTLE-LBS    792.0        792.0        793.0

LATEST CATTLE PRICES - $/CWT
WEEK END  Oct31/08        Oct24/08        Nov02/07
            ALBERTA RAILGRADE SALES
STR-LOW     158.00          161.00          125.75
STR-HIGH    161.85          161.85          127.90
HFR-LOW     160.83          159.00          125.85
HFR-HIGH    161.85          162.50          127.00
            ALBERTA DIRECT SALES
STR-RANGE  95.75-97.50    95.00-98.25    74.05-77.50
AVERAGE        N/A           96.76           75.66
VOLUME         N/A          10,067          11,828
HFR-RANGE  94.75-96.90    96.43-98.25    74.55-77.65
AVERAGE        N/A           96.43           76.31
VOLUME         N/A           6,691           4,911

OPEN MARKET - $/CWT
          Oct31/08        Oct24/08        Nov02/07
          STEERS - A1,2 AND CHOICE 2-4
ONTARIO      N/A-N/A      89.22-96.57    71.70-76.10
NEBRASKA*    N/A-N/A      86.00-90.00    87.50-92.00
          HEIFERS - A1,2 AND CHOICE 2-4
ONTARIO      N/A-N/A      85.11-95.37    69.00-76.10
NEBRASKA*  88.00-90.00    84.25-90.50    89.00-92.50
          COWS - D1,2
CLYDE      40.00-46.00    40.00-46.00    30.00-35.00
SIOUX F*     57.50           62.00           56.50

          800-900 LB FEEDER STEERS
CLYDE      95.00-101.25   95.00-100.00   82.00-92.75
PONOKA     95.00-102.00   98.00-101.00   86.00-89.50
STRATHMOR    N/A-N/A      80.50-98.50    82.00-90.00
ONTARIO      N/A-N/A      92.00-102.00   81.00-94.00
          700-800 LB FEEDER STEERS
CLYDE      95.00-104.00   95.00-102.00   88.00-95.75
PONOKA     96.00-104.00   98.00-104.00   88.00-92.75
STRATHMOR    N/A-N/A        N/A-103.60   86.00-95.00
C.NEBRAS*    N/A-N/A      93.50-102.50  102.50-121.60
          600-700 LB FEEDER STEERS
CLYDE      95.00-104.00   95.00-103.50   90.00-100.00
PONOKA     99.00-105.00   98.00-104.00   88.00-93.00
STRATHMOR    N/A-N/A        N/A-105.40   88.00-101.00
          500-600 LB FEEDER STEERS
CLYDE     105.00-113.25  100.00-110.25   95.00-104.00
PONOKA    100.00-113.00  100.00-107.00   97.00-106.50
STRATHMOR    N/A-N/A        N/A-110.25   90.00-111.00
ONTARIO      N/A-N/A     110.00-126.00   91.00-115.00
          700-800 LB FEEDER HEIFERS
CLYDE      85.00-98.50    85.00-96.50    77.00-86.25
PONOKA     86.00-93.00    88.00-97.50    79.00-83.00
STRATHMOR    N/A-N/A        N/A-91.25    78.00-84.00
          500-600 LB FEEDER HEIFERS
CLYDE      86.00-96.00    86.00-94.00    80.00-89.00
PONOKA     85.00-92.00    86.00-91.00    79.00-84.25
STRATHMOR    N/A-N/A        N/A-93.00    85.00-102.00


NOTE: * denotes price in US Dollars

PRELIM LIVE ANIMAL TRADE - WEEK ENDING Oct24/2008
CATTLE       FROM US     TO US     TO US     TO US
                SLTR      SLTR       FDR      HOGS
CANADA             0    18,661    11,712    28,956
EAST               0     4,129       120    12,444
WEST               0    14,532    11,592    16,512

BEEF WHOLESALE PRICES - $/CWT
WEEK ENDING     Oct31/08     Oct24/08     Nov02/07
CALGARY-STRS     154-164      154-156      135-137
CDA CUTOUT AAA       N/A       172.20       143.44
CDA CUTOUT AA/A      N/A       167.79       136.01

US BOXED BEEF CUTOUT - US $/CWT
WEEK END        Oct31/08     Oct24/08     Nov02/07
CHOICE 6-900      142.06       143.96       140.03
SELECT 6-900      135.51       136.93       128.43

HOG SLAUGHTER
WEEK END  Oct25/08(prel)  Oct18/08(prel)  Oct27/07
CANADA     445,774         367,498         442,599
EAST       274,786         222,807         273,495
WEST       170,988         144,691         169,104
ALBERTA     56,301          44,877          64,159
WEEK END  Nov01/08(est)   Oct25/08(est)   Nov03/07
US       2,386,000       2,296,000       2,315,700

HOG CASH PRICES - INDEX 100 - $/KG
WEEK END  Oct30/08        Oct23/08        Nov01/07
ALTA AVG     1.324           1.305            .920
ONT AVG        N/A             N/A            .954
INTERIOR IOWA MINNESOTA HOG CASH PRICES
WEEK END        Oct31/08     Oct24/08     Nov02/07
US $/CWT           54.47        58.94        50.68
CAN EQVT $/KG      1.708        1.935        1.223
US PORK CARCASS CUTOUT
US $/CWT           62.17        65.68        57.63
HOG FUTURES - US$/CWT       CAN/US$ CLOSE Oct31/2008
MTH   LEAN      CHG            MTH   FUTURES   CHG
DEC   54.80   -3.70            DEC   .8325 +0.0467
FEB   62.98   -0.88            MAR   .8342 +0.0457
APR   70.15   +0.70            JUN   .8350 +0.0454
MAY   77.10   -0.20            SEP   .8358 +0.0456
JUN   79.97   +1.02            DEC   .8366 +0.0463
JUL   78.75   +1.00            MAR   .8374 +0.0470
HOG INDICATORS
WEEK END            Oct25/08   Oct18/08   Oct27/07
  AV DRSD WT US-LBS    200.0      199.0      201.0
FD:HOG RATIO        Oct24/08Oct17/08Oct26/07
  US CORN               15.4       16.0       16.1
                    Oct24/08   Oct17/08   Oct26/07
  ALTA BARLEY           12.1       12.1        8.5
SHEEP AND LAMB PRICES - Most Recent Sale to Oct30/2008
             MARKET LAMBS - FEEDER LAMBS     SHEEP
             (95-115 LBS)   (61-80 LBS)   (ALL WTS.)
ONTARIO      139.01-160.00   91.56-252.00     N/A
TEXAS (US$)        N/A         97.50      31.50$/CWT
MARKET LAMB PRICES - Most Recent Sale to Oct23/2008
CENTRAL ALTA 114.24-124.80
(INNISFAIL)