Weekly Livestock Market Review - November 7, 2008

The next weekly will be published on Friday, November 14, 2008
This information is collected by the Statistics and Data Development Unit

CAN/US $ Nov07  84.50 Oct31  82.20 Nov09/07 106.48
BANK RATE % Nov04  2.50 Oct28  2.50 Nov06/07  4.75

CATTLE SLAUGHTER
WEEK END  Nov01/08(prel)  Oct25/08(prel)  Nov03/07
CANADA      60,803          65,866          62,198
EAST        14,834          16,128          15,270
WEST        45,969          49,738          46,928
ALBERTA     40,932          44,971          42,292
WEEK END  Nov08/08(est)   Nov01/08(est)   Nov10/07
US         621,000         638,000         643,200
CANADIAN CATTLE GRADES
WEEK END  Nov01/08        Oct25/08        Nov03/07
A           42,224          48,091          44,812
B              677             953           1,072
D            7,023           6,254           5,541
E              206             348             548
A GRADE MARBLING (%)
WEEK END  Nov01/08        Oct25/08        Nov03/07
A             2.6%            2.9%            2.3%
AA           46.3%           47.0%           47.9%
AAA          51.1%           50.0%           49.8%
CANADIAN CATTLE CLASSES
WEEK END  Nov01/08(prel)  Oct25/08(prel)  Nov03/07
STEERS      23,273          25,087          23,827
HEIFERS     20,406          24,853          22,870
COWS        16,774          15,450          14,644
BULLS          350             476             857
CALVES       4,932           5,001           5,313

CATTLE FUTURES - US $/CWT - CLOSE Nov07/2008
MTH   LIVE      CHG            MTH   FEEDER    CHG
DEC   92.80   +0.10            NOV   98.95   +0.33
FEB   93.55   -0.70            JAN   99.22   +1.17
APR   94.80   +0.05            MAR   99.67   +1.15
JUN   91.05   +0.27            APR   99.65   +0.73
AUG   90.50   -0.30            MAY  100.70   +1.15
OCT   93.40   -0.10            AUG  102.30   +0.70
WEEK END        Nov07/08     Oct31/08     Nov09/07
US FSP - US$/CWT   96.45        96.06       107.94

CATTLE INDICATORS
BY PROD VAL     Oct31/08     Oct24/08     Nov02/07
  EAST-$/HEAD      84.82        84.82        77.29
  WEST-$/HEAD     119.50       119.50        99.50
  US-US$/CWT       10.00        10.28        10.05
CURRENTNESS     Nov01/08     Oct25/08     Nov03/07
  ALTA-A1%         59.1%        54.1%        58.6%
  CAN-A1%          56.5%        52.2%        56.6%
FD:STR RATIO    Oct31/08     Oct24/08     Nov02/07
  ALTA BARLEY       24.3         24.7         18.2
                Nov01/08     Oct25/08     Nov03/07
  US CORN           22.2         23.8         26.6

AVG CARCASS WT  Nov01/08     Oct25/08     Nov03/07
  ALTA STR-LBS     847.0        842.0        852.0
  CAN STR-LBS      855.0        849.0        871.0
  US CATTLE-LBS    791.0        792.0        794.0

LATEST CATTLE PRICES - $/CWT
WEEK END  Nov07/08        Oct31/08        Nov09/07
            ALBERTA RAILGRADE SALES
STR-LOW     156.50          158.00          120.50
STR-HIGH    159.85          161.85          123.20
HFR-LOW     157.50          160.83          119.50
HFR-HIGH    160.50          161.85          121.30
            ALBERTA DIRECT SALES
STR-RANGE  93.00-96.00    95.75-97.50    71.35-72.05
AVERAGE        N/A           96.87           72.07
VOLUME         N/A           9,145           9,716
HFR-RANGE  93.60-96.00    94.75-96.90    71.75-73.20
AVERAGE        N/A           96.25           71.95
VOLUME         N/A          10,648           6,340

OPEN MARKET - $/CWT
          Nov07/08        Oct31/08        Nov09/07
          STEERS - A1,2 AND CHOICE 2-4
ONTARIO      N/A-N/A      93.06-100.89   67.95-74.85
NEBRASKA*  90.00-92.00    87.00-92.00    90.00-93.00
          HEIFERS - A1,2 AND CHOICE 2-4
ONTARIO      N/A-N/A      89.75-99.21    66.00-72.00
NEBRASKA*  91.00-91.00    88.00-92.00    90.00-93.25
          COWS - D1,2
CLYDE      30.00-38.00    40.00-46.00    25.00-32.00
SIOUX F*     51.50           57.50           51.00

          800-900 LB FEEDER STEERS
CLYDE      90.00-99.25    95.00-101.25   80.00-89.00
PONOKA     96.00-103.00   95.00-102.00   80.00-86.00
STRATHMOR  85.00-98.00    85.00-98.00    82.00-90.00
ONTARIO      N/A-N/A      88.00-105.00   83.00-92.00
          700-800 LB FEEDER STEERS
CLYDE      92.00-100.25   95.00-104.00   80.00-88.00
PONOKA     91.00-97.00    96.00-104.00   80.00-85.00
STRATHMOR  90.00-104.00   90.00-105.00   83.00-91.00
C.NEBRAS*    N/A-N/A      91.75-104.75  100.00-117.00
          600-700 LB FEEDER STEERS
CLYDE      95.00-102.75   95.00-104.00   86.00-92.00
PONOKA     91.00-98.00    99.00-105.00   82.00-86.50
STRATHMOR  90.00-108.00   90.00-109.00   82.00-93.00
          500-600 LB FEEDER STEERS
CLYDE     105.00-117.25  105.00-113.25   90.00-99.00
PONOKA     98.00-105.00  100.00-113.00   85.00-90.00
STRATHMOR  90.00-115.00   90.00-115.00   90.00-104.00
ONTARIO      N/A-N/A      93.00-119.00   93.00-116.00
          700-800 LB FEEDER HEIFERS
CLYDE      83.00-89.25    85.00-98.50    75.00-81.25
PONOKA     84.00-86.50    86.00-93.00    69.00-75.00
STRATHMOR  80.00-95.00    80.00-95.00    74.00-84.00
          500-600 LB FEEDER HEIFERS
CLYDE      83.00-90.50    86.00-96.00    80.00-84.00
PONOKA     82.00-89.50    85.00-92.00    70.00-75.50
STRATHMOR  75.00-100.00   75.00-100.00   80.00-95.00


NOTE: * denotes price in US Dollars

PRELIM LIVE ANIMAL TRADE - WEEK ENDING Oct31/2008
CATTLE       FROM US     TO US     TO US     TO US
                SLTR      SLTR       FDR      HOGS
CANADA             0    18,911    10,095    31,656
EAST               0     5,012       183    18,068
WEST               0    13,899     9,912    13,588

BEEF WHOLESALE PRICES - $/CWT
WEEK ENDING     Nov07/08     Oct31/08     Nov09/07
CALGARY-STRS     163-164      154-164      132-134
CDA CUTOUT AAA       N/A       173.19       142.27
CDA CUTOUT AA/A      N/A       170.53       133.47

US BOXED BEEF CUTOUT - US $/CWT
WEEK END        Nov07/08     Oct31/08     Nov09/07
CHOICE 6-900      146.87       142.06       139.78
SELECT 6-900      139.79       135.51       128.49

HOG SLAUGHTER
WEEK END  Nov01/08(prel)  Oct25/08(prel)  Nov03/07
CANADA     451,865         445,774         435,776
EAST       281,964         274,786         269,347
WEST       169,901         170,988         166,429
ALBERTA     55,957          56,301          63,750
WEEK END  Nov08/08(est)   Nov01/08(est)   Nov10/07
US       2,307,000       2,386,000       2,360,500

HOG CASH PRICES - INDEX 100 - $/KG
WEEK END  Nov06/08        Oct30/08        Nov08/07
ALTA AVG     1.166           1.323            .843
ONT AVG        N/A             N/A            .889
INTERIOR IOWA MINNESOTA HOG CASH PRICES
WEEK END        Nov07/08     Oct31/08     Nov09/07
US $/CWT           51.07        54.47        46.31
CAN EQVT $/KG      1.558        1.708        1.121
US PORK CARCASS CUTOUT
US $/CWT           56.27        63.49        58.72
HOG FUTURES - US$/CWT       CAN/US$ CLOSE Nov07/2008
MTH   LEAN      CHG            MTH   FUTURES   CHG
DEC   55.40   +0.60            DEC   .8409 +0.0084
FEB   62.50   -0.48            MAR   .8411 +0.0069
APR   69.90   -0.25            JUN   .8423 +0.0073
MAY   76.97   -0.13            SEP   .8432 +0.0074
JUN   79.88   -0.10            DEC   .8432 +0.0066
JUL   79.30   +0.55            MAR   .8444 +0.0070
HOG INDICATORS
WEEK END            Nov01/08   Oct25/08   Nov03/07
  AV DRSD WT US-LBS    201.0      200.0      201.0
FD:HOG RATIO        Oct31/08Oct24/08Nov02/07
  US CORN               13.9       15.4       15.0
                    Oct31/08   Oct24/08   Nov02/07
  ALTA BARLEY           12.1       12.1        8.0
SHEEP AND LAMB PRICES - Most Recent Sale to Nov06/2008
             MARKET LAMBS - FEEDER LAMBS     SHEEP
             (95-115 LBS)   (61-80 LBS)   (ALL WTS.)
ONTARIO      136.29-168.00   64.08-265.00     N/A
TEXAS (US$)        N/A           N/A      35.50$/CWT
MARKET LAMB PRICES - Most Recent Sale to Oct30/2008
CENTRAL ALTA  95.04-126.24
(INNISFAIL)