Weekly Livestock Market Review - November 21, 2008

The next weekly will be published on Friday, November 28, 2008
This information is collected by the Statistics and Data Development Unit

CAN/US $ Nov21  77.80 Nov14  81.65 Nov23/07 101.17
BANK RATE % Nov18  2.50 Nov11  2.50 Nov20/07  4.75

CATTLE SLAUGHTER
WEEK END  Nov15/08(prel)  Nov08/08(prel)  Nov17/07
CANADA      67,199          64,283          59,226
EAST        14,994          14,885          15,190
WEST        52,205          49,398          44,036
ALBERTA     48,059          44,346          41,040
WEEK END  Nov22/08(est)   Nov15/08(est)   Nov24/07
US         633,000         616,000         583,900
CANADIAN CATTLE GRADES
WEEK END  Nov15/08        Nov08/08        Nov17/07
A           46,962          44,075          43,127
B              711             713             813
D            5,699           6,919           4,109
E              192             274             458
A GRADE MARBLING (%)
WEEK END  Nov15/08        Nov08/08        Nov17/07
A             2.4%            2.7%            2.0%
AA           45.8%           47.2%           48.9%
AAA          51.8%           50.1%           49.2%
CANADIAN CATTLE CLASSES
WEEK END  Nov15/08(prel)  Nov08/08(prel)  Nov17/07
STEERS      25,817          25,004          22,439
HEIFERS     22,556          20,898          22,252
COWS        18,506          17,907          13,738
BULLS          320             474             797
CALVES       4,949           4,830           5,242

CATTLE FUTURES - US $/CWT - CLOSE Nov21/2008
MTH   LIVE      CHG            MTH   FEEDER    CHG
DEC   84.90   -5.15            JAN   89.40   -5.88
FEB   85.50   -5.17            MAR   90.15   -5.77
APR   86.83   -5.13            APR   90.45   -5.75
JUN   82.67   -5.95            MAY   90.95   -6.20
AUG   82.90   -5.52            AUG   93.00   -6.60
OCT   86.10   -5.00            SEP   93.50   -6.75
WEEK END        Nov21/08     Nov14/08     Nov23/07
US FSP - US$/CWT   94.46        97.60       109.14

CATTLE INDICATORS
BY PROD VAL     Nov14/08     Nov07/08     Nov16/07
  EAST-$/HEAD      95.98        84.70        77.29
  WEST-$/HEAD     117.50       117.50        99.50
  US-US$/CWT        8.94         9.60        10.15
CURRENTNESS     Nov15/08     Nov08/08     Nov17/07
  ALTA-A1%         55.9%        54.8%        61.4%
  CAN-A1%          56.2%        54.3%        59.0%
FD:STR RATIO    Nov14/08     Nov07/08     Nov16/07
  ALTA BARLEY       23.4         23.1         18.0
                Nov15/08     Nov08/08     Nov17/07
  US CORN           23.2         22.7         25.9

AVG CARCASS WT  Nov15/08     Nov08/08     Nov17/07
  ALTA STR-LBS     831.0        850.0        852.0
  CAN STR-LBS      843.0        851.0        868.0
  US CATTLE-LBS    786.0        790.0        793.0

LATEST CATTLE PRICES - $/CWT
WEEK END  Nov21/08        Nov14/08        Nov23/07
            ALBERTA RAILGRADE SALES
STR-LOW     156.50          160.50          126.00
STR-HIGH    157.85          161.85          137.30
HFR-LOW     156.50          158.00          127.30
HFR-HIGH    157.85          161.85          136.50
            ALBERTA DIRECT SALES
STR-RANGE  93.64-94.00    95.00-96.67    75.75-84.25
AVERAGE        N/A           96.67           81.22
VOLUME         N/A           9,947           8,585
HFR-RANGE  91.55-93.00    95.25-95.83    80.24-82.80
AVERAGE        N/A           95.83           80.24
VOLUME         N/A           5,557           6,164

OPEN MARKET - $/CWT
          Nov21/08        Nov14/08        Nov23/07
          STEERS - A1,2 AND CHOICE 2-4
ONTARIO      N/A-N/A      95.46-102.59   69.25-78.75
NEBRASKA*    N/A-N/A      91.00-92.00    93.00-96.00
          HEIFERS - A1,2 AND CHOICE 2-4
ONTARIO      N/A-N/A      93.35-102.44   70.25-78.25
NEBRASKA*  87.25-87.25    91.00-93.00    93.00-96.00
          COWS - D1,2
CLYDE      36.00-44.00    36.00-42.00    26.00-34.00
SIOUX F*     48.00           52.00           47.75

          800-900 LB FEEDER STEERS
CLYDE      94.00-104.25   94.00-100.25   85.00-95.00
PONOKA     94.00-98.00    96.00-103.25   82.00-89.00
STRATHMOR    N/A-N/A      85.00-100.00     N/A-N/A
ONTARIO      N/A-N/A      96.00-106.00   78.00-95.00
          700-800 LB FEEDER STEERS
CLYDE      95.00-101.75   95.00-102.75   85.00-96.00
PONOKA     95.00-101.25   96.00-101.00   87.00-98.25
STRATHMOR    N/A-N/A      98.00-107.00     N/A-N/A
C.NEBRAS*    N/A-N/A      90.00-108.50  105.00-122.00
          600-700 LB FEEDER STEERS
CLYDE      97.00-104.25   97.00-105.25   92.00-103.00
PONOKA     95.00-104.00   98.00-107.00   96.00-103.25
STRATHMOR    N/A-N/A     100.00-109.00     N/A-N/A
          500-600 LB FEEDER STEERS
CLYDE     105.00-113.50  105.00-114.50  100.00-113.00
PONOKA    100.00-108.00  101.00-107.50   96.00-109.00
STRATHMOR    N/A-N/A     105.00-118.00     N/A-N/A
ONTARIO      N/A-N/A     100.00-123.00   95.00-115.00
          700-800 LB FEEDER HEIFERS
CLYDE      85.00-92.75    85.00-91.50    75.00-89.25
PONOKA     80.00-88.00    83.00-89.00    81.00-84.50
STRATHMOR    N/A-N/A      80.00-97.00      N/A-N/A
          500-600 LB FEEDER HEIFERS
CLYDE      85.00-100.75   85.00-90.75    84.00-94.00
PONOKA     86.00-97.50    83.00-95.00    87.00-92.75
STRATHMOR    N/A-N/A      75.00-100.00     N/A-N/A


NOTE: * denotes price in US Dollars

PRELIM LIVE ANIMAL TRADE - WEEK ENDING Nov14/2008
CATTLE       FROM US     TO US     TO US     TO US
                SLTR      SLTR       FDR      HOGS
CANADA             0    15,620     7,938    32,594
EAST               0     2,744        33    14,237
WEST               0    12,876     7,905    18,357

BEEF WHOLESALE PRICES - $/CWT
WEEK ENDING     Nov21/08     Nov14/08     Nov23/07
CALGARY-STRS     163-166      163-164      132-133
CDA CUTOUT AAA       N/A       181.69       144.61
CDA CUTOUT AA/A      N/A       174.62       140.97

US BOXED BEEF CUTOUT - US $/CWT
WEEK END        Nov21/08     Nov14/08     Nov23/07
CHOICE 6-900      157.40       155.68       147.63
SELECT 6-900      146.70       145.29       134.32

HOG SLAUGHTER
WEEK END  Nov15/08(prel)  Nov08/08(prel)  Nov17/07
CANADA     443,753         444,201         421,928
EAST       284,465         273,635         273,170
WEST       159,288         170,566         148,758
ALBERTA     58,081          56,655          54,607
WEEK END  Nov22/08(est)   Nov15/08(est)   Nov24/07
US       2,366,000       2,310,000       2,023,100

HOG CASH PRICES - INDEX 100 - $/KG
WEEK END  Nov20/08        Nov13/08        Nov22/07
ALTA AVG     1.127           1.106            .838
ONT AVG        N/A             N/A            .862
INTERIOR IOWA MINNESOTA HOG CASH PRICES
WEEK END        Nov21/08     Nov14/08     Nov23/07
US $/CWT           50.12        51.45        49.37
CAN EQVT $/KG      1.661        1.624        1.258
US PORK CARCASS CUTOUT
US $/CWT           56.49        57.28        46.54
HOG FUTURES - US$/CWT       CAN/US$ CLOSE Nov21/2008
MTH   LEAN      CHG            MTH   FUTURES   CHG
DEC   56.88   +1.30            DEC   .7769 -0.0432
FEB   64.10   +1.52            MAR   .7777 -0.0424
APR   70.53   +0.28            JUN   .7781 -0.0424
MAY   78.28   +0.78            SEP   .7787 -0.0417
JUN   79.85   -0.25            DEC   .7784 -0.0422
JUL   79.75   +0.90            MAR   .7781 -0.0425
HOG INDICATORS
WEEK END            Nov15/08   Nov08/08   Nov17/07
  AV DRSD WT US-LBS    201.0      201.0      202.0
FD:HOG RATIO        Nov14/08Nov07/08Nov16/07
  US CORN               23.2       12.8       13.2
                    Nov14/08   Nov07/08   Nov16/07
  ALTA BARLEY            9.7       10.2        7.1
SHEEP AND LAMB PRICES - Most Recent Sale to Nov20/2008
             MARKET LAMBS - FEEDER LAMBS     SHEEP
             (95-115 LBS)   (61-80 LBS)   (ALL WTS.)
ONTARIO         N/A-    N/A    N/A-    N/A    N/A
TEXAS (US$)        N/A           N/A      39.25$/CWT
MARKET LAMB PRICES - Most Recent Sale to Nov13/2008
CENTRAL ALTA 100.80-124.80
(INNISFAIL)