Weekly Livestock Market Review - November 28, 2008

The next weekly will be published on Friday, December 5, 2008
This information is collected by the Statistics and Data Development Unit

CAN/US $ Nov28  80.83 Nov21  77.80 Nov30/07  99.92
BANK RATE % Nov25  2.50 Nov18  2.50 Nov27/07  4.75

CATTLE SLAUGHTER
WEEK END  Nov22/08(prel)  Nov15/08(prel)  Nov24/07
CANADA      65,848          67,199          61,709
EAST        15,547          14,994          14,896
WEST        50,301          52,205          46,813
ALBERTA     45,247          48,059          42,667
WEEK END  Nov29/08(est)   Nov22/08(est)   Dec01/07
US         384,000         633,000         668,000
CANADIAN CATTLE GRADES
WEEK END  Nov22/08        Nov15/08        Nov24/07
A           44,834          46,962          43,936
B              921             711             932
D            7,529           5,699           5,418
E              338             192             501
A GRADE MARBLING (%)
WEEK END  Nov22/08        Nov15/08        Nov24/07
A             3.1%            2.4%            1.7%
AA           48.9%           45.8%           46.7%
AAA          48.0%           51.8%           51.6%
CANADIAN CATTLE CLASSES
WEEK END  Nov22/08(prel)  Nov15/08(prel)  Nov24/07
STEERS      22,399          25,817          22,170
HEIFERS     24,047          22,556          23,442
COWS        18,922          18,506          15,291
BULLS          480             320             806
CALVES       5,201           4,949           5,419

CATTLE FUTURES - US $/CWT - CLOSE Nov28/2008
MTH   LIVE      CHG            MTH   FEEDER    CHG
DEC   87.38   +2.47            JAN   91.70   +2.30
FEB   87.65   +2.15            MAR   92.22   +2.07
APR   89.72   +2.90            APR   92.75   +2.30
JUN   84.95   +2.28            MAY   93.50   +2.55
AUG   84.55   +1.65            AUG   95.55   +2.55
OCT   87.70   +1.60            SEP   96.03   +2.53
WEEK END        Nov28/08     Nov21/08     Nov30/07
US FSP - US$/CWT   93.37        94.46       107.98

CATTLE INDICATORS
BY PROD VAL     Nov21/08     Nov14/08     Nov23/07
  EAST-$/HEAD      98.98        95.98        77.29
  WEST-$/HEAD     116.00       117.50        99.50
  US-US$/CWT        8.45         8.94        10.16
CURRENTNESS     Nov22/08     Nov15/08     Nov24/07
  ALTA-A1%         57.4%        55.9%        57.6%
  CAN-A1%          57.7%        56.2%        56.7%
FD:STR RATIO    Nov21/08     Nov14/08     Nov23/07
  ALTA BARLEY       22.6         23.4         19.8
                Nov22/08     Nov15/08     Nov24/07
  US CORN           24.0         23.2         25.2

AVG CARCASS WT  Nov22/08     Nov15/08     Nov24/07
  ALTA STR-LBS     838.0        831.0        860.0
  CAN STR-LBS      846.0        843.0        879.0
  US CATTLE-LBS    784.0        786.0        791.0

LATEST CATTLE PRICES - $/CWT
WEEK END  Nov28/08        Nov21/08        Nov30/07
            ALBERTA RAILGRADE SALES
STR-LOW     157.85          156.50          142.80
STR-HIGH    160.30          157.85          145.05
HFR-LOW     157.50          156.50          142.50
HFR-HIGH    160.30          157.85          144.30
            ALBERTA DIRECT SALES
STR-RANGE  94.25-95.25    93.64-94.00    83.00-87.00
AVERAGE        N/A           93.64           85.57
VOLUME         N/A          10,888          14,472
HFR-RANGE  94.25-95.35    91.55-93.00    83.90-87.00
AVERAGE        N/A           92.88           85.36
VOLUME         N/A           6,235           3,653

OPEN MARKET - $/CWT
          Nov28/08        Nov21/08        Nov30/07
          STEERS - A1,2 AND CHOICE 2-4
ONTARIO      N/A-N/A      93.43-100.58   73.55-83.25
NEBRASKA*    N/A-N/A      85.00-88.50    93.00-95.50
          HEIFERS - A1,2 AND CHOICE 2-4
ONTARIO      N/A-N/A      87.39-99.41    74.50-83.85
NEBRASKA*    N/A-N/A      87.25-88.50    95.00-96.00
          COWS - D1,2
CLYDE      33.00-45.00    36.00-44.00    26.00-34.00
SIOUX F*       N/A           48.00           52.25

          800-900 LB FEEDER STEERS
CLYDE      90.00-99.00    94.00-104.25   85.00-96.00
PONOKA     93.00-98.00    94.00-98.00    92.00-94.00
STRATHMOR  85.00-100.00     N/A-N/A      88.00-97.00
ONTARIO      N/A-N/A      84.00-101.00   82.00-96.00
          700-800 LB FEEDER STEERS
CLYDE      95.00-102.75   95.00-101.75   85.00-99.25
PONOKA     92.00-97.75    95.00-101.25   93.50-99.00
STRATHMOR  90.00-104.00     N/A-N/A      90.00-102.00
C.NEBRAS*    N/A-N/A      85.50-104.25  103.00-116.35
          600-700 LB FEEDER STEERS
CLYDE      95.00-105.00   97.00-104.25   92.00-103.25
PONOKA     95.00-106.50   95.00-104.00   96.00-104.50
STRATHMOR  92.00-107.00     N/A-N/A      98.00-109.00
          500-600 LB FEEDER STEERS
CLYDE     105.00-111.50  105.00-113.50  100.00-113.50
PONOKA     95.00-114.00  100.00-108.00  100.00-118.00
STRATHMOR 105.00-117.00     N/A-N/A      98.00-120.00
ONTARIO      N/A-N/A      95.00-121.00   92.00-119.00
          700-800 LB FEEDER HEIFERS
CLYDE      85.00-90.25    85.00-92.75    75.00-89.75
PONOKA     82.00-87.00    80.00-88.00    81.00-90.00
STRATHMOR  80.00-94.00      N/A-N/A      80.00-95.00
          500-600 LB FEEDER HEIFERS
CLYDE      85.00-95.00    85.00-100.75   84.00-96.00
PONOKA     85.00-91.00    86.00-97.50    87.00-97.00
STRATHMOR  75.00-100.00     N/A-N/A      84.00-98.00


NOTE: * denotes price in US Dollars

PRELIM LIVE ANIMAL TRADE - WEEK ENDING Nov21/2008
CATTLE       FROM US     TO US     TO US     TO US
                SLTR      SLTR       FDR      HOGS
CANADA             0    17,380     7,050    31,024
EAST               0     4,985        72    13,701
WEST               0    12,395     6,978    17,323

BEEF WHOLESALE PRICES - $/CWT
WEEK ENDING     Nov28/08     Nov21/08     Nov30/07
CALGARY-STRS     163-164      163-166      135-136
CDA CUTOUT AAA       N/A       185.66       148.69
CDA CUTOUT AA/A      N/A       179.32       141.47

US BOXED BEEF CUTOUT - US $/CWT
WEEK END        Nov28/08     Nov21/08     Nov30/07
CHOICE 6-900         N/A       157.40       150.65
SELECT 6-900         N/A       146.70       135.61

HOG SLAUGHTER
WEEK END  Nov22/08(prel)  Nov15/08(prel)  Nov24/07
CANADA     456,836         443,753         438,179
EAST       283,900         284,465         276,333
WEST       172,936         159,288         161,846
ALBERTA     56,947          58,081          56,974
WEEK END  Nov29/08(est)   Nov22/08(est)   Dec01/07
US       1,298,000       2,366,000       2,381,000

HOG CASH PRICES - INDEX 100 - $/KG
WEEK END  Nov27/08        Nov20/08        Nov29/07
ALTA AVG     1.136           1.126            .867
ONT AVG        N/A             N/A            .899
INTERIOR IOWA MINNESOTA HOG CASH PRICES
WEEK END        Nov28/08     Nov21/08     Nov30/07
US $/CWT           53.47        50.12        52.14
CAN EQVT $/KG      1.705        1.661        1.345
US PORK CARCASS CUTOUT
US $/CWT           58.85        56.40        59.52
HOG FUTURES - US$/CWT       CAN/US$ CLOSE Nov28/2008
MTH   LEAN      CHG            MTH   FUTURES   CHG
DEC   59.50   +2.63            DEC   .8061 +0.0292
FEB   67.03   +2.93            MAR   .8070 +0.0293
APR   73.50   +2.97            JUN   .8089 +0.0308
MAY   81.50   +3.22            SEP   .8122 +0.0335
JUN   83.05   +3.20            DEC   .8127 +0.0343
JUL   81.92   +2.17            MAR   .8132 +0.0351
HOG INDICATORS
WEEK END            Nov22/08   Nov15/08   Nov24/07
  AV DRSD WT US-LBS    202.0      201.0      203.0
FD:HOG RATIO        Nov21/08Nov14/08Nov23/07
  US CORN               13.8       23.2       13.0
                    Nov21/08   Nov14/08   Nov23/07
  ALTA BARLEY            9.9        9.7        7.4
SHEEP AND LAMB PRICES - Most Recent Sale to Nov27/2008
             MARKET LAMBS - FEEDER LAMBS     SHEEP
             (95-115 LBS)   (61-80 LBS)   (ALL WTS.)
ONTARIO      141.19-175.00  142.63-270.00     N/A
TEXAS (US$)        N/A           N/A        N/A
MARKET LAMB PRICES - Most Recent Sale to Nov20/2008
CENTRAL ALTA 109.44-123.84
(INNISFAIL)