Weekly Livestock Market Review - December 5, 2008

The next weekly will be published on Friday, December 12, 2008
This information is collected by the Statistics and Data Development Unit

CAN/US $ Dec05  77.11 Nov28  80.83 Dec07/07  99.47
BANK RATE % Dec02  2.50 Nov25  2.50 Dec04/07  4.50

CATTLE SLAUGHTER
WEEK END  Nov29/08(prel)  Nov22/08(prel)  Dec01/07
CANADA      64,875          65,848          64,244
EAST        14,982          15,547          15,611
WEST        49,893          50,301          48,633
ALBERTA     45,051          45,247          44,414
WEEK END  Dec06/08(est)   Nov29/08(est)   Dec08/07
US         618,000         572,000         665,800
CANADIAN CATTLE GRADES
WEEK END  Nov29/08        Nov22/08        Dec01/07
A           45,281          44,834          45,265
B              559             921             716
D            7,265           7,529           6,034
E              456             338             547
A GRADE MARBLING (%)
WEEK END  Nov29/08        Nov22/08        Dec01/07
A             3.5%            3.1%            1.9%
AA           51.7%           48.9%           48.3%
AAA          44.8%           48.0%           49.8%
CANADIAN CATTLE CLASSES
WEEK END  Nov29/08(prel)  Nov22/08(prel)  Dec01/07
STEERS      27,886          22,399          24,403
HEIFERS     18,611          24,047          22,303
COWS        17,785          18,922          16,706
BULLS          593             480             832
CALVES       5,401           5,201           5,205

CATTLE FUTURES - US $/CWT - CLOSE Dec05/2008
MTH   LIVE      CHG            MTH   FEEDER    CHG
DEC   81.55   -5.83            JAN   86.65   -5.05
FEB   81.45   -6.20            MAR   85.28   -6.95
APR   83.38   -6.35            APR   86.40   -6.35
JUN   79.55   -5.40            MAY   87.80   -5.70
AUG   79.58   -4.97            AUG   89.00   -6.55
OCT   82.30   -5.40            SEP   89.00   -7.03
WEEK END        Dec05/08     Nov28/08     Dec07/07
US FSP - US$/CWT   91.17        93.37       106.98

CATTLE INDICATORS
BY PROD VAL     Nov28/08     Nov21/08     Nov30/07
  EAST-$/HEAD      98.98        98.98        77.29
  WEST-$/HEAD     112.50       116.00        99.50
  US-US$/CWT        7.20         8.45        10.10
CURRENTNESS     Nov29/08     Nov22/08     Dec01/07
  ALTA-A1%         60.8%        57.4%        65.2%
  CAN-A1%          60.2%        57.7%        61.7%
FD:STR RATIO    Nov28/08     Nov21/08     Nov30/07
  ALTA BARLEY       23.0         22.6         20.9
                Nov29/08     Nov22/08     Dec01/07
  US CORN           24.4         24.0         25.5

AVG CARCASS WT  Nov29/08     Nov22/08     Dec01/07
  ALTA STR-LBS     832.0        838.0        861.0
  CAN STR-LBS      841.0        846.0        881.0
  US CATTLE-LBS    783.0        784.0        791.0

LATEST CATTLE PRICES - $/CWT
WEEK END  Dec05/08        Nov28/08        Dec07/07
            ALBERTA RAILGRADE SALES
STR-LOW     154.85          157.85          141.00
STR-HIGH    158.85          160.30          144.65
HFR-LOW     156.50          157.50          141.00
HFR-HIGH    158.85          160.30          144.00
            ALBERTA DIRECT SALES
STR-RANGE  91.00-93.50    94.25-95.25    84.00-85.50
AVERAGE        N/A           94.97           85.35
VOLUME         N/A          10,698           7,025
HFR-RANGE  91.90-92.35    94.25-95.35    82.75-86.25
AVERAGE        N/A           94.83           85.27
VOLUME         N/A           5,022           7,710

OPEN MARKET - $/CWT
          Dec05/08        Nov28/08        Dec07/07
          STEERS - A1,2 AND CHOICE 2-4
ONTARIO      N/A-N/A      91.87-101.57   74.90-83.10
NEBRASKA*  83.00-83.00    86.00-90.00      N/A-N/A
          HEIFERS - A1,2 AND CHOICE 2-4
ONTARIO      N/A-N/A      89.04-100.28   74.05-84.05
NEBRASKA*  87.00-87.00    88.00-90.50    92.00-93.50
          COWS - D1,2
CLYDE      30.00-37.00    33.00-45.00    26.00-34.00
SIOUX F*     46.00             N/A           53.50

          800-900 LB FEEDER STEERS
CLYDE      90.00-99.00    90.00-99.00    85.00-97.75
PONOKA     88.00-97.00    93.00-98.00    92.00-97.00
STRATHMOR    N/A-N/A      85.00-100.00   88.00-96.00
ONTARIO      N/A-N/A      82.00-104.00   86.00-100.00
          700-800 LB FEEDER STEERS
CLYDE      90.00-96.25    95.00-102.75   85.00-98.50
PONOKA     88.00-96.00    92.00-97.75    96.00-99.50
STRATHMOR    N/A-N/A      90.00-104.00   90.00-102.00
C.NEBRAS*    N/A-N/A      90.00-102.00  101.00-120.50
          600-700 LB FEEDER STEERS
CLYDE      95.00-101.25   95.00-105.00   92.00-103.25
PONOKA     89.00-96.00    95.00-106.50   96.00-100.00
STRATHMOR    N/A-N/A      92.00-107.00   98.00-108.00
          500-600 LB FEEDER STEERS
CLYDE     105.00-110.50  105.00-111.50  100.00-110.75
PONOKA    100.00-110.50   95.00-114.00  102.00-114.00
STRATHMOR    N/A-N/A     105.00-117.00   98.00-118.00
ONTARIO      N/A-N/A      91.00-116.00   88.00-115.00
          700-800 LB FEEDER HEIFERS
CLYDE      80.00-84.25    85.00-90.25    78.00-95.75
PONOKA     83.00-88.00    82.00-87.00    88.00-92.00
STRATHMOR    N/A-N/A      80.00-94.00    80.00-95.00
          500-600 LB FEEDER HEIFERS
CLYDE      85.00-93.00    85.00-95.00    84.00-99.00
PONOKA     80.00-93.00    85.00-91.00    87.00-95.00
STRATHMOR    N/A-N/A      75.00-100.00   84.00-98.00


NOTE: * denotes price in US Dollars

PRELIM LIVE ANIMAL TRADE - WEEK ENDING Nov28/2008
CATTLE       FROM US     TO US     TO US     TO US
                SLTR      SLTR       FDR      HOGS
CANADA             0    13,777     6,314    25,063
EAST               0     3,337       128    12,571
WEST               0    10,440     6,186    12,492

BEEF WHOLESALE PRICES - $/CWT
WEEK ENDING     Dec05/08     Nov28/08     Dec07/07
CALGARY-STRS     162-164      163-164      140-142
CDA CUTOUT AAA       N/A          N/A       151.09
CDA CUTOUT AA/A      N/A          N/A       143.23

US BOXED BEEF CUTOUT - US $/CWT
WEEK END        Dec05/08     Nov28/08     Dec07/07
CHOICE 6-900         N/A       153.20       148.33
SELECT 6-900         N/A       142.95       132.30

HOG SLAUGHTER
WEEK END  Nov29/08(prel)  Nov22/08(prel)  Dec01/07
CANADA     453,126         456,836         434,968
EAST       282,220         283,900         278,712
WEST       170,906         172,936         156,256
ALBERTA     53,290          56,947          53,349
WEEK END  Dec06/08(est)   Nov29/08(est)   Dec08/07
US       2,373,000       2,057,000       2,377,400

HOG CASH PRICES - INDEX 100 - $/KG
WEEK END  Dec04/08        Nov27/08        Dec06/07
ALTA AVG       N/A           1.136            .916
ONT AVG        N/A             N/A            .917
INTERIOR IOWA MINNESOTA HOG CASH PRICES
WEEK END        Dec05/08     Nov28/08     Dec07/07
US $/CWT           54.02        53.47        54.43
CAN EQVT $/KG      1.806        1.705        1.411
US PORK CARCASS CUTOUT
US $/CWT           61.77        57.75        58.89
HOG FUTURES - US$/CWT       CAN/US$ CLOSE Dec05/2008
MTH   LEAN      CHG            MTH   FUTURES   CHG
DEC   57.45   -2.05            DEC   .7814 -0.0247
FEB   64.20   -2.83            MAR   .7823 -0.0247
APR   69.38   -4.13            JUN   .7843 -0.0246
MAY   75.25   -6.25            SEP   .7867 -0.0255
JUN   78.30   -4.75            DEC   .7875 -0.0252
JUL   77.50   -4.42            MAR   .7883 -0.0249
HOG INDICATORS
WEEK END            Nov29/08   Nov22/08   Dec01/07
  AV DRSD WT US-LBS    202.0      202.0      204.0
FD:HOG RATIO        Nov28/08Nov21/08Nov30/07
  US CORN               14.6       13.8       13.8
                    Nov28/08   Nov21/08   Nov30/07
  ALTA BARLEY           10.0        9.9        7.7
SHEEP AND LAMB PRICES - Most Recent Sale to Dec04/2008
             MARKET LAMBS - FEEDER LAMBS     SHEEP
             (95-115 LBS)   (61-80 LBS)   (ALL WTS.)
ONTARIO      147.38-167.00  136.99-260.00     N/A
TEXAS (US$)        N/A           N/A      40.75$/CWT
MARKET LAMB PRICES - Most Recent Sale to Nov27/2008
CENTRAL ALTA 102.72-124.32
(INNISFAIL)