Weekly Livestock Market Review - December 12, 2008

The next weekly will be published on Friday, December 19, 2008
This information is collected by the Statistics and Data Development Unit

CAN/US $ Dec12  80.31 Dec05  77.11 Dec14/07  98.65
BANK RATE % Dec09  1.75 Dec02  2.50 Dec11/07  4.50

CATTLE SLAUGHTER
WEEK END  Dec06/08(prel)  Nov29/08(prel)  Dec08/07
CANADA      56,952          64,875          57,572
EAST        15,237          14,982          14,798
WEST        41,715          49,893          42,774
ALBERTA     36,649          45,051          38,486
WEEK END  Dec13/08(est)   Dec06/08(est)   Dec15/07
US         607,000         621,000         650,900
CANADIAN CATTLE GRADES
WEEK END  Dec06/08        Nov29/08        Dec08/07
A           38,696          45,281          41,796
B              520             559             726
D            6,546           7,265           5,402
E              503             456             474
A GRADE MARBLING (%)
WEEK END  Dec06/08        Nov29/08        Dec08/07
A             3.1%            3.5%            2.0%
AA           50.7%           51.7%           48.9%
AAA          46.2%           44.8%           49.2%
CANADIAN CATTLE CLASSES
WEEK END  Dec06/08(prel)  Nov29/08(prel)  Dec08/07
STEERS      24,793          27,886          26,480
HEIFERS     14,922          18,611          16,477
COWS        16,577          17,785          13,909
BULLS          660             593             706
CALVES       5,218           5,401           4,833

CATTLE FUTURES - US $/CWT - CLOSE Dec12/2008
MTH   LIVE      CHG            MTH   FEEDER    CHG
DEC   83.33   +1.78            JAN   87.17   +0.52
FEB   82.80   +1.35            MAR   86.45   +1.17
APR   84.95   +1.58            APR   87.13   +0.72
JUN   81.75   +2.20            MAY   88.75   +0.95
AUG   81.15   +1.58            AUG   91.00   +2.00
OCT   84.15   +1.85            SEP   91.30   +2.30
WEEK END        Dec12/08     Dec05/08     Dec14/07
US FSP - US$/CWT   88.57        91.17       105.47

CATTLE INDICATORS
BY PROD VAL     Dec05/08     Nov28/08     Dec07/07
  EAST-$/HEAD      79.48        98.98        79.79
  WEST-$/HEAD     106.50       112.50        99.50
  US-US$/CWT        6.96         7.20         9.94
CURRENTNESS     Dec06/08     Nov29/08     Dec08/07
  ALTA-A1%         63.4%        60.8%        68.1%
  CAN-A1%          62.6%        60.2%        63.5%
FD:STR RATIO    Dec05/08     Nov28/08     Dec07/07
  ALTA BARLEY       23.5         23.0         20.9
                Dec06/08     Nov29/08     Dec08/07
  US CORN           26.6         24.4         24.7

AVG CARCASS WT  Dec06/08     Nov29/08     Dec08/07
  ALTA STR-LBS     835.0        832.0        842.0
  CAN STR-LBS      842.0        841.0        862.0
  US CATTLE-LBS    783.0        783.0        792.0

LATEST CATTLE PRICES - $/CWT
WEEK END  Dec12/08        Dec05/08        Dec14/07
            ALBERTA RAILGRADE SALES
STR-LOW     149.00          154.85          139.00
STR-HIGH    151.85          158.85          143.00
HFR-LOW     149.25          156.50          139.00
HFR-HIGH    150.50          158.85          143.00
            ALBERTA DIRECT SALES
STR-RANGE  88.35-89.50    91.00-93.50    84.70-85.30
AVERAGE        N/A           92.21           85.01
VOLUME         N/A          14,435           8,964
HFR-RANGE    N/A-N/A      91.90-92.35    84.15-86.10
AVERAGE        N/A           92.10           84.70
VOLUME         N/A           3,297           3,638

OPEN MARKET - $/CWT
          Dec12/08        Dec05/08        Dec14/07
          STEERS - A1,2 AND CHOICE 2-4
ONTARIO      N/A-N/A      93.23-103.41   73.90-82.75
NEBRASKA*    N/A-N/A      83.00-87.50    90.00-92.25
          HEIFERS - A1,2 AND CHOICE 2-4
ONTARIO      N/A-N/A      92.91-102.40   72.10-82.90
NEBRASKA*    N/A-N/A      85.00-87.50    91.00-92.00
          COWS - D1,2
CLYDE      33.00-40.00    30.00-37.00    26.00-34.00
SIOUX F*     42.50           46.00           56.00

          800-900 LB FEEDER STEERS
CLYDE      88.00-99.00    90.00-99.00    85.00-99.00
PONOKA     84.00-92.00    88.00-97.00    88.00-94.00
STRATHMOR  85.00-98.00    85.00-100.00     N/A-N/A
ONTARIO      N/A-N/A      84.00-103.00   79.00-99.00
          700-800 LB FEEDER STEERS
CLYDE      88.00-95.50    90.00-96.25    85.00-96.50
PONOKA     81.00-91.00    88.00-96.00    85.00-93.00
STRATHMOR  90.00-102.00   90.00-106.00     N/A-N/A
C.NEBRAS*    N/A-N/A      85.00-106.25   95.00-111.75
          600-700 LB FEEDER STEERS
CLYDE      95.00-101.75   95.00-101.25   92.00-101.25
PONOKA     85.00-100.00   89.00-96.00    85.00-95.00
STRATHMOR  92.00-102.00   92.00-107.00     N/A-N/A
          500-600 LB FEEDER STEERS
CLYDE      98.00-110.75  105.00-110.50  100.00-114.75
PONOKA     95.00-106.00  100.00-110.50   96.00-109.00
STRATHMOR  95.00-110.00  105.00-115.00     N/A-N/A
ONTARIO      N/A-N/A      90.00-113.00   87.00-117.00
          700-800 LB FEEDER HEIFERS
CLYDE      80.00-84.25    80.00-84.25    78.00-87.75
PONOKA     83.00-87.50    83.00-88.00    78.00-86.00
STRATHMOR  80.00-94.00    80.00-94.00      N/A-N/A
          500-600 LB FEEDER HEIFERS
CLYDE      85.00-90.75    85.00-93.00    84.00-103.00
PONOKA     73.00-88.00    80.00-93.00    78.00-90.00
STRATHMOR  75.00-100.00   75.00-100.00     N/A-N/A


NOTE: * denotes price in US Dollars

PRELIM LIVE ANIMAL TRADE - WEEK ENDING Dec05/2008
CATTLE       FROM US     TO US     TO US     TO US
                SLTR      SLTR       FDR      HOGS
CANADA             0    16,733     9,130    30,332
EAST               0     4,772         0    13,925
WEST               0    11,961     9,130    16,407

BEEF WHOLESALE PRICES - $/CWT
WEEK ENDING     Dec12/08     Dec05/08     Dec14/07
CALGARY-STRS     160-162      162-164      142-145
CDA CUTOUT AAA       N/A          N/A       152.56
CDA CUTOUT AA/A      N/A          N/A       145.25

US BOXED BEEF CUTOUT - US $/CWT
WEEK END        Dec12/08     Dec05/08     Dec14/07
CHOICE 6-900      143.13       148.18       147.70
SELECT 6-900      133.57       138.65       132.14

HOG SLAUGHTER
WEEK END  Dec06/08(prel)  Nov29/08(prel)  Dec08/07
CANADA     443,259         453,126         432,698
EAST       275,643         282,220         274,200
WEST       167,616         170,906         158,498
ALBERTA     52,435          53,290          54,852
WEEK END  Dec13/08(est)   Dec06/08(est)   Dec15/07
US       2,335,000       2,373,000       2,363,000

HOG CASH PRICES - INDEX 100 - $/KG
WEEK END  Dec11/08        Dec04/08        Dec13/07
ALTA AVG       N/A           1.186            .960
ONT AVG        N/A             N/A            .956
INTERIOR IOWA MINNESOTA HOG CASH PRICES
WEEK END        Dec12/08     Dec05/08     Dec14/07
US $/CWT           53.42        54.02        54.59
CAN EQVT $/KG      1.715        1.806        1.427
US PORK CARCASS CUTOUT
US $/CWT           60.04        60.41        58.93
HOG FUTURES - US$/CWT       CAN/US$ CLOSE Dec12/2008
MTH   LEAN      CHG            MTH   FUTURES   CHG
DEC   56.02   -1.43            DEC   .8042 +0.0228
FEB   62.27   -1.93            MAR   .8047 +0.0224
APR   67.78   -1.60            JUN   .8059 +0.0216
MAY   75.75   +0.50            SEP   .8071 +0.0204
JUN   77.53   -0.77            DEC   .8074 +0.0199
JUL   76.40   -1.10            MAR   .8077 +0.0194
HOG INDICATORS
WEEK END            Dec06/08   Nov29/08   Dec08/07
  AV DRSD WT US-LBS    203.0      202.0      204.0
FD:HOG RATIO        Dec05/08Nov28/08Dec07/07
  US CORN               16.7       14.6       13.7
                    Dec05/08   Nov28/08   Dec07/07
  ALTA BARLEY           11.0        9.9        8.1
SHEEP AND LAMB PRICES - Most Recent Sale to Dec11/2008
             MARKET LAMBS - FEEDER LAMBS     SHEEP
             (95-115 LBS)   (61-80 LBS)   (ALL WTS.)
ONTARIO      151.20-174.00  147.93-306.00     N/A
TEXAS (US$)        N/A        106.50      41.25$/CWT
MARKET LAMB PRICES - Most Recent Sale to Dec04/2008
CENTRAL ALTA  85.44-127.20
(INNISFAIL)