Weekly Livestock Market Review - December 19, 2008

The next weekly will be published on Friday, January 2, 2009
This information is collected by the Statistics and Data Development Unit

CAN/US $ Dec19  81.47 Dec12  80.31 Dec21/07 100.56
BANK RATE % Dec16  1.75 Dec09  1.75 Dec18/07  4.50

CATTLE SLAUGHTER
WEEK END  Dec13/08(prel)  Dec06/08(prel)  Dec15/07
CANADA      65,943          56,952          61,287
EAST        14,966          15,237          15,675
WEST        50,977          41,715          45,612
ALBERTA     45,855          36,649          41,110
WEEK END  Dec20/08(est)   Dec13/08(est)   Dec22/07
US         592,000         607,000         658,600
CANADIAN CATTLE GRADES
WEEK END  Dec13/08        Dec06/08        Dec15/07
A           46,087          38,696          41,268
B              478             520             948
D            7,060           6,546           6,723
E              326             503             611
A GRADE MARBLING (%)
WEEK END  Dec13/08        Dec06/08        Dec15/07
A             2.6%            3.1%            1.9%
AA           50.5%           50.7%           47.4%
AAA          46.9%           46.2%           50.7%
CANADIAN CATTLE CLASSES
WEEK END  Dec13/08(prel)  Dec06/08(prel)  Dec15/07
STEERS      27,764          24,793          24,201
HEIFERS     19,351          14,922          18,543
COWS        18,389          16,577          17,676
BULLS          439             660             867
CALVES       5,199           5,218           5,195

CATTLE FUTURES - US $/CWT - CLOSE Dec19/2008
MTH   LIVE      CHG            MTH   FEEDER    CHG
DEC   86.10   +2.77            JAN   93.50   +6.33
FEB   86.78   +3.98            MAR   93.22   +6.77
APR   89.20   +4.25            APR   94.25   +7.13
JUN   85.58   +3.83            MAY   95.10   +6.35
AUG   85.38   +4.22            AUG   96.13   +5.13
OCT   88.40   +4.25            SEP   96.50   +5.20
WEEK END        Dec19/08     Dec12/08     Dec21/07
US FSP - US$/CWT   91.17        88.57       103.66

CATTLE INDICATORS
BY PROD VAL     Dec12/08     Dec05/08     Dec14/07
  EAST-$/HEAD      78.69        79.48        79.79
  WEST-$/HEAD      91.50       106.50        99.50
  US-US$/CWT        6.06         6.96         9.83
CURRENTNESS     Dec13/08     Dec06/08     Dec15/07
  ALTA-A1%         57.5%        63.4%        66.1%
  CAN-A1%          57.8%        62.6%        62.8%
FD:STR RATIO    Dec12/08     Dec05/08     Dec14/07
  ALTA BARLEY       22.9         23.5         20.6
                Dec13/08     Dec06/08     Dec15/07
  US CORN           24.6         26.6         22.1

AVG CARCASS WT  Dec13/08     Dec06/08     Dec15/07
  ALTA STR-LBS     834.0        835.0        841.0
  CAN STR-LBS      839.0        842.0        867.0
  US CATTLE-LBS    785.0        783.0        793.0

LATEST CATTLE PRICES - $/CWT
WEEK END  Dec19/08        Dec12/08        Dec21/07
            ALBERTA RAILGRADE SALES
STR-LOW     143.50          149.00          138.00
STR-HIGH    144.00          151.85          141.00
HFR-LOW     141.00          149.25          139.50
HFR-HIGH    143.85          150.50          141.00
            ALBERTA DIRECT SALES
STR-RANGE    N/A-N/A      88.35-89.50    82.00-84.50
AVERAGE        N/A           88.94           83.39
VOLUME         N/A           8,468          10,689
HFR-RANGE    N/A-N/A        N/A-N/A      82.55-84.05
AVERAGE        N/A           88.96           83.55
VOLUME         N/A           3,099           3,197

OPEN MARKET - $/CWT
          Dec19/08        Dec12/08        Dec21/07
          STEERS - A1,2 AND CHOICE 2-4
ONTARIO      N/A-N/A      97.07-104.71   72.70-80.95
NEBRASKA*  81.50-82.50    81.00-84.00    89.00-90.00
          HEIFERS - A1,2 AND CHOICE 2-4
ONTARIO      N/A-N/A      95.24-103.07   68.45-80.55
NEBRASKA*  82.00-82.50    82.00-84.00    89.00-90.00
          COWS - D1,2
CLYDE      33.00-40.00    33.00-40.00    26.00-34.00
SIOUX F*     51.00           42.50           55.00

          800-900 LB FEEDER STEERS
CLYDE      88.00-90.75    88.00-99.00    85.00-93.00
PONOKA     86.00-93.00    84.00-92.00    88.00-94.00
STRATHMOR  85.00-98.00    85.00-98.00    80.00-96.00
ONTARIO      N/A-N/A      86.00-100.00   84.00-92.00
          700-800 LB FEEDER STEERS
CLYDE      88.00-97.00    88.00-95.50    85.00-93.50
PONOKA     92.00-100.00   81.00-91.00    86.00-92.00
STRATHMOR  90.00-102.00   90.00-102.00   80.00-98.00
C.NEBRAS*    N/A-N/A      85.00-97.25    92.75-116.35
          600-700 LB FEEDER STEERS
CLYDE      95.00-101.25   95.00-101.75   92.00-100.75
PONOKA     98.00-107.00   85.00-100.00   90.00-98.50
STRATHMOR  92.00-102.00   92.00-102.00   85.00-103.00
          500-600 LB FEEDER STEERS
CLYDE      98.00-110.00   98.00-110.75  100.00-110.75
PONOKA    106.00-114.00   95.00-106.00   98.00-109.00
STRATHMOR  95.00-110.00   95.00-110.00   90.00-115.00
ONTARIO      N/A-N/A      89.00-117.00   83.00-108.00
          700-800 LB FEEDER HEIFERS
CLYDE      78.00-83.25    80.00-84.25    78.00-87.00
PONOKA     82.00-88.00    83.00-87.50    78.00-84.00
STRATHMOR  80.00-94.00    80.00-94.00    75.00-88.00
          500-600 LB FEEDER HEIFERS
CLYDE      85.00-96.75    85.00-90.75    84.00-96.00
PONOKA     90.00-98.00    73.00-88.00    85.00-95.00
STRATHMOR  75.00-100.00   75.00-100.00   80.00-96.00


NOTE: * denotes price in US Dollars

PRELIM LIVE ANIMAL TRADE - WEEK ENDING Dec12/2008
CATTLE       FROM US     TO US     TO US     TO US
                SLTR      SLTR       FDR      HOGS
CANADA             0    15,875     5,898    26,567
EAST               0     4,980         0    11,446
WEST               0    10,895     5,898    15,121

BEEF WHOLESALE PRICES - $/CWT
WEEK ENDING     Dec19/08     Dec12/08     Dec21/07
CALGARY-STRS     157-158      160-162      142-143
CDA CUTOUT AAA       N/A          N/A       150.00
CDA CUTOUT AA/A      N/A          N/A       144.93

US BOXED BEEF CUTOUT - US $/CWT
WEEK END        Dec19/08     Dec12/08     Dec21/07
CHOICE 6-900      143.08       143.13       149.29
SELECT 6-900      134.82       133.57       136.51

HOG SLAUGHTER
WEEK END  Dec13/08(prel)  Dec06/08(prel)  Dec15/07
CANADA     450,979         443,259         440,911
EAST       283,520         275,643         283,489
WEST       167,459         167,616         157,422
ALBERTA     54,859          52,435          60,413
WEEK END  Dec20/08(est)   Dec13/08(est)   Dec22/07
US       2,379,000       2,335,000       2,469,800

HOG CASH PRICES - INDEX 100 - $/KG
WEEK END  Dec18/08        Dec11/08        Dec20/07
ALTA AVG     1.152           1.217            .958
ONT AVG        N/A             N/A            .983
INTERIOR IOWA MINNESOTA HOG CASH PRICES
WEEK END        Dec19/08     Dec12/08     Dec21/07
US $/CWT           50.29        53.42        50.88
CAN EQVT $/KG      1.591        1.715        1.304
US PORK CARCASS CUTOUT
US $/CWT           57.92        60.45        58.38
HOG FUTURES - US$/CWT       CAN/US$ CLOSE Dec19/2008
MTH   LEAN      CHG            MTH   FUTURES   CHG
FEB   61.70   -0.57            MAR   .8175 +0.0128
APR   69.45   +1.67            JUN   .8185 +0.0126
MAY   78.47   +2.72            SEP   .8199 +0.0128
JUN   79.60   +2.07            DEC   .8201 +0.0127
JUL   79.17   +2.77            MAR   .8203 +0.0126
AUG   76.88   +1.92            JUN   .8205     N/A
HOG INDICATORS
WEEK END            Dec13/08   Dec06/08   Dec15/07
  AV DRSD WT US-LBS    203.0      203.0      204.0
FD:HOG RATIO        Dec12/08Dec05/08Dec14/07
  US CORN               15.7       16.7       13.1
                    Dec12/08   Dec05/08   Dec14/07
  ALTA BARLEY           11.4       11.0        8.4
SHEEP AND LAMB PRICES - Most Recent Sale to Dec18/2008
             MARKET LAMBS - FEEDER LAMBS     SHEEP
             (95-115 LBS)   (61-80 LBS)   (ALL WTS.)
ONTARIO      137.60-180.00  153.59-365.00     N/A
TEXAS (US$)        N/A        106.50      36.50$/CWT
MARKET LAMB PRICES - Most Recent Sale to Dec11/2008
CENTRAL ALTA  99.36-122.88
(INNISFAIL)