Weekly Livestock Market Review - January 2, 2009

The next weekly will be published on Friday, January 9, 2009
This information is collected by the Statistics and Data Development Unit

CAN/US $ Jan02  82.60 Dec26  82.47 Jan04/08 100.09
BANK RATE % Dec30  1.75 Dec23  1.75 Jan01/08  4.50

CATTLE SLAUGHTER
WEEK END  Dec27/08(prel)  Dec20/08(prel)  Dec29/07
CANADA         N/A             N/A          39,549
EAST           N/A             N/A           7,652
WEST           N/A             N/A          31,897
ALBERTA        N/A             N/A          29,034
WEEK END  Jan03/09(est)   Dec27/08(est)   Jan05/08
US         507,000         450,000         532,200
CANADIAN CATTLE GRADES
WEEK END  Dec27/08        Dec20/08        Dec29/07
A              N/A             N/A          29,475
B              N/A             N/A             386
D              N/A             N/A           3,336
E              N/A             N/A             321
A GRADE MARBLING (%)
WEEK END  Dec27/08        Dec20/08        Dec29/07
A             N/A%            N/A%            2.1%
AA            N/A%            N/A%           46.8%
AAA           N/A%            N/A%           51.1%
CANADIAN CATTLE CLASSES
WEEK END  Dec27/08(prel)  Dec20/08(prel)  Dec29/07
STEERS         N/A             N/A          18,099
HEIFERS        N/A             N/A          12,078
COWS           N/A             N/A           8,912
BULLS          N/A             N/A             460
CALVES         N/A             N/A           3,617

CATTLE FUTURES - US $/CWT - CLOSE Jan02/2009
MTH   LIVE      CHG            MTH   FEEDER    CHG
FEB   87.10   +1.00            JAN   95.60   +2.77
APR   90.75   +1.90            MAR   95.53   +3.78
JUN   88.00   +3.08            APR   96.15   +3.45
AUG   87.85   +2.72            MAY   97.85   +3.75
OCT   90.80   +2.80            AUG   99.25   +3.30
DEC   92.00   +2.00            SEP   99.75   +3.30
WEEK END        Jan02/09     Dec26/08     Jan04/08
US FSP - US$/CWT   91.96        90.31        99.59

CATTLE INDICATORS
BY PROD VAL     Dec26/08     Dec19/08     Dec28/07
  EAST-$/HEAD        N/A        78.59        79.79
  WEST-$/HEAD        N/A        82.00          N/A
  US-US$/CWT        6.19         5.99         9.83
CURRENTNESS     Dec27/08     Dec20/08     Dec29/07
  ALTA-A1%          N/A%         N/A%        60.7%
  CAN-A1%           N/A%         N/A%        58.5%
FD:STR RATIO    Dec26/08     Dec19/08     Dec28/07
  ALTA BARLEY       23.0         23.3          N/A
                Dec27/08     Dec20/08     Dec29/07
  US CORN           22.0         22.2         21.0

AVG CARCASS WT  Dec27/08     Dec20/08     Dec29/07
  ALTA STR-LBS       N/A          N/A        841.0
  CAN STR-LBS        N/A          N/A        859.0
  US CATTLE-LBS    786.0        786.0        790.0

LATEST CATTLE PRICES - $/CWT
WEEK END  Jan02/09        Dec26/08        Jan04/08
            ALBERTA RAILGRADE SALES
STR-LOW     142.00          143.50          139.00
STR-HIGH    144.35          143.85          141.60
HFR-LOW     144.35          143.85          142.00
HFR-HIGH    144.35          143.85          142.00
            ALBERTA DIRECT SALES
STR-RANGE  83.00-85.75    85.35-87.00    80.85-83.25
AVERAGE        N/A           86.23           82.23
VOLUME         N/A          11,355           8,984
HFR-RANGE  84.50-85.75    85.35-85.35    82.75-84.35
AVERAGE        N/A           85.31           84.19
VOLUME         N/A           4,400           2,865

OPEN MARKET - $/CWT
          Jan02/09        Dec26/08        Jan04/08
          STEERS - A1,2 AND CHOICE 2-4
ONTARIO      N/A-N/A        N/A-N/A      75.20-81.85
NEBRASKA*    N/A-N/A      83.00-85.00    88.00-89.00
          HEIFERS - A1,2 AND CHOICE 2-4
ONTARIO      N/A-N/A        N/A-N/A      64.10-83.85
NEBRASKA*    N/A-N/A      84.50-85.00    88.50-91.50
          COWS - D1,2
CLYDE        N/A-N/A        N/A-N/A        N/A-N/A
SIOUX F*       N/A             N/A           56.00

          800-900 LB FEEDER STEERS
CLYDE        N/A-N/A        N/A-N/A        N/A-N/A
PONOKA       N/A-N/A        N/A-N/A        N/A-N/A
STRATHMOR    N/A-N/A        N/A-N/A        N/A-N/A
ONTARIO      N/A-N/A        N/A-N/A      78.00-87.00
          700-800 LB FEEDER STEERS
CLYDE        N/A-N/A        N/A-N/A        N/A-N/A
PONOKA       N/A-N/A        N/A-N/A      86.00-94.00
STRATHMOR    N/A-N/A        N/A-N/A        N/A-N/A
C.NEBRAS*    N/A-N/A      89.75-97.00    93.25-105.50
          600-700 LB FEEDER STEERS
CLYDE        N/A-N/A        N/A-N/A        N/A-N/A
PONOKA       N/A-N/A        N/A-N/A      90.00-100.00
STRATHMOR    N/A-N/A        N/A-N/A        N/A-N/A
          500-600 LB FEEDER STEERS
CLYDE        N/A-N/A        N/A-N/A        N/A-N/A
PONOKA       N/A-N/A        N/A-N/A      92.00-102.00
STRATHMOR    N/A-N/A        N/A-N/A        N/A-N/A
ONTARIO      N/A-N/A        N/A-N/A      83.00-103.00
          700-800 LB FEEDER HEIFERS
CLYDE        N/A-N/A        N/A-N/A        N/A-N/A
PONOKA       N/A-N/A        N/A-N/A      79.00-84.00
STRATHMOR    N/A-N/A        N/A-N/A        N/A-N/A
          500-600 LB FEEDER HEIFERS
CLYDE        N/A-N/A        N/A-N/A        N/A-N/A
PONOKA       N/A-N/A        N/A-N/A      82.00-92.00
STRATHMOR    N/A-N/A        N/A-N/A        N/A-N/A


NOTE: * denotes price in US Dollars

PRELIM LIVE ANIMAL TRADE - WEEK ENDING Dec19/2008
CATTLE       FROM US     TO US     TO US     TO US
                SLTR      SLTR       FDR      HOGS
CANADA           N/A       N/A       N/A       N/A
EAST             N/A       N/A       N/A       N/A
WEST             N/A       N/A       N/A       N/A

BEEF WHOLESALE PRICES - $/CWT
WEEK ENDING     Jan02/09     Dec26/08     Jan04/08
CALGARY-STRS     N/A-N/A      155-155      N/A-N/A
CDA CUTOUT AAA       N/A          N/A       152.20
CDA CUTOUT AA/A      N/A          N/A       144.52

US BOXED BEEF CUTOUT - US $/CWT
WEEK END        Jan02/09     Dec26/08     Jan04/08
CHOICE 6-900         N/A       144.21       148.05
SELECT 6-900         N/A       134.93       136.97

HOG SLAUGHTER
WEEK END  Dec27/08(prel)  Dec20/08(prel)  Dec29/07
CANADA         N/A             N/A         239,897
EAST           N/A             N/A         144,761
WEST           N/A             N/A          95,136
ALBERTA        N/A             N/A          34,034
WEEK END  Jan03/09(est)   Dec27/08(est)   Jan05/08
US       1,918,000       1,745,000       1,995,700

HOG CASH PRICES - INDEX 100 - $/KG
WEEK END  Jan01/09        Dec25/08        Jan03/08
ALTA AVG       N/A             N/A            .830
ONT AVG        N/A             N/A            .915
INTERIOR IOWA MINNESOTA HOG CASH PRICES
WEEK END        Jan02/09     Dec26/08     Jan04/08
US $/CWT             N/A        49.39        47.29
CAN EQVT $/KG        N/A        1.544        1.218
US PORK CARCASS CUTOUT
US $/CWT           54.82        56.76        56.88
HOG FUTURES - US$/CWT       CAN/US$ CLOSE Jan02/2009
MTH   LEAN      CHG            MTH   FUTURES   CHG
FEB   63.85   +4.90            MAR   .8237 +0.0060
APR   71.28   +4.55            JUN   .8250 +0.0058
MAY   81.45   +3.95            SEP   .8266 +0.0057
JUN   82.25   +4.25            DEC   .8279 +0.0059
JUL   81.35   +2.90            MAR   .8287 +0.0060
AUG   78.35   +1.90            JUN   .8294 +0.0060
HOG INDICATORS
WEEK END            Dec27/08   Dec20/08   Dec29/07
  AV DRSD WT US-LBS    203.0      203.0      205.0
FD:HOG RATIO        Dec26/08Dec19/08Dec28/07
  US CORN               12.8       13.5       11.5
                    Dec26/08   Dec19/08   Dec28/07
  ALTA BARLEY            N/A       11.3        N/A
SHEEP AND LAMB PRICES - Most Recent Sale to Jan01/2009
             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        N/A
MARKET LAMB PRICES - Most Recent Sale to Dec25/2008
CENTRAL ALTA    N/A-    N/A
(INNISFAIL)