Weekly Livestock Market Review - February 27, 2009

The next weekly will be published on Friday, March 6, 2009
This information is collected by the Statistics and Data Development Unit

CAN/US $ Feb27  80.28 Feb20  79.74 Feb29/08 102.06
BANK RATE % Feb24  1.25 Feb17  1.25 Feb26/08  4.25

CATTLE SLAUGHTER
WEEK END  Feb21/09(prel)  Feb14/09(prel)  Feb23/08
CANADA      55,385          63,622          58,537
EAST        12,098          14,359          14,407
WEST        43,287          49,263          44,130
ALBERTA     39,187          44,020          40,214
WEEK END  Feb28/09(est)   Feb21/09(est)   Mar01/08
US         618,000         615,000         632,100
CANADIAN CATTLE GRADES
WEEK END  Feb21/09        Feb14/09        Feb23/08
A           41,356          47,565          41,220
B              646             577             514
D            4,300           5,879           5,196
E              130              79             229
A GRADE MARBLING (%)
WEEK END  Feb21/09        Feb14/09        Feb23/08
A             1.9%            2.2%            2.1%
AA           43.4%           47.5%           37.2%
AAA          54.8%           50.3%           60.7%
CANADIAN CATTLE CLASSES
WEEK END  Feb21/09(prel)  Feb14/09(prel)  Feb23/08
STEERS      21,779          27,235          20,883
HEIFERS     21,005          21,505          21,725
COWS        12,377          14,727          15,583
BULLS          224             155             346
CALVES       4,624           5,031           4,881

CATTLE FUTURES - US $/CWT - CLOSE Feb27/2009
MTH   LIVE      CHG            MTH   FEEDER    CHG
FEB   82.53   +1.85            MAR   92.60   +4.22
APR   85.92   +2.50            APR   93.88   +4.05
JUN   83.90   +2.35            MAY   95.50   +3.85
AUG   84.22   +2.45            AUG   98.70   +3.70
OCT   88.22   +2.67            SEP   99.00   +3.70
DEC   89.92   +2.38            OCT   99.00   +3.70
WEEK END        Feb27/09     Feb20/09     Feb29/08
US FSP - US$/CWT     N/A        92.89       103.42

CATTLE INDICATORS
BY PROD VAL     Feb20/09     Feb13/09     Feb22/08
  EAST-$/HEAD      65.57        65.57        78.00
  WEST-$/HEAD      77.00        77.50        98.00
  US-US$/CWT        6.64         6.89        10.80
CURRENTNESS     Feb21/09     Feb14/09     Feb23/08
  ALTA-A1%         52.0%        57.6%        56.0%
  CAN-A1%          54.3%        57.5%        57.6%
FD:STR RATIO    Feb20/09     Feb13/09     Feb22/08
  ALTA BARLEY       23.8         23.8         18.2
                Feb21/09     Feb14/09     Feb23/08
  US CORN           23.1         23.5         18.0

AVG CARCASS WT  Feb21/09     Feb14/09     Feb23/08
  ALTA STR-LBS     836.0        834.0        850.0
  CAN STR-LBS      839.0        841.0        862.0
  US CATTLE-LBS    789.0        786.0        777.0

LATEST CATTLE PRICES - $/CWT
WEEK END  Feb27/09        Feb20/09        Feb29/08
            ALBERTA RAILGRADE SALES
STR-LOW     148.00          144.00          140.80
STR-HIGH    150.00          146.85          142.85
HFR-LOW     148.00          144.00          142.50
HFR-HIGH    149.35          146.85          142.85
            ALBERTA DIRECT SALES
STR-RANGE  86.30-88.50    84.00-86.00    80.45-85.25
AVERAGE        N/A           85.10           85.27
VOLUME         N/A           9,148          11,250
HFR-RANGE  87.85-N/A      85.00-86.30    82.75-84.95
AVERAGE        N/A           85.86           84.58
VOLUME         N/A           5,905           9,196

OPEN MARKET - $/CWT
          Feb27/09        Feb20/09        Feb29/08
          STEERS - A1,2 AND CHOICE 2-4
ONTARIO      N/A-N/A      92.56-100.89   81.20-86.55
NEBRASKA*  80.00-80.00    77.00-78.00    92.00-93.50
          HEIFERS - A1,2 AND CHOICE 2-4
ONTARIO      N/A-N/A      88.09-100.00   80.05-85.85
NEBRASKA*  80.00-81.00    77.50-80.00    91.00-93.50
          COWS - D1,2
CLYDE        N/A-N/A      45.00-55.00    34.00-43.50
SIOUX F*     45.50           45.50           64.00

          800-900 LB FEEDER STEERS
CLYDE      95.00-100.00   95.00-101.00   80.00-88.00
PONOKA     95.00-102.00   95.00-104.00   82.00-86.50
STRATHMOR    N/A-N/A      85.00-104.00   75.00-88.00
ONTARIO    96.00-105.00     N/A-N/A      82.00-93.00
          700-800 LB FEEDER STEERS
CLYDE      98.00-105.00   98.00-104.00   85.00-92.50
PONOKA     98.00-106.00   96.00-107.00   85.00-90.00
STRATHMOR    N/A-N/A      90.00-107.00   82.00-92.00
C.NEBRAS*    N/A-N/A      75.50-101.00   94.50-113.00
          600-700 LB FEEDER STEERS
CLYDE     105.00-112.00  105.00-113.75   96.00-104.00
PONOKA    110.00-117.00  109.00-117.50   90.00-97.00
STRATHMOR    N/A-N/A      92.00-114.00   80.00-105.00
          500-600 LB FEEDER STEERS
CLYDE     110.00-121.50  110.00-123.50  105.00-112.00
PONOKA    115.00-123.00  117.00-125.00   97.00-108.00
STRATHMOR    N/A-N/A      95.00-128.00   95.00-110.00
ONTARIO    94.00-120.00     N/A-N/A      96.00-113.00
          700-800 LB FEEDER HEIFERS
CLYDE      90.00-95.50    90.00-97.50    75.00-85.50
PONOKA     90.00-96.00    85.00-97.00    79.00-83.50
STRATHMOR    N/A-N/A      80.00-98.00    70.00-86.00
          500-600 LB FEEDER HEIFERS
CLYDE      95.00-108.00   95.00-108.00   85.00-99.00
PONOKA     98.00-105.00   98.00-106.50   84.00-89.75
STRATHMOR    N/A-N/A      75.00-105.00   75.00-95.00


NOTE: * denotes price in US Dollars

PRELIM LIVE ANIMAL TRADE - WEEK ENDING Feb20/2009
CATTLE       FROM US     TO US     TO US     TO US
                SLTR      SLTR       FDR      HOGS
CANADA             0    16,019     8,327    20,577
EAST               0     3,722        18     9,620
WEST               0    12,297     8,309    10,957

BEEF WHOLESALE PRICES - $/CWT
WEEK ENDING     Feb27/09     Feb20/09     Feb29/08
CALGARY-STRS     159-160      157-160      142-143
CDA CUTOUT AAA       N/A          N/A       155.56
CDA CUTOUT AA/A      N/A          N/A       154.83

US BOXED BEEF CUTOUT - US $/CWT
WEEK END        Feb27/09     Feb20/09     Feb29/08
CHOICE 6-900      133.30       134.76       149.41
SELECT 6-900      132.00       134.27       146.67

HOG SLAUGHTER
WEEK END  Feb21/09(prel)  Feb14/09(prel)  Feb23/08
CANADA     414,042         416,874         409,040
EAST       266,690         273,555         264,991
WEST       147,352         143,319         144,049
ALBERTA     51,473          50,649          57,681
WEEK END  Feb28/09(est)   Feb21/09(est)   Mar01/08
US       2,179,000       2,214,000       2,191,100

HOG CASH PRICES - INDEX 100 - $/KG
WEEK END  Feb26/09        Feb19/09        Feb28/08
ALTA AVG       N/A           1.316           1.014
ONT AVG        N/A             N/A           1.035
INTERIOR IOWA MINNESOTA HOG CASH PRICES
WEEK END        Feb27/09     Feb20/09     Feb29/08
US $/CWT           54.45        57.14        56.94
CAN EQVT $/KG      1.748        1.847        1.438
US PORK CARCASS CUTOUT
US $/CWT           56.35        57.00        60.45
HOG FUTURES - US$/CWT       CAN/US$ CLOSE Feb27/2009
MTH   LEAN      CHG            MTH   FUTURES   CHG
APR   60.90   +2.95            MAR   .7875 -0.0131
MAY   71.35   +1.85            JUN   .7881 -0.0131
JUN   72.53   +1.55            SEP   .7896 -0.0124
JUL   74.35   +2.77            DEC   .7907 -0.0120
AUG   74.55   +3.50            MAR   .7911 -0.0118
OCT   66.90   +3.55            JUN   .7915 -0.0116
HOG INDICATORS
WEEK END            Feb21/09   Feb14/09   Feb23/08
  AV DRSD WT US-LBS    204.0      204.0      203.0
FD:HOG RATIO        Feb20/09Feb13/09Feb22/08
  US CORN               17.5       17.0       11.8
                    Feb20/09   Feb13/09   Feb22/08
  ALTA BARLEY           13.4       12.0        8.0
SHEEP AND LAMB PRICES - Most Recent Sale to Feb26/2009
             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$)        N/A           N/A      38.75$/CWT
MARKET LAMB PRICES - Most Recent Sale to Feb19/2009
CENTRAL ALTA  79.68-127.20
(INNISFAIL)