CAN/US $ May22 89.02 May15 85.06 May23/08 101.18 BANK RATE % May19 .50 May12 .50 May20/08 3.25 CATTLE SLAUGHTER WEEK END May16/09(prel) May09/09(prel) May17/08 CANADA 60,233 60,965 62,105 EAST 13,979 14,309 13,698 WEST 46,254 46,656 48,407 ALBERTA 46,100 46,513 43,781 WEEK END May23/09(est) May16/09(est) May24/08 US 678,000 672,000 721,400 CANADIAN CATTLE GRADES WEEK END May16/09 May09/09 May17/08 A 49,994 50,140 48,420 B 682 641 690 D 3,455 3,887 4,385 E 242 205 284 A GRADE MARBLING (%) WEEK END May16/09 May09/09 May17/08 A 4.8% 4.5% 3.1% AA 52.7% 51.5% 50.2% AAA 42.5% 44.0% 46.7% CANADIAN CATTLE CLASSES WEEK END May16/09(prel) May09/09(prel) May17/08 STEERS 30,239 31,599 32,457 HEIFERS 21,020 19,756 17,298 COWS 8,673 9,309 11,961 BULLS 301 301 389 CALVES 5,120 4,760 5,333 CATTLE FUTURES - US $/CWT - CLOSE May22/2009 MTH LIVE CHG MTH FEEDER CHG JUN 82.53 +0.15 AUG 101.93 +0.27 AUG 83.78 +1.25 SEP 102.15 +0.18 OCT 89.55 +1.52 OCT 102.55 +0.40 DEC 91.15 +0.63 NOV 102.95 +0.23 FEB 92.90 +1.08 JAN 101.70 +0.45 APR 94.40 +1.70 MAR 100.30 -0.60 WEEK END May22/09 May15/09 May23/08 US FSP - US$/CWT 98.92 99.37 107.80 CATTLE INDICATORS BY PROD VAL May15/09 May08/09 May16/08 EAST-$/HEAD 49.25 49.25 79.41 WEST-$/HEAD 104.00 77.50 108.50 US-US$/CWT 6.36 5.87 10.65 CURRENTNESS May16/09 May09/09 May17/08 ALTA-A1% 63.6% 62.5% 68.6% CAN-A1% 63.0% 62.0% 67.8% FD:STR RATIO May15/09 May08/09 May16/08 ALTA BARLEY 25.0 25.5 17.2 May16/09 May09/09 May17/08 US CORN 20.8 21.1 16.7 AVG CARCASS WT May16/09 May09/09 May17/08 ALTA STR-LBS 809.0 800.0 802.0 CAN STR-LBS 820.0 812.0 819.0 US CATTLE-LBS 771.0 774.0 763.0 LATEST CATTLE PRICES - $/CWT WEEK END May22/09 May15/09 May23/08 ALBERTA RAILGRADE SALES STR-LOW 149.50 150.50 148.00 STR-HIGH 150.85 154.85 151.85 HFR-LOW 149.85 150.85 148.00 HFR-HIGH 150.85 154.85 151.85 ALBERTA DIRECT SALES STR-RANGE 88.65-91.50 87.15-91.00 88.75-91.75 AVERAGE N/A 89.75 90.43 VOLUME N/A 11,453 14,763 HFR-RANGE 89.25-91.35 88.75-89.75 88.40-91.35 AVERAGE N/A 88.76 90.11 VOLUME N/A 7,589 6,097 OPEN MARKET - $/CWT May22/09 May15/09 May23/08 STEERS - A1,2 AND CHOICE 2-4 ONTARIO N/A-N/A 93.49-104.47 82.40-89.90 NEBRASKA* 85.00-86.00 84.50-86.00 93.50-94.00 HEIFERS - A1,2 AND CHOICE 2-4 ONTARIO N/A-N/A 93.15-103.44 81.40-89.25 NEBRASKA* 85.00-86.00 85.00-86.00 93.50-94.50 COWS - D1,2 CLYDE 50.00-58.00 50.00-55.00 36.00-46.00 SIOUX F* 60.00 60.50 64.50 800-900 LB FEEDER STEERS CLYDE 93.00-104.75 96.00-106.00 94.00-101.25 PONOKA 98.00-108.00 92.00-107.00 94.00-97.00 STRATHMOR 98.00-108.00 98.00-108.00 80.00-98.00 ONTARIO N/A-N/A 95.00-110.00 84.00-95.00 700-800 LB FEEDER STEERS CLYDE 100.00-116.75 100.00-114.50 92.00-109.50 PONOKA 118.00-123.00 105.00-120.00 94.00-109.00 STRATHMOR 105.00-118.00 105.00-118.00 86.00-103.00 C.NEBRAS* N/A-N/A 96.00-112.00 110.00-113.50 600-700 LB FEEDER STEERS CLYDE 115.00-126.75 115.00-123.00 105.00-114.25 PONOKA 118.00-127.00 115.00-125.00 95.00-110.50 STRATHMOR 115.00-128.00 115.00-128.00 90.00-112.00 500-600 LB FEEDER STEERS CLYDE 120.00-130.00 120.00-127.50 108.00-116.00 PONOKA 124.00-131.50 120.00-131.00 108.00-122.00 STRATHMOR 115.00-138.00 115.00-138.00 90.00-110.00 ONTARIO N/A-N/A 104.00-130.00 82.00-109.00 700-800 LB FEEDER HEIFERS CLYDE 95.00-106.50 95.00-106.50 87.00-94.00 PONOKA 97.00-105.00 98.00-106.00 84.00-90.50 STRATHMOR 95.00-108.00 95.00-108.00 70.00-92.00 500-600 LB FEEDER HEIFERS CLYDE 105.00-112.75 105.00-114.25 95.00-106.00 PONOKA 103.00-114.00 107.00-113.00 88.00-98.00 STRATHMOR 95.00-115.00 95.00-115.00 75.00-97.00 NOTE: * denotes price in US Dollars PRELIM LIVE ANIMAL TRADE - WEEK ENDING May08/2009 CATTLE FROM US TO US TO US TO US SLTR SLTR FDR HOGS CANADA 0 9,198 4,295 18,535 EAST 0 2,126 66 8,168 WEST 0 7,072 4,229 10,367 BEEF WHOLESALE PRICES - $/CWT WEEK ENDING May22/09 May15/09 May23/08 CALGARY-STRS 175-175 175-175 153-155 CDA CUTOUT AAA N/A N/A 163.70 CDA CUTOUT AA/A N/A N/A 164.92 US BOXED BEEF CUTOUT - US $/CWT WEEK END May22/09 May15/09 May23/08 CHOICE 6-900 147.03 146.14 156.32 SELECT 6-900 141.91 142.93 152.58 HOG SLAUGHTER WEEK END May16/09(prel) May09/09(prel) May17/08 CANADA 410,634 380,747 403,302 EAST 250,923 243,520 249,573 WEST 159,711 137,227 153,729 ALBERTA 48,584 46,060 51,661 WEEK END May23/09(est) May16/09(est) May24/08 US 2,057,000 2,076,000 2,100,600 HOG CASH PRICES - INDEX 100 - $/KG WEEK END May21/09 May14/09 May22/08 ALTA AVG N/A 1.183 1.362 ONT AVG N/A N/A 1.479 INTERIOR IOWA MINNESOTA HOG CASH PRICES WEEK END May22/09 May15/09 May23/08 US $/CWT 56.30 63.22 78.00 CAN EQVT $/KG 1.206 1.418 1.471 US PORK CARCASS CUTOUT US $/CWT 60.24 60.66 81.10 HOG FUTURES - US$/CWT CAN/US$ CLOSE May22/2009 MTH LEAN CHG MTH FUTURES CHG JUN 65.97 -0.55 JUN .8907 +0.0428 JUL 67.58 -1.00 SEP .8913 +0.0428 AUG 68.63 -0.13 DEC .8920 +0.0428 OCT 63.33 -0.17 MAR .8924 +0.0428 DEC 64.45 +0.88 JUN .8931 +0.0427 FEB 68.80 +1.22 SEP .8938 +0.0426 HOG INDICATORS WEEK END May16/09 May09/09 May17/08 AV DRSD WT US-LBS 204.0 204.0 202.0 FD:HOG RATIO May15/09May08/09May16/08 US CORN 15.7 13.7 14.6 May15/09 May08/09 May16/08 ALTA BARLEY 11.9 11.2 9.3 SHEEP AND LAMB PRICES - Most Recent Sale to May21/2009 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 May14/2009 CENTRAL ALTA 131.52-140.16 (INNISFAIL)