CAN/US $ May29 91.23 May22 89.02 May30/08 100.58 BANK RATE % May26 .50 May19 .50 May27/08 3.25 CATTLE SLAUGHTER WEEK END May23/09(prel) May16/09(prel) May24/08 CANADA 55,750 60,233 58,699 EAST 11,447 13,979 11,504 WEST 44,303 46,254 47,195 ALBERTA 44,182 46,100 43,162 WEEK END May30/09(est) May23/09(est) May31/08 US 617,000 678,000 623,100 CANADIAN CATTLE GRADES WEEK END May23/09 May16/09 May24/08 A 47,147 49,994 45,968 B 521 682 640 D 3,014 3,455 3,850 E 119 242 212 A GRADE MARBLING (%) WEEK END May23/09 May16/09 May24/08 A 6.4% 4.8% 3.7% AA 56.5% 52.7% 50.0% AAA 37.1% 42.5% 46.3% CANADIAN CATTLE CLASSES WEEK END May23/09(prel) May16/09(prel) May24/08 STEERS 32,338 30,239 30,123 HEIFERS 15,696 21,020 17,185 COWS 7,543 8,673 11,064 BULLS 173 301 327 CALVES 3,969 5,120 4,261 CATTLE FUTURES - US $/CWT - CLOSE May29/2009 MTH LIVE CHG MTH FEEDER CHG JUN 81.33 -1.20 AUG 101.75 -0.17 AUG 81.83 -1.95 SEP 101.70 -0.45 OCT 87.70 -1.85 OCT 101.80 -0.75 DEC 90.03 -1.13 NOV 102.15 -0.80 FEB 91.85 -1.05 JAN 100.68 -1.03 APR 94.05 -0.35 MAR 100.00 -0.30 WEEK END May29/09 May22/09 May30/08 US FSP - US$/CWT 100.52 98.92 109.55 CATTLE INDICATORS BY PROD VAL May22/09 May15/09 May23/08 EAST-$/HEAD 49.00 49.25 79.63 WEST-$/HEAD 77.50 104.00 109.50 US-US$/CWT 6.71 6.36 10.70 CURRENTNESS May23/09 May16/09 May24/08 ALTA-A1% 63.1% 63.6% 68.4% CAN-A1% 63.0% 63.0% 67.8% FD:STR RATIO May22/09 May15/09 May23/08 ALTA BARLEY 23.8 25.0 16.6 May23/09 May16/09 May24/08 US CORN 21.1 20.8 16.9 AVG CARCASS WT May23/09 May16/09 May24/08 ALTA STR-LBS 808.0 809.0 812.0 CAN STR-LBS 815.0 820.0 822.0 US CATTLE-LBS 769.0 771.0 762.0 LATEST CATTLE PRICES - $/CWT WEEK END May29/09 May22/09 May30/08 ALBERTA RAILGRADE SALES STR-LOW 147.00 149.50 147.50 STR-HIGH 150.85 150.85 150.85 HFR-LOW 147.00 149.85 150.50 HFR-HIGH 150.85 150.85 150.85 ALBERTA DIRECT SALES STR-RANGE 88.75-90.45 88.65-91.50 87.45-91.50 AVERAGE N/A 89.27 90.10 VOLUME N/A 17,863 16,775 HFR-RANGE 88.35-90.45 89.25-91.35 86.55-91.50 AVERAGE N/A 89.25 90.70 VOLUME N/A 8,795 5,279 OPEN MARKET - $/CWT May29/09 May22/09 May30/08 STEERS - A1,2 AND CHOICE 2-4 ONTARIO N/A-N/A 95.83-103.83 85.05-92.25 NEBRASKA* 84.50-85.00 85.00-86.00 92.50-95.00 HEIFERS - A1,2 AND CHOICE 2-4 ONTARIO N/A-N/A 89.32-104.31 84.25-91.15 NEBRASKA* 84.00-85.00 85.00-86.00 93.50-95.00 COWS - D1,2 CLYDE 50.00-56.00 50.00-58.00 36.00-46.00 SIOUX F* 57.50 60.00 67.50 800-900 LB FEEDER STEERS CLYDE 93.00-106.75 93.00-104.75 97.00-105.00 PONOKA 96.00-105.50 98.00-108.00 95.00-103.00 STRATHMOR 94.00-104.00 98.00-108.00 80.00-96.00 ONTARIO N/A-N/A 98.00-111.00 82.00-96.00 700-800 LB FEEDER STEERS CLYDE 105.00-117.00 100.00-116.75 98.00-110.50 PONOKA 108.00-116.00 118.00-123.00 102.00-110.00 STRATHMOR 100.00-115.00 105.00-118.00 86.00-103.00 C.NEBRAS* N/A-N/A 95.00-109.00 N/A-N/A 600-700 LB FEEDER STEERS CLYDE 115.00-126.75 115.00-126.75 105.00-115.00 PONOKA 110.00-118.00 118.00-127.00 110.00-118.00 STRATHMOR 115.00-128.00 115.00-128.00 90.00-108.00 500-600 LB FEEDER STEERS CLYDE 120.00-130.00 120.00-130.00 108.00-116.00 PONOKA 120.00-127.00 124.00-131.50 112.00-122.00 STRATHMOR 115.00-138.00 115.00-138.00 90.00-110.00 ONTARIO N/A-N/A 106.00-127.00 86.00-114.00 700-800 LB FEEDER HEIFERS CLYDE 95.00-103.50 95.00-106.50 87.00-93.75 PONOKA 96.00-101.50 97.00-105.00 90.00-95.00 STRATHMOR 90.00-106.00 95.00-108.00 70.00-92.00 500-600 LB FEEDER HEIFERS CLYDE 108.00-117.75 105.00-112.75 95.00-102.50 PONOKA 100.00-109.00 103.00-114.00 92.00-101.00 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 May15/2009 CATTLE FROM US TO US TO US TO US SLTR SLTR FDR HOGS CANADA 0 10,477 3,896 19,259 EAST 0 1,907 193 7,965 WEST 0 8,570 3,703 11,294 BEEF WHOLESALE PRICES - $/CWT WEEK ENDING May29/09 May22/09 May30/08 CALGARY-STRS 171-171 175-175 153-155 CDA CUTOUT AAA N/A N/A 167.11 CDA CUTOUT AA/A N/A N/A 163.53 US BOXED BEEF CUTOUT - US $/CWT WEEK END May29/09 May22/09 May30/08 CHOICE 6-900 145.60 147.03 155.98 SELECT 6-900 139.41 141.91 152.41 HOG SLAUGHTER WEEK END May23/09(prel) May16/09(prel) May24/08 CANADA 339,295 410,634 355,382 EAST 208,253 250,923 213,508 WEST 131,042 159,711 141,874 ALBERTA 40,715 48,584 56,748 WEEK END May30/09(est) May23/09(est) May31/08 US 1,804,000 2,057,000 1,825,300 HOG CASH PRICES - INDEX 100 - $/KG WEEK END May28/09 May21/09 May29/08 ALTA AVG 1.113 1.206 1.292 ONT AVG N/A N/A 1.446 INTERIOR IOWA MINNESOTA HOG CASH PRICES WEEK END May29/09 May22/09 May30/08 US $/CWT 58.84 56.30 72.58 CAN EQVT $/KG 1.206 1.206 1.377 US PORK CARCASS CUTOUT US $/CWT 58.89 59.70 80.27 HOG FUTURES - US$/CWT CAN/US$ CLOSE May29/2009 MTH LEAN CHG MTH FUTURES CHG JUN 63.92 -2.05 JUN .9143 +0.0236 JUL 65.63 -1.95 SEP .9148 +0.0235 AUG 65.97 -2.65 DEC .9154 +0.0234 OCT 61.30 -2.03 MAR .9161 +0.0237 DEC 62.85 -1.60 JUN .9169 +0.0238 FEB 67.28 -1.52 SEP .9177 +0.0239 HOG INDICATORS WEEK END May23/09 May16/09 May24/08 AV DRSD WT US-LBS 204.0 204.0 201.0 FD:HOG RATIO May22/09May15/09May23/08 US CORN 14.2 15.7 14.0 May22/09 May15/09 May23/08 ALTA BARLEY 11.7 12.0 9.1 SHEEP AND LAMB PRICES - Most Recent Sale to May28/2009 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$) N/A 117.50 35.00$/CWT MARKET LAMB PRICES - Most Recent Sale to May21/2009 CENTRAL ALTA 133.92-138.72 (INNISFAIL)