CAN/US $ Jan21 100.55 Jan14 100.97 Jan22/10 94.66 BANK RATE % Jan18 1.25 Jan11 1.25 Jan19/10 .50 CATTLE SLAUGHTER WEEK END Jan15/11(prel) Jan08/11(prel) Jan16/10 CANADA 59,273 52,682 62,240 EAST 15,492 11,418 14,615 WEST 43,781 41,264 47,625 ALBERTA 43,781 41,264 47,485 WEEK END Jan22/11(est) Jan15/11(est) Jan23/10 US 630,000 628,000 669,700 CANADIAN CATTLE GRADES WEEK END Jan15/11 Jan08/11 Jan16/10 A 47,172 42,683 47,542 B 274 338 506 D 4,231 3,922 5,949 E 237 272 231 A GRADE MARBLING (%) WEEK END Jan15/11 Jan08/11 Jan16/10 A 2.5% 2.0% 2.0% AA 46.9% 46.8% 40.5% AAA 50.7% 51.2% 57.5% CANADIAN CATTLE CLASSES WEEK END Jan15/11(prel) Jan08/11(prel) Jan16/10 STEERS 27,194 27,233 30,443 HEIFERS 20,933 16,216 18,291 COWS 10,824 8,926 13,225 BULLS 322 307 281 CALVES 4,824 4,083 4,780 CATTLE FUTURES - US $/CWT - CLOSE Jan21/2011 MTH LIVE CHG MTH FEEDER CHG FEB 107.95 -1.42 JAN 126.35 +0.75 APR 112.68 -1.08 MAR 125.55 -1.75 JUN 112.63 +0.33 APR 126.35 -1.40 AUG 112.97 +0.20 MAY 126.90 -1.22 OCT 115.65 +0.20 AUG 127.50 -0.90 DEC 116.30 -0.30 SEP 127.30 -0.80 WEEK END Jan21/11 Jan14/11 Jan22/10 US FSP - US$/CWT 127.27 125.34 97.22 CATTLE INDICATORS BY PROD VAL Jan14/11 Jan07/11 Jan15/10 EAST-$/HEAD 100.00 100.00 86.00 WEST-$/HEAD N/A N/A N/A US-US$/CWT 12.58 12.42 9.38 CURRENTNESS Jan15/11 Jan08/11 Jan16/10 ALTA-A1% 45.5% 46.6% 49.1% CAN-A1% 47.5% 48.7% 49.2% FD:STR RATIO Jan14/11 Jan07/11 Jan15/10 ALTA BARLEY 24.2 22.9 23.1 Jan15/11 Jan08/11 Jan16/10 US CORN 17.2 18.3 23.9 AVG CARCASS WT Jan15/11 Jan08/11 Jan16/10 ALTA STR-LBS 855.0 856.0 852.0 CAN STR-LBS 861.0 861.0 867.0 US CATTLE-LBS 786.0 783.0 778.0 LATEST CATTLE PRICES - $/CWT WEEK END Jan21/11 Jan14/11 Jan22/10 ALBERTA RAILGRADE SALES STR-LOW 169.50 168.50 129.00 STR-HIGH 173.85 170.85 131.85 HFR-LOW 172.85 169.00 129.00 HFR-HIGH 173.85 170.85 132.70 ALBERTA DIRECT SALES STR-RANGE 100.25-103.65 98.50-98.75 77.55-80.00 AVERAGE N/A 100.03 78.83 VOLUME N/A 10,214 13,793 HFR-RANGE 101.25-103.15 98.50-98.70 75.55-79.00 AVERAGE N/A 99.92 78.11 VOLUME N/A 5,463 6,352 OPEN MARKET - $/CWT Jan21/11 Jan14/11 Jan22/10 STEERS - A1,2 AND CHOICE 2-4 ONTARIO N/A-N/A 94.63-103.86 77.20-85.85 NEBRASKA* 104.00-105.00 106.50-108.00 83.00-84.00 HEIFERS - A1,2 AND CHOICE 2-4 ONTARIO N/A-N/A 92.45-102.21 75.25-85.34 NEBRASKA* 104.00-104.00 106.50-108.50 83.75-85.00 COWS - D1,2 CLYDE 58.00-70.00 55.00-65.00 38.00-43.00 SIOUX F* 72.00 67.75 51.50 800-900 LB FEEDER STEERS CLYDE 115.00-119.75 110.00-117.50 90.00-95.75 PONOKA 112.00-124.00 112.00-124.00 90.00-99.00 STRATHMOR 110.00-121.00 105.00-119.00 80.00-96.00 ONTARIO N/A-N/A 101.00-122.00 83.00-99.00 700-800 LB FEEDER STEERS CLYDE 118.00-126.75 115.00-122.75 94.00-101.00 PONOKA 118.00-133.00 114.00-126.00 92.00-100.00 STRATHMOR 108.00-128.00 108.00-122.00 85.00-99.00 C.NEBRAS* N/A-N/A 120.75-139.10 92.50-108.85 600-700 LB FEEDER STEERS CLYDE 130.00-145.25 122.00-132.25 100.00-107.25 PONOKA 125.00-140.00 120.00-134.00 96.00-105.50 STRATHMOR 125.00-141.00 115.00-134.00 90.00-106.00 500-600 LB FEEDER STEERS CLYDE 145.00-161.00 135.00-149.25 110.00-122.00 PONOKA 140.00-160.00 127.00-144.00 102.00-117.00 STRATHMOR 125.00-148.00 125.00-140.00 90.00-114.00 ONTARIO N/A-N/A 119.00-145.00 93.00-118.00 700-800 LB FEEDER HEIFERS CLYDE 105.00-118.75 100.00-112.75 85.00-90.00 PONOKA 114.00-122.00 108.00-114.00 83.00-91.75 STRATHMOR 104.00-122.00 104.00-118.00 80.00-93.00 500-600 LB FEEDER HEIFERS CLYDE 125.00-137.00 120.00-134.00 94.00-102.00 PONOKA 125.00-140.00 112.00-134.00 85.00-98.50 STRATHMOR 110.00-132.00 110.00-130.00 84.00-100.00 NOTE: * denotes price in US Dollars PRELIM LIVE ANIMAL TRADE - WEEK ENDING Dec24/2010 CATTLE FROM US TO US TO US TO US SLTR SLTR FDR HOGS CANADA 0 9,298 540 20,002 EAST 0 3,956 33 9,958 WEST 0 5,342 507 10,044 BEEF WHOLESALE PRICES - $/CWT WEEK ENDING Jan21/11 Jan14/11 Jan22/10 CALGARY-STRS N/A-N/A N/A-N/A N/A-N/A CDA CUTOUT AAA N/A 159.02 143.98 CDA CUTOUT AA/A N/A 157.38 145.20 US BOXED BEEF CUTOUT - US $/CWT WEEK END Jan21/11 Jan14/11 Jan22/10 CHOICE 6-900 172.52 168.24 144.95 SELECT 6-900 169.56 163.35 140.46 HOG SLAUGHTER WEEK END Jan15/11(prel) Jan08/11(prel) Jan16/10 CANADA 434,284 401,300 432,383 EAST 271,463 244,219 261,861 WEST 162,821 157,081 170,522 ALBERTA 54,468 54,558 56,848 WEEK END Jan22/11(est) Jan15/11(est) Jan23/10 US 2,166,000 2,135,000 2,177,000 HOG CASH PRICES - INDEX 100 - $/KG WEEK END Jan20/11 Jan13/11 Jan21/10 ALTA AVG 1.322 1.290 1.254 ONT AVG N/A 1.485 1.262 INTERIOR IOWA MINNESOTA HOG CASH PRICES WEEK END Jan21/11 Jan14/11 Jan22/10 US $/CWT 74.59 73.42 65.88 CAN EQVT $/KG 1.415 1.387 1.328 US PORK CARCASS CUTOUT US $/CWT 85.64 82.39 77.01 HOG FUTURES - US$/CWT CAN/US$ CLOSE Jan21/2011 MTH LEAN CHG MTH FUTURES CHG FEB 80.33 +0.80 MAR 1.0042 -0.0052 APR 86.58 +1.30 JUN 1.0020 -0.0049 MAY 95.13 +2.15 SEP .9991 -0.0045 JUN 97.53 +2.05 DEC .9963 -0.0043 JUL 96.47 +2.05 MAR .9934 -0.0042 AUG 95.92 +2.35 JUN .9905 -0.0041 HOG INDICATORS WEEK END Jan15/11 Jan08/11 Jan16/10 AV DRSD WT US-LBS 207.0 207.0 202.0 FD:HOG RATIO Jan14/11Jan07/11Jan15/10 US CORN 11.9 12.4 18.3 Jan14/11 Jan07/11 Jan15/10 ALTA BARLEY 11.3 10.9 13.2 SHEEP AND LAMB PRICES - Most Recent Sale to Jan20/2011 MARKET LAMBS - FEEDER LAMBS SHEEP (95-109 LBS) (<80 LBS) (ALL WTS.) ONTARIO 180.89-210.41 185.00-275.03 N/A TEXAS (US$) N/A N/A 86.00$/CWT MARKET LAMB PRICES - Most Recent Sale to Jan13/2011 CENTRAL ALTA 145.92-145.92 (INNISFAIL)