CAN/US $ Feb04 101.00 Jan28 100.10 Feb05/10 93.24 BANK RATE % Feb01 1.25 Jan25 1.25 Feb02/10 .50 CATTLE SLAUGHTER WEEK END Jan29/11(prel) Jan22/11(prel) Jan30/10 CANADA 54,683 61,167 62,104 EAST 14,925 15,027 14,753 WEST 39,758 46,140 47,351 ALBERTA N/A N/A 47,206 WEEK END Feb05/11(est) Jan29/11(est) Feb06/10 US 624,000 650,000 641,200 CANADIAN CATTLE GRADES WEEK END Jan29/11 Jan22/11 Jan30/10 A 42,677 48,974 46,978 B 342 398 433 D 4,225 4,172 5,900 E 201 317 244 A GRADE MARBLING (%) WEEK END Jan29/11 Jan22/11 Jan30/10 A 2.0% 1.6% 1.7% AA 39.4% 40.4% 42.7% AAA 58.6% 57.9% 55.6% CANADIAN CATTLE CLASSES WEEK END Jan29/11(prel) Jan22/11(prel) Jan30/10 STEERS 24,390 27,822 28,258 HEIFERS 19,397 22,192 19,865 COWS 10,615 10,741 13,688 BULLS 281 412 293 CALVES 4,547 4,812 5,184 CATTLE FUTURES - US $/CWT - CLOSE Feb04/2011 MTH LIVE CHG MTH FEEDER CHG FEB 108.25 +0.75 MAR 125.00 -1.22 APR 113.03 +0.25 APR 126.72 -0.55 JUN 113.63 +0.25 MAY 127.35 -0.20 AUG 114.30 +0.40 AUG 128.45 -0.05 OCT 117.40 +0.73 SEP 128.50 -0.10 DEC 117.65 +0.30 OCT 128.50 -0.03 WEEK END Feb04/11 Jan28/11 Feb05/10 US FSP - US$/CWT 125.38 125.65 98.43 CATTLE INDICATORS BY PROD VAL Jan28/11 Jan21/11 Jan29/10 EAST-$/HEAD 101.00 101.00 86.00 WEST-$/HEAD N/A N/A N/A US-US$/CWT 12.89 12.76 9.53 CURRENTNESS Jan29/11 Jan22/11 Jan30/10 WEST-A1% 46.7% 44.9% 48.4% CAN-A1% 48.2% 46.6% 49.2% FD:STR RATIO Jan28/11 Jan21/11 Jan29/10 ALTA BARLEY 24.4 24.4 22.9 Jan29/11 Jan22/11 Jan30/10 US CORN 16.8 17.0 24.3 AVG CARCASS WT Jan29/11 Jan22/11 Jan30/10 WEST STR-LBS 851.0 846.0 858.0 CAN STR-LBS 860.0 858.0 868.0 US CATTLE-LBS 786.0 787.0 777.0 LATEST CATTLE PRICES - $/CWT WEEK END Feb04/11 Jan28/11 Feb05/10 ALBERTA RAILGRADE SALES STR-LOW 179.00 172.75 126.50 STR-HIGH 179.85 175.85 130.85 HFR-LOW 179.00 174.50 126.50 HFR-HIGH 179.85 175.85 130.85 ALBERTA DIRECT SALES STR-RANGE 104.45-106.45 102.20-105.00 73.80-76.70 AVERAGE N/A 103.60 77.32 VOLUME N/A 10,903 11,929 HFR-RANGE 106.45-106.45 103.40-103.75 76.50-77.50 AVERAGE N/A 103.05 77.56 VOLUME N/A 6,987 7,370 OPEN MARKET - $/CWT Feb04/11 Jan28/11 Feb05/10 STEERS - A1,2 AND CHOICE 2-4 ONTARIO N/A-N/A 96.20-107.51 78.34-87.06 NEBRASKA* 105.00-105.00 100.00-105.00 82.00-86.00 HEIFERS - A1,2 AND CHOICE 2-4 ONTARIO N/A-N/A 95.38-104.19 79.15-86.59 NEBRASKA* 104.00-105.00 102.00-106.00 83.00-86.00 COWS - D1,2 CLYDE 55.00-65.00 55.00-65.00 40.00-51.00 SIOUX F* 82.00 77.00 50.50 800-900 LB FEEDER STEERS CLYDE 115.00-125.50 115.00-125.00 92.00-98.00 PONOKA 120.00-124.00 118.00-123.00 85.00-96.00 STRATHMOR 110.00-128.00 110.00-125.00 80.00-99.00 ONTARIO N/A-N/A 105.00-124.00 88.00-102.00 700-800 LB FEEDER STEERS CLYDE 120.00-132.75 120.00-132.75 95.00-103.75 PONOKA 123.00-131.00 116.00-132.00 90.00-103.00 STRATHMOR 115.00-134.00 115.00-134.00 85.00-102.00 C.NEBRAS* N/A-N/A 120.25-136.25 93.00-104.25 600-700 LB FEEDER STEERS CLYDE 135.00-145.50 135.00-146.25 105.00-111.75 PONOKA 134.00-138.00 120.00-145.00 94.00-110.00 STRATHMOR 130.00-148.00 130.00-147.00 90.00-106.00 500-600 LB FEEDER STEERS CLYDE 155.00-170.00 148.00-164.50 112.00-122.50 PONOKA 145.00-159.00 145.00-162.00 100.00-115.00 STRATHMOR 135.00-166.00 135.00-166.00 90.00-114.00 ONTARIO N/A-N/A 128.00-151.00 101.00-119.00 700-800 LB FEEDER HEIFERS CLYDE 110.00-123.00 110.00-124.00 85.00-93.75 PONOKA 116.00-123.00 110.00-123.00 82.00-94.00 STRATHMOR 110.00-124.00 110.00-124.00 80.00-97.00 500-600 LB FEEDER HEIFERS CLYDE 130.00-145.50 130.00-142.50 94.00-103.25 PONOKA 138.00-148.00 125.00-142.00 89.00-100.00 STRATHMOR 120.00-144.00 120.00-144.00 84.00-100.00 NOTE: * denotes price in US Dollars PRELIM LIVE ANIMAL TRADE - WEEK ENDING Jan21/2011 CATTLE FROM US TO US TO US TO US SLTR SLTR FDR HOGS CANADA 0 15,465 1,199 22,256 EAST 0 3,860 33 10,161 WEST 0 11,605 1,166 12,095 BEEF WHOLESALE PRICES - $/CWT WEEK ENDING Feb04/11 Jan28/11 Feb05/10 CALGARY-STRS N/A-N/A N/A-N/A N/A-N/A CDA CUTOUT AAA N/A N/A 147.38 CDA CUTOUT AA/A N/A N/A 146.10 US BOXED BEEF CUTOUT - US $/CWT WEEK END Feb04/11 Jan28/11 Feb05/10 CHOICE 6-900 172.40 173.25 139.34 SELECT 6-900 170.87 171.17 136.85 HOG SLAUGHTER WEEK END Jan29/11(prel) Jan22/11(prel) Jan30/10 CANADA 433,267 428,618 439,629 EAST 261,151 263,723 268,186 WEST 172,116 164,895 171,443 ALBERTA 50,679 49,619 56,627 WEEK END Feb05/11(est) Jan29/11(est) Feb06/10 US 2,058,000 2,179,000 2,146,500 HOG CASH PRICES - INDEX 100 - $/KG WEEK END Feb03/11 Jan27/11 Feb04/10 ALTA AVG 1.413 1.361 1.244 ONT AVG N/A 1.539 1.291 INTERIOR IOWA MINNESOTA HOG CASH PRICES WEEK END Feb04/11 Jan28/11 Feb05/10 US $/CWT 80.23 79.29 63.59 CAN EQVT $/KG 1.515 1.511 1.301 US PORK CARCASS CUTOUT US $/CWT 89.17 87.31 68.59 HOG FUTURES - US$/CWT CAN/US$ CLOSE Feb04/2011 MTH LEAN CHG MTH FUTURES CHG FEB 84.50 -1.25 MAR 1.0115 +0.0126 APR 91.65 +0.03 JUN 1.0093 +0.0124 MAY 98.35 +0.10 SEP 1.0064 +0.0123 JUN 100.88 +1.45 DEC 1.0036 +0.0119 JUL 99.47 +1.95 MAR 1.0010 +0.0122 AUG 97.83 +0.73 JUN .9984 +0.0125 HOG INDICATORS WEEK END Jan29/11 Jan22/11 Jan30/10 AV DRSD WT US-LBS 209.0 208.0 204.0 FD:HOG RATIO Jan28/11Jan21/11Jan29/10 US CORN 12.5 12.0 18.8 Jan28/11 Jan21/11 Jan29/10 ALTA BARLEY 11.6 11.5 14.0 SHEEP AND LAMB PRICES - Most Recent Sale to Feb03/2011 MARKET LAMBS - FEEDER LAMBS SHEEP (95-109 LBS) (<80 LBS) (ALL WTS.) ONTARIO 194.15-203.57 202.86-259.50 N/A TEXAS (US$) N/A N/A 83.50$/CWT MARKET LAMB PRICES - Most Recent Sale to Jan27/2011 CENTRAL ALTA N/A- N/A (INNISFAIL)