CAN/US $ Apr22 105.05 Apr15 104.00 Apr23/10 99.73 BANK RATE % Apr19 1.25 Apr12 1.25 Apr20/10 .50 CATTLE SLAUGHTER WEEK END Apr16/11(prel) Apr09/11(prel) Apr17/10 CANADA 56,719 52,167 60,453 EAST 14,261 14,895 17,198 WEST 42,458 37,272 43,255 ALBERTA N/A N/A 43,129 WEEK END Apr23/11(est) Apr16/11(est) Apr24/10 US 507,000 640,000 646,800 CANADIAN CATTLE GRADES WEEK END Apr16/11 Apr09/11 Apr17/10 A 45,498 41,448 49,015 B 318 392 668 D 3,525 2,984 4,241 E 599 326 478 A GRADE MARBLING (%) WEEK END Apr16/11 Apr09/11 Apr17/10 A 2.4% 2.4% 2.4% AA 38.8% 35.7% 43.0% AAA 58.8% 61.9% 54.6% CANADIAN CATTLE CLASSES WEEK END Apr16/11(prel) Apr09/11(prel) Apr17/10 STEERS 24,859 19,918 28,368 HEIFERS 21,996 23,043 22,098 COWS 9,221 8,801 9,433 BULLS 643 405 554 CALVES 4,608 4,922 5,055 CATTLE FUTURES - US $/CWT - CLOSE Apr22/2011 MTH LIVE CHG MTH FEEDER CHG APR 118.40 +1.00 APR 132.28 +0.13 JUN 115.22 -0.08 MAY 132.97 -0.33 AUG 116.68 -0.58 AUG 136.95 +0.42 OCT 121.47 -0.35 SEP 138.10 +1.20 DEC 122.88 +0.00 OCT 138.20 +1.30 FEB 123.05 +0.33 NOV 138.20 +1.20 WEEK END Apr22/11 Apr15/11 Apr23/10 US FSP - US$/CWT 132.40 134.37 112.39 CATTLE INDICATORS BY PROD VAL Apr15/11 Apr08/11 Apr16/10 EAST-$/HEAD 112.00 112.00 93.00 WEST-$/HEAD N/A N/A N/A US-US$/CWT 13.72 13.61 10.52 CURRENTNESS Apr16/11 Apr09/11 Apr17/10 WEST-A1% 52.8% 45.2% 53.9% CAN-A1% 54.3% 49.9% 53.7% FD:STR RATIO Apr15/11 Apr08/11 Apr16/10 ALTA BARLEY N/A 26.1 27.9 Apr16/11 Apr09/11 Apr17/10 US CORN 16.8 16.8 28.1 AVG CARCASS WT Apr16/11 Apr09/11 Apr17/10 WEST STR-LBS 822.0 831.0 834.0 CAN STR-LBS 843.0 851.0 853.0 US CATTLE-LBS 770.0 771.0 763.0 CATTLE PRICES (CANFAX) - $/CWT WEEK END Apr22/11 Apr15/11 Apr23/10 ALBERTA RAILGRADE SALES STR-LOW 184.75 184.00 154.35 STR-HIGH 187.00 188.75 155.85 HFR-LOW 184.75 187.50 154.85 HFR-HIGH 186.75 189.50 155.85 ALBERTA DIRECT SALES STR-RANGE 108.00-110.50 110.00-114.25 89.75-90.95 AVERAGE N/A 110.99 91.50 VOLUME N/A 10,503 13,841 HFR-RANGE 108.80-109.95 112.20-112.50 89.25-92.75 AVERAGE N/A 110.79 91.40 VOLUME N/A 6,802 6,077 OPEN MARKET - $/CWT Apr22/11 Apr15/11 Apr23/10 STEERS - A1,2 AND CHOICE 2-4 ONTARIO N/A-N/A 100.85-114.01 85.18-96.03 NEBRASKA* 119.50-119.50 118.00-119.50 98.00-100.50 HEIFERS - A1,2 AND CHOICE 2-4 ONTARIO N/A-N/A 95.80-112.04 86.20-93.64 NEBRASKA* 119.50-119.50 118.00-119.50 99.00-102.00 COWS - D1,2 CLYDE 72.00-85.00 72.00-80.00 55.00-63.25 SIOUX F* 79.50 75.75 62.50 800-900 LB FEEDER STEERS CLYDE 116.00-122.25 120.00-125.25 95.00-102.75 PONOKA 114.00-118.00 117.00-125.00 90.00-101.00 STRATHMOR N/A-N/A 118.00-127.00 85.00-100.00 ONTARIO N/A-N/A 117.00-133.00 94.00-104.00 700-800 LB FEEDER STEERS CLYDE 125.00-132.25 125.00-135.25 104.00-111.50 PONOKA 124.00-135.00 122.00-136.00 100.00-108.25 STRATHMOR N/A-N/A 120.00-135.00 90.00-110.00 C.NEBRAS* N/A-N/A 131.00-141.75 107.10-124.25 600-700 LB FEEDER STEERS CLYDE 145.00-150.50 145.00-156.50 112.00-124.25 PONOKA 134.00-160.00 130.00-145.00 107.00-118.00 STRATHMOR N/A-N/A 130.00-153.00 100.00-119.00 500-600 LB FEEDER STEERS CLYDE 153.00-162.50 153.00-161.50 115.00-134.00 PONOKA 150.00-168.00 145.00-160.00 115.00-124.00 STRATHMOR N/A-N/A 135.00-162.00 110.00-129.00 ONTARIO N/A-N/A 134.00-167.00 107.00-129.00 700-800 LB FEEDER HEIFERS CLYDE 110.00-125.00 110.00-130.00 90.00-98.25 PONOKA 118.00-127.00 118.00-126.00 90.00-95.00 STRATHMOR N/A-N/A 110.00-128.00 80.00-102.00 500-600 LB FEEDER HEIFERS CLYDE 130.00-141.00 130.00-141.00 100.00-119.00 PONOKA 130.00-142.50 127.00-137.00 102.00-108.25 STRATHMOR N/A-N/A 120.00-145.00 90.00-110.00 NOTE: * denotes price in US Dollars PRELIM LIVE ANIMAL TRADE - WEEK ENDING Apr08/2011 CATTLE FROM US TO US TO US TO US SLTR SLTR FDR HOGS CANADA 0 14,444 2,631 16,443 EAST 0 3,391 35 7,681 WEST 0 11,053 2,596 8,762 BEEF WHOLESALE PRICES - $/CWT WEEK ENDING Apr22/11 Apr15/11 Apr23/10 CALGARY-STRS N/A-N/A N/A-N/A N/A-N/A CDA CUTOUT AAA N/A N/A 173.98 CDA CUTOUT AA/A N/A N/A 172.47 US BOXED BEEF CUTOUT - US $/CWT WEEK END Apr22/11 Apr15/11 Apr23/10 CHOICE 6-900 N/A 188.89 167.81 SELECT 6-900 N/A 185.01 165.20 HOG SLAUGHTER WEEK END Apr16/11(prel) Apr09/11(prel) Apr17/10 CANADA N/A 402,618 412,890 EAST N/A 234,941 244,624 WEST N/A 167,677 168,266 ALBERTA N/A 48,250 52,270 WEEK END Apr23/11(est) Apr16/11(est) Apr24/10 US 1,625,000 2,028,000 2,062,600 HOG CASH PRICES - INDEX 100 - $/KG WEEK END Apr21/11 Apr14/11 Apr22/10 ALTA AVG N/A 1.527 1.396 ONT AVG N/A N/A 1.437 INTERIOR IOWA MINNESOTA HOG CASH PRICES WEEK END Apr22/11 Apr15/11 Apr23/10 US $/CWT 94.27 91.82 80.35 CAN EQVT $/KG 1.712 1.684 1.537 US PORK CARCASS CUTOUT US $/CWT 95.06 95.90 88.51 HOG FUTURES - US$/CWT CAN/US$ CLOSE Apr22/2011 MTH LEAN CHG MTH FUTURES CHG MAY 102.05 -0.38 JUN 1.0491 +0.0095 JUN 100.05 -1.03 SEP 1.0463 +0.0092 JUL 100.33 -0.80 DEC 1.0431 +0.0090 AUG 100.25 -1.10 MAR 1.0397 +0.0088 OCT 92.05 -0.40 JUN 1.0362 +0.0087 DEC 88.47 -0.28 SEP 1.0327 +0.0086 HOG INDICATORS WEEK END Apr16/11 Apr09/11 Apr17/10 AV DRSD WT US-LBS 208.0 209.0 204.0 FD:HOG RATIO Apr15/11Apr08/11Apr16/10 US CORN 12.4 12.0 22.3 Apr15/11 Apr08/11 Apr16/10 ALTA BARLEY N/A 12.6 14.3 SHEEP AND LAMB PRICES - Most Recent Sale to Apr21/2011 MARKET LAMBS - FEEDER LAMBS SHEEP (95-109 LBS) (<80 LBS) (ALL WTS.) ONTARIO 201.47-232.41 217.02-274.63 N/A TEXAS (US$) N/A N/A 66.50$/CWT MARKET LAMB PRICES - Most Recent Sale to Apr14/2011 CENTRAL ALTA 193.44-193.44 (INNISFAIL)