CAN/US $ May13 103.00 May06 103.98 May14/10 96.67 BANK RATE % May10 1.25 May03 1.25 May11/10 .50 CATTLE SLAUGHTER WEEK END May07/11(prel) Apr30/11(prel) May08/10 CANADA 62,161 56,331 70,670 EAST 14,551 14,309 15,360 WEST 47,610 42,022 55,310 ALBERTA N/A N/A 55,199 WEEK END May14/11(est) May07/11(est) May15/10 US 653,000 657,000 677,800 CANADIAN CATTLE GRADES WEEK END May07/11 Apr30/11 May08/10 A 51,701 47,291 59,419 B 465 464 566 D 4,069 2,730 4,140 E 419 342 442 A GRADE MARBLING (%) WEEK END May07/11 Apr30/11 May08/10 A 2.8% 2.6% 3.2% AA 43.6% 41.3% 44.4% AAA 53.6% 56.1% 52.4% CANADIAN CATTLE CLASSES WEEK END May07/11(prel) Apr30/11(prel) May08/10 STEERS 32,867 25,723 39,153 HEIFERS 20,415 23,076 21,920 COWS 8,360 7,123 9,120 BULLS 519 409 477 CALVES 4,825 4,554 4,811 CATTLE FUTURES - US $/CWT - CLOSE May13/2011 MTH LIVE CHG MTH FEEDER CHG JUN 109.00 -0.85 MAY 128.70 -0.43 AUG 110.55 -1.03 AUG 132.45 -0.33 OCT 115.50 -1.45 SEP 133.03 -0.57 DEC 117.80 -1.23 OCT 133.78 -0.60 FEB 118.40 -0.92 NOV 133.80 -0.20 APR 119.00 -1.35 JAN 132.90 -0.60 WEEK END May13/11 May06/11 May14/10 US FSP - US$/CWT 129.35 130.00 112.55 CATTLE INDICATORS BY PROD VAL May06/11 Apr29/11 May07/10 EAST-$/HEAD 110.00 112.00 97.00 WEST-$/HEAD N/A N/A N/A US-US$/CWT 13.59 13.71 10.83 CURRENTNESS May07/11 Apr30/11 May08/10 WEST-A1% 56.1% 55.3% 54.2% CAN-A1% 57.6% 56.9% 54.0% FD:STR RATIO May06/11 Apr29/11 May07/10 ALTA BARLEY 22.9 23.2 28.0 May07/11 Apr30/11 May08/10 US CORN 16.4 16.4 28.1 AVG CARCASS WT May07/11 Apr30/11 May08/10 WEST STR-LBS 807.0 791.0 808.0 CAN STR-LBS 827.0 824.0 829.0 US CATTLE-LBS 760.0 763.0 757.0 CATTLE PRICES (CANFAX) - $/CWT WEEK END May13/11 May06/11 May14/10 ALBERTA RAILGRADE SALES STR-LOW 172.50 176.00 151.75 STR-HIGH 176.75 177.85 153.85 HFR-LOW 172.50 177.00 151.75 HFR-HIGH 177.50 177.85 153.85 ALBERTA DIRECT SALES STR-RANGE 102.50-104.00 106.00-106.45 90.50-93.00 AVERAGE N/A 104.71 91.80 VOLUME N/A 11,451 12,793 HFR-RANGE 103.25-103.25 106.70-106.70 89.75-92.50 AVERAGE N/A 103.84 91.31 VOLUME N/A 5,130 10,357 OPEN MARKET - $/CWT May13/11 May06/11 May14/10 STEERS - A1,2 AND CHOICE 2-4 ONTARIO N/A-N/A 99.71-112.99 87.23-95.26 NEBRASKA* 114.00-115.00 115.00-117.00 100.00-101.00 HEIFERS - A1,2 AND CHOICE 2-4 ONTARIO N/A-N/A 100.60-111.56 85.76-95.53 NEBRASKA* 112.00-114.50 115.00-117.00 100.00-101.00 COWS - D1,2 CLYDE 70.00-78.00 75.00-85.00 55.00-66.00 SIOUX F* 87.00 86.00 69.75 800-900 LB FEEDER STEERS CLYDE 110.00-118.00 116.00-125.00 95.00-104.00 PONOKA 110.00-125.00 111.00-122.00 95.00-104.00 STRATHMOR 110.00-124.00 110.00-124.00 85.00-100.00 ONTARIO N/A-N/A 110.00-127.00 94.00-107.00 700-800 LB FEEDER STEERS CLYDE 125.00-136.00 125.00-138.00 103.00-109.75 PONOKA 125.00-140.00 124.00-140.00 100.00-110.00 STRATHMOR 120.00-135.00 120.00-138.00 90.00-110.00 C.NEBRAS* N/A-N/A N/A-N/A 110.00-131.75 600-700 LB FEEDER STEERS CLYDE 145.00-154.50 145.00-152.25 112.00-126.25 PONOKA 135.00-155.00 141.00-157.00 108.00-118.00 STRATHMOR 130.00-152.00 130.00-157.00 100.00-119.00 500-600 LB FEEDER STEERS CLYDE 153.00-165.00 153.00-161.50 120.00-136.00 PONOKA 145.00-160.00 146.00-158.00 110.00-125.00 STRATHMOR 135.00-158.00 135.00-158.00 110.00-129.00 ONTARIO N/A-N/A 128.00-159.00 107.00-129.00 700-800 LB FEEDER HEIFERS CLYDE 110.00-130.50 110.00-124.25 93.00-102.00 PONOKA 112.00-120.00 112.00-123.00 85.00-98.00 STRATHMOR 110.00-128.00 110.00-128.00 80.00-97.00 500-600 LB FEEDER HEIFERS CLYDE 130.00-140.00 130.00-143.00 100.00-110.00 PONOKA 130.00-140.00 132.00-137.00 100.00-112.00 STRATHMOR 120.00-142.00 120.00-142.00 90.00-110.00 NOTE: * denotes price in US Dollars PRELIM LIVE ANIMAL TRADE - WEEK ENDING Apr29/2011 CATTLE FROM US TO US TO US TO US SLTR SLTR FDR HOGS CANADA 0 10,395 3,408 15,473 EAST 0 3,131 33 6,507 WEST 0 7,264 3,375 8,966 BEEF WHOLESALE PRICES - $/CWT WEEK ENDING May13/11 May06/11 May14/10 CALGARY-STRS N/A-N/A N/A-N/A N/A-N/A CDA CUTOUT AAA N/A N/A 177.45 CDA CUTOUT AA/A N/A N/A 171.98 US BOXED BEEF CUTOUT - US $/CWT WEEK END May13/11 May06/11 May14/10 CHOICE 6-900 176.54 180.27 170.52 SELECT 6-900 170.80 174.49 166.30 HOG SLAUGHTER WEEK END May07/11(prel) Apr30/11(prel) May08/10 CANADA 404,053 378,944 394,439 EAST 237,847 212,486 231,966 WEST 166,206 166,458 162,473 ALBERTA 49,510 49,275 52,790 WEEK END May14/11(est) May07/11(est) May15/10 US 1,978,000 1,989,000 1,958,100 HOG CASH PRICES - INDEX 100 - $/KG WEEK END May12/11 May05/11 May13/10 ALTA AVG 1.531 1.531 1.552 ONT AVG N/A N/A 1.631 INTERIOR IOWA MINNESOTA HOG CASH PRICES WEEK END May13/11 May06/11 May14/10 US $/CWT 92.29 88.76 81.65 CAN EQVT $/KG 1.709 1.628 1.611 US PORK CARCASS CUTOUT US $/CWT 95.35 91.10 90.90 HOG FUTURES - US$/CWT CAN/US$ CLOSE May13/2011 MTH LEAN CHG MTH FUTURES CHG MAY 92.85 -0.50 JUN 1.0321 +0.0013 JUN 94.55 +2.17 SEP 1.0295 +0.0013 JUL 93.85 +1.25 DEC 1.0266 +0.0013 AUG 94.47 +0.52 MAR 1.0232 +0.0011 OCT 87.75 +0.47 JUN 1.0197 +0.0008 DEC 84.70 +0.65 SEP 1.0162 +0.0005 HOG INDICATORS WEEK END May07/11 Apr30/11 May08/10 AV DRSD WT US-LBS 208.0 208.0 205.0 FD:HOG RATIO May06/11Apr29/11May07/10 US CORN 12.8 12.6 24.0 May06/11 Apr29/11 May07/10 ALTA BARLEY 12.1 12.2 16.8 SHEEP AND LAMB PRICES - Most Recent Sale to May12/2011 MARKET LAMBS - FEEDER LAMBS SHEEP (95-109 LBS) (<80 LBS) (ALL WTS.) ONTARIO 210.92-243.49 225.57-269.62 N/A TEXAS (US$) N/A N/A 64.00$/CWT MARKET LAMB PRICES - Most Recent Sale to May05/2011 CENTRAL ALTA N/A- N/A (INNISFAIL)