CAN/US $ Nov04 98.23 Oct28 100.43 Nov05/10 99.85 BANK RATE % Nov01 1.25 Oct25 1.25 Nov02/10 1.25 CATTLE SLAUGHTER WEEK END Oct29/11(prel) Oct22/11(prel) Oct30/10 CANADA 53,001 57,223 61,690 EAST 15,664 15,441 15,593 WEST 37,337 41,782 46,097 ALBERTA N/A N/A 45,966 WEEK END Nov05/11(est) Oct29/11(est) Nov06/10 US 648,000 671,000 652,300 CANADIAN CATTLE GRADES WEEK END Oct29/11 Oct22/11 Oct30/10 A 40,217 44,238 47,377 B 1,305 1,033 972 D 6,848 7,424 5,142 E 548 549 616 A GRADE MARBLING (%) WEEK END Oct29/11 Oct22/11 Oct30/10 A 3.0% 3.7% 2.4% AA 44.9% 45.3% 42.2% AAA 52.1% 51.0% 55.4% CANADIAN CATTLE CLASSES WEEK END Oct29/11(prel) Oct22/11(prel) Oct30/10 STEERS 23,549 25,720 23,787 HEIFERS 18,311 19,927 25,346 COWS 10,475 10,934 11,840 BULLS 666 642 717 CALVES 4,612 4,501 4,853 CATTLE FUTURES - US $/CWT - CLOSE Nov04/2011 MTH LIVE CHG MTH FEEDER CHG DEC 124.50 +5.45 NOV 142.57 +1.47 FEB 125.90 +3.95 JAN 147.40 +1.80 APR 128.95 +3.05 MAR 147.95 +1.45 JUN 127.33 +2.83 APR 149.22 +1.88 AUG 127.50 +2.50 MAY 149.60 +2.00 OCT 129.60 +2.13 AUG 150.15 +1.75 WEEK END Nov04/11 Oct28/11 Nov05/10 US FSP - US$/CWT 141.67 140.10 111.32 CATTLE INDICATORS BY PROD VAL Oct28/11 Oct21/11 Oct29/10 EAST-$/HEAD N/A N/A 95.00 WEST-$/HEAD N/A N/A N/A US-US$/CWT 12.73 12.99 11.44 CURRENTNESS Oct29/11 Oct22/11 Oct30/10 WEST-A1% 39.9% 42.0% 45.4% CAN-A1% 43.5% 44.4% 48.0% FD:STR RATIO Oct28/11 Oct21/11 Oct29/10 ALTA BARLEY 23.5 23.8 25.6 Oct29/11 Oct22/11 Oct30/10 US CORN 19.0 18.7 18.4 AVG CARCASS WT Oct29/11 Oct22/11 Oct30/10 WEST STR-LBS 899.0 895.0 882.0 CAN STR-LBS 893.0 892.0 878.0 US CATTLE-LBS 779.0 777.0 788.0 CATTLE PRICES (CANFAX) - $/CWT WEEK END Nov04/11 Oct28/11 Nov05/10 ALBERTA RAILGRADE SALES STR-LOW 184.75 181.75 156.35 STR-HIGH 185.85 182.85 156.85 HFR-LOW 184.75 182.00 156.35 HFR-HIGH 185.50 182.85 156.85 ALBERTA DIRECT SALES STR-RANGE 110.25-112.00 108.65-108.65 92.50-93.60 AVERAGE N/A 109.50 93.92 VOLUME N/A 6,555 10,522 HFR-RANGE 110.25-112.00 108.65-108.80 91.75-94.20 AVERAGE N/A 108.68 93.45 VOLUME N/A 3,337 5,894 OPEN MARKET - $/CWT Nov04/11 Oct28/11 Nov05/10 STEERS - A1,2 AND CHOICE 2-4 ONTARIO N/A-N/A 105.08-115.88 87.43-94.82 NEBRASKA* N/A-N/A 119.50-123.50 96.00-98.50 HEIFERS - A1,2 AND CHOICE 2-4 ONTARIO N/A-N/A 98.13-113.70 84.66-94.18 NEBRASKA* N/A-N/A 121.00-123.50 95.50-98.50 COWS - D1,2 CLYDE 60.00-68.00 63.00-70.00 45.00-55.00 SIOUX F* 70.00 71.00 59.00 800-900 LB FEEDER STEERS CLYDE 125.00-143.00 125.00-144.50 105.00-119.00 PONOKA 129.00-132.50 126.00-137.00 108.00-118.00 STRATHMOR N/A-N/A 120.00-139.00 N/A-N/A ONTARIO N/A-N/A 124.00-139.00 99.00-113.00 700-800 LB FEEDER STEERS CLYDE 125.00-144.75 125.00-148.00 113.00-121.00 PONOKA 133.00-139.00 135.00-146.00 115.00-124.00 STRATHMOR N/A-N/A 130.00-150.00 N/A-N/A C.NEBRAS* N/A-N/A 137.25-162.00 105.50-118.00 600-700 LB FEEDER STEERS CLYDE 140.00-148.00 142.00-152.00 120.00-128.75 PONOKA 136.50-152.00 143.00-160.00 120.00-132.00 STRATHMOR N/A-N/A 138.00-161.00 N/A-N/A 500-600 LB FEEDER STEERS CLYDE 155.00-168.25 155.00-168.25 130.00-142.50 PONOKA 145.00-167.00 150.00-173.00 125.00-141.00 STRATHMOR N/A-N/A 155.00-178.00 N/A-N/A ONTARIO N/A-N/A 141.00-177.00 115.00-142.00 700-800 LB FEEDER HEIFERS CLYDE 115.00-130.00 115.00-133.75 100.00-113.00 PONOKA 128.00-135.00 122.00-130.00 105.00-113.00 STRATHMOR N/A-N/A 120.00-138.00 N/A-N/A 500-600 LB FEEDER HEIFERS CLYDE 130.00-145.25 130.00-149.00 110.00-125.75 PONOKA 136.00-151.00 135.00-167.00 115.00-128.00 STRATHMOR N/A-N/A 135.00-162.00 N/A-N/A NOTE: * denotes price in US Dollars ** Alberta breakdown not available PRELIM LIVE ANIMAL TRADE - WEEK ENDING Oct21/2011 CATTLE FROM US TO US TO US TO US SLTR SLTR FDR HOGS CANADA 0 14,241 808 20,036 EAST 0 2,372 33 7,495 WEST 0 11,869 775 12,541 BEEF WHOLESALE PRICES - $/CWT WEEK ENDING Nov04/11 Oct28/11 Nov05/10 CALGARY-STRS N/A-N/A N/A-N/A N/A-N/A CDA CUTOUT AAA N/A 176.51 152.43 CDA CUTOUT AA/A N/A 167.16 150.39 US BOXED BEEF CUTOUT - US $/CWT WEEK END Nov04/11 Oct28/11 Nov05/10 CHOICE 6-900 187.53 186.97 159.57 SELECT 6-900 169.58 168.88 152.33 HOG SLAUGHTER WEEK END Oct29/11(prel) Oct22/11(prel) Oct30/10 CANADA 447,873 440,518 440,031 EAST 269,664 262,427 263,918 WEST 178,209 178,091 176,113 AB/BC** 60,045 59,879 62,146 WEEK END Nov05/11(est) Oct29/11(est) Nov06/10 US 2,347,000 2,306,000 2,342,400 HOG CASH PRICES - INDEX 100 - $/KG WEEK END Nov03/11 Oct27/11 Nov04/10 ALTA AVG N/A 1.652 1.130 ONT AVG N/A 1.981 1.204 INTERIOR IOWA MINNESOTA HOG CASH PRICES WEEK END Nov04/11 Oct28/11 Nov05/10 US $/CWT 85.95 87.78 61.01 CAN EQVT $/KG 1.669 1.667 1.166 US PORK CARCASS CUTOUT US $/CWT 92.02 97.49 76.96 HOG FUTURES - US$/CWT CAN/US$ CLOSE Nov04/2011 MTH LEAN CHG MTH FUTURES CHG DEC 86.85 +0.17 DEC .9821 -0.0232 FEB 90.10 +0.20 MAR .9804 -0.0229 APR 93.15 +0.90 JUN .9791 -0.0226 MAY 98.28 +0.03 SEP .9780 -0.0224 JUN 100.25 +1.20 DEC .9770 -0.0219 JUL 99.40 +1.20 MAR .9759 -0.0215 HOG INDICATORS WEEK END Oct29/11 Oct22/11 Oct30/10 AV DRSD WT US-LBS 205.0 204.0 205.0 FD:HOG RATIO Oct28/11Oct21/11Oct29/10 US CORN 13.6 14.2 11.0 Oct28/11 Oct21/11 Oct29/10 ALTA BARLEY 12.9 13.1 11.6 SHEEP AND LAMB PRICES - Most Recent Sale to Nov03/2011 MARKET LAMBS - FEEDER LAMBS SHEEP (95-109 LBS) (<80 LBS) (ALL WTS.) ONTARIO 208.45-228.41 174.45-249.42 N/A TEXAS (US$) N/A 200.00 73.00$/CWT MARKET LAMB PRICES - Most Recent Sale to Oct27/2011 CENTRAL ALTA 153.60-182.40 (INNISFAIL)