CAN/US $ Jan13 97.61 Jan06 97.73 Jan14/11 100.97 BANK RATE % Jan10 1.25 Jan03 1.25 Jan11/11 1.25 CATTLE SLAUGHTER WEEK END Jan07/12(prel) Dec31/11(prel) Jan08/11 CANADA 42,880 39,855 52,682 EAST 11,442 8,651 11,418 WEST 31,438 31,204 41,264 ALBERTA N/A N/A N/A WEEK END Jan14/12(est) Jan07/12(est) Jan15/11 US 653,000 560,000 631,400 CANADIAN CATTLE GRADES WEEK END Jan07/12 Dec31/11 Jan08/11 A 33,523 30,846 42,683 B 444 378 338 D 6,109 6,598 3,922 E 85 211 272 A GRADE MARBLING (%) WEEK END Jan07/12 Dec31/11 Jan08/11 A 1.5% 1.3% 2.0% AA 48.0% 48.7% 46.8% AAA 50.5% 50.0% 51.2% CANADIAN CATTLE CLASSES WEEK END Jan07/12(prel) Dec31/11(prel) Jan08/11 STEERS 21,080 20,313 27,233 HEIFERS 13,129 11,135 16,216 COWS 8,540 8,194 8,926 BULLS 131 213 307 CALVES 3,119 3,841 4,083 CATTLE FUTURES - US $/CWT - CLOSE Jan13/2012 MTH LIVE CHG MTH FEEDER CHG FEB 122.47 +2.15 JAN 150.57 +3.27 APR 126.40 +1.80 MAR 152.38 +2.50 JUN 125.25 +1.25 APR 154.00 +2.80 AUG 126.85 +0.80 MAY 154.78 +2.47 OCT 129.65 +0.78 AUG 155.90 +2.30 DEC 130.05 +0.65 SEP 156.25 +2.50 WEEK END Jan13/12 Jan06/12 Jan14/11 US FSP - US$/CWT 150.51 147.65 125.34 CATTLE INDICATORS BY PROD VAL Jan06/12 Dec30/11 Jan07/11 EAST-$/HEAD N/A N/A 100.00 WEST-$/HEAD N/A N/A N/A US-US$/CWT 12.32 12.35 12.42 CURRENTNESS Jan07/12 Dec31/11 Jan08/11 WEST-A1% 48.3% 50.3% 46.6% CAN-A1% 50.3% 51.4% 48.7% FD:STR RATIO Jan06/12 Dec30/11 Jan07/11 ALTA BARLEY 24.9 24.9 22.9 Jan07/12 Dec31/11 Jan08/11 US CORN 19.2 20.2 18.3 AVG CARCASS WT Jan07/12 Dec31/11 Jan08/11 WEST STR-LBS 880.0 880.0 856.0 CAN STR-LBS 881.0 883.0 861.0 US CATTLE-LBS 776.0 777.0 783.0 CATTLE PRICES (CANFAX) - $/CWT WEEK END Jan13/12 Jan06/12 Jan14/11 ALBERTA RAILGRADE SALES STR-LOW 190.75 192.75 168.50 STR-HIGH 192.85 194.00 170.85 HFR-LOW 192.85 193.75 169.00 HFR-HIGH 192.85 194.00 170.85 ALBERTA DIRECT SALES STR-RANGE 113.75-113.75 114.25-115.00 98.50-98.75 AVERAGE N/A 114.99 100.03 VOLUME N/A 11,418 10,214 HFR-RANGE 115.00-115.00 115.40-116.00 98.50-98.70 AVERAGE N/A 114.77 99.92 VOLUME N/A 5,604 5,463 OPEN MARKET - $/CWT Jan13/12 Jan06/12 Jan14/11 STEERS - A1,2 AND CHOICE 2-4 ONTARIO N/A-N/A 117.37-124.66 94.63-103.86 NEBRASKA* N/A-N/A 118.00-122.00 106.50-108.00 HEIFERS - A1,2 AND CHOICE 2-4 ONTARIO N/A-N/A 114.81-123.76 92.45-102.21 NEBRASKA* N/A-N/A 120.50-122.00 106.50-108.50 COWS - D1,2 CLYDE 65.00-75.00 65.00-75.00 55.00-65.00 SIOUX F* 72.00 71.75 67.75 800-900 LB FEEDER STEERS CLYDE 130.00-145.25 130.00-143.00 110.00-117.50 PONOKA 130.00-147.00 130.00-141.00 112.00-124.00 STRATHMOR N/A-N/A N/A-N/A 105.00-119.00 ONTARIO N/A-N/A 123.00-140.00 101.00-122.00 700-800 LB FEEDER STEERS CLYDE 140.00-153.25 133.00-148.50 115.00-122.75 PONOKA 140.00-153.00 135.50-146.00 114.00-126.00 STRATHMOR N/A-N/A N/A-N/A 108.00-122.00 C.NEBRAS* N/A-N/A 140.00-163.00 120.75-139.10 600-700 LB FEEDER STEERS CLYDE 150.00-163.75 145.00-155.25 122.00-132.25 PONOKA 148.00-162.00 147.00-155.00 120.00-134.00 STRATHMOR N/A-N/A N/A-N/A 115.00-134.00 500-600 LB FEEDER STEERS CLYDE 165.00-188.00 155.00-176.00 135.00-149.25 PONOKA 160.00-185.00 154.00-166.00 127.00-144.00 STRATHMOR N/A-N/A N/A-N/A 125.00-140.00 ONTARIO N/A-N/A 140.00-175.00 119.00-145.00 700-800 LB FEEDER HEIFERS CLYDE 125.00-135.00 122.00-131.00 100.00-112.75 PONOKA 130.00-145.00 125.00-133.00 108.00-114.00 STRATHMOR N/A-N/A N/A-N/A 104.00-118.00 500-600 LB FEEDER HEIFERS CLYDE 140.00-152.75 135.00-151.00 120.00-134.00 PONOKA 145.00-164.00 140.00-152.00 112.00-134.00 STRATHMOR N/A-N/A N/A-N/A 110.00-130.00 NOTE: * denotes price in US Dollars ** Alberta breakdown not available PRELIM LIVE ANIMAL TRADE - WEEK ENDING Dec30/2011 CATTLE FROM US TO US TO US TO US SLTR SLTR FDR HOGS CANADA 0 5,642 259 16,662 EAST 0 2,067 38 4,875 WEST 0 3,575 221 11,787 BEEF WHOLESALE PRICES - $/CWT WEEK ENDING Jan13/12 Jan06/12 Jan14/11 CALGARY-STRS N/A-N/A N/A-N/A N/A-N/A CDA CUTOUT AAA N/A 183.04 159.02 CDA CUTOUT AA/A N/A 176.20 157.38 US BOXED BEEF CUTOUT - US $/CWT WEEK END Jan13/12 Jan06/12 Jan14/11 CHOICE 6-900 187.92 192.34 168.24 SELECT 6-900 178.00 179.82 163.35 HOG SLAUGHTER WEEK END Jan07/12(prel) Dec31/11(prel) Jan08/11 CANADA N/A 291,574 402,985 EAST N/A 159,379 245,809 WEST N/A 132,195 157,176 AB/BC** N/A 39,587 63,079 WEEK END Jan14/12(est) Jan07/12(est) Jan15/11 US 2,212,000 2,063,000 2,127,100 HOG CASH PRICES - INDEX 100 - $/KG WEEK END Jan12/12 Jan05/12 Jan13/11 ALTA AVG N/A 1.458 1.290 ONT AVG N/A 1.761 1.485 INTERIOR IOWA MINNESOTA HOG CASH PRICES WEEK END Jan13/12 Jan06/12 Jan14/11 US $/CWT 82.09 82.49 73.42 CAN EQVT $/KG 1.604 1.610 1.387 US PORK CARCASS CUTOUT US $/CWT 83.85 84.68 82.39 HOG FUTURES - US$/CWT CAN/US$ CLOSE Jan13/2012 MTH LEAN CHG MTH FUTURES CHG FEB 85.60 +1.70 MAR .9755 +0.0031 APR 87.05 -0.70 JUN .9736 +0.0030 MAY 94.85 +0.35 SEP .9718 +0.0026 JUN 96.10 +1.20 DEC .9704 +0.0023 JUL 95.50 +0.40 MAR .9689 +0.0017 AUG 95.90 +1.15 JUN .9675 +0.0012 HOG INDICATORS WEEK END Jan07/12 Dec31/11 Jan08/11 AV DRSD WT US-LBS 207.0 208.0 207.0 FD:HOG RATIO Jan06/12Dec30/11Jan07/11 US CORN 12.8 12.6 12.4 Jan06/12 Dec30/11 Jan07/11 ALTA BARLEY 11.5 11.4 10.9 SHEEP AND LAMB PRICES - Most Recent Sale to Jan12/2012 MARKET LAMBS - FEEDER LAMBS SHEEP (95-109 LBS) (<80 LBS) (ALL WTS.) ONTARIO 206.36-217.73 221.58-294.49 N/A TEXAS (US$) N/A N/A 73.00$/CWT MARKET LAMB PRICES - Most Recent Sale to Jan05/2012 CENTRAL ALTA 182.88-182.88 (INNISFAIL)