Weekly Livestock Market Review - February 24, 2012

The next weekly will be published on Friday, March 2, 2012
This information is collected by the Statistics and Data Development Branch

CAN/US $ Feb24 100.12 Feb17 100.30 Feb25/11 101.95
BANK RATE % Feb21  1.25 Feb14  1.25 Feb22/11  1.25

CATTLE SLAUGHTER
WEEK END  Feb18/12(prel)  Feb11/12(prel)  Feb19/11
CANADA      53,248          54,725          54,906
EAST        13,181          14,642          14,982
WEST        40,067          40,083          39,924
WEEK END  Feb25/12(est)   Feb18/12(est)   Feb26/11
US         592,000         616,000         654,600
CANADIAN CATTLE GRADES
WEEK END  Feb18/12        Feb11/12        Feb19/11
A           40,802          42,289          41,003
B              611             651             326
D            7,942           7,836           5,775
E              501             335             319
A GRADE MARBLING (%)
WEEK END  Feb18/12        Feb11/12        Feb19/11
A             1.4%            1.7%            1.7%
AA           42.6%           44.5%           38.4%
AAA          55.9%           53.8%           59.8%
CANADIAN CATTLE CLASSES
WEEK END  Feb18/12(prel)  Feb11/12(prel)  Feb19/11
STEERS      24,218          24,249          22,962
HEIFERS     17,160          18,766          19,228
COWS        11,327          11,328          12,327
BULLS          543             382             389
CALVES       4,481           4,357           4,597

CATTLE FUTURES - US $/CWT - CLOSE Feb24/2012
MTH   LIVE      CHG            MTH   FEEDER    CHG
FEB  127.55   -1.05            MAR  157.68   -0.75
APR  129.50   -1.40            APR  160.28   -0.20
JUN  127.75   -0.72            MAY  161.95   +0.15
AUG  130.20   +0.00            AUG  163.38   -0.15
OCT  134.15   +0.50            SEP  162.72   -0.38
DEC  134.63   +0.03            OCT  162.45   -0.15
WEEK END        Feb24/12     Feb17/12     Feb25/11
US FSP - US$/CWT  156.50       155.93       128.60

CATTLE INDICATORS
BY PROD VAL     Feb17/12     Feb10/12     Feb18/11
  EAST-$/HEAD        N/A          N/A       106.00
  WEST-$/HEAD        N/A          N/A          N/A
  US-US$/CWT       12.98        12.73        12.90
CURRENTNESS     Feb18/12     Feb11/12     Feb19/11
  WEST-A1%         49.5%        47.8%        42.5%
  CAN-A1%          50.5%        48.9%        46.4%
FD:STR RATIO    Feb17/12     Feb10/12     Feb18/11
  ALTA BARLEY       24.2         23.9         24.9
                Feb18/12     Feb11/12     Feb19/11
  US CORN           19.1         19.2         15.5

AVG CARCASS WT  Feb18/12     Feb11/12     Feb19/11
  WEST STR-LBS     877.0        885.0        839.0
  CAN STR-LBS      879.0        884.0        848.0
  US CATTLE-LBS    786.0        783.0        781.0

CATTLE PRICES (CANFAX) - $/CWT
WEEK END  Feb24/12        Feb17/12        Feb25/11
            ALBERTA RAILGRADE SALES
STR-LOW     192.85          188.85          174.50
STR-HIGH    196.75          189.75          176.85
HFR-LOW     194.00          189.75          175.85
HFR-HIGH    196.75          190.75          176.85
            ALBERTA DIRECT SALES
STR-RANGE 114.00-117.25  111.00-114.00  103.00-103.00
AVERAGE        N/A          112.61          104.27
VOLUME         N/A           9,918           6,325
HFR-RANGE 117.25-118.00  112.50-114.00     N/A-N/A
AVERAGE        N/A          113.16          103.42
VOLUME         N/A           6,590           4,801

OPEN MARKET - $/CWT
          Feb24/12        Feb17/12        Feb25/11
          STEERS - A1,2 AND CHOICE 2-4
ONTARIO      N/A-N/A     111.27-123.22   96.40-108.90
NEBRASKA*    N/A-N/A     126.00-129.50  110.00-112.50
          HEIFERS - A1,2 AND CHOICE 2-4
ONTARIO      N/A-N/A     110.72-120.72   95.03-106.19
NEBRASKA*    N/A-N/A     127.00-129.50  110.00-112.50
          COWS - D1,2
CLYDE      65.00-78.00    65.00-78.00    63.00-76.00
SIOUX F*     84.50           83.50           77.00

          800-900 LB FEEDER STEERS
CLYDE     140.00-147.75  140.00-146.75  117.00-127.50
PONOKA    135.00-148.50  135.00-148.00  115.00-125.50
STRATHMOR 132.00-150.00  132.00-150.00  115.00-129.00
ONTARIO      N/A-N/A     133.00-148.00  114.00-127.00
          700-800 LB FEEDER STEERS
CLYDE     150.00-158.50  150.00-158.50  125.00-135.50
PONOKA    148.00-165.00  148.00-160.00  123.00-135.00
STRATHMOR 140.00-158.00  140.00-158.00  115.00-136.00
C.NEBRAS*    N/A-N/A     149.00-173.50  120.00-138.85
          600-700 LB FEEDER STEERS
CLYDE     160.00-171.00  160.00-170.00  135.00-150.50
PONOKA    162.00-175.00  155.00-177.00  135.00-151.00
STRATHMOR 145.00-182.00  145.00-178.00  130.00-148.00
          500-600 LB FEEDER STEERS
CLYDE     175.00-198.50  175.00-190.50  155.00-171.00
PONOKA    175.00-205.00  175.00-200.00  150.00-175.00
STRATHMOR 165.00-198.00  165.00-192.00  135.00-164.00
ONTARIO      N/A-N/A     149.00-186.00  134.00-161.00
          700-800 LB FEEDER HEIFERS
CLYDE     135.00-147.00  135.00-145.00  110.00-129.50
PONOKA    138.00-148.00  136.00-146.00  115.00-125.00
STRATHMOR 130.00-148.00  130.00-148.00  110.00-125.00
          500-600 LB FEEDER HEIFERS
CLYDE     155.00-173.50  155.00-169.50  130.00-154.50
PONOKA    155.00-167.00  155.00-167.00  133.00-148.00
STRATHMOR 135.00-170.00  135.00-170.00  120.00-144.00


NOTE: * denotes price in US Dollars
      ** Alberta breakdown not available

PRELIM LIVE ANIMAL TRADE - WEEK ENDING Feb10/2012
CATTLE       FROM US     TO US     TO US     TO US
                SLTR      SLTR       FDR      HOGS
CANADA             0    10,423     3,399    16,090
EAST               0     2,087        34     7,206
WEST               0     8,336     3,365     8,884

BEEF WHOLESALE PRICES - $/CWT
WEEK ENDING     Feb24/12     Feb17/12     Feb25/11
CALGARY-STRS     N/A-N/A      N/A-N/A      N/A-N/A
CDA CUTOUT AAA       N/A       181.09       166.14
CDA CUTOUT AA/A      N/A       178.49       165.60

US BOXED BEEF CUTOUT - US $/CWT
WEEK END        Feb24/12     Feb17/12     Feb25/11
CHOICE 6-900         N/A       189.04       169.90
SELECT 6-900         N/A       184.05       169.45

HOG SLAUGHTER
WEEK END  Feb18/12(prel)  Feb11/12(prel)  Feb19/11
CANADA     414,611         418,807         413,299
EAST       244,014         245,014         244,735
WEST       170,597         173,793         168,564
AB/BC**     57,553          58,648          59,681
WEEK END  Feb25/12(est)   Feb18/12(est)   Feb26/11
US       2,120,000       2,149,000       2,106,700

HOG CASH PRICES - INDEX 100 - $/KG
WEEK END  Feb23/12        Feb16/12        Feb24/11
ALTA AVG     1.539           1.542           1.438
ONT AVG        N/A           1.803           1.732
INTERIOR IOWA MINNESOTA HOG CASH PRICES
WEEK END        Feb24/12     Feb17/12     Feb25/11
US $/CWT           86.86        84.58        81.66
CAN EQVT $/KG      1.655        1.609        1.528
US PORK CARCASS CUTOUT
US $/CWT             N/A        86.52        91.75
HOG FUTURES - US$/CWT       CAN/US$ CLOSE Feb24/2012
MTH   LEAN      CHG            MTH   FUTURES   CHG
APR   89.72   -0.65            MAR   .9992 -0.0042
MAY   98.72   -0.18            JUN   .9972 -0.0042
JUN   99.17   -0.20            SEP   .9953 -0.0041
JUL   99.20   -0.55            DEC   .9935 -0.0040
AUG   98.85   -0.88            MAR   .9915 -0.0040
OCT   88.90   -1.05            JUN   .9897 -0.0040
HOG INDICATORS
WEEK END            Feb18/12   Feb11/12   Feb19/11
  AV DRSD WT US-LBS    208.0      209.0      208.0
FD:HOG RATIO        Feb17/12Feb10/12Feb18/11
  US CORN               13.1       13.2       11.2
                    Feb17/12   Feb10/12   Feb18/11
  ALTA BARLEY           12.0       12.1       12.6
SHEEP AND LAMB PRICES - Most Recent Sale to Feb23/2012
             MARKET LAMBS - FEEDER LAMBS     SHEEP
             (95-109 LBS)     (<80 LBS)    (ALL WTS.)
ONTARIO      185.17-206.09  184.33-265.90     N/A
TEXAS (US$)        N/A           N/A      93.00$/CWT
MARKET LAMB PRICES - Most Recent Sale to Feb16/2012
CENTRAL ALTA 182.40-182.40
(INNISFAIL)