CAN/US $ Mar02 101.13 Feb24 100.12 Mar04/11 102.94 BANK RATE % Feb28 1.25 Feb21 1.25 Mar01/11 1.25 CATTLE SLAUGHTER WEEK END Feb25/12(prel) Feb18/12(prel) Feb26/11 CANADA 50,475 53,248 48,739 EAST 12,387 13,181 13,201 WEST 38,088 40,067 35,538 WEEK END Mar03/12(est) Feb25/12(est) Mar05/11 US 621,000 592,000 644,500 CANADIAN CATTLE GRADES WEEK END Feb25/12 Feb18/12 Feb26/11 A 39,363 40,802 36,504 B 505 611 227 D 6,996 7,942 4,469 E 352 501 421 A GRADE MARBLING (%) WEEK END Feb25/12 Feb18/12 Feb26/11 A 1.1% 1.4% 2.1% AA 37.4% 42.6% 38.4% AAA 61.5% 55.9% 59.5% CANADIAN CATTLE CLASSES WEEK END Feb25/12(prel) Feb18/12(prel) Feb26/11 STEERS 22,002 24,218 20,704 HEIFERS 18,006 17,160 16,686 COWS 10,077 11,327 10,897 BULLS 390 543 452 CALVES 4,384 4,481 4,761 CATTLE FUTURES - US $/CWT - CLOSE Mar02/2012 MTH LIVE CHG MTH FEEDER CHG APR 129.95 +0.45 MAR 158.10 +0.42 JUN 127.28 -0.47 APR 161.32 +1.05 AUG 129.65 -0.55 MAY 162.85 +0.90 OCT 134.32 +0.17 AUG 164.03 +0.65 DEC 135.10 +0.47 SEP 163.50 +0.78 FEB 135.20 +0.30 OCT 163.50 +1.05 WEEK END Mar02/12 Feb24/12 Mar04/11 US FSP - US$/CWT 156.42 156.50 128.42 CATTLE INDICATORS BY PROD VAL Feb24/12 Feb17/12 Feb25/11 EAST-$/HEAD N/A N/A 106.00 WEST-$/HEAD N/A N/A N/A US-US$/CWT 13.15 12.98 12.91 CURRENTNESS Feb25/12 Feb18/12 Feb26/11 WEST-A1% 42.1% 49.5% 45.4% CAN-A1% 43.7% 50.5% 48.3% FD:STR RATIO Feb24/12 Feb17/12 Feb25/11 ALTA BARLEY 24.6 24.2 24.6 Feb25/12 Feb18/12 Feb26/11 US CORN 20.1 19.1 16.8 AVG CARCASS WT Feb25/12 Feb18/12 Feb26/11 WEST STR-LBS 891.0 877.0 840.0 CAN STR-LBS 892.0 879.0 852.0 US CATTLE-LBS 788.0 786.0 780.0 CATTLE PRICES (CANFAX) - $/CWT WEEK END Mar02/12 Feb24/12 Mar04/11 ALBERTA RAILGRADE SALES STR-LOW 192.50 192.85 173.00 STR-HIGH 192.50 196.75 176.85 HFR-LOW 195.50 194.00 173.00 HFR-HIGH 195.50 196.75 176.85 ALBERTA DIRECT SALES STR-RANGE 115.00-116.75 114.00-117.25 104.10-105.30 AVERAGE N/A 115.88 104.08 VOLUME N/A 7,477 6,095 HFR-RANGE 112.75-116.75 117.25-118.00 104.25-105.50 AVERAGE N/A 116.30 103.35 VOLUME N/A 7,439 6,919 OPEN MARKET - $/CWT Mar02/12 Feb24/12 Mar04/11 STEERS - A1,2 AND CHOICE 2-4 ONTARIO N/A-N/A 114.62-127.21 97.67-107.47 NEBRASKA* 128.00-130.00 126.50-128.50 111.00-113.00 HEIFERS - A1,2 AND CHOICE 2-4 ONTARIO N/A-N/A 109.81-123.09 97.10-107.11 NEBRASKA* 129.00-130.50 127.00-128.50 111.00-113.00 COWS - D1,2 CLYDE 65.00-80.00 65.00-78.00 67.00-78.00 SIOUX F* 83.75 84.50 74.00 800-900 LB FEEDER STEERS CLYDE 140.00-150.00 140.00-147.75 117.00-125.50 PONOKA 138.00-146.50 135.00-148.50 115.00-124.00 STRATHMOR N/A-N/A 132.00-150.00 118.00-128.00 ONTARIO N/A-N/A 129.00-146.00 107.00-126.00 700-800 LB FEEDER STEERS CLYDE 150.00-162.50 150.00-158.50 125.00-134.50 PONOKA 148.00-161.00 148.00-165.00 125.00-135.00 STRATHMOR N/A-N/A 140.00-158.00 115.00-136.00 C.NEBRAS* N/A-N/A 146.00-173.00 122.00-142.00 600-700 LB FEEDER STEERS CLYDE 160.00-172.75 160.00-171.00 135.00-151.50 PONOKA 160.00-169.00 162.00-175.00 135.00-150.00 STRATHMOR N/A-N/A 145.00-182.00 130.00-148.00 500-600 LB FEEDER STEERS CLYDE 175.00-190.50 175.00-198.50 153.00-159.00 PONOKA 175.00-193.00 175.00-205.00 150.00-170.00 STRATHMOR N/A-N/A 165.00-198.00 135.00-160.00 ONTARIO N/A-N/A 145.00-183.00 121.00-160.00 700-800 LB FEEDER HEIFERS CLYDE 135.00-145.50 135.00-147.00 110.00-124.75 PONOKA 138.00-146.00 138.00-148.00 117.00-125.00 STRATHMOR N/A-N/A 130.00-148.00 110.00-123.00 500-600 LB FEEDER HEIFERS CLYDE 155.00-172.00 155.00-173.50 130.00-156.00 PONOKA 165.00-177.00 155.00-167.00 130.00-150.00 STRATHMOR N/A-N/A 135.00-170.00 120.00-141.00 NOTE: * denotes price in US Dollars ** Alberta breakdown not available PRELIM LIVE ANIMAL TRADE - WEEK ENDING Feb17/2012 CATTLE FROM US TO US TO US TO US SLTR SLTR FDR HOGS CANADA 0 12,702 3,705 16,628 EAST 0 1,872 34 6,982 WEST 0 10,830 3,671 9,646 BEEF WHOLESALE PRICES - $/CWT WEEK ENDING Mar02/12 Feb24/12 Mar04/11 CALGARY-STRS N/A-N/A N/A-N/A N/A-N/A CDA CUTOUT AAA N/A 188.30 169.25 CDA CUTOUT AA/A N/A 183.52 167.29 US BOXED BEEF CUTOUT - US $/CWT WEEK END Mar02/12 Feb24/12 Mar04/11 CHOICE 6-900 198.51 195.42 172.67 SELECT 6-900 194.56 191.71 172.06 HOG SLAUGHTER WEEK END Feb25/12(prel) Feb18/12(prel) Feb26/11 CANADA 395,659 414,611 394,773 EAST 241,904 244,014 241,901 WEST 153,755 170,597 152,872 AB/BC** 57,623 57,553 60,502 WEEK END Mar03/12(est) Feb25/12(est) Mar05/11 US 2,150,000 2,120,000 2,138,700 HOG CASH PRICES - INDEX 100 - $/KG WEEK END Mar01/12 Feb23/12 Mar03/11 ALTA AVG 1.551 1.539 1.433 ONT AVG N/A 1.806 1.707 INTERIOR IOWA MINNESOTA HOG CASH PRICES WEEK END Mar02/12 Feb24/12 Mar04/11 US $/CWT 85.90 86.86 81.98 CAN EQVT $/KG 1.620 1.655 1.519 US PORK CARCASS CUTOUT US $/CWT 85.13 85.76 91.35 HOG FUTURES - US$/CWT CAN/US$ CLOSE Mar02/2012 MTH LEAN CHG MTH FUTURES CHG APR 90.42 +0.70 MAR 1.0116 +0.0124 MAY 98.55 -0.17 JUN 1.0095 +0.0123 JUN 99.50 +0.33 SEP 1.0072 +0.0119 JUL 99.75 +0.55 DEC 1.0051 +0.0116 AUG 99.97 +1.13 MAR 1.0029 +0.0114 OCT 89.63 +0.72 JUN 1.0005 +0.0108 HOG INDICATORS WEEK END Feb25/12 Feb18/12 Feb26/11 AV DRSD WT US-LBS 208.0 208.0 208.0 FD:HOG RATIO Feb24/12Feb17/12Feb25/11 US CORN 13.5 13.1 12.2 Feb24/12 Feb17/12 Feb25/11 ALTA BARLEY 11.9 12.0 12.3 SHEEP AND LAMB PRICES - Most Recent Sale to Mar01/2012 MARKET LAMBS - FEEDER LAMBS SHEEP (95-109 LBS) (<80 LBS) (ALL WTS.) ONTARIO 188.37-200.79 178.42-265.44 N/A TEXAS (US$) N/A N/A 89.00$/CWT MARKET LAMB PRICES - Most Recent Sale to Feb23/2012 CENTRAL ALTA 174.72-190.56 (INNISFAIL)