CAN/US $ Apr13 100.21 Apr06 100.73 Apr15/11 104.00 BANK RATE % Apr10 1.25 Apr03 1.25 Apr12/11 1.25 CATTLE SLAUGHTER WEEK END Apr07/12(prel) Mar31/12(prel) Apr09/11 CANADA 41,747 54,403 52,167 EAST 11,653 14,474 14,895 WEST 30,094 39,929 37,272 WEEK END Apr14/12(est) Apr07/12(est) Apr16/11 US 582,000 622,000 645,000 CANADIAN CATTLE GRADES WEEK END Apr07/12 Mar31/12 Apr09/11 A 31,464 42,388 41,448 B 577 724 392 D 6,497 7,691 2,984 E 296 364 326 A GRADE MARBLING (%) WEEK END Apr07/12 Mar31/12 Apr09/11 A 1.4% 1.2% 2.4% AA 31.8% 31.5% 35.7% AAA 66.8% 67.3% 61.9% CANADIAN CATTLE CLASSES WEEK END Apr07/12(prel) Mar31/12(prel) Apr09/11 STEERS 17,696 20,685 19,918 HEIFERS 14,751 23,180 23,043 COWS 9,025 10,127 8,801 BULLS 275 411 405 CALVES 4,607 4,458 4,922 CATTLE FUTURES - US $/CWT - CLOSE Apr13/2012 MTH LIVE CHG MTH FEEDER CHG APR 120.53 +2.20 APR 150.53 +1.80 JUN 116.08 +0.25 MAY 151.53 +3.20 AUG 119.05 +0.58 AUG 155.22 +4.28 OCT 125.10 +1.13 SEP 156.72 +4.32 DEC 127.50 +1.53 OCT 157.78 +4.65 FEB 128.75 +1.92 NOV 158.18 +5.00 WEEK END Apr13/12 Apr06/12 Apr15/11 US FSP - US$/CWT 149.14 152.22 134.37 CATTLE INDICATORS BY PROD VAL Apr06/12 Mar30/12 Apr08/11 EAST-$/HEAD N/A N/A 112.00 WEST-$/HEAD N/A N/A N/A US-US$/CWT 13.12 13.26 13.61 CURRENTNESS Apr07/12 Mar31/12 Apr09/11 WEST-A1% 45.5% 44.1% 45.2% CAN-A1% 46.9% 47.0% 49.9% FD:STR RATIO Apr06/12 Mar30/12 Apr08/11 ALTA BARLEY 20.6 22.0 26.1 Apr07/12 Mar31/12 Apr09/11 US CORN 18.3 20.6 16.8 AVG CARCASS WT Apr07/12 Mar31/12 Apr09/11 WEST STR-LBS 867.0 869.0 831.0 CAN STR-LBS 884.0 881.0 851.0 US CATTLE-LBS 790.0 792.0 771.0 CATTLE PRICES (CANFAX) - $/CWT WEEK END Apr13/12 Apr06/12 Apr15/11 ALBERTA RAILGRADE SALES STR-LOW 182.00 184.50 184.00 STR-HIGH 183.75 185.75 188.75 HFR-LOW 182.25 184.50 187.50 HFR-HIGH 183.50 184.50 189.50 ALBERTA DIRECT SALES STR-RANGE 109.00-112.25 N/A-N/A 110.00-114.25 AVERAGE N/A 109.75 110.99 VOLUME N/A 7,249 10,503 HFR-RANGE 109.00-109.00 110.00-110.00 112.20-112.50 AVERAGE N/A 109.97 110.79 VOLUME N/A 4,498 6,802 OPEN MARKET - $/CWT Apr13/12 Apr06/12 Apr15/11 STEERS - A1,2 AND CHOICE 2-4 ONTARIO N/A-N/A 106.38-115.25 100.85-114.01 NEBRASKA* 123.00-123.50 121.00-123.00 118.00-119.50 HEIFERS - A1,2 AND CHOICE 2-4 ONTARIO N/A-N/A 105.01-117.61 95.80-112.04 NEBRASKA* 123.50-123.50 121.00-123.00 118.00-119.50 COWS - D1,2 CLYDE 65.00-75.00 N/A-N/A 72.00-80.00 SIOUX F* 83.63 84.50 75.75 800-900 LB FEEDER STEERS CLYDE 130.00-138.75 N/A-N/A 120.00-125.25 PONOKA 125.00-138.50 128.00-140.00 117.00-125.00 STRATHMOR 126.00-140.00 N/A-N/A 118.00-127.00 ONTARIO N/A-N/A 132.00-142.00 117.00-133.00 700-800 LB FEEDER STEERS CLYDE 142.00-154.25 N/A-N/A 125.00-135.25 PONOKA 138.00-151.75 130.00-159.00 122.00-136.00 STRATHMOR 135.00-155.00 N/A-N/A 120.00-135.00 C.NEBRAS* N/A-N/A 127.00-179.00 131.00-141.75 600-700 LB FEEDER STEERS CLYDE 157.00-169.00 N/A-N/A 145.00-156.50 PONOKA 151.00-165.00 155.00-175.00 130.00-145.00 STRATHMOR 140.00-182.00 N/A-N/A 130.00-153.00 500-600 LB FEEDER STEERS CLYDE 175.00-190.50 N/A-N/A 153.00-161.50 PONOKA 172.00-188.00 174.00-184.00 145.00-160.00 STRATHMOR 160.00-186.00 N/A-N/A 135.00-162.00 ONTARIO N/A-N/A 132.00-179.00 134.00-167.00 700-800 LB FEEDER HEIFERS CLYDE 130.00-145.25 N/A-N/A 110.00-130.00 PONOKA 126.00-148.50 130.00-143.00 118.00-126.00 STRATHMOR 124.00-146.00 N/A-N/A 110.00-128.00 500-600 LB FEEDER HEIFERS CLYDE 150.00-161.00 N/A-N/A 130.00-141.00 PONOKA 150.00-167.00 150.00-165.00 127.00-137.00 STRATHMOR 140.00-170.00 N/A-N/A 120.00-145.00 NOTE: * denotes price in US Dollars ** Alberta breakdown not available PRELIM LIVE ANIMAL TRADE - WEEK ENDING Mar30/2012 CATTLE FROM US TO US TO US TO US SLTR SLTR FDR HOGS CANADA 0 14,536 6,227 17,760 EAST 0 2,284 33 6,730 WEST 0 12,252 6,194 11,030 BEEF WHOLESALE PRICES - $/CWT WEEK ENDING Apr13/12 Apr06/12 Apr15/11 CALGARY-STRS N/A-N/A N/A-N/A N/A-N/A CDA CUTOUT AAA N/A N/A 182.41 CDA CUTOUT AA/A N/A N/A 180.22 US BOXED BEEF CUTOUT - US $/CWT WEEK END Apr13/12 Apr06/12 Apr15/11 CHOICE 6-900 177.79 N/A 188.89 SELECT 6-900 177.20 N/A 185.01 HOG SLAUGHTER WEEK END Apr07/12(prel) Mar31/12(prel) Apr09/11 CANADA 357,862 410,162 402,393 EAST 217,770 240,539 234,618 WEST 140,092 169,623 167,775 AB/BC** 47,474 59,358 57,343 WEEK END Apr14/12(est) Apr07/12(est) Apr16/11 US 2,044,000 2,124,000 2,028,300 HOG CASH PRICES - INDEX 100 - $/KG WEEK END Apr12/12 Apr05/12 Apr14/11 ALTA AVG 1.467 1.449 1.527 ONT AVG N/A 1.708 1.838 INTERIOR IOWA MINNESOTA HOG CASH PRICES WEEK END Apr13/12 Apr06/12 Apr15/11 US $/CWT 80.41 83.85 91.82 CAN EQVT $/KG 1.531 1.588 1.684 US PORK CARCASS CUTOUT US $/CWT 77.01 78.73 95.90 HOG FUTURES - US$/CWT CAN/US$ CLOSE Apr13/2012 MTH LEAN CHG MTH FUTURES CHG APR 82.75 -1.75 JUN 1.0003 -0.0044 MAY 90.13 -4.10 SEP .9983 -0.0044 JUN 90.22 -3.30 DEC .9962 -0.0044 JUL 90.53 -2.77 MAR .9940 -0.0043 AUG 91.00 -2.85 JUN .9916 -0.0044 OCT 83.55 -1.80 SEP .9892 -0.0043 HOG INDICATORS WEEK END Apr07/12 Mar31/12 Apr09/11 AV DRSD WT US-LBS 209.0 209.0 209.0 FD:HOG RATIO Apr06/12Mar30/12Apr08/11 US CORN 12.1 13.1 12.0 Apr06/12 Mar30/12 Apr08/11 ALTA BARLEY 9.9 10.3 12.6 SHEEP AND LAMB PRICES - Most Recent Sale to Apr12/2012 MARKET LAMBS - FEEDER LAMBS SHEEP (95-109 LBS) (<80 LBS) (ALL WTS.) ONTARIO N/A- N/A N/A- N/A N/A TEXAS (US$) N/A N/A 81.50$/CWT MARKET LAMB PRICES - Most Recent Sale to Apr05/2012 CENTRAL ALTA 182.40-184.32 (INNISFAIL)