CAN/US $ Apr20 100.90 Apr13 100.21 Apr22/11 105.05 BANK RATE % Apr17 1.25 Apr10 1.25 Apr19/11 1.25 CATTLE SLAUGHTER WEEK END Apr14/12(prel) Apr07/12(prel) Apr16/11 CANADA 58,109 41,747 56,719 EAST 13,540 11,653 14,261 WEST 44,569 30,094 42,458 WEEK END Apr21/12(est) Apr14/12(est) Apr23/11 US 598,000 582,000 648,600 CANADIAN CATTLE GRADES WEEK END Apr14/12 Apr07/12 Apr16/11 A 46,963 31,464 45,498 B 568 577 318 D 7,076 6,497 3,525 E 468 296 599 A GRADE MARBLING (%) WEEK END Apr14/12 Apr07/12 Apr16/11 A 1.1% 1.4% 2.4% AA 31.1% 31.8% 38.8% AAA 67.8% 66.8% 58.8% CANADIAN CATTLE CLASSES WEEK END Apr14/12(prel) Apr07/12(prel) Apr16/11 STEERS 24,238 17,696 24,859 HEIFERS 24,128 14,751 21,996 COWS 9,255 9,025 9,221 BULLS 488 275 643 CALVES 4,016 4,607 4,608 CATTLE FUTURES - US $/CWT - CLOSE Apr20/2012 MTH LIVE CHG MTH FEEDER CHG APR 120.55 +0.02 APR 150.13 -0.40 JUN 115.45 -0.63 MAY 151.90 +0.38 AUG 118.85 -0.20 AUG 155.32 +0.10 OCT 124.60 -0.50 SEP 157.10 +0.38 DEC 126.85 -0.65 OCT 157.90 +0.13 FEB 128.10 -0.65 NOV 159.25 +1.07 WEEK END Apr20/12 Apr13/12 Apr22/11 US FSP - US$/CWT 150.18 149.14 132.40 CATTLE INDICATORS BY PROD VAL Apr13/12 Apr06/12 Apr15/11 EAST-$/HEAD N/A N/A 112.00 WEST-$/HEAD N/A N/A N/A US-US$/CWT 13.23 13.12 13.72 CURRENTNESS Apr14/12 Apr07/12 Apr16/11 WEST-A1% 44.2% 45.5% 52.8% CAN-A1% 47.0% 46.9% 54.3% FD:STR RATIO Apr13/12 Apr06/12 Apr15/11 ALTA BARLEY 20.3 20.6 N/A Apr14/12 Apr07/12 Apr16/11 US CORN 19.0 18.3 16.8 AVG CARCASS WT Apr14/12 Apr07/12 Apr16/11 WEST STR-LBS 875.0 867.0 822.0 CAN STR-LBS 882.0 884.0 843.0 US CATTLE-LBS 787.0 790.0 770.0 CATTLE PRICES (CANFAX) - $/CWT WEEK END Apr20/12 Apr13/12 Apr22/11 ALBERTA RAILGRADE SALES STR-LOW 184.50 182.00 184.75 STR-HIGH 186.50 183.75 187.00 HFR-LOW 185.50 182.25 184.75 HFR-HIGH 185.75 183.50 186.75 ALBERTA DIRECT SALES STR-RANGE 109.00-111.25 109.00-112.25 108.00-110.50 AVERAGE N/A 109.37 109.30 VOLUME N/A 9,278 10,830 HFR-RANGE 111.00-111.25 109.00-109.00 108.80-109.95 AVERAGE N/A 109.10 109.02 VOLUME N/A 4,639 5,670 OPEN MARKET - $/CWT Apr20/12 Apr13/12 Apr22/11 STEERS - A1,2 AND CHOICE 2-4 ONTARIO N/A-N/A 101.80-119.74 105.92-110.62 NEBRASKA* 123.00-125.00 119.50-124.00 117.50-120.00 HEIFERS - A1,2 AND CHOICE 2-4 ONTARIO N/A-N/A 101.37-116.18 102.55-110.42 NEBRASKA* 123.00-124.50 120.00-123.50 119.00-120.00 COWS - D1,2 CLYDE 65.00-75.00 65.00-75.00 72.00-85.00 SIOUX F* N/A 83.63 79.50 800-900 LB FEEDER STEERS CLYDE 130.00-145.75 130.00-138.75 116.00-122.25 PONOKA 129.00-139.50 125.00-138.50 114.00-118.00 STRATHMOR N/A-N/A 126.00-140.00 N/A-N/A ONTARIO N/A-N/A 129.00-145.00 107.00-129.00 700-800 LB FEEDER STEERS CLYDE 142.00-157.25 142.00-154.25 125.00-132.25 PONOKA 138.00-146.50 138.00-151.75 124.00-135.00 STRATHMOR N/A-N/A 135.00-155.00 N/A-N/A C.NEBRAS* N/A-N/A 141.00-165.00 131.00-138.75 600-700 LB FEEDER STEERS CLYDE 157.00-167.00 157.00-169.00 145.00-150.50 PONOKA 147.00-164.00 151.00-165.00 134.00-160.00 STRATHMOR N/A-N/A 140.00-182.00 N/A-N/A 500-600 LB FEEDER STEERS CLYDE 170.00-178.50 175.00-190.50 153.00-162.50 PONOKA 165.00-180.00 172.00-188.00 150.00-168.00 STRATHMOR N/A-N/A 160.00-186.00 N/A-N/A ONTARIO N/A-N/A 133.00-176.00 119.00-164.00 700-800 LB FEEDER HEIFERS CLYDE 130.00-140.25 130.00-145.25 110.00-125.00 PONOKA 132.00-142.00 126.00-148.50 118.00-127.00 STRATHMOR N/A-N/A 124.00-146.00 N/A-N/A 500-600 LB FEEDER HEIFERS CLYDE 150.00-158.00 150.00-161.00 130.00-141.00 PONOKA 145.00-160.00 150.00-167.00 130.00-142.50 STRATHMOR N/A-N/A 140.00-170.00 N/A-N/A NOTE: * denotes price in US Dollars ** Alberta breakdown not available PRELIM LIVE ANIMAL TRADE - WEEK ENDING Apr06/2012 CATTLE FROM US TO US TO US TO US SLTR SLTR FDR HOGS CANADA 0 14,611 5,504 14,673 EAST 0 2,849 32 5,909 WEST 0 11,762 5,472 8,764 BEEF WHOLESALE PRICES - $/CWT WEEK ENDING Apr20/12 Apr13/12 Apr22/11 CALGARY-STRS N/A-N/A N/A-N/A N/A-N/A CDA CUTOUT AAA N/A 180.44 177.86 CDA CUTOUT AA/A N/A 180.08 175.94 US BOXED BEEF CUTOUT - US $/CWT WEEK END Apr20/12 Apr13/12 Apr22/11 CHOICE 6-900 185.12 177.79 187.38 SELECT 6-900 183.12 177.20 182.20 HOG SLAUGHTER WEEK END Apr14/12(prel) Apr07/12(prel) Apr16/11 CANADA 381,091 357,862 399,028 EAST 216,352 217,770 234,599 WEST 164,739 140,092 164,429 AB/BC** 55,586 47,474 57,008 WEEK END Apr21/12(est) Apr14/12(est) Apr23/11 US 2,084,000 2,044,000 2,060,500 HOG CASH PRICES - INDEX 100 - $/KG WEEK END Apr19/12 Apr12/12 Apr21/11 ALTA AVG 1.447 1.470 1.581 ONT AVG N/A 1.713 1.868 INTERIOR IOWA MINNESOTA HOG CASH PRICES WEEK END Apr20/12 Apr13/12 Apr22/11 US $/CWT 80.85 80.41 94.27 CAN EQVT $/KG 1.529 1.531 1.712 US PORK CARCASS CUTOUT US $/CWT 78.09 78.33 95.86 HOG FUTURES - US$/CWT CAN/US$ CLOSE Apr20/2012 MTH LEAN CHG MTH FUTURES CHG MAY 87.50 -2.63 JUN 1.0057 +0.0054 JUN 87.40 -2.82 SEP 1.0034 +0.0051 JUL 87.95 -2.58 DEC 1.0010 +0.0048 AUG 88.50 -2.50 MAR .9982 +0.0042 OCT 81.15 -2.40 JUN .9953 +0.0037 DEC 78.80 -2.42 SEP .9924 +0.0032 HOG INDICATORS WEEK END Apr14/12 Apr07/12 Apr16/11 AV DRSD WT US-LBS 209.0 209.0 208.0 FD:HOG RATIO Apr13/12Apr06/12Apr15/11 US CORN 12.2 12.1 12.4 Apr13/12 Apr06/12 Apr15/11 ALTA BARLEY 9.9 9.9 N/A SHEEP AND LAMB PRICES - Most Recent Sale to Apr19/2012 MARKET LAMBS - FEEDER LAMBS SHEEP (95-109 LBS) (<80 LBS) (ALL WTS.) ONTARIO 211.35-229.46 235.68-310.62 N/A TEXAS (US$) N/A N/A 81.50$/CWT MARKET LAMB PRICES - Most Recent Sale to Apr12/2012 CENTRAL ALTA 167.52-167.52 (INNISFAIL)