Weekly Livestock Market Review - May 11, 2012

The next weekly will be published on Friday, May 18, 2012
This information is collected by the Statistics and Data Development Branch

CAN/US $ May11 100.32 May04 100.44 May13/11 103.00
BANK RATE % May08  1.25 May01  1.25 May10/11  1.25

CATTLE SLAUGHTER
WEEK END  May05/12(prel)  Apr28/12(prel)  May07/11
CANADA      60,517          55,999          62,161
EAST        14,250          14,264          14,551
WEST        46,267          41,735          47,610
WEEK END  May12/12(est)   May05/12(est)   May14/11
US         639,000         623,000         650,200
CANADIAN CATTLE GRADES
WEEK END  May05/12        Apr28/12        May07/11
A           50,849          46,675          51,701
B              587             803             465
D            5,420           4,885           4,069
E              273             263             419
A GRADE MARBLING (%)
WEEK END  May05/12        Apr28/12        May07/11
A             1.7%            1.7%            2.8%
AA           35.6%           34.0%           43.6%
AAA          62.7%           64.2%           53.6%
CANADIAN CATTLE CLASSES
WEEK END  May05/12(prel)  Apr28/12(prel)  May07/11
STEERS      29,470          24,933          32,867
HEIFERS     22,789          23,293          20,415
COWS         7,928           7,427           8,360
BULLS          330             346             519
CALVES       4,777           4,704           4,825

CATTLE FUTURES - US $/CWT - CLOSE May11/2012
MTH   LIVE      CHG            MTH   FEEDER    CHG
JUN  115.15   -0.22            MAY  149.70   -2.85
AUG  117.70   -0.80            AUG  157.47   -0.63
OCT  122.60   -1.20            SEP  158.63   -0.60
DEC  125.50   -1.65            OCT  160.00   -0.18
FEB  127.10   -1.63            NOV  160.57   -0.43
APR  128.80   -1.32            JAN  161.20   +0.50
WEEK END        May11/12     May04/12     May13/11
US FSP - US$/CWT  148.71       147.85       129.35

CATTLE INDICATORS
BY PROD VAL     May04/12     Apr27/12     May06/11
  EAST-$/HEAD        N/A          N/A       110.00
  WEST-$/HEAD        N/A          N/A          N/A
  US-US$/CWT       13.78        13.63        13.59
CURRENTNESS     May05/12     Apr28/12     May07/11
  WEST-A1%         48.5%        47.8%        56.1%
  CAN-A1%          50.8%        50.1%        57.6%
FD:STR RATIO    May04/12     Apr27/12     May06/11
  ALTA BARLEY       19.2         20.0         22.9
                May05/12     Apr28/12     May07/11
  US CORN           18.9         19.0         16.4

AVG CARCASS WT  May05/12     Apr28/12     May07/11
  WEST STR-LBS     852.0        849.0        807.0
  CAN STR-LBS      865.0        865.0        827.0
  US CATTLE-LBS    780.0        781.0        760.0

CATTLE PRICES (CANFAX) - $/CWT
WEEK END  May11/12        May04/12        May13/11
            ALBERTA RAILGRADE SALES
STR-LOW     185.00          180.00          172.50
STR-HIGH    188.00          182.50          176.75
HFR-LOW     185.00          181.75          172.50
HFR-HIGH    186.75          181.75          177.50
            ALBERTA DIRECT SALES
STR-RANGE 110.50-113.25  107.25-110.25  102.50-104.00
AVERAGE        N/A          109.29          103.69
VOLUME         N/A          10,166          11,348
HFR-RANGE 111.00-113.25  109.00-110.25  103.25-103.25
AVERAGE        N/A          109.55          103.26
VOLUME         N/A           3,924           5,715

OPEN MARKET - $/CWT
          May11/12        May04/12        May13/11
          STEERS - A1,2 AND CHOICE 2-4
ONTARIO      N/A-N/A     103.21-116.25  100.82-111.46
NEBRASKA*    N/A-N/A     120.00-123.00  113.00-115.00
          HEIFERS - A1,2 AND CHOICE 2-4
ONTARIO      N/A-N/A     100.42-114.18  101.31-112.89
NEBRASKA*    N/A-N/A     120.00-123.00  112.00-114.50
          COWS - D1,2
CLYDE      65.00-79.00    65.00-77.00    70.00-78.00
SIOUX F*     84.00           83.38           87.00

          800-900 LB FEEDER STEERS
CLYDE     130.00-142.75  130.00-143.75  110.00-118.00
PONOKA    131.00-139.00  128.00-139.00  110.00-125.00
STRATHMOR    N/A-N/A        N/A-N/A     110.00-124.00
ONTARIO      N/A-N/A     133.00-147.00  106.00-122.00
          700-800 LB FEEDER STEERS
CLYDE     142.00-152.50  142.00-155.25  125.00-136.00
PONOKA    138.00-152.50  140.00-158.00  125.00-140.00
STRATHMOR    N/A-N/A        N/A-N/A     120.00-135.00
C.NEBRAS*    N/A-N/A     148.50-160.25  132.75-138.00
          600-700 LB FEEDER STEERS
CLYDE     160.00-169.75  160.00-173.25  145.00-154.50
PONOKA    161.00-171.00  155.00-170.00  135.00-155.00
STRATHMOR    N/A-N/A        N/A-N/A     130.00-152.00
          500-600 LB FEEDER STEERS
CLYDE     165.00-175.50  170.00-180.50  153.00-165.00
PONOKA    170.00-176.50  165.00-180.00  145.00-160.00
STRATHMOR    N/A-N/A        N/A-N/A     135.00-158.00
ONTARIO      N/A-N/A     130.00-184.00  125.00-156.00
          700-800 LB FEEDER HEIFERS
CLYDE     120.00-133.00  130.00-140.00  110.00-130.50
PONOKA    133.00-141.00  127.00-140.00  112.00-120.00
STRATHMOR    N/A-N/A        N/A-N/A     110.00-128.00
          500-600 LB FEEDER HEIFERS
CLYDE     150.00-157.00  150.00-159.00  130.00-140.00
PONOKA    154.00-167.00  145.00-160.00  130.00-140.00
STRATHMOR    N/A-N/A        N/A-N/A     120.00-142.00


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

PRELIM LIVE ANIMAL TRADE - WEEK ENDING Apr27/2012
CATTLE       FROM US     TO US     TO US     TO US
                SLTR      SLTR       FDR      HOGS
CANADA             0    12,742     3,699    16,740
EAST               0     2,477        33     6,723
WEST               0    10,265     3,666    10,017

BEEF WHOLESALE PRICES - $/CWT
WEEK ENDING     May11/12     May04/12     May13/11
CALGARY-STRS     N/A-N/A      N/A-N/A      N/A-N/A
CDA CUTOUT AAA       N/A       185.61       169.23
CDA CUTOUT AA/A      N/A       184.41       167.71

US BOXED BEEF CUTOUT - US $/CWT
WEEK END        May11/12     May04/12     May13/11
CHOICE 6-900      190.37       190.66       176.54
SELECT 6-900      184.71       186.37       170.80

HOG SLAUGHTER
WEEK END  May05/12(prel)  Apr28/12(prel)  May07/11
CANADA     394,054         402,658         404,952
EAST       231,905         239,100         238,177
WEST       162,149         163,558         166,775
AB/BC**     55,764          53,531          59,341
WEEK END  May12/12(est)   May05/12(est)   May14/11
US       2,089,000       2,069,000       1,980,500

HOG CASH PRICES - INDEX 100 - $/KG
WEEK END  May10/12        May03/12        May12/11
ALTA AVG     1.387           1.407           1.531
ONT AVG        N/A           1.685           1.828
INTERIOR IOWA MINNESOTA HOG CASH PRICES
WEEK END        May11/12     May04/12     May13/11
US $/CWT           78.26        76.59        92.29
CAN EQVT $/KG      1.488        1.455        1.709
US PORK CARCASS CUTOUT
US $/CWT           80.55        78.22        93.08
HOG FUTURES - US$/CWT       CAN/US$ CLOSE May11/2012
MTH   LEAN      CHG            MTH   FUTURES   CHG
MAY   79.53   -0.27            JUN   .9990 -0.0048
JUN   85.30   +1.58            SEP   .9969 -0.0046
JUL   85.15   -0.20            DEC   .9947 -0.0042
AUG   85.65   -0.45            MAR   .9922 -0.0040
OCT   79.15   -0.63            JUN   .9898 -0.0035
DEC   76.58   -1.52            SEP   .9868 -0.0043
HOG INDICATORS
WEEK END            May05/12   Apr28/12   May07/11
  AV DRSD WT US-LBS    209.0      209.0      208.0
FD:HOG RATIO        May04/12Apr27/12May06/11
  US CORN               12.1       12.6       12.8
                    May04/12   Apr27/12   May06/11
  ALTA BARLEY            9.0        9.5       12.1
SHEEP AND LAMB PRICES - Most Recent Sale to May10/2012
             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$)        N/A           N/A      56.50$/CWT
MARKET LAMB PRICES - Most Recent Sale to May03/2012
CENTRAL ALTA 175.68-176.16
(INNISFAIL)