Weekly Livestock Market Review - May 18, 2012

The next weekly will be published on Friday, May 25, 2012
This information is collected by the Statistics and Data Development Branch

CAN/US $ May18  97.94 May11 100.32 May20/11 102.72
BANK RATE % May15  1.25 May08  1.25 May17/11  1.25

CATTLE SLAUGHTER
WEEK END  May12/12(prel)  May05/12(prel)  May14/11
CANADA      56,001          60,517          55,921
EAST        14,174          14,250          14,183
WEST        41,827          46,267          41,738
WEEK END  May19/12(est)   May12/12(est)   May21/11
US         641,000         639,000         661,700
CANADIAN CATTLE GRADES
WEEK END  May12/12        May05/12        May14/11
A           46,149          50,849          47,277
B              742             587             392
D            5,653           5,420           3,052
E              335             273             261
A GRADE MARBLING (%)
WEEK END  May12/12        May05/12        May14/11
A             1.8%            1.7%            2.7%
AA           36.2%           35.6%           44.8%
AAA          62.0%           62.7%           52.5%
CANADIAN CATTLE CLASSES
WEEK END  May12/12(prel)  May05/12(prel)  May14/11
STEERS      27,765          29,470          29,882
HEIFERS     19,804          22,789          18,724
COWS         8,060           7,928           6,975
BULLS          372             330             340
CALVES       4,551           4,777           4,485

CATTLE FUTURES - US $/CWT - CLOSE May18/2012
MTH   LIVE      CHG            MTH   FEEDER    CHG
JUN  119.53   +4.38            MAY  151.30   +1.60
AUG  121.93   +4.22            AUG  160.70   +3.22
OCT  126.30   +3.70            SEP  161.72   +3.10
DEC  128.60   +3.10            OCT  162.88   +2.88
FEB  130.03   +2.93            NOV  163.47   +2.90
APR  131.60   +2.80            JAN  163.35   +2.15
WEEK END        May18/12     May11/12     May20/11
US FSP - US$/CWT  148.38       148.71       128.02

CATTLE INDICATORS
BY PROD VAL     May11/12     May04/12     May13/11
  EAST-$/HEAD        N/A          N/A       110.00
  WEST-$/HEAD        N/A          N/A          N/A
  US-US$/CWT       13.78        13.78        13.56
CURRENTNESS     May12/12     May05/12     May14/11
  WEST-A1%         45.1%        48.5%        58.9%
  CAN-A1%          47.7%        50.8%        59.9%
FD:STR RATIO    May11/12     May04/12     May13/11
  ALTA BARLEY       20.1         19.2         22.8
                May12/12     May05/12     May14/11
  US CORN           20.6         18.9         16.8

AVG CARCASS WT  May12/12     May05/12     May14/11
  WEST STR-LBS     857.0        852.0        812.0
  CAN STR-LBS      867.0        865.0        830.0
  US CATTLE-LBS    777.0        780.0        758.0

CATTLE PRICES (CANFAX) - $/CWT
WEEK END  May18/12        May11/12        May20/11
            ALBERTA RAILGRADE SALES
STR-LOW     186.50          185.00          170.00
STR-HIGH    187.85          188.00          172.85
HFR-LOW     187.00          185.00          170.00
HFR-HIGH    187.85          186.75          172.75
            ALBERTA DIRECT SALES
STR-RANGE 111.85-113.00  110.50-113.25  101.50-102.50
AVERAGE        N/A          111.59          101.59
VOLUME         N/A          16,985          15,607
HFR-RANGE 112.00-112.00  111.00-113.25  102.50-102.75
AVERAGE        N/A          110.85          100.90
VOLUME         N/A           8,774           6,453

OPEN MARKET - $/CWT
          May18/12        May11/12        May20/11
          STEERS - A1,2 AND CHOICE 2-4
ONTARIO      N/A-N/A     108.79-121.79   96.50-111.65
NEBRASKA*    N/A-N/A     120.50-122.00  106.75-109.50
          HEIFERS - A1,2 AND CHOICE 2-4
ONTARIO      N/A-N/A     104.29-115.47  100.85-112.15
NEBRASKA*    N/A-N/A     120.50-122.00  108.00-112.00
          COWS - D1,2
CLYDE      70.00-81.00    65.00-79.00    70.00-81.00
SIOUX F*       N/A           84.00           79.00

          800-900 LB FEEDER STEERS
CLYDE     130.00-144.25  130.00-142.75  114.00-122.50
PONOKA    128.00-141.50  131.00-139.00  110.00-122.25
STRATHMOR 122.00-138.00     N/A-N/A     110.00-124.00
ONTARIO      N/A-N/A     123.00-140.00  111.00-128.00
          700-800 LB FEEDER STEERS
CLYDE     142.00-156.75  142.00-152.50  125.00-133.00
PONOKA    142.00-157.00  138.00-152.50  118.00-130.00
STRATHMOR 126.00-152.00     N/A-N/A     120.00-135.00
C.NEBRAS*    N/A-N/A     146.00-159.50  120.25-135.00
          600-700 LB FEEDER STEERS
CLYDE     155.00-164.75  160.00-169.75  145.00-151.50
PONOKA    150.00-167.00  161.00-171.00  145.00-156.00
STRATHMOR 135.00-178.00     N/A-N/A     130.00-150.00
          500-600 LB FEEDER STEERS
CLYDE     165.00-174.50  165.00-175.50  153.00-165.00
PONOKA    165.00-180.00  170.00-176.50  150.00-158.00
STRATHMOR 150.00-176.00     N/A-N/A     130.00-158.00
ONTARIO      N/A-N/A     141.00-181.00  121.00-149.00
          700-800 LB FEEDER HEIFERS
CLYDE     120.00-136.00  120.00-133.00  115.00-130.00
PONOKA    131.00-136.00  133.00-141.00  108.00-123.00
STRATHMOR 124.00-142.00     N/A-N/A     110.00-128.00
          500-600 LB FEEDER HEIFERS
CLYDE     150.00-157.00  150.00-157.00  130.00-139.00
PONOKA    148.00-162.50  154.00-167.00  128.00-135.00
STRATHMOR 140.00-162.00     N/A-N/A     115.00-140.00


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

PRELIM LIVE ANIMAL TRADE - WEEK ENDING May04/2012
CATTLE       FROM US     TO US     TO US     TO US
                SLTR      SLTR       FDR      HOGS
CANADA             0    10,508     4,503    14,893
EAST               0     2,407        34     5,628
WEST               0     8,101     4,469     9,265

BEEF WHOLESALE PRICES - $/CWT
WEEK ENDING     May18/12     May11/12     May20/11
CALGARY-STRS     N/A-N/A      N/A-N/A      N/A-N/A
CDA CUTOUT AAA       N/A       187.54       168.70
CDA CUTOUT AA/A      N/A       188.14       165.20

US BOXED BEEF CUTOUT - US $/CWT
WEEK END        May18/12     May11/12     May20/11
CHOICE 6-900      191.45       190.37       176.83
SELECT 6-900      186.05       184.71       172.12

HOG SLAUGHTER
WEEK END  May12/12(prel)  May05/12(prel)  May14/11
CANADA     403,488         394,960         385,539
EAST       237,158         232,810         223,533
WEST       166,330         162,149         162,006
AB/BC**     56,558          55,764          57,347
WEEK END  May19/12(est)   May12/12(est)   May21/11
US       2,116,000       2,089,000       2,031,500

HOG CASH PRICES - INDEX 100 - $/KG
WEEK END  May17/12        May10/12        May19/11
ALTA AVG     1.436           1.392           1.575
ONT AVG        N/A           1.665           1.864
INTERIOR IOWA MINNESOTA HOG CASH PRICES
WEEK END        May18/12     May11/12     May20/11
US $/CWT           84.52        78.26        96.70
CAN EQVT $/KG      1.646        1.488        1.796
US PORK CARCASS CUTOUT
US $/CWT           81.48        79.23        97.01
HOG FUTURES - US$/CWT       CAN/US$ CLOSE May18/2012
MTH   LEAN      CHG            MTH   FUTURES   CHG
JUN   87.42   +2.13            JUN   .9784 -0.0206
JUL   88.58   +3.42            SEP   .9764 -0.0205
AUG   88.90   +3.25            DEC   .9745 -0.0202
OCT   81.40   +2.25            MAR   .9724 -0.0198
DEC   79.17   +2.60            JUN   .9704 -0.0194
FEB   80.90   +2.83            SEP   .9684 -0.0184
HOG INDICATORS
WEEK END            May12/12   May05/12   May14/11
  AV DRSD WT US-LBS    209.0      209.0      208.0
FD:HOG RATIO        May11/12May04/12May13/11
  US CORN               12.8       12.1       13.4
                    May11/12   May04/12   May13/11
  ALTA BARLEY            9.1        9.0       12.2
SHEEP AND LAMB PRICES - Most Recent Sale to May17/2012
             MARKET LAMBS - FEEDER LAMBS     SHEEP
             (95-109 LBS)     (<80 LBS)    (ALL WTS.)
ONTARIO      219.11-237.70  224.70-284.48     N/A
TEXAS (US$)        N/A        150.00      58.50$/CWT
MARKET LAMB PRICES - Most Recent Sale to May10/2012
CENTRAL ALTA 168.48-168.48
(INNISFAIL)