CAN/US $ Jun22 97.47 Jun15 97.62 Jun24/11 101.53 BANK RATE % Jun19 1.25 Jun12 1.25 Jun21/11 1.25 CATTLE SLAUGHTER WEEK END Jun16/12(prel) Jun09/12(prel) Jun18/11 CANADA 56,155 56,597 59,948 EAST 11,408 12,276 14,136 WEST 44,747 44,321 45,812 WEEK END Jun23/12(est) Jun16/12(est) Jun25/11 US 649,000 653,000 690,500 CANADIAN CATTLE GRADES WEEK END Jun16/12 Jun09/12 Jun18/11 A 47,591 48,491 50,071 B 847 823 653 D 6,146 5,823 3,970 E 416 268 410 A GRADE MARBLING (%) WEEK END Jun16/12 Jun09/12 Jun18/11 A 2.8% 2.0% 4.2% AA 45.8% 42.3% 46.1% AAA 51.5% 55.7% 49.6% CANADIAN CATTLE CLASSES WEEK END Jun16/12(prel) Jun09/12(prel) Jun18/11 STEERS 32,612 31,197 32,437 HEIFERS 16,440 18,684 19,081 COWS 6,726 6,479 7,976 BULLS 377 237 454 CALVES 4,416 4,489 4,817 CATTLE FUTURES - US $/CWT - CLOSE Jun22/2012 MTH LIVE CHG MTH FEEDER CHG JUN 116.90 +0.75 AUG 152.80 -3.22 AUG 116.90 +0.25 SEP 154.90 -2.53 OCT 121.20 +0.08 OCT 156.07 -2.40 DEC 124.63 +0.42 NOV 157.32 -2.00 FEB 127.00 +0.40 JAN 157.25 -1.68 APR 128.80 +0.45 MAR 158.15 -1.35 WEEK END Jun22/12 Jun15/12 Jun24/11 US FSP - US$/CWT 152.89 153.89 130.08 CATTLE INDICATORS BY PROD VAL Jun15/12 Jun08/12 Jun17/11 EAST-$/HEAD N/A N/A 111.00 WEST-$/HEAD N/A N/A N/A US-US$/CWT 13.01 13.05 13.73 CURRENTNESS Jun16/12 Jun09/12 Jun18/11 WEST-A1% 49.3% 50.9% 57.6% CAN-A1% 51.8% 53.2% 58.6% FD:STR RATIO Jun15/12 Jun08/12 Jun17/11 ALTA BARLEY 21.4 21.6 21.3 Jun16/12 Jun09/12 Jun18/11 US CORN 18.5 19.4 15.8 AVG CARCASS WT Jun16/12 Jun09/12 Jun18/11 WEST STR-LBS 853.0 846.0 808.0 CAN STR-LBS 856.0 853.0 813.0 US CATTLE-LBS 783.0 780.0 763.0 CATTLE PRICES (CANFAX) - $/CWT WEEK END Jun22/12 Jun15/12 Jun24/11 ALBERTA RAILGRADE SALES STR-LOW 183.50 187.00 171.00 STR-HIGH 184.50 190.00 173.85 HFR-LOW 184.50 187.00 171.75 HFR-HIGH 184.50 189.85 173.85 ALBERTA DIRECT SALES STR-RANGE 109.00-110.75 110.80-113.00 101.45-102.25 AVERAGE N/A 112.96 102.20 VOLUME N/A 11,569 16,221 HFR-RANGE 110.00-110.75 N/A-N/A 101.25-102.00 AVERAGE N/A 112.39 101.54 VOLUME N/A 7,682 7,025 OPEN MARKET - $/CWT Jun22/12 Jun15/12 Jun24/11 STEERS - A1,2 AND CHOICE 2-4 ONTARIO N/A-N/A 109.43-123.39 104.93-113.95 NEBRASKA* N/A-N/A 118.00-120.00 111.00-113.00 HEIFERS - A1,2 AND CHOICE 2-4 ONTARIO N/A-N/A 109.56-123.68 98.29-112.83 NEBRASKA* N/A-N/A 118.00-120.00 112.00-113.00 COWS - D1,2 CLYDE 70.00-78.00 70.00-88.00 N/A-N/A SIOUX F* N/A 79.56 73.25 800-900 LB FEEDER STEERS CLYDE 130.00-150.25 130.00-150.25 N/A-N/A PONOKA 141.00-150.50 135.00-146.00 112.00-124.50 STRATHMOR 125.00-148.00 125.00-152.00 110.00-130.00 ONTARIO N/A-N/A 130.00-148.00 103.00-119.00 700-800 LB FEEDER STEERS CLYDE 155.00-170.25 155.00-166.75 N/A-N/A PONOKA 150.00-164.00 147.00-159.00 125.00-133.00 STRATHMOR 132.00-156.00 132.00-159.00 110.00-128.00 C.NEBRAS* N/A-N/A 151.00-170.25 133.50-153.75 600-700 LB FEEDER STEERS CLYDE 160.00-177.75 160.00-181.75 N/A-N/A PONOKA 165.00-173.00 160.00-182.00 135.00-144.00 STRATHMOR 135.00-178.00 135.00-178.00 130.00-149.00 500-600 LB FEEDER STEERS CLYDE 170.00-188.50 170.00-188.50 N/A-N/A PONOKA 180.00-194.00 175.00-193.00 140.00-150.00 STRATHMOR 150.00-188.00 150.00-188.00 130.00-155.00 ONTARIO N/A-N/A 143.00-182.00 121.00-149.00 700-800 LB FEEDER HEIFERS CLYDE 120.00-142.00 120.00-148.75 N/A-N/A PONOKA 137.00-148.00 140.00-150.00 116.00-129.00 STRATHMOR 124.00-144.00 124.00-142.00 108.00-120.00 500-600 LB FEEDER HEIFERS CLYDE 160.00-171.50 160.00-176.50 N/A-N/A PONOKA 150.00-164.00 152.00-167.00 130.00-137.00 STRATHMOR 140.00-176.00 140.00-172.00 115.00-140.00 NOTE: * denotes price in US Dollars ** Alberta breakdown not available PRELIM LIVE ANIMAL TRADE - WEEK ENDING Jun08/2012 CATTLE FROM US TO US TO US TO US SLTR SLTR FDR HOGS CANADA 0 10,756 3,138 102,293 EAST 0 2,388 57 6,699 WEST 0 8,368 3,081 95,594 BEEF WHOLESALE PRICES - $/CWT WEEK ENDING Jun22/12 Jun15/12 Jun24/11 CDA CUTOUT AAA N/A 199.04 168.52 CDA CUTOUT AA/A N/A 195.06 165.62 US BOXED BEEF CUTOUT - US $/CWT WEEK END Jun22/12 Jun15/12 Jun24/11 CHOICE 6-900 197.45 197.82 177.16 SELECT 6-900 180.38 182.20 172.41 HOG SLAUGHTER WEEK END Jun16/12(prel) Jun09/12(prel) Jun18/11 CANADA 388,594 384,241 396,493 EAST 219,756 221,238 233,155 WEST 168,838 163,003 163,338 AB/BC** 55,347 55,580 56,020 WEEK END Jun23/12(est) Jun16/12(est) Jun25/11 US 1,954,000 1,957,000 1,960,700 HOG CASH PRICES - INDEX 100 - $/KG WEEK END Jun21/12 Jun14/12 Jun23/11 ALTA AVG 1.828 1.698 1.628 ONT AVG N/A 1.914 1.921 INTERIOR IOWA MINNESOTA HOG CASH PRICES WEEK END Jun22/12 Jun15/12 Jun24/11 US $/CWT 102.36 100.09 99.78 CAN EQVT $/KG 2.003 1.956 1.875 US PORK CARCASS CUTOUT US $/CWT 100.81 90.12 97.70 HOG FUTURES - US$/CWT CAN/US$ CLOSE Jun22/2012 MTH LEAN CHG MTH FUTURES CHG JUL 94.92 +1.90 SEP .9739 -0.0015 AUG 91.38 +0.17 DEC .9721 -0.0018 OCT 81.55 +0.50 MAR .9705 -0.0020 DEC 79.03 +1.18 JUN .9688 -0.0023 FEB 81.45 +1.45 SEP .9672 -0.0021 APR 83.10 +0.70 DEC .9652 N/A HOG INDICATORS WEEK END Jun16/12 Jun09/12 Jun18/11 AV DRSD WT US-LBS 207.0 208.0 206.0 FD:HOG RATIO Jun15/12Jun08/12Jun17/11 US CORN 15.0 14.6 13.5 Jun15/12 Jun08/12 Jun17/11 ALTA BARLEY 11.6 11.1 12.2 SHEEP AND LAMB PRICES - Most Recent Sale to Jun21/2012 MARKET LAMBS - FEEDER LAMBS SHEEP (95-109 LBS) (<80 LBS) (ALL WTS.) ONTARIO 164.07-181.76 169.54-225.93 N/A TEXAS (US$) N/A N/A 53.00$/CWT MARKET LAMB PRICES - Most Recent Sale to Jun14/2012 CENTRAL ALTA N/A- N/A (INNISFAIL)