CAN/US $ Jun29 98.13 Jun22 97.47 Jul01/11 103.70 BANK RATE % Jun26 1.25 Jun19 1.25 Jun28/11 1.25 CATTLE SLAUGHTER WEEK END Jun23/12(prel) Jun16/12(prel) Jun25/11 CANADA 53,971 56,155 58,756 EAST 12,163 11,408 12,910 WEST 41,808 44,747 45,846 WEEK END Jun30/12(est) Jun23/12(est) Jul02/11 US 653,000 649,000 669,800 CANADIAN CATTLE GRADES WEEK END Jun23/12 Jun16/12 Jun25/11 A 46,104 47,591 50,267 B 1,000 847 859 D 5,468 6,146 3,209 E 309 416 346 A GRADE MARBLING (%) WEEK END Jun23/12 Jun16/12 Jun25/11 A 3.0% 2.8% 4.2% AA 44.2% 45.8% 50.3% AAA 52.8% 51.5% 45.5% CANADIAN CATTLE CLASSES WEEK END Jun23/12(prel) Jun16/12(prel) Jun25/11 STEERS 30,140 32,612 35,503 HEIFERS 17,356 16,440 16,165 COWS 6,174 6,726 6,723 BULLS 301 377 365 CALVES 4,627 4,416 3,990 CATTLE FUTURES - US $/CWT - CLOSE Jun29/2012 MTH LIVE CHG MTH FEEDER CHG AUG 120.45 +3.55 AUG 151.45 -1.35 OCT 124.40 +3.20 SEP 154.40 -0.50 DEC 127.40 +2.78 OCT 156.22 +0.15 FEB 129.45 +2.45 NOV 157.05 -0.27 APR 131.90 +3.10 JAN 157.75 +0.50 JUN 128.20 +2.70 MAR 158.35 +0.20 WEEK END Jun29/12 Jun22/12 Jul01/11 US FSP - US$/CWT 147.66 152.89 134.02 CATTLE INDICATORS BY PROD VAL Jun22/12 Jun15/12 Jun24/11 EAST-$/HEAD N/A N/A 111.00 WEST-$/HEAD N/A N/A N/A US-US$/CWT 13.07 13.01 13.77 CURRENTNESS Jun23/12 Jun16/12 Jun25/11 WEST-A1% 48.0% 49.3% 61.9% CAN-A1% 51.7% 51.8% 61.2% FD:STR RATIO Jun22/12 Jun15/12 Jun24/11 ALTA BARLEY 20.4 21.4 22.4 Jun23/12 Jun16/12 Jun25/11 US CORN 24.4 18.5 16.3 AVG CARCASS WT Jun23/12 Jun16/12 Jun25/11 WEST STR-LBS 856.0 853.0 804.0 CAN STR-LBS 859.0 856.0 812.0 US CATTLE-LBS 784.0 783.0 765.0 CATTLE PRICES (CANFAX) - $/CWT WEEK END Jun29/12 Jun22/12 Jul01/11 ALBERTA RAILGRADE SALES STR-LOW 180.50 183.50 169.50 STR-HIGH 180.50 184.50 169.85 HFR-LOW 179.75 184.50 169.75 HFR-HIGH 180.50 184.50 169.85 ALBERTA DIRECT SALES STR-RANGE 107.65-109.50 109.00-110.75 100.30-101.90 AVERAGE N/A 109.83 101.14 VOLUME N/A 9,824 15,011 HFR-RANGE 107.65-109.50 110.00-110.75 102.00-102.00 AVERAGE N/A 109.15 100.97 VOLUME N/A 6,665 8,651 OPEN MARKET - $/CWT Jun29/12 Jun22/12 Jul01/11 STEERS - A1,2 AND CHOICE 2-4 ONTARIO N/A-N/A 111.68-122.72 104.11-114.20 NEBRASKA* N/A-N/A N/A-N/A 111.00-113.00 HEIFERS - A1,2 AND CHOICE 2-4 ONTARIO N/A-N/A 105.33-123.21 99.51-113.53 NEBRASKA* N/A-N/A N/A-N/A 110.50-113.00 COWS - D1,2 CLYDE 70.00-78.00 70.00-78.00 60.00-75.00 SIOUX F* 79.88 77.31 78.00 800-900 LB FEEDER STEERS CLYDE 130.00-147.50 130.00-150.25 110.00-123.25 PONOKA 140.00-148.00 141.00-150.50 115.00-129.00 STRATHMOR 125.00-148.00 125.00-148.00 N/A-N/A ONTARIO N/A-N/A 141.00-155.00 108.00-124.00 700-800 LB FEEDER STEERS CLYDE 155.00-165.25 155.00-170.25 123.00-132.00 PONOKA 142.00-160.00 150.00-164.00 120.00-135.00 STRATHMOR 125.00-148.00 132.00-156.00 N/A-N/A C.NEBRAS* N/A-N/A 153.75-156.00 138.35-144.50 600-700 LB FEEDER STEERS CLYDE 160.00-174.75 160.00-177.75 135.00-146.00 PONOKA 160.00-172.00 165.00-173.00 135.00-154.00 STRATHMOR 135.00-176.00 135.00-178.00 N/A-N/A 500-600 LB FEEDER STEERS CLYDE 170.00-184.50 170.00-188.50 145.00-159.75 PONOKA 168.00-185.00 180.00-194.00 140.00-160.00 STRATHMOR 150.00-188.00 150.00-188.00 N/A-N/A ONTARIO N/A-N/A 138.00-186.00 123.00-147.00 700-800 LB FEEDER HEIFERS CLYDE 120.00-144.00 120.00-142.00 110.00-120.00 PONOKA 130.00-141.00 137.00-148.00 115.00-126.00 STRATHMOR 124.00-144.00 124.00-144.00 N/A-N/A 500-600 LB FEEDER HEIFERS CLYDE 160.00-167.50 160.00-171.50 127.00-139.50 PONOKA 155.00-164.00 150.00-164.00 125.00-136.00 STRATHMOR 140.00-170.00 140.00-176.00 N/A-N/A NOTE: * denotes price in US Dollars ** Alberta breakdown not available PRELIM LIVE ANIMAL TRADE - WEEK ENDING Jun15/2012 CATTLE FROM US TO US TO US TO US SLTR SLTR FDR HOGS CANADA 0 11,089 2,354 17,481 EAST 0 2,824 57 6,897 WEST 0 8,265 2,297 10,584 BEEF WHOLESALE PRICES - $/CWT WEEK ENDING Jun29/12 Jun22/12 Jul01/11 CDA CUTOUT AAA N/A 197.61 169.22 CDA CUTOUT AA/A N/A 193.92 166.45 US BOXED BEEF CUTOUT - US $/CWT WEEK END Jun29/12 Jun22/12 Jul01/11 CHOICE 6-900 196.58 197.45 178.54 SELECT 6-900 179.80 180.38 172.98 HOG SLAUGHTER WEEK END Jun23/12(prel) Jun16/12(prel) Jun25/11 CANADA 391,209 388,382 380,197 EAST 224,233 219,756 210,874 WEST 166,976 168,626 169,323 AB/BC** 57,353 57,706 59,367 WEEK END Jun30/12(est) Jun23/12(est) Jul02/11 US 1,999,000 1,954,000 1,960,300 HOG CASH PRICES - INDEX 100 - $/KG WEEK END Jun28/12 Jun21/12 Jun30/11 ALTA AVG 1.860 1.830 1.715 ONT AVG N/A 2.028 2.040 INTERIOR IOWA MINNESOTA HOG CASH PRICES WEEK END Jun29/12 Jun22/12 Jul01/11 US $/CWT 99.15 102.36 94.26 CAN EQVT $/KG 1.928 2.003 1.734 US PORK CARCASS CUTOUT US $/CWT 95.43 101.29 97.56 HOG FUTURES - US$/CWT CAN/US$ CLOSE Jun29/2012 MTH LEAN CHG MTH FUTURES CHG JUL 96.63 +1.70 SEP .9816 +0.0077 AUG 94.78 +3.40 DEC .9797 +0.0076 OCT 82.95 +1.40 MAR .9782 +0.0077 DEC 80.30 +1.27 JUN .9764 +0.0076 FEB 82.70 +1.25 SEP .9748 +0.0076 APR 84.88 +1.78 DEC .9726 +0.0074 HOG INDICATORS WEEK END Jun23/12 Jun16/12 Jun25/11 AV DRSD WT US-LBS 207.0 207.0 206.0 FD:HOG RATIO Jun22/12Jun15/12Jun24/11 US CORN 15.8 15.0 15.3 Jun22/12 Jun15/12 Jun24/11 ALTA BARLEY 12.3 11.7 12.9 SHEEP AND LAMB PRICES - Most Recent Sale to Jun28/2012 MARKET LAMBS - FEEDER LAMBS SHEEP (95-109 LBS) (<80 LBS) (ALL WTS.) ONTARIO 157.40-171.67 168.75-249.48 N/A TEXAS (US$) N/A N/A 51.00$/CWT MARKET LAMB PRICES - Most Recent Sale to Jun21/2012 CENTRAL ALTA 145.92-152.16 (INNISFAIL)