CAN/US $ Jul06 98.05 Jun29 98.13 Jul08/11 103.87 BANK RATE % Jul03 1.25 Jun26 1.25 Jul05/11 1.25 CATTLE SLAUGHTER WEEK END Jun30/12(prel) Jun23/12(prel) Jul02/11 CANADA 52,568 53,971 49,817 EAST 12,149 12,163 12,171 WEST 40,419 41,808 37,646 WEEK END Jul07/12(est) Jun30/12(est) Jul09/11 US 571,000 653,000 584,800 CANADIAN CATTLE GRADES WEEK END Jun30/12 Jun23/12 Jul02/11 A 44,948 46,104 40,718 B 986 1,000 842 D 5,339 5,468 3,227 E 421 309 247 A GRADE MARBLING (%) WEEK END Jun30/12 Jun23/12 Jul02/11 A 2.5% 3.0% 4.6% AA 45.2% 44.2% 52.1% AAA 52.4% 52.8% 43.3% CANADIAN CATTLE CLASSES WEEK END Jun30/12(prel) Jun23/12(prel) Jul02/11 STEERS 31,049 30,140 29,592 HEIFERS 15,035 17,356 12,754 COWS 6,072 6,174 7,216 BULLS 412 301 255 CALVES 4,332 4,627 3,881 CATTLE FUTURES - US $/CWT - CLOSE Jul06/2012 MTH LIVE CHG MTH FEEDER CHG AUG 119.20 -1.25 AUG 146.53 -4.92 OCT 123.65 -0.75 SEP 150.05 -4.35 DEC 127.85 +0.45 OCT 152.60 -3.63 FEB 130.80 +1.35 NOV 154.13 -2.93 APR 133.25 +1.35 JAN 155.50 -2.25 JUN 129.75 +1.55 MAR 156.10 -2.25 WEEK END Jul06/12 Jun29/12 Jul08/11 US FSP - US$/CWT 146.16 147.66 136.34 CATTLE INDICATORS BY PROD VAL Jun29/12 Jun22/12 Jul01/11 EAST-$/HEAD N/A N/A 111.00 WEST-$/HEAD N/A N/A N/A US-US$/CWT 12.92 13.07 13.69 CURRENTNESS Jun30/12 Jun23/12 Jul02/11 WEST-A1% 51.1% 48.0% 61.0% CAN-A1% 54.0% 51.7% 60.8% FD:STR RATIO Jun29/12 Jun22/12 Jul01/11 ALTA BARLEY 19.3 20.4 22.1 Jun30/12 Jun23/12 Jul02/11 US CORN 17.3 24.4 15.8 AVG CARCASS WT Jun30/12 Jun23/12 Jul02/11 WEST STR-LBS 867.0 856.0 809.0 CAN STR-LBS 865.0 859.0 815.0 US CATTLE-LBS 786.0 784.0 768.0 CATTLE PRICES (CANFAX) - $/CWT WEEK END Jul06/12 Jun29/12 Jul08/11 ALBERTA RAILGRADE SALES STR-LOW 180.00 180.50 169.75 STR-HIGH 183.00 180.50 171.75 HFR-LOW 180.00 179.75 170.75 HFR-HIGH 182.85 180.50 171.75 ALBERTA DIRECT SALES STR-RANGE 108.50-111.00 107.65-109.50 99.50-101.00 AVERAGE N/A 108.36 101.26 VOLUME N/A 7,683 14,402 HFR-RANGE 110.00-110.00 107.65-109.50 100.90-101.00 AVERAGE N/A 108.27 101.03 VOLUME N/A 6,016 5,766 OPEN MARKET - $/CWT Jul06/12 Jun29/12 Jul08/11 STEERS - A1,2 AND CHOICE 2-4 ONTARIO N/A-N/A 108.00-120.99 101.69-115.65 NEBRASKA* N/A-N/A 116.00-117.75 115.00-116.00 HEIFERS - A1,2 AND CHOICE 2-4 ONTARIO N/A-N/A 104.90-117.78 97.47-111.36 NEBRASKA* N/A-N/A 115.00-117.00 113.00-116.00 COWS - D1,2 CLYDE 70.00-78.00 70.00-78.00 60.00-75.00 SIOUX F* N/A 79.88 77.25 800-900 LB FEEDER STEERS CLYDE 130.00-147.50 130.00-147.50 113.00-123.50 PONOKA 137.00-146.00 140.00-148.00 115.00-127.00 STRATHMOR 125.00-148.00 125.00-148.00 N/A-N/A ONTARIO N/A-N/A 127.00-150.00 118.00-126.00 700-800 LB FEEDER STEERS CLYDE 155.00-165.25 155.00-165.25 125.00-141.50 PONOKA 140.00-156.00 142.00-160.00 125.00-143.00 STRATHMOR 125.00-154.00 125.00-148.00 N/A-N/A C.NEBRAS* N/A-N/A 145.00-163.75 132.25-154.85 600-700 LB FEEDER STEERS CLYDE 160.00-174.75 160.00-174.75 135.00-146.00 PONOKA 154.00-167.00 160.00-172.00 148.00-158.00 STRATHMOR 135.00-172.00 135.00-176.00 N/A-N/A 500-600 LB FEEDER STEERS CLYDE 170.00-184.50 170.00-184.50 145.00-155.75 PONOKA 162.00-182.00 168.00-185.00 160.00-175.00 STRATHMOR 150.00-188.00 150.00-188.00 N/A-N/A ONTARIO N/A-N/A 141.00-182.00 136.00-152.00 700-800 LB FEEDER HEIFERS CLYDE 120.00-144.00 120.00-144.00 110.00-128.75 PONOKA 128.00-138.00 130.00-141.00 123.00-132.50 STRATHMOR 124.00-144.00 124.00-144.00 N/A-N/A 500-600 LB FEEDER HEIFERS CLYDE 160.00-167.50 160.00-167.50 127.00-139.50 PONOKA 150.00-160.00 155.00-164.00 138.00-147.00 STRATHMOR 140.00-165.00 140.00-170.00 N/A-N/A NOTE: * denotes price in US Dollars ** Alberta breakdown not available PRELIM LIVE ANIMAL TRADE - WEEK ENDING Jun22/2012 CATTLE FROM US TO US TO US TO US SLTR SLTR FDR HOGS CANADA 0 9,881 2,678 19,309 EAST 0 2,518 70 7,492 WEST 0 7,363 2,608 11,817 BEEF WHOLESALE PRICES - $/CWT WEEK ENDING Jul06/12 Jun29/12 Jul08/11 CDA CUTOUT AAA N/A 197.95 170.49 CDA CUTOUT AA/A N/A 191.55 168.39 US BOXED BEEF CUTOUT - US $/CWT WEEK END Jul06/12 Jun29/12 Jul08/11 CHOICE 6-900 193.52 196.58 179.36 SELECT 6-900 176.38 179.80 173.97 HOG SLAUGHTER WEEK END Jun30/12(prel) Jun23/12(prel) Jul02/11 CANADA 365,251 391,209 333,288 EAST 200,876 224,233 198,302 WEST 164,375 166,976 134,986 AB/BC** 59,193 57,353 50,008 WEEK END Jul07/12(est) Jun30/12(est) Jul09/11 US 1,760,000 1,999,000 1,730,700 HOG CASH PRICES - INDEX 100 - $/KG WEEK END Jul05/12 Jun28/12 Jul07/11 ALTA AVG N/A 1.860 1.638 ONT AVG N/A 2.147 2.000 INTERIOR IOWA MINNESOTA HOG CASH PRICES WEEK END Jul06/12 Jun29/12 Jul08/11 US $/CWT 99.33 99.15 91.94 CAN EQVT $/KG 1.933 1.928 1.688 US PORK CARCASS CUTOUT US $/CWT 90.13 98.38 96.83 HOG FUTURES - US$/CWT CAN/US$ CLOSE Jul06/2012 MTH LEAN CHG MTH FUTURES CHG JUL 96.22 -0.40 SEP .9786 -0.0030 AUG 93.30 -1.48 DEC .9767 -0.0030 OCT 82.25 -0.70 MAR .9751 -0.0031 DEC 80.30 +0.00 JUN .9734 -0.0030 FEB 83.60 +0.90 SEP .9718 -0.0030 APR 86.08 +1.20 DEC .9699 -0.0027 HOG INDICATORS WEEK END Jun30/12 Jun23/12 Jul02/11 AV DRSD WT US-LBS 206.0 207.0 205.0 FD:HOG RATIO Jun29/12Jun22/12Jul01/11 US CORN 14.7 15.8 14.5 Jun29/12 Jun22/12 Jul01/11 ALTA BARLEY 12.0 12.3 13.6 SHEEP AND LAMB PRICES - Most Recent Sale to Jul05/2012 MARKET LAMBS - FEEDER LAMBS SHEEP (95-109 LBS) (<80 LBS) (ALL WTS.) ONTARIO 140.40-155.33 155.79-223.00 N/A TEXAS (US$) N/A N/A N/A MARKET LAMB PRICES - Most Recent Sale to Jun28/2012 CENTRAL ALTA 144.48-152.64 (INNISFAIL)