CAN/US $ Jul13 98.51 Jul06 98.05 Jul15/11 104.87 BANK RATE % Jul10 1.25 Jul03 1.25 Jul12/11 1.25 CATTLE SLAUGHTER WEEK END Jul07/12(prel) Jun30/12(prel) Jul09/11 CANADA 51,175 52,568 56,219 EAST 9,716 12,149 13,322 WEST 41,459 40,419 42,897 WEEK END Jul14/12(est) Jul07/12(est) Jul16/11 US 641,000 574,000 672,000 CANADIAN CATTLE GRADES WEEK END Jul07/12 Jun30/12 Jul09/11 A 42,372 44,948 47,359 B 808 986 1,047 D 6,820 5,339 2,498 E 290 421 267 A GRADE MARBLING (%) WEEK END Jul07/12 Jun30/12 Jul09/11 A 2.3% 2.5% 3.6% AA 45.5% 45.2% 48.5% AAA 52.2% 52.4% 47.9% CANADIAN CATTLE CLASSES WEEK END Jul07/12(prel) Jun30/12(prel) Jul09/11 STEERS 27,979 31,049 33,103 HEIFERS 15,467 15,035 15,869 COWS 7,462 6,072 6,955 BULLS 267 412 292 CALVES 3,885 4,332 4,732 CATTLE FUTURES - US $/CWT - CLOSE Jul13/2012 MTH LIVE CHG MTH FEEDER CHG AUG 117.20 -2.00 AUG 139.00 -7.53 OCT 121.45 -2.20 SEP 142.15 -7.90 DEC 124.90 -2.95 OCT 144.30 -8.30 FEB 128.45 -2.35 NOV 145.55 -8.57 APR 131.25 -2.00 JAN 148.38 -7.13 JUN 129.10 -0.65 MAR 151.10 -5.00 WEEK END Jul13/12 Jul06/12 Jul15/11 US FSP - US$/CWT 143.71 146.16 139.33 CATTLE INDICATORS BY PROD VAL Jul06/12 Jun29/12 Jul08/11 EAST-$/HEAD N/A N/A 111.00 WEST-$/HEAD N/A N/A N/A US-US$/CWT 12.94 12.92 13.68 CURRENTNESS Jul07/12 Jun30/12 Jul09/11 WEST-A1% 52.0% 51.1% 59.3% CAN-A1% 55.0% 54.0% 59.6% FD:STR RATIO Jul06/12 Jun29/12 Jul08/11 ALTA BARLEY 18.1 19.3 22.4 Jul07/12 Jun30/12 Jul09/11 US CORN 15.7 17.3 17.5 AVG CARCASS WT Jul07/12 Jun30/12 Jul09/11 WEST STR-LBS 868.0 867.0 834.0 CAN STR-LBS 866.0 865.0 835.0 US CATTLE-LBS 787.0 786.0 769.0 CATTLE PRICES (CANFAX) - $/CWT WEEK END Jul13/12 Jul06/12 Jul15/11 ALBERTA RAILGRADE SALES STR-LOW 182.75 180.00 173.00 STR-HIGH 184.75 183.00 176.85 HFR-LOW 183.50 180.00 173.25 HFR-HIGH 183.85 182.85 174.75 ALBERTA DIRECT SALES STR-RANGE 111.25-112.00 108.50-111.00 102.00-105.00 AVERAGE N/A 109.32 103.97 VOLUME N/A 9,017 13,870 HFR-RANGE 109.00-111.00 110.00-110.00 101.50-105.00 AVERAGE N/A 108.97 103.31 VOLUME N/A 7,081 6,738 OPEN MARKET - $/CWT Jul13/12 Jul06/12 Jul15/11 STEERS - A1,2 AND CHOICE 2-4 ONTARIO N/A-N/A 105.78-118.74 99.33-114.65 NEBRASKA* 113.00-115.00 116.50-117.00 111.00-111.50 HEIFERS - A1,2 AND CHOICE 2-4 ONTARIO N/A-N/A 104.96-117.93 91.32-112.77 NEBRASKA* 114.00-115.00 116.50-117.00 111.00-111.00 COWS - D1,2 CLYDE 70.00-78.00 70.00-78.00 60.00-72.00 SIOUX F* 74.50 N/A 77.50 800-900 LB FEEDER STEERS CLYDE 130.00-144.50 130.00-147.50 120.00-130.50 PONOKA 135.00-145.00 137.00-146.00 127.00-130.00 STRATHMOR N/A-N/A 125.00-148.00 116.00-139.00 ONTARIO N/A-N/A 131.00-149.00 114.00-126.00 700-800 LB FEEDER STEERS CLYDE 155.00-164.25 155.00-165.25 125.00-138.50 PONOKA 140.00-152.00 140.00-156.00 128.00-132.00 STRATHMOR N/A-N/A 125.00-154.00 120.00-141.00 C.NEBRAS* N/A-N/A 139.50-153.10 133.75-157.50 600-700 LB FEEDER STEERS CLYDE 165.00-183.00 160.00-174.75 135.00-146.00 PONOKA 150.00-165.00 154.00-167.00 140.00-155.00 STRATHMOR N/A-N/A 135.00-172.00 130.00-152.00 500-600 LB FEEDER STEERS CLYDE 170.00-180.50 170.00-184.50 140.00-155.00 PONOKA 165.00-180.00 162.00-182.00 155.00-168.00 STRATHMOR N/A-N/A 150.00-188.00 130.00-155.00 ONTARIO N/A-N/A 147.00-187.00 127.00-158.00 700-800 LB FEEDER HEIFERS CLYDE 125.00-142.00 120.00-144.00 110.00-120.75 PONOKA 129.00-141.00 128.00-138.00 124.00-129.00 STRATHMOR N/A-N/A 124.00-144.00 118.00-135.00 500-600 LB FEEDER HEIFERS CLYDE 150.00-160.50 160.00-167.50 127.00-132.50 PONOKA 150.00-160.00 150.00-160.00 140.00-148.00 STRATHMOR N/A-N/A 140.00-165.00 115.00-140.00 NOTE: * denotes price in US Dollars ** Alberta breakdown not available PRELIM LIVE ANIMAL TRADE - WEEK ENDING Jun29/2012 CATTLE FROM US TO US TO US TO US SLTR SLTR FDR HOGS CANADA 0 9,929 1,220 18,897 EAST 0 2,504 67 7,816 WEST 0 7,425 1,153 11,081 BEEF WHOLESALE PRICES - $/CWT WEEK ENDING Jul13/12 Jul06/12 Jul15/11 CDA CUTOUT AAA N/A 195.20 173.27 CDA CUTOUT AA/A N/A 188.26 169.92 US BOXED BEEF CUTOUT - US $/CWT WEEK END Jul13/12 Jul06/12 Jul15/11 CHOICE 6-900 187.33 193.52 180.86 SELECT 6-900 173.81 176.38 175.80 HOG SLAUGHTER WEEK END Jul07/12(prel) Jun30/12(prel) Jul09/11 CANADA 352,667 365,354 401,316 EAST 195,362 200,876 230,324 WEST 157,305 164,478 170,992 AB/BC** 46,219 59,296 61,625 WEEK END Jul14/12(est) Jul07/12(est) Jul16/11 US 1,959,000 1,755,000 2,031,900 HOG CASH PRICES - INDEX 100 - $/KG WEEK END Jul12/12 Jul05/12 Jul14/11 ALTA AVG 1.792 1.825 1.577 ONT AVG N/A 2.117 1.943 INTERIOR IOWA MINNESOTA HOG CASH PRICES WEEK END Jul13/12 Jul06/12 Jul15/11 US $/CWT 91.86 99.33 92.71 CAN EQVT $/KG 1.779 1.933 1.687 US PORK CARCASS CUTOUT US $/CWT 89.49 91.55 98.22 HOG FUTURES - US$/CWT CAN/US$ CLOSE Jul13/2012 MTH LEAN CHG MTH FUTURES CHG JUL 97.22 +1.00 SEP .9845 +0.0059 AUG 90.40 -2.90 DEC .9825 +0.0058 OCT 79.47 -2.78 MAR .9808 +0.0057 DEC 77.00 -3.30 JUN .9793 +0.0059 FEB 81.53 -2.07 SEP .9775 +0.0057 APR 85.17 -0.90 DEC .9754 +0.0055 HOG INDICATORS WEEK END Jul07/12 Jun30/12 Jul09/11 AV DRSD WT US-LBS 205.0 206.0 204.0 FD:HOG RATIO Jul06/12Jun29/12Jul08/11 US CORN 13.4 14.7 14.4 Jul06/12 Jun29/12 Jul08/11 ALTA BARLEY 11.0 12.0 13.1 SHEEP AND LAMB PRICES - Most Recent Sale to Jul12/2012 MARKET LAMBS - FEEDER LAMBS SHEEP (95-109 LBS) (<80 LBS) (ALL WTS.) ONTARIO 127.09-142.95 134.68-229.14 N/A TEXAS (US$) N/A N/A 57.00$/CWT MARKET LAMB PRICES - Most Recent Sale to Jul05/2012 CENTRAL ALTA 147.36-149.76 (INNISFAIL)