CAN/US $ Jul20 98.87 Jul13 98.51 Jul22/11 105.24 BANK RATE % Jul17 1.25 Jul10 1.25 Jul19/11 1.25 CATTLE SLAUGHTER WEEK END Jul14/12(prel) Jul07/12(prel) Jul16/11 CANADA 53,170 51,175 64,312 EAST 12,322 9,716 13,598 WEST 40,848 41,459 50,377 WEEK END Jul21/12(est) Jul14/12(est) Jul23/11 US 654,000 641,000 653,700 CANADIAN CATTLE GRADES WEEK END Jul14/12 Jul07/12 Jul16/11 A 44,544 42,372 54,899 B 859 808 981 D 6,367 6,820 3,243 E 356 290 387 A GRADE MARBLING (%) WEEK END Jul14/12 Jul07/12 Jul16/11 A 2.7% 2.3% 3.6% AA 46.8% 45.5% 48.6% AAA 50.5% 52.2% 47.8% CANADIAN CATTLE CLASSES WEEK END Jul14/12(prel) Jul07/12(prel) Jul16/11 STEERS 32,247 27,979 39,217 HEIFERS 13,720 15,467 17,586 COWS 6,868 7,462 7,126 BULLS 335 267 383 CALVES 4,711 3,885 4,887 CATTLE FUTURES - US $/CWT - CLOSE Jul20/2012 MTH LIVE CHG MTH FEEDER CHG AUG 117.95 +0.75 AUG 136.10 -2.90 OCT 123.10 +1.65 SEP 138.53 -3.63 DEC 126.30 +1.40 OCT 140.50 -3.80 FEB 128.60 +0.15 NOV 142.28 -3.28 APR 131.90 +0.65 JAN 145.18 -3.20 JUN 129.60 +0.50 MAR 147.95 -3.15 WEEK END Jul20/12 Jul13/12 Jul22/11 US FSP - US$/CWT 137.39 143.71 135.90 CATTLE INDICATORS BY PROD VAL Jul13/12 Jul06/12 Jul15/11 EAST-$/HEAD N/A N/A 112.00 WEST-$/HEAD N/A N/A N/A US-US$/CWT 13.17 12.94 13.69 CURRENTNESS Jul14/12 Jul07/12 Jul16/11 WEST-A1% 55.0% 52.0% 58.4% CAN-A1% 58.1% 55.0% 58.5% FD:STR RATIO Jul13/12 Jul06/12 Jul15/11 ALTA BARLEY 17.6 18.1 23.3 Jul14/12 Jul07/12 Jul16/11 US CORN 15.4 15.7 15.3 AVG CARCASS WT Jul14/12 Jul07/12 Jul16/11 WEST STR-LBS 862.0 868.0 844.0 CAN STR-LBS 861.0 866.0 841.0 US CATTLE-LBS 791.0 787.0 771.0 CATTLE PRICES (CANFAX) - $/CWT WEEK END Jul20/12 Jul13/12 Jul22/11 ALBERTA RAILGRADE SALES STR-LOW 179.50 182.75 N/A STR-HIGH 179.85 184.75 N/A HFR-LOW 179.50 183.50 N/A HFR-HIGH 179.50 183.85 N/A ALBERTA DIRECT SALES STR-RANGE N/A-N/A 111.25-112.00 N/A-N/A AVERAGE N/A 110.43 N/A VOLUME N/A 14,698 N/A HFR-RANGE 110.00-110.00 109.00-111.00 N/A-N/A AVERAGE N/A 109.43 N/A VOLUME N/A 8,216 N/A OPEN MARKET - $/CWT Jul20/12 Jul13/12 Jul22/11 STEERS - A1,2 AND CHOICE 2-4 ONTARIO N/A-N/A 101.46-120.50 99.47-112.69 NEBRASKA* N/A-N/A 112.00-115.00 108.00-109.00 HEIFERS - A1,2 AND CHOICE 2-4 ONTARIO N/A-N/A 97.02-120.32 95.05-110.17 NEBRASKA* N/A-N/A 112.00-115.00 108.00-109.00 COWS - D1,2 CLYDE 70.00-81.00 70.00-78.00 N/A-N/A SIOUX F* 71.38 74.50 N/A 800-900 LB FEEDER STEERS CLYDE 130.00-140.50 130.00-144.50 N/A-N/A PONOKA 134.00-142.00 135.00-145.00 115.00-130.00 STRATHMOR N/A-N/A N/A-N/A 116.00-132.00 ONTARIO N/A-N/A 134.00-150.00 117.00-126.00 700-800 LB FEEDER STEERS CLYDE 150.00-155.25 155.00-164.25 N/A-N/A PONOKA 139.00-147.00 140.00-152.00 122.00-135.00 STRATHMOR N/A-N/A N/A-N/A 120.00-138.00 C.NEBRAS* N/A-N/A 136.00-157.50 125.50-145.00 600-700 LB FEEDER STEERS CLYDE 165.00-183.00 165.00-183.00 N/A-N/A PONOKA 150.00-163.00 150.00-165.00 135.00-150.00 STRATHMOR N/A-N/A N/A-N/A 130.00-152.00 500-600 LB FEEDER STEERS CLYDE 170.00-180.50 170.00-180.50 N/A-N/A PONOKA 160.00-178.00 165.00-180.00 145.00-160.00 STRATHMOR N/A-N/A N/A-N/A 130.00-155.00 ONTARIO N/A-N/A 151.00-191.00 121.00-146.00 700-800 LB FEEDER HEIFERS CLYDE 125.00-142.00 125.00-142.00 N/A-N/A PONOKA 134.00-139.00 129.00-141.00 115.00-127.00 STRATHMOR N/A-N/A N/A-N/A 118.00-135.00 500-600 LB FEEDER HEIFERS CLYDE 150.00-160.50 150.00-160.50 N/A-N/A PONOKA 142.00-155.00 150.00-160.00 130.00-140.00 STRATHMOR N/A-N/A N/A-N/A 115.00-140.00 NOTE: * denotes price in US Dollars ** Alberta breakdown not available PRELIM LIVE ANIMAL TRADE - WEEK ENDING Jul06/2012 CATTLE FROM US TO US TO US TO US SLTR SLTR FDR HOGS CANADA 0 7,821 761 14,295 EAST 0 2,665 71 6,058 WEST 0 5,156 690 8,237 BEEF WHOLESALE PRICES - $/CWT WEEK ENDING Jul20/12 Jul13/12 Jul22/11 CDA CUTOUT AAA N/A 191.93 171.13 CDA CUTOUT AA/A N/A 186.86 168.34 US BOXED BEEF CUTOUT - US $/CWT WEEK END Jul20/12 Jul13/12 Jul22/11 CHOICE 6-900 182.07 187.33 178.50 SELECT 6-900 172.05 173.81 172.14 HOG SLAUGHTER WEEK END Jul14/12(prel) Jul07/12(prel) Jul16/11 CANADA 399,373 352,667 402,574 EAST 230,284 195,362 236,367 WEST 169,089 157,305 166,207 AB/BC** 56,988 46,219 57,004 WEEK END Jul21/12(est) Jul14/12(est) Jul23/11 US 1,961,000 1,959,000 1,989,800 HOG CASH PRICES - INDEX 100 - $/KG WEEK END Jul19/12 Jul12/12 Jul21/11 ALTA AVG N/A 1.792 1.607 ONT AVG N/A 2.097 1.884 INTERIOR IOWA MINNESOTA HOG CASH PRICES WEEK END Jul20/12 Jul13/12 Jul22/11 US $/CWT 95.30 91.86 99.55 CAN EQVT $/KG 1.839 1.779 1.804 US PORK CARCASS CUTOUT US $/CWT 91.21 89.61 99.55 HOG FUTURES - US$/CWT CAN/US$ CLOSE Jul20/2012 MTH LEAN CHG MTH FUTURES CHG AUG 93.70 +3.30 SEP .9866 +0.0021 OCT 79.80 +0.33 DEC .9846 +0.0021 DEC 76.65 -0.35 MAR .9826 +0.0018 FEB 80.85 -0.68 JUN .9807 +0.0014 APR 85.88 +0.70 SEP .9788 +0.0013 MAY 91.95 +0.92 DEC .9771 +0.0017 HOG INDICATORS WEEK END Jul14/12 Jul07/12 Jul16/11 AV DRSD WT US-LBS 204.0 205.0 203.0 FD:HOG RATIO Jul13/12Jul06/12Jul15/11 US CORN 12.7 13.4 12.7 Jul13/12 Jul06/12 Jul15/11 ALTA BARLEY 10.4 11.0 12.8 SHEEP AND LAMB PRICES - Most Recent Sale to Jul19/2012 MARKET LAMBS - FEEDER LAMBS SHEEP (95-109 LBS) (<80 LBS) (ALL WTS.) ONTARIO 145.96-159.73 147.69-211.58 N/A TEXAS (US$) N/A N/A 55.50$/CWT MARKET LAMB PRICES - Most Recent Sale to Jul12/2012 CENTRAL ALTA 138.24-151.68 (INNISFAIL)