CAN/US $ Oct26 100.10 Oct19 100.68 Oct28/11 100.43 BANK RATE % Oct23 1.25 Oct16 1.25 Oct25/11 1.25 CATTLE SLAUGHTER WEEK END Oct20/12(prel) Oct13/12(prel) Oct22/11 CANADA 34,922 40,866 57,223 EAST 13,873 11,896 15,441 WEST 21,049 28,970 41,782 WEEK END Oct27/12(est) Oct20/12(est) Oct29/11 US 641,000 634,000 672,400 CANADIAN CATTLE GRADES WEEK END Oct20/12 Oct13/12 Oct22/11 A 28,662 34,195 44,238 B 674 703 1,033 D 4,539 4,856 7,424 E 9 129 549 A GRADE MARBLING (%) WEEK END Oct20/12 Oct13/12 Oct22/11 A 2.2% 2.1% 3.7% AA 40.5% 40.4% 45.3% AAA 57.3% 57.5% 51.0% CANADIAN CATTLE CLASSES WEEK END Oct20/12(prel) Oct13/12(prel) Oct22/11 STEERS 19,643 22,524 25,720 HEIFERS 9,997 12,713 19,927 COWS 5,280 5,520 10,934 BULLS 2 109 642 CALVES 3,346 3,255 4,501 CATTLE FUTURES - US $/CWT - CLOSE Oct26/2012 MTH LIVE CHG MTH FEEDER CHG OCT 125.50 -0.80 NOV 145.32 -3.05 DEC 125.25 -2.03 JAN 147.07 -3.15 FEB 129.18 -1.82 MAR 149.65 -2.55 APR 133.40 -1.38 APR 151.30 -2.42 JUN 130.10 -1.10 MAY 152.63 -2.68 AUG 129.90 -1.13 AUG 155.88 -1.90 WEEK END Oct26/12 Oct19/12 Oct28/11 US FSP - US$/CWT 144.92 144.80 140.10 CATTLE INDICATORS BY PROD VAL Oct19/12 Oct12/12 Oct21/11 EAST-$/HEAD N/A N/A N/A WEST-$/HEAD N/A N/A N/A US-US$/CWT 13.20 13.28 12.99 CURRENTNESS Oct20/12 Oct13/12 Oct22/11 WEST-A1% 32.4% 38.2% 42.0% CAN-A1% 40.6% 42.7% 44.4% FD:STR RATIO Oct19/12 Oct12/12 Oct21/11 ALTA BARLEY 17.3 17.6 23.8 Oct20/12 Oct13/12 Oct22/11 US CORN 16.0 15.8 18.7 AVG CARCASS WT Oct20/12 Oct13/12 Oct22/11 WEST STR-LBS 899.0 892.0 895.0 CAN STR-LBS 901.0 896.0 892.0 US CATTLE-LBS 800.0 798.0 777.0 CATTLE PRICES (CANFAX) - $/CWT WEEK END Oct26/12 Oct19/12 Oct28/11 ALBERTA RAILGRADE SALES STR-LOW 183.00 N/A 181.75 STR-HIGH 184.25 N/A 182.85 HFR-LOW 183.00 N/A 182.00 HFR-HIGH 185.50 N/A 182.85 ALBERTA DIRECT SALES STR-RANGE 110.00-110.00 106.00-108.00 108.65-108.65 AVERAGE N/A 106.80 109.50 VOLUME N/A 8,763 6,555 HFR-RANGE N/A-N/A 107.40-108.00 108.65-108.80 AVERAGE N/A 107.49 108.68 VOLUME N/A 2,948 3,337 OPEN MARKET - $/CWT Oct26/12 Oct19/12 Oct28/11 STEERS - A1,2 AND CHOICE 2-4 ONTARIO N/A-N/A 100.72-120.46 105.08-115.88 NEBRASKA* 125.00-128.00 123.00-128.00 119.50-123.50 HEIFERS - A1,2 AND CHOICE 2-4 ONTARIO N/A-N/A 96.79-113.21 98.13-113.70 NEBRASKA* 124.00-128.00 124.00-128.00 121.00-123.50 COWS - D1,2 CLYDE 55.00-65.00 55.00-65.00 63.00-70.00 SIOUX F* 72.25 77.50 71.00 800-900 LB FEEDER STEERS CLYDE 125.00-133.75 122.00-131.25 125.00-144.50 PONOKA 127.00-135.00 123.00-132.00 126.00-137.00 STRATHMOR 122.00-136.00 122.00-134.00 120.00-139.00 ONTARIO N/A-N/A 120.00-139.00 124.00-139.00 700-800 LB FEEDER STEERS CLYDE 135.00-140.25 135.00-140.25 125.00-148.00 PONOKA 137.00-143.00 130.00-140.00 135.00-146.00 STRATHMOR 128.00-143.00 125.00-144.00 130.00-150.00 C.NEBRAS* N/A-N/A 140.00-155.50 137.25-162.00 600-700 LB FEEDER STEERS CLYDE 140.00-160.00 140.00-142.75 142.00-152.00 PONOKA 140.00-150.00 135.00-147.00 143.00-160.00 STRATHMOR 135.00-150.00 138.00-157.00 138.00-161.00 500-600 LB FEEDER STEERS CLYDE 155.00-171.00 155.00-171.00 155.00-168.25 PONOKA 155.00-168.00 147.00-155.00 150.00-173.00 STRATHMOR 145.00-172.00 150.00-174.00 155.00-178.00 ONTARIO N/A-N/A 132.00-170.00 141.00-177.00 700-800 LB FEEDER HEIFERS CLYDE 120.00-126.75 120.00-128.00 115.00-133.75 PONOKA 122.00-131.00 116.00-129.00 122.00-130.00 STRATHMOR 118.00-130.00 118.00-130.00 120.00-138.00 500-600 LB FEEDER HEIFERS CLYDE 125.00-144.00 125.00-140.00 130.00-149.00 PONOKA 130.00-153.00 125.00-135.00 135.00-167.00 STRATHMOR 130.00-152.00 130.00-152.00 135.00-162.00 NOTE: * denotes price in US Dollars ** Alberta breakdown not available PRELIM LIVE ANIMAL TRADE - WEEK ENDING Oct12/2012 CATTLE FROM US TO US TO US TO US SLTR SLTR FDR HOGS CANADA 0 19,993 2,448 18,130 EAST 0 4,219 97 7,364 WEST 0 15,774 2,351 10,766 BEEF WHOLESALE PRICES - $/CWT WEEK ENDING Oct26/12 Oct19/12 Oct28/11 CDA CUTOUT AAA N/A N/A 176.51 CDA CUTOUT AA/A N/A N/A 167.16 US BOXED BEEF CUTOUT - US $/CWT WEEK END Oct26/12 Oct19/12 Oct28/11 CHOICE 6-900 198.49 195.65 186.97 SELECT 6-900 182.21 180.30 168.88 HOG SLAUGHTER WEEK END Oct20/12(prel) Oct13/12(prel) Oct22/11 CANADA 440,694 373,389 440,317 EAST 261,419 217,388 262,427 WEST 179,275 156,001 177,890 AB/BC** 56,647 46,947 59,882 WEEK END Oct27/12(est) Oct20/12(est) Oct29/11 US 2,379,000 2,388,000 2,307,800 HOG CASH PRICES - INDEX 100 - $/KG WEEK END Oct25/12 Oct18/12 Oct27/11 ALTA AVG N/A 1.443 1.652 ONT AVG N/A N/A 1.981 INTERIOR IOWA MINNESOTA HOG CASH PRICES WEEK END Oct26/12 Oct19/12 Oct28/11 US $/CWT 82.35 82.41 87.78 CAN EQVT $/KG 1.569 1.561 1.667 US PORK CARCASS CUTOUT US $/CWT 85.17 88.24 97.49 HOG FUTURES - US$/CWT CAN/US$ CLOSE Oct26/2012 MTH LEAN CHG MTH FUTURES CHG DEC 78.90 -0.72 DEC .9999 -0.0053 FEB 84.45 -1.25 MAR .9978 -0.0052 APR 90.25 -0.55 JUN .9956 -0.0052 MAY 97.97 -0.13 SEP .9933 -0.0053 JUN 100.68 -0.15 DEC .9910 -0.0052 JUL 100.30 -0.03 MAR .9886 -0.0053 HOG INDICATORS WEEK END Oct20/12 Oct13/12 Oct22/11 AV DRSD WT US-LBS 202.0 202.0 204.0 FD:HOG RATIO Oct19/12Oct12/12Oct21/11 US CORN 10.6 10.1 14.2 Oct19/12 Oct12/12 Oct21/11 ALTA BARLEY 8.5 8.5 13.1 SHEEP AND LAMB PRICES - Most Recent Sale to Oct25/2012 MARKET LAMBS - FEEDER LAMBS SHEEP (95-109 LBS) (<80 LBS) (ALL WTS.) ONTARIO 151.67-167.85 128.78-200.91 N/A TEXAS (US$) N/A N/A 59.50$/CWT MARKET LAMB PRICES - Most Recent Sale to Oct18/2012 CENTRAL ALTA 101.76-120.48 (INNISFAIL)