CAN/US $ Nov23 100.74 Nov16 99.72 Nov25/11 95.36 BANK RATE % Nov20 1.25 Nov13 1.25 Nov22/11 1.25 CATTLE SLAUGHTER WEEK END Nov17/12(prel) Nov10/12(prel) Nov19/11 CANADA 46,136 46,901 56,424 EAST 13,816 13,400 15,567 WEST 32,320 33,501 40,857 WEEK END Nov24/12(est) Nov17/12(est) Nov26/11 US 583,000 629,000 561,300 CANADIAN CATTLE GRADES WEEK END Nov17/12 Nov10/12 Nov19/11 A 35,821 39,116 40,091 B 720 760 953 D 8,509 5,866 11,074 E 20 13 478 A GRADE MARBLING (%) WEEK END Nov17/12 Nov10/12 Nov19/11 A 2.0% 2.5% 2.4% AA 38.3% 38.9% 46.7% AAA 59.6% 58.6% 51.0% CANADIAN CATTLE CLASSES WEEK END Nov17/12(prel) Nov10/12(prel) Nov19/11 STEERS 24,206 26,091 26,089 HEIFERS 12,725 14,118 15,158 COWS 9,204 6,684 14,596 BULLS 1 8 581 CALVES 4,173 4,195 4,482 CATTLE FUTURES - US $/CWT - CLOSE Nov23/2012 MTH LIVE CHG MTH FEEDER CHG DEC 128.95 +2.80 JAN 147.88 +2.28 FEB 132.72 +2.70 MAR 150.43 +2.30 APR 136.45 +2.38 APR 151.95 +2.15 JUN 132.28 +2.30 MAY 153.38 +2.18 AUG 131.47 +1.80 AUG 157.15 +2.25 OCT 134.45 +2.05 SEP 158.00 +2.25 WEEK END Nov23/12 Nov16/12 Nov25/11 US FSP - US$/CWT 143.36 143.48 142.28 CATTLE INDICATORS BY PROD VAL Nov16/12 Nov09/12 Nov18/11 EAST-$/HEAD N/A N/A N/A WEST-$/HEAD N/A N/A N/A US-US$/CWT 12.93 12.88 12.35 CURRENTNESS Nov17/12 Nov10/12 Nov19/11 WEST-A1% 39.9% 41.4% 47.8% CAN-A1% 42.9% 45.0% 49.4% FD:STR RATIO Nov16/12 Nov09/12 Nov18/11 ALTA BARLEY 18.6 18.7 24.1 Nov17/12 Nov10/12 Nov19/11 US CORN 16.8 16.5 19.9 AVG CARCASS WT Nov17/12 Nov10/12 Nov19/11 WEST STR-LBS 873.0 888.0 920.0 CAN STR-LBS 891.0 897.0 915.0 US CATTLE-LBS 797.0 798.0 779.0 CATTLE PRICES (CANFAX) - $/CWT WEEK END Nov23/12 Nov16/12 Nov25/11 ALBERTA RAILGRADE SALES STR-LOW 193.75 188.75 194.50 STR-HIGH 194.75 189.50 200.75 HFR-LOW N/A 189.50 194.50 HFR-HIGH N/A 189.50 197.75 ALBERTA DIRECT SALES STR-RANGE 114.15-116.25 113.25-114.00 115.65-118.00 AVERAGE N/A 113.93 118.31 VOLUME N/A 10,083 12,922 HFR-RANGE 113.65-116.25 115.00-115.00 114.40-119.00 AVERAGE N/A 113.80 116.93 VOLUME N/A 6,573 2,839 OPEN MARKET - $/CWT Nov23/12 Nov16/12 Nov25/11 STEERS - A1,2 AND CHOICE 2-4 ONTARIO N/A-N/A 90.13-117.30 109.31-121.18 NEBRASKA* 126.00-128.50 124.00-126.00 124.00-128.00 HEIFERS - A1,2 AND CHOICE 2-4 ONTARIO N/A-N/A 100.92-115.82 106.37-121.56 NEBRASKA* 126.00-128.75 125.00-126.50 125.00-128.00 COWS - D1,2 CLYDE 55.00-65.00 55.00-65.00 60.00-70.00 SIOUX F* 72.63 74.88 65.00 800-900 LB FEEDER STEERS CLYDE 125.00-132.75 125.00-132.75 130.00-141.75 PONOKA 123.00-134.50 127.00-135.25 132.00-141.50 STRATHMOR 122.00-139.00 122.00-136.00 120.00-144.00 ONTARIO N/A-N/A 121.00-140.00 119.00-139.00 700-800 LB FEEDER STEERS CLYDE 130.00-136.25 130.00-136.25 130.00-143.75 PONOKA 134.00-139.00 135.00-140.00 133.00-141.00 STRATHMOR 126.00-145.00 126.00-143.00 130.00-151.00 C.NEBRAS* N/A-N/A 140.00-156.50 130.50-159.50 600-700 LB FEEDER STEERS CLYDE 135.00-144.00 135.00-145.00 140.00-150.75 PONOKA 136.00-143.00 140.00-149.00 138.00-155.00 STRATHMOR 133.00-153.00 133.00-153.00 138.00-154.00 500-600 LB FEEDER STEERS CLYDE 150.00-160.00 155.00-165.00 155.00-177.25 PONOKA 143.00-159.00 152.00-164.00 143.00-169.00 STRATHMOR 140.00-178.00 142.00-178.00 155.00-178.00 ONTARIO N/A-N/A 127.00-166.00 131.00-170.00 700-800 LB FEEDER HEIFERS CLYDE 120.00-126.75 120.00-129.75 120.00-135.00 PONOKA 124.00-129.00 120.00-130.00 124.00-131.50 STRATHMOR 118.00-138.00 118.00-132.00 120.00-138.00 500-600 LB FEEDER HEIFERS CLYDE 125.00-144.00 125.00-143.00 135.00-145.25 PONOKA 132.00-149.00 135.00-148.00 135.00-147.00 STRATHMOR 125.00-158.00 125.00-158.00 135.00-162.00 NOTE: * denotes price in US Dollars ** Alberta breakdown not available PRELIM LIVE ANIMAL TRADE - WEEK ENDING Nov09/2012 CATTLE FROM US TO US TO US TO US SLTR SLTR FDR HOGS CANADA N/A N/A N/A N/A EAST N/A N/A N/A N/A WEST N/A N/A N/A N/A BEEF WHOLESALE PRICES - $/CWT WEEK ENDING Nov23/12 Nov16/12 Nov25/11 CDA CUTOUT AAA N/A 176.63 187.78 CDA CUTOUT AA/A N/A 168.09 178.68 US BOXED BEEF CUTOUT - US $/CWT WEEK END Nov23/12 Nov16/12 Nov25/11 CHOICE 6-900 N/A 193.17 196.64 SELECT 6-900 N/A 173.76 177.72 HOG SLAUGHTER WEEK END Nov17/12(prel) Nov10/12(prel) Nov19/11 CANADA 425,468 445,523 445,580 EAST 263,599 268,246 266,909 WEST 161,869 177,277 178,671 AB/BC** 56,317 56,782 59,025 WEEK END Nov24/12(est) Nov17/12(est) Nov26/11 US 2,071,000 2,366,000 2,070,600 HOG CASH PRICES - INDEX 100 - $/KG WEEK END Nov22/12 Nov15/12 Nov24/11 ALTA AVG 1.364 1.424 1.518 ONT AVG N/A 1.712 1.827 INTERIOR IOWA MINNESOTA HOG CASH PRICES WEEK END Nov23/12 Nov16/12 Nov25/11 US $/CWT 76.75 74.68 82.53 CAN EQVT $/KG 1.453 1.429 1.651 US PORK CARCASS CUTOUT US $/CWT 81.92 82.99 89.53 HOG FUTURES - US$/CWT CAN/US$ CLOSE Nov23/2012 MTH LEAN CHG MTH FUTURES CHG DEC 82.47 +2.15 DEC 1.0079 +0.0103 FEB 87.38 +0.92 MAR 1.0059 +0.0103 APR 91.90 +0.65 JUN 1.0038 +0.0101 MAY 99.10 +1.32 SEP 1.0016 +0.0100 JUN 101.03 +1.05 DEC .9995 +0.0100 JUL 100.25 +0.90 MAR .9968 +0.0097 HOG INDICATORS WEEK END Nov17/12 Nov10/12 Nov19/11 AV DRSD WT US-LBS 204.0 204.0 206.0 FD:HOG RATIO Nov16/12Nov09/12Nov18/11 US CORN 10.0 10.3 12.8 Nov16/12 Nov09/12 Nov18/11 ALTA BARLEY 8.4 8.6 11.6 SHEEP AND LAMB PRICES - Most Recent Sale to Nov22/2012 MARKET LAMBS - FEEDER LAMBS SHEEP (95-109 LBS) (<80 LBS) (ALL WTS.) ONTARIO 125.90-138.26 133.02-194.12 N/A TEXAS (US$) N/A N/A N/A MARKET LAMB PRICES - Most Recent Sale to Nov15/2012 CENTRAL ALTA 114.72-120.48 (INNISFAIL)