CAN/US $ Nov30 100.68 Nov23 100.74 Dec02/11 98.38 BANK RATE % Nov27 1.25 Nov20 1.25 Nov29/11 1.25 CATTLE SLAUGHTER WEEK END Nov24/12(prel) Nov17/12(prel) Nov26/11 CANADA 45,799 46,136 56,095 EAST 13,959 13,816 15,863 WEST 31,840 32,320 40,232 WEEK END Dec01/12(est) Nov24/12(est) Dec03/11 US 635,000 583,000 660,400 CANADIAN CATTLE GRADES WEEK END Nov24/12 Nov17/12 Nov26/11 A 35,396 35,821 39,302 B 657 720 913 D 8,451 8,509 11,259 E 15 20 512 A GRADE MARBLING (%) WEEK END Nov24/12 Nov17/12 Nov26/11 A 2.2% 2.0% 2.3% AA 35.8% 38.3% 45.6% AAA 61.9% 59.6% 52.1% CANADIAN CATTLE CLASSES WEEK END Nov24/12(prel) Nov17/12(prel) Nov26/11 STEERS 21,315 24,206 24,175 HEIFERS 15,263 12,725 16,457 COWS 9,216 9,204 14,815 BULLS 5 1 648 CALVES 4,138 4,173 4,689 CATTLE FUTURES - US $/CWT - CLOSE Nov30/2012 MTH LIVE CHG MTH FEEDER CHG DEC 126.72 -2.22 JAN 145.63 -2.25 FEB 130.40 -2.32 MAR 148.43 -2.00 APR 134.57 -1.88 APR 149.93 -2.02 JUN 130.78 -1.50 MAY 151.63 -1.75 AUG 130.13 -1.35 AUG 156.00 -1.15 OCT 133.50 -0.95 SEP 157.10 -0.90 WEEK END Nov30/12 Nov23/12 Dec02/11 US FSP - US$/CWT 146.24 143.36 144.60 CATTLE INDICATORS BY PROD VAL Nov23/12 Nov16/12 Nov25/11 EAST-$/HEAD N/A N/A N/A WEST-$/HEAD N/A N/A N/A US-US$/CWT 12.93 12.93 12.46 CURRENTNESS Nov24/12 Nov17/12 Nov26/11 WEST-A1% 36.8% 39.9% 48.7% CAN-A1% 41.4% 42.9% 50.0% FD:STR RATIO Nov23/12 Nov16/12 Nov25/11 ALTA BARLEY 19.0 18.6 24.9 Nov24/12 Nov17/12 Nov26/11 US CORN 16.3 16.8 20.1 AVG CARCASS WT Nov24/12 Nov17/12 Nov26/11 WEST STR-LBS 875.0 873.0 894.0 CAN STR-LBS 892.0 891.0 893.0 US CATTLE-LBS 794.0 797.0 776.0 CATTLE PRICES (CANFAX) - $/CWT WEEK END Nov30/12 Nov23/12 Dec02/11 ALBERTA RAILGRADE SALES STR-LOW 195.75 193.75 198.75 STR-HIGH 196.75 194.75 200.75 HFR-LOW 196.50 N/A 198.75 HFR-HIGH 196.50 N/A 200.75 ALBERTA DIRECT SALES STR-RANGE 118.00-118.25 114.15-116.25 118.50-121.00 AVERAGE N/A 116.11 119.78 VOLUME N/A 7,994 12,092 HFR-RANGE N/A-N/A 113.65-116.25 122.00-122.00 AVERAGE N/A 115.57 119.98 VOLUME N/A 5,748 4,288 OPEN MARKET - $/CWT Nov30/12 Nov23/12 Dec02/11 STEERS - A1,2 AND CHOICE 2-4 ONTARIO N/A-N/A 93.73-120.02 112.92-125.82 NEBRASKA* N/A-N/A 126.00-128.50 124.00-127.00 HEIFERS - A1,2 AND CHOICE 2-4 ONTARIO N/A-N/A 101.26-115.05 105.82-121.30 NEBRASKA* N/A-N/A 126.00-128.75 125.00-127.00 COWS - D1,2 CLYDE 55.00-65.00 55.00-65.00 58.00-68.00 SIOUX F* 73.56 72.63 67.38 800-900 LB FEEDER STEERS CLYDE 125.00-134.75 125.00-132.75 130.00-143.25 PONOKA 123.00-134.50 123.00-134.50 130.00-135.00 STRATHMOR N/A-N/A 122.00-139.00 N/A-N/A ONTARIO N/A-N/A 108.00-133.00 119.00-143.00 700-800 LB FEEDER STEERS CLYDE 130.00-138.25 130.00-136.25 130.00-143.75 PONOKA 134.00-139.00 134.00-139.00 134.00-144.00 STRATHMOR N/A-N/A 126.00-145.00 N/A-N/A C.NEBRAS* N/A-N/A 140.00-156.75 130.00-162.10 600-700 LB FEEDER STEERS CLYDE 135.00-146.00 135.00-144.00 140.00-150.75 PONOKA 138.00-148.00 136.00-143.00 138.00-148.00 STRATHMOR N/A-N/A 133.00-153.00 N/A-N/A 500-600 LB FEEDER STEERS CLYDE 150.00-160.00 150.00-160.00 155.00-169.25 PONOKA 143.00-159.00 143.00-159.00 145.00-171.75 STRATHMOR N/A-N/A 140.00-178.00 N/A-N/A ONTARIO N/A-N/A 123.00-164.00 134.00-172.00 700-800 LB FEEDER HEIFERS CLYDE 120.00-125.00 120.00-126.75 120.00-134.00 PONOKA 124.00-131.00 124.00-129.00 124.00-132.00 STRATHMOR N/A-N/A 118.00-138.00 N/A-N/A 500-600 LB FEEDER HEIFERS CLYDE 125.00-145.00 125.00-144.00 135.00-150.25 PONOKA 132.00-151.00 132.00-149.00 135.00-150.00 STRATHMOR N/A-N/A 125.00-158.00 N/A-N/A NOTE: * denotes price in US Dollars ** Alberta breakdown not available PRELIM LIVE ANIMAL TRADE - WEEK ENDING Nov16/2012 CATTLE FROM US TO US TO US TO US SLTR SLTR FDR HOGS CANADA 0 19,931 1,213 16,287 EAST 0 6,054 30 7,143 WEST 0 13,877 1,183 9,144 BEEF WHOLESALE PRICES - $/CWT WEEK ENDING Nov30/12 Nov23/12 Dec02/11 CDA CUTOUT AAA N/A 175.77 187.26 CDA CUTOUT AA/A N/A 167.48 177.69 US BOXED BEEF CUTOUT - US $/CWT WEEK END Nov30/12 Nov23/12 Dec02/11 CHOICE 6-900 N/A 194.92 193.92 SELECT 6-900 N/A 173.84 175.41 HOG SLAUGHTER WEEK END Nov24/12(prel) Nov17/12(prel) Nov26/11 CANADA 442,736 425,468 444,130 EAST 268,828 263,599 270,385 WEST 173,908 161,869 173,745 AB/BC** 54,442 56,317 58,127 WEEK END Dec01/12(est) Nov24/12(est) Dec03/11 US 2,399,000 2,066,000 2,363,700 HOG CASH PRICES - INDEX 100 - $/KG WEEK END Nov29/12 Nov22/12 Dec01/11 ALTA AVG N/A 1.364 N/A ONT AVG N/A N/A 1.835 INTERIOR IOWA MINNESOTA HOG CASH PRICES WEEK END Nov30/12 Nov23/12 Dec02/11 US $/CWT 82.92 76.75 84.40 CAN EQVT $/KG 1.571 1.453 1.637 US PORK CARCASS CUTOUT US $/CWT 84.78 81.63 89.38 HOG FUTURES - US$/CWT CAN/US$ CLOSE Nov30/2012 MTH LEAN CHG MTH FUTURES CHG DEC 84.08 +1.60 DEC 1.0066 -0.0013 FEB 86.92 -0.45 MAR 1.0046 -0.0013 APR 91.78 -0.13 JUN 1.0025 -0.0013 MAY 98.85 -0.25 SEP 1.0004 -0.0012 JUN 101.53 +0.50 DEC .9982 -0.0013 JUL 101.25 +1.00 MAR .9957 -0.0011 HOG INDICATORS WEEK END Nov24/12 Nov17/12 Nov26/11 AV DRSD WT US-LBS 205.0 204.0 207.0 FD:HOG RATIO Nov23/12Nov16/12Nov25/11 US CORN 9.8 10.0 13.4 Nov23/12 Nov16/12 Nov25/11 ALTA BARLEY 8.1 8.4 11.6 SHEEP AND LAMB PRICES - Most Recent Sale to Nov29/2012 MARKET LAMBS - FEEDER LAMBS SHEEP (95-109 LBS) (<80 LBS) (ALL WTS.) ONTARIO 128.56-141.33 156.74-239.71 N/A TEXAS (US$) N/A N/A 64.50$/CWT MARKET LAMB PRICES - Most Recent Sale to Nov22/2012 CENTRAL ALTA 92.16-119.52 (INNISFAIL)