CAN/US $ Dec07 101.11 Nov30 100.68 Dec09/11 98.03 BANK RATE % Dec04 1.25 Nov27 1.25 Dec06/11 1.25 CATTLE SLAUGHTER WEEK END Dec01/12(prel) Nov24/12(prel) Dec03/11 CANADA 44,540 45,799 55,848 EAST 12,358 13,959 15,847 WEST 32,182 31,840 40,001 WEEK END Dec08/12(est) Dec01/12(est) Dec10/11 US 639,000 635,000 646,300 CANADIAN CATTLE GRADES WEEK END Dec01/12 Nov24/12 Dec03/11 A 31,486 35,396 39,765 B 688 657 1,098 D 11,054 8,451 10,038 E 14 15 535 A GRADE MARBLING (%) WEEK END Dec01/12 Nov24/12 Dec03/11 A 2.1% 2.2% 2.3% AA 39.5% 35.8% 47.5% AAA 58.5% 61.9% 50.2% CANADIAN CATTLE CLASSES WEEK END Dec01/12(prel) Nov24/12(prel) Dec03/11 STEERS 18,380 21,315 23,052 HEIFERS 14,294 15,263 18,274 COWS 11,814 9,216 13,814 BULLS 52 5 708 CALVES 4,426 4,138 4,721 CATTLE FUTURES - US $/CWT - CLOSE Dec07/2012 MTH LIVE CHG MTH FEEDER CHG DEC 125.88 -0.85 JAN 148.78 +3.15 FEB 130.40 +0.00 MAR 151.15 +2.72 APR 134.47 -0.10 APR 152.40 +2.47 JUN 130.65 -0.13 MAY 153.90 +2.28 AUG 130.25 +0.13 AUG 157.72 +1.72 OCT 133.80 +0.30 SEP 158.60 +1.50 WEEK END Dec07/12 Nov30/12 Dec09/11 US FSP - US$/CWT 146.53 146.24 144.86 CATTLE INDICATORS BY PROD VAL Nov30/12 Nov23/12 Dec02/11 EAST-$/HEAD N/A N/A N/A WEST-$/HEAD N/A N/A N/A US-US$/CWT 12.88 12.93 12.49 CURRENTNESS Dec01/12 Nov24/12 Dec03/11 WEST-A1% 35.5% 36.8% 48.7% CAN-A1% 40.1% 41.4% 49.9% FD:STR RATIO Nov30/12 Nov23/12 Dec02/11 ALTA BARLEY 19.4 19.0 25.0 Dec01/12 Nov24/12 Dec03/11 US CORN 16.3 16.3 20.5 AVG CARCASS WT Dec01/12 Nov24/12 Dec03/11 WEST STR-LBS 863.0 875.0 883.0 CAN STR-LBS 882.0 892.0 886.0 US CATTLE-LBS 794.0 794.0 773.0 CATTLE PRICES (CANFAX) - $/CWT WEEK END Dec07/12 Nov30/12 Dec09/11 ALBERTA RAILGRADE SALES STR-LOW 195.75 195.75 193.75 STR-HIGH 197.00 196.75 194.85 HFR-LOW 196.50 196.50 194.50 HFR-HIGH 196.50 196.50 194.85 ALBERTA DIRECT SALES STR-RANGE 118.00-119.25 118.00-118.25 115.45-117.75 AVERAGE N/A 117.97 115.46 VOLUME N/A 6,138 9,980 HFR-RANGE 118.50-119.00 N/A-N/A 115.45-116.50 AVERAGE N/A 116.92 115.75 VOLUME N/A 7,301 5,452 OPEN MARKET - $/CWT Dec07/12 Nov30/12 Dec09/11 STEERS - A1,2 AND CHOICE 2-4 ONTARIO N/A-N/A 104.27-122.49 113.77-122.71 NEBRASKA* N/A-N/A 125.00-125.50 119.00-121.50 HEIFERS - A1,2 AND CHOICE 2-4 ONTARIO N/A-N/A 105.61-118.34 104.31-123.05 NEBRASKA* N/A-N/A 125.00-125.50 120.00-121.50 COWS - D1,2 CLYDE 55.00-65.00 55.00-65.00 58.00-70.00 SIOUX F* 74.38 73.56 N/A 800-900 LB FEEDER STEERS CLYDE 125.00-135.00 125.00-134.75 130.00-142.75 PONOKA 130.00-137.00 123.00-134.50 126.00-135.00 STRATHMOR 122.00-142.00 N/A-N/A 120.00-143.00 ONTARIO N/A-N/A 110.00-136.00 111.00-137.00 700-800 LB FEEDER STEERS CLYDE 130.00-136.25 130.00-138.25 130.00-145.00 PONOKA 132.00-140.00 134.00-139.00 134.00-144.00 STRATHMOR 126.00-147.00 N/A-N/A 130.00-149.00 C.NEBRAS* N/A-N/A 140.50-156.50 139.00-160.35 600-700 LB FEEDER STEERS CLYDE 135.00-147.00 135.00-146.00 140.00-150.75 PONOKA 137.00-144.50 138.00-148.00 138.00-148.00 STRATHMOR 133.00-152.00 N/A-N/A 135.00-150.00 500-600 LB FEEDER STEERS CLYDE 150.00-162.00 150.00-160.00 155.00-166.25 PONOKA 143.00-166.00 143.00-159.00 145.00-173.00 STRATHMOR 140.00-178.00 N/A-N/A 155.00-185.00 ONTARIO N/A-N/A 128.00-161.00 125.00-165.00 700-800 LB FEEDER HEIFERS CLYDE 120.00-126.00 120.00-125.00 120.00-134.25 PONOKA 125.00-131.00 124.00-131.00 124.00-132.00 STRATHMOR 118.00-138.00 N/A-N/A 120.00-142.00 500-600 LB FEEDER HEIFERS CLYDE 125.00-144.00 125.00-145.00 135.00-150.25 PONOKA 135.00-143.00 132.00-151.00 135.00-150.00 STRATHMOR 125.00-158.00 N/A-N/A 135.00-162.00 NOTE: * denotes price in US Dollars ** Alberta breakdown not available PRELIM LIVE ANIMAL TRADE - WEEK ENDING Nov23/2012 CATTLE FROM US TO US TO US TO US SLTR SLTR FDR HOGS CANADA 0 16,497 1,758 13,649 EAST 0 5,668 33 5,710 WEST 0 10,829 1,725 7,939 BEEF WHOLESALE PRICES - $/CWT WEEK ENDING Dec07/12 Nov30/12 Dec09/11 CDA CUTOUT AAA N/A 175.75 183.64 CDA CUTOUT AA/A N/A 170.01 174.66 US BOXED BEEF CUTOUT - US $/CWT WEEK END Dec07/12 Nov30/12 Dec09/11 CHOICE 6-900 N/A 195.65 188.57 SELECT 6-900 N/A 174.73 172.18 HOG SLAUGHTER WEEK END Dec01/12(prel) Nov24/12(prel) Dec03/11 CANADA 440,180 442,780 440,864 EAST 267,367 268,866 261,612 WEST 172,813 173,914 179,252 AB/BC** 52,214 54,448 55,357 WEEK END Dec08/12(est) Dec01/12(est) Dec10/11 US 2,364,000 2,399,000 2,328,400 HOG CASH PRICES - INDEX 100 - $/KG WEEK END Dec06/12 Nov29/12 Dec08/11 ALTA AVG 1.490 1.396 1.542 ONT AVG N/A 1.633 1.849 INTERIOR IOWA MINNESOTA HOG CASH PRICES WEEK END Dec07/12 Nov30/12 Dec09/11 US $/CWT 81.92 82.92 83.82 CAN EQVT $/KG 1.546 1.571 1.631 US PORK CARCASS CUTOUT US $/CWT 85.15 84.00 89.48 HOG FUTURES - US$/CWT CAN/US$ CLOSE Dec07/2012 MTH LEAN CHG MTH FUTURES CHG DEC 82.30 -1.78 DEC 1.0101 +0.0035 FEB 83.47 -3.45 MAR 1.0081 +0.0035 APR 88.47 -3.30 JUN 1.0060 +0.0035 MAY 97.30 -1.55 SEP 1.0038 +0.0034 JUN 98.20 -3.33 DEC 1.0016 +0.0034 JUL 98.10 -3.15 MAR .9993 +0.0036 HOG INDICATORS WEEK END Dec01/12 Nov24/12 Dec03/11 AV DRSD WT US-LBS 205.0 205.0 208.0 FD:HOG RATIO Nov30/12Nov23/12Dec02/11 US CORN 10.3 9.8 13.9 Nov30/12 Nov23/12 Dec02/11 ALTA BARLEY 8.3 8.1 N/A SHEEP AND LAMB PRICES - Most Recent Sale to Dec06/2012 MARKET LAMBS - FEEDER LAMBS SHEEP (95-109 LBS) (<80 LBS) (ALL WTS.) ONTARIO 118.07-133.35 131.48-224.63 N/A TEXAS (US$) N/A N/A 61.00$/CWT MARKET LAMB PRICES - Most Recent Sale to Nov29/2012 CENTRAL ALTA 92.16-119.52 (INNISFAIL)