CAN/US $ Dec14 101.42 Dec07 101.11 Dec16/11 96.26 BANK RATE % Dec11 1.25 Dec04 1.25 Dec13/11 1.25 CATTLE SLAUGHTER WEEK END Dec08/12(prel) Dec01/12(prel) Dec10/11 CANADA 45,919 44,540 54,498 EAST 13,275 12,358 15,477 WEST 32,644 32,182 39,021 WEEK END Dec15/12(est) Dec08/12(est) Dec17/11 US 632,000 639,000 644,200 CANADIAN CATTLE GRADES WEEK END Dec08/12 Dec01/12 Dec10/11 A 32,428 31,486 39,690 B 657 688 759 D 11,575 11,054 9,184 E 16 14 482 A GRADE MARBLING (%) WEEK END Dec08/12 Dec01/12 Dec10/11 A 2.4% 2.1% 1.9% AA 39.8% 39.5% 46.2% AAA 57.8% 58.5% 51.9% CANADIAN CATTLE CLASSES WEEK END Dec08/12(prel) Dec01/12(prel) Dec10/11 STEERS 17,542 18,380 23,951 HEIFERS 15,968 14,294 16,878 COWS 12,403 11,814 13,022 BULLS 6 52 647 CALVES 4,339 4,426 4,416 CATTLE FUTURES - US $/CWT - CLOSE Dec14/2012 MTH LIVE CHG MTH FEEDER CHG DEC 126.90 +1.03 JAN 153.07 +4.30 FEB 132.60 +2.20 MAR 155.03 +3.88 APR 136.78 +2.30 APR 156.35 +3.95 JUN 132.40 +1.75 MAY 157.60 +3.70 AUG 132.10 +1.85 AUG 161.95 +4.22 OCT 135.90 +2.10 SEP 162.45 +3.85 WEEK END Dec14/12 Dec07/12 Dec16/11 US FSP - US$/CWT 147.22 146.53 144.24 CATTLE INDICATORS BY PROD VAL Dec07/12 Nov30/12 Dec09/11 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 Dec08/12 Dec01/12 Dec10/11 WEST-A1% 41.9% 35.5% 51.0% CAN-A1% 44.3% 40.1% 51.1% FD:STR RATIO Dec07/12 Nov30/12 Dec09/11 ALTA BARLEY 19.5 19.4 24.3 Dec08/12 Dec01/12 Dec10/11 US CORN 16.2 16.3 20.7 AVG CARCASS WT Dec08/12 Dec01/12 Dec10/11 WEST STR-LBS 875.0 863.0 895.0 CAN STR-LBS 890.0 882.0 895.0 US CATTLE-LBS 795.0 794.0 775.0 CATTLE PRICES (CANFAX) - $/CWT WEEK END Dec14/12 Dec07/12 Dec16/11 ALBERTA RAILGRADE SALES STR-LOW 197.75 195.75 194.25 STR-HIGH 200.50 197.00 194.85 HFR-LOW 198.50 196.50 N/A HFR-HIGH 200.50 196.50 N/A ALBERTA DIRECT SALES STR-RANGE 119.00-120.00 118.00-119.25 114.00-117.00 AVERAGE N/A 118.60 114.75 VOLUME N/A 9,401 11,260 HFR-RANGE 118.25-122.00 118.50-119.00 N/A-N/A AVERAGE N/A 118.20 N/A VOLUME N/A 5,406 N/A OPEN MARKET - $/CWT Dec14/12 Dec07/12 Dec16/11 STEERS - A1,2 AND CHOICE 2-4 ONTARIO N/A-N/A 100.90-124.09 109.56-121.30 NEBRASKA* N/A-N/A 122.50-126.00 118.00-120.50 HEIFERS - A1,2 AND CHOICE 2-4 ONTARIO N/A-N/A 106.51-118.53 98.29-120.20 NEBRASKA* N/A-N/A 123.00-126.00 118.00-120.50 COWS - D1,2 CLYDE 58.00-68.00 55.00-65.00 58.00-72.00 SIOUX F* 74.63 74.38 68.38 800-900 LB FEEDER STEERS CLYDE 125.00-135.00 125.00-135.00 130.00-144.50 PONOKA 131.00-138.00 130.00-137.00 126.00-135.00 STRATHMOR N/A-N/A 122.00-142.00 120.00-147.00 ONTARIO N/A-N/A 120.00-142.00 122.00-145.00 700-800 LB FEEDER STEERS CLYDE 130.00-145.25 130.00-136.25 130.00-145.00 PONOKA 135.00-145.50 132.00-140.00 135.00-145.00 STRATHMOR N/A-N/A 126.00-147.00 130.00-153.00 C.NEBRAS* N/A-N/A 140.00-159.75 134.00-156.25 600-700 LB FEEDER STEERS CLYDE 135.00-147.00 135.00-147.00 140.00-151.50 PONOKA 143.00-151.00 137.00-144.50 140.00-156.00 STRATHMOR N/A-N/A 133.00-152.00 135.00-156.00 500-600 LB FEEDER STEERS CLYDE 150.00-165.00 150.00-162.00 155.00-177.25 PONOKA 153.00-166.00 143.00-166.00 148.00-177.00 STRATHMOR N/A-N/A 140.00-178.00 155.00-183.00 ONTARIO N/A-N/A 119.00-161.00 130.00-170.00 700-800 LB FEEDER HEIFERS CLYDE 120.00-126.00 120.00-126.00 120.00-129.25 PONOKA 125.00-131.00 125.00-131.00 125.00-135.00 STRATHMOR N/A-N/A 118.00-138.00 124.00-146.00 500-600 LB FEEDER HEIFERS CLYDE 125.00-140.00 125.00-144.00 135.00-147.00 PONOKA 132.00-150.00 135.00-143.00 136.00-153.00 STRATHMOR N/A-N/A 125.00-158.00 135.00-166.00 NOTE: * denotes price in US Dollars ** Alberta breakdown not available PRELIM LIVE ANIMAL TRADE - WEEK ENDING Nov30/2012 CATTLE FROM US TO US TO US TO US SLTR SLTR FDR HOGS CANADA 0 17,805 2,100 18,474 EAST 0 6,659 31 6,703 WEST 0 11,146 2,069 11,771 BEEF WHOLESALE PRICES - $/CWT WEEK ENDING Dec14/12 Dec07/12 Dec16/11 CDA CUTOUT AAA N/A N/A 184.86 CDA CUTOUT AA/A N/A N/A 175.75 US BOXED BEEF CUTOUT - US $/CWT WEEK END Dec14/12 Dec07/12 Dec16/11 CHOICE 6-900 195.04 194.47 189.14 SELECT 6-900 174.79 174.41 171.49 HOG SLAUGHTER WEEK END Dec08/12(prel) Dec01/12(prel) Dec10/11 CANADA 444,318 440,514 445,403 EAST 263,721 267,582 266,749 WEST 180,597 172,932 178,654 AB/BC** 55,177 52,333 60,818 WEEK END Dec15/12(est) Dec08/12(est) Dec17/11 US 2,304,000 2,364,000 2,349,100 HOG CASH PRICES - INDEX 100 - $/KG WEEK END Dec13/12 Dec06/12 Dec15/11 ALTA AVG N/A 1.490 1.543 ONT AVG N/A N/A 1.849 INTERIOR IOWA MINNESOTA HOG CASH PRICES WEEK END Dec14/12 Dec07/12 Dec16/11 US $/CWT 80.96 81.92 80.00 CAN EQVT $/KG 1.523 1.546 1.585 US PORK CARCASS CUTOUT US $/CWT 81.72 85.55 90.21 HOG FUTURES - US$/CWT CAN/US$ CLOSE Dec14/2012 MTH LEAN CHG MTH FUTURES CHG FEB 85.40 +1.93 DEC 1.0137 +0.0036 APR 90.40 +1.93 MAR 1.0117 +0.0036 MAY 97.90 +0.60 JUN 1.0095 +0.0035 JUN 99.85 +1.65 SEP 1.0071 +0.0033 JUL 99.60 +1.50 DEC 1.0048 +0.0032 AUG 98.40 +1.50 MAR 1.0023 +0.0030 HOG INDICATORS WEEK END Dec08/12 Dec01/12 Dec10/11 AV DRSD WT US-LBS 206.0 205.0 208.0 FD:HOG RATIO Dec07/12Nov30/12Dec09/11 US CORN 10.6 10.3 13.7 Dec07/12 Nov30/12 Dec09/11 ALTA BARLEY 8.9 8.3 11.8 SHEEP AND LAMB PRICES - Most Recent Sale to Dec13/2012 MARKET LAMBS - FEEDER LAMBS SHEEP (95-109 LBS) (<80 LBS) (ALL WTS.) ONTARIO 121.35-136.32 123.88-255.20 N/A TEXAS (US$) N/A N/A 54.00$/CWT MARKET LAMB PRICES - Most Recent Sale to Dec06/2012 CENTRAL ALTA 109.44-120.00 (INNISFAIL)