Daily Cattle Report

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Daily Cattle Report

Monday January 5, 2009

Slaughter Report Last updated January 5, 2009

Feeder Report Last updated January 5, 2009

Alberta Cattle Industry Market Report

Alberta direct cattle sales Friday saw no new trade to report. Business last week was all wrapped up by Wednesday. Sales volumes remained fairly large throughout the holidays at around 17,000 head.

Last Week	Live	Rail
Steers	83.00-85.75	142.00-144.35
Heifers	84.50-85.75	144.35

There was no cow and bull trade or auctions to report for last.

D1, D2 cows	D3 cows	Bulls
n/a	n/a	n/a

US Trade

In the U.S. trade last week saw a light rally on the live board which resulted in lighter fed sales as feedlots held out for more money. Northern trade was $3.00 higher than last week. Asking prices this week are around $90.00+ in the South and $140.00-142.00 in the North.

US Trade	Last Week
Choice Steers	$86.00-87.00 Rail 135.00-138.00
Choice Heifers	$86.00-87.00 Rail 137.00-138.00

Canadian Dollar

The Canadian dollar at 8:40 this morning was trading at 84.24, up 1.85.

Chicago Mercantile Exchange

On the Chicago Mercantile Exchange, in midsession trade, live cattle futures are as follows:

February	April	August
86.90, -0.20	90.27, -0.47	87.42, -0.42

Replacement Trade

Information provided on this report is supplied by various auction markets throughout Alberta. In reference to the following prices, producers are reminded to check with individual markets on current prices and trends. Prices quoted include top quality cattle only.

Feeder and stocker prices in Southern Alberta on Dec 19, 2008:

Dec 19, 2008	Steers	Heifers
900+	80.00-97.00	70.00-90.00
800-900	85.00-98.00	80.00-90.00
700-800	90.00-102.00	80.00-94.00
600-700	92.00-102.00	82.00-96.00
500-600	95.00-110.00	85.00-100.00
400-500	100.00-115.00	86.00-100.00
300-400	100.00-127.00	87.00-106.00

Bred Cows	Bred Heifers	Cow/Calf Pairs
450.00-975.00	750.00-975.00	n/a