Price Changes are from Week Ago, Thursday. January 5th, US $ = C $ EURO = C $ Yen = C $ 0.

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Manitoba Markets Index: http://www.gov.mb.ca/agriculture/market-pricesand-statistics/livestock-statistics/index.html MANITOBA markets MANITOBA MARKETS LIVESTOCK PRICES Price Changes are from Week Ago, Thursday. January 5th, 2018 1 US $ = C $ 1.2403 1 EURO = C $ 1.4936 1 Yen = C $ 0.01096 Friday noon Cattle Prices Winnipeg Brandon Ste. Rose ($/cwt) Next sale Jan 12th, 2018 Next sale Jan 9th, 2018 Next sale Jan 11th, 2018 (Friday to Thursday) Price Range Change Price Range Change Price Range Change Steers - - - Heifers - - - Age Verified Cows - - Dry Fed Cows - - - D1, 2 Cows - - - D3 Cows - - - Bulls - - - Steers (901 + lb) - - - Heifers (901 +lb) - - - U.S. Direct ($ Cdn) Average Price 153.31 Change 2.77 Page 1 of 6

Cattle Prices ($/cwt) Alberta Ontario (Friday to Thursday) Price Range Change Price Range Change Grade A Steers (1,000 +lb) 167.25-167.25 na 140.47-153.60 24.22 Grade A Heifers (850 +lb) 163.75-168.00 na 137.91-153.22-1.05 D1, 2 Cows - 62.70-83.24-3.82 D3 Cows - 62.70-83.24-3.82 Bulls - 75.40-99.07-15.44 Steers (901 +lb) na - na na 181.86-203.23 0.28 (801-900) na - na na 149.14-193.37-31.27 (701-800) na - na na 129.87-189.57-46.81 (601-700) na - na na 178.41-224.72-5.48 (501-600) na - na na 206.58-244.28 5.35 (401-500) na - na na 180.71-227.98 5.33 Heifers (901 +lb) na - na na 131.10-163.64-24.44 (801-900) na - na na 148.79-158.26-13.98 (701-800) na - na na 140.29-173.97-13.61 (601-700) na - na na 160.23-182.43-3.37 (501-600) na - na na 161.42-195.28-1.81 (401-500) na - na na 179.16-201.50 1.44 Auction Market Sales ($/cwt) (Price ranges refer to top quality animals only.) Steers Heifers Ashern Gladstone Grunthal Price Range Price Range Price Range Next Sale Jan 17th, 2018 Age Verified Cows - Dry Fed Cows D1, 2 Cows - D3 Cows - Bulls - Next Sale Jan 16th, 2018 Next Sale Jan 9th,2018 Steers (901+lb) - - - Heifers (901+lb) - - - Page 2 of 6

Steers Heifers Killarney Price Range Next Sale Jan 15th 2018 Virden Price Range Next Sale Jan 8th 2018 Age Verified Cows - - Dry Fed Cows D1, 2 Cows - - D3 Cows - Bulls - - Steers (901+lb) - - (801-900) - - (701-800) - - (601-700) - - (501-600) - - (401-500) - - Heifers (901 +lb) - - (801-900) - - (701-800) - - (601-700) - - (501-600) - - (401-500) - - Railgrade Cattle Prices - Winnipeg ($/lb) Current Week Last Week Grade "A" Steers/Heifers (Select) na - na na - na D1,2 Cows na - na na - na Wholesale Beef Prices - United States - Choice (600-900 lb) Carcass Price Equivalent Index Boxed Beef Cutout Value Current Week Last Week Current Week Last Week $190.28 $185.79 $208.67 $202.90 Page 3 of 6

CME Futures (US$/cwt) Fed Cattle Close Chg Feeder Cattle Close Chg Hogs (lean carcass) February 2018 $122.25 0.00 January 2018 149.03 3.43 February 2018 71.38 April 2018 $123.83 1.08 March 2018 145.55 3.33 April 2018 76.10 0.40 June 2018 $114.85 1.02 April 2018 145.83 3.15 May 2018 80.13 0.05 August 2018 $111.73 1.30 May 2018 145.48 3.30 June 2018 84.98 0.77 October 2018 $112.95 1.73 August 2018 148.48 2.40 July 2018 84.70 0.70 December 2018 $115.08 1.45 September 2018 148.05 2.18 August 2018 84.18 0.70 Febuary 2019 $116.23 1.20 October 2018 147.45 1.92 October 2018 70.48 0.80 April 2019 $116.10 1.18 November 2018 147.18 2.88 December 2018 64.25 0.30 June 2019 $108.83 na February 2019 67.13 0.22 Close Chg - 0.17 Maple Leaf Sig #5 - Contract Prices Top of Range (MFL Delivered) - Thursday Price (C ) February 2018 154.47 Manitoba Hog Price Averages Week Ending: E - Estimation Jan 5 Dec 29 March 2018 163.08 Manitoba (all weights) Fri - Thurs 163E 159.65 158.41 151.98 April 2018 162.99 Manitoba (Index 100) Fri - Thurs 152E 148.11 147.66 143.73 May 2018 177.95 Ontario (Index 100) Mon - Fri 142.26 144.10 144.40 138.43 June 2018 187.32 Quebec (Index 100) Mon - Fri 144.40 144.81 149.48 143.24 July 2018 182.39 August 2018 181.16 Sows* Mon - Fri (Live Weight) September 2018 165.63 Sows #1 (+500 lb) 52.91 na 57.32 48.50 October 2018 153.28 Sows #1 (-500 lb) 46.30 na 52.91 44.09 Dec 22 Last Year Sows #2 37.48 na 39.68 35.27 Sows #3 8.82 na 8.82 11.02 Boars #1 (127-272 ) 11.02 na 11.02 15.43 Boars #2 (272-317 ) 4.41 na 4.41 11.02 Boars #3 (<94 and >314 ) 2.20 na 2.20 6.61 Weanling Pig Prices (C$/head) Week Ending - December 29th, 2017 Spot Price Range Contract Price Range US National Direct Delivered (10 lbs, 40 lbs) 5- Isowean Pig na - na na - na 47.09-96.07 23- Weanling Pig 71.67-91.02 na - na 88.49-106.18 Page 4 of 6

Ewes & Lambs - Week Ending - January 5th, 2018 Winnipeg Next Sale January 10, 2018 ($/cwt) Wooled Feeders Wooled Fats Hair Lambs Lambs: (110 + lb.) - - - (95-109 lb.) - - - (80-94 lb.) - - - (Under 80 lb.) - - - (New Crop) - - - Ewes - Choice - - - - Medium/Plain - - - ($/cwt) Toronto Volume Ewes 157.05-187.46 477 Lambs: (110 + lb.) 198.63-226.74 396 (95-109 lb.) 224.71-245.99 445 (80-94 lb.) 260.32-304.90 150 (Under 80 lb.) 150.00-374.85 435 (New Crop) - Lambs Base Price (40-61.9 lbs dress weights - rail) Price range off of base Lambs: (50-100 lb.) Goats: ($/head) Winnipeg Next Sale January 10, 2018 Toronto Volume Feeders Fats ($/cwt) Billys - - Mature 125.07-263.82 101 Nannys - Choice - - - Medium/Plain - - Kids - Choice - - Kids 145.27-354.70 371 - Medium/Plain - - Horses: Toronto ($/cwt) <1,000 lb. - 1,000 + lb. 57.50-57.50 Page 5 of 6

Slaughter and Grading Reports Week ending Hog Slaughter Week ending Cattle Slaughter Dec 30, 2017 Previous Year Dec 30, 2017 Previous Year Canada 288,819 236,686 35,973 37,599 East 163,102 124,461 8,574 8,993 West 125,717 112,225 27,399 28,606 Manitoba * 89,307 75,896 NA NA U.S. 2,107,000 2,068,000 502,000 515,000 * - Hog Slaughter includes estimates for Manitoba and Saskatchewan - Cattle Slaughter only Western Canada reported. Cattle Grades (Canada) Week ending Dec 30, 2017 Previous Year Cattle Classes (Canada) Week ending Dec 30, 2017 Previous Year Prime 690 700 Steers 17,258 18,708 AAA 18,046 17,598 Heifers 10,296 11,010 AA 8,209 10,119 Cows 8,221 7,649 A 249 606 Bulls 198 232 B 353 415 Calves 2,663 2,846 D 7,600 7,608 E 203 234 US Weekly Price and Production Summary, LMIC http://www.lmic.info/priprod/pandp.html Canadian Red Meat Market Information, AAFC http://www.agr.gc.ca/redmeat-vianderouge/index_eng.htm Foresight and Analysis, Manitoba Agriculture 809-401 York Avenue, Winnipeg MB R3C 0P8 1-204-945-3503, IndustryIntelligence@gov.mb.ca Other publications are available on the Agriculture Markets and Statistics page of Manitoba Agriculture. Page 6 of 6