Price Changes are from Week Ago, Thursday. August 3rd, US $ = C $ EURO = C $ Yen = C $ 0.

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Manitoba Markets Index: http://www.gov.mb.ca/agriculture/markets-andstatistics/livestock-statistics/index.html MANITOBA Markets MANITOBA MARKETS LIVESTOCK PRICES Price Changes are from Week Ago, Thursday. August 3rd, 2018 1 US $ = C $ 1.2983 1 EURO = C $ 1.5043 1 Yen = C $ 0.01167 Friday noon Cattle Prices Winnipeg Brandon Ste. Rose ($/cwt) (Friday to Thursday) Price Range Change Price Range Change Price Range Change Slaughter Cattle Steers - Not available this week Heifers - Age Verified Cows 80.00-110.00 na Dry Fed Cows 86.00-92.00 na - No reports until the fall D1, 2 Cows 78.00-86.00 na - D3 Cows 70.00-80.00 na - Bulls 102.00-115.00 na - Feeder Cattle (medium & large frame lean) Steers (901 + lb) 150.00-162.00 na - - (801-900) 155.00-179.00 na - - (701-800) 175.00-216.00 na - - (601-700) 183.00-227.00 na - - (501-600) 200.00-236.00 na - - (401-500) 200.00-248.00 na - - Heifers (901 +lb) 135.00-154.00 na - - (801-900) 150.00-168.00 na - - (701-800) 150.00-175.00 na - - (601-700) 165.00-191.00 na - - (501-600) 158.00-204.00 na - - (401-500) 200.00-212.00 na - - U.S. Direct ($ Cdn) Average Price 143.08 Change na Page 1 of 7

Cattle Prices ($/cwt) Alberta Ontario (Friday to Thursday) Price Range Change Price Range Change Slaughter Cattle Grade A Steers (1,000 +lb) 146.50-146.50-3.25 126.51-147.89 6.96 Grade A Heifers (850 +lb) - 117.29-145.76 2.55 D1, 2 Cows 88.00-103.00 1.50 51.53-77.76-0.82 D3 Cows 77.00-93.00-1.00 51.53-77.76-0.82 Bulls - 79.18-100.80 1.87 Feeder Cattle (medium & large frame lean) Steers (901 +lb) 185.00-197.00 0.00 162.60-187.36 1.79 (801-900) 193.00-208.00-1.50 180.75-199.69 4.07 (701-800) 195.00-220.00-2.00 179.10-212.37-4.26 (601-700) 204.00-227.00 0.00 181.93-222.06 4.10 (501-600) 215.00-238.00 1.50 180.82-242.31 5.19 (401-500) 220.00-248.00 5.00 192.75-251.81 27.81 Heifers (901 +lb) 166.00-183.00 5.50 137.01-163.54 36.13 (801-900) 176.00-193.00 3.00 153.39-173.71 9.71 (701-800) 182.00-200.00-0.50 146.70-183.75 0.22 (601-700) 190.00-210.00 3.00 153.04-196.50 0.76 (501-600) 193.00-215.00-1.00 152.78-199.50 4.65 (401-500) 205.00-225.00 2.50 156.26-214.62 9.55 Auction Market Sales ($/cwt) (Price ranges refer to top quality animals only.) Slaughter Cattle Steers Heifers Age Verified Cows Dry Fed Cows D1, 2 Cows D3 Cows Bulls Feeder Cattle (medium & large frame lean) Ashern Gladstone Grunthal Price Range Price Range Price Range No reports until the fall No reports until the fall Steers (901+lb) - - Not enough to (801-900) - - report Heifers (901+lb) - - - (801-900) - - - Page 2 of 7

Slaughter Cattle Killarney Virden Pipestone Price Range Price Range Price Range Steers - No reports until Heifers - the fall Age Verified Cows - - No reports until the Dry Fed Cows fall D1, 2 Cows - - D3 Cows - - Bulls - - Feeder Cattle (medium & large frame lean) Steers (901+lb) - - - (801-900) - - - Heifers (901 +lb) - - - (801-900) - - - Railgrade Cattle Prices - Winnipeg ($/lb) Current Week Last Week Grade "A" Steers/Heifers (Select) na - na na - na D1,2 Cows na - na 1.56-1.70 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 $179.73 $181.46 $203.80 $204.91 Page 3 of 7

CME Futures (US$/cwt) Fed Cattle Close Chg Feeder Cattle Close Chg Hogs (lean carcass) Close Chg August 2018 $108.60 0.65 August 2018 151.20-0.23 August 2018 58.98-5.93 October 2018 $109.95 0.58 September 2018 151.35-0.47 October 2018 49.65-2.60 December 2018 $113.83 0.17 October 2018 151.60-1.28 December 2018 45.18-2.28 Febuary 2019 $117.73 0.40 November 2018 152.10-1.03 February 2019 52.25-2.13 April 2019 $119.48 0.65 January 2019 151.00-0.28 April 2019 58.58-1.43 June 2019 $113.70 1.48 March 2019 149.95 0.10 May 2019 65.88-1.10 August 2019 $111.78 0.73 April 2019 150.53 0.50 June 2019 70.58-0.85 October 2019 $113.03 0.73 May 2019 150.00 0.20 July 2019 70.78-1.02 December 2019 $114.00 0.90 August 2019 70.70-0.55 Maple Leaf Sig #5 - Contract Prices Top of Range (MFL Delivered) - Thursday Price Hog Price Averages Week Ending: (C$/100 kg) E - Estimation Aug 3 Jul 27 Jul 20 September 2018 131.75 Manitoba $/100 kg $/100 kg $/100 kg $/100 kg October 2018 117.82 Manitoba (all weights) Fri - Thurs Last Year 173E 187.17 198.74 202.69 November 2018 113.57 Manitoba (Index 100) Fri - Thurs 160E 174.17 184.22 188.57 December 2018 103.80 Ontario (Index 100) Mon - Fri 165.62 178.45 188.88 198.25 January 2019 120.52 Quebec (Index 100) Mon - Fri 172.48 186.06 194.72 202.98 February 2019 123.21 March 2019 130.75 Sows* Mon - Fri (Live Weight) $/100 kg $/100 kg $/100 kg $/100 kg April 2019 137.41 Sows #1 (+500 lb) 52.91 68.34 79.37 155.42 May 2019 160.48 Sows #1 (-500 lb) 44.09 57.32 66.14 146.61 June 2019 165.56 Sows #2 37.48 46.30 55.12 134.48 Sows #3 8.82 8.82 33.07 17.64 Boars #1 (127-272 kg) 11.02 13.23 na 19.84 Boars #2 (272-317 kg) 4.41 4.41 na 8.82 Boars #3 (<94 and >314 kg) 2.20 2.20 na 4.41 Weanling Pig Prices (C$/head) Week Ending - July 27, 2018 US National Direct Delivered Spot Price Range Contract Price Range (10 lbs, 40 lbs) 5-kg Isowean Pig na - na 25.93-54.97 11.12-57.59 23-kg Weanling Pig 32.15-32.15 na - na 26.18-41.88 Page 4 of 7

Ewes & Lambs - Week Ending - August 3, 2018 Winnipeg ( head) ($/cwt) Wooled Feeders Wooled Fats Hair Lambs Lambs: (110 + lb.) - Not available this - (95-109 lb.) - week - (80-94 lb.) - - - (Under 80 lb.) - - - (New Crop) - - - Ewes - Choice - - - - Medium/Plain - - - ($/cwt) Toronto Volume Ewes 132.74-174.62 995 Lambs: (110 + lb.) 230.01-244.41 176 (95-109 lb.) 260.83-284.07 862 (80-94 lb.) 262.37-324.30 1,113 (Under 80 lb.) 218.43-291.79 1,820 (New Crop) - Lambs Base Price (40-61.9 lbs dress weights - rail) Price range off of base Lambs: (50-100 lb.) Goats: ($/head) Billys Nannys - Choice Winnipeg ( head) Toronto Volume Feeders Fats ($/cwt) Not available this week Not available this week - Medium/Plain - - Mature 98.42-275.86 615 Kids - Choice - - Kids 127.63-337.33 1,349 - Medium/Plain - - Horses: Toronto ($/cwt) <1,000 lb. 15.50-78.01 1,000 + lb. 42.69-70.17 Page 5 of 7

Slaughter and Grading Reports Week ending Hog Slaughter Week ending Cattle Slaughter Jul 28, 2018 Previous Year Jul 28, 2018 Previous Year Canada 409,021 416,259 64,282 65,504 East 237,674 246,894 12,963 12,497 West 171,347 169,365 51,319 53,007 Manitoba * 113,882 109,918 NA NA U.S. 1,987,000 2,234,000 640,000 627,000 * - Hog Slaughter includes estimates for Manitoba and Saskatchewan - Cattle Slaughter only Western Canada reported. Cattle Grades (Canada) Week ending Jul 28, 2018 Previous Year Cattle Classes (Canada) Week ending Jul 28, 2018 Previous Year Prime 691 440 Steers 37,584 42,393 AAA 29,010 31,671 Heifers 176,000 16,242 AA 22,764 23,366 Cows 8,714 6,543 A 1,445 1,376 Bulls 384 326 B 1,081 1,501 Calves 3,602 3,832 D 7,300 6,163 E 397 339 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 Page 6 of 7

Number of Cattle, Feeders and Calves Sold a Through Manitoba Auction Markets, 2016-2018 (monthly and year-to-date total) Markets: Cattle Sold in July 2018 2016 2018 as a % of 2018 Cattle (January- July) 2016 2018 as a % of Ashern 0 0 0-21,689 25,989 22,333 83 Brandon 661 130 516 508 19,879 24,782 18,268 80 Gladstone 1 0 0 0-11,285 12,858 12,035 88 Grunthal 159 0 173-11,535 12,067 10,221 96 Killarney 0 0 0-12,568 15,393 11,437 82 Pipestone 0 N/A N/A - 2,297 N/A N/A - Ste. Rose 0 0 0-28,523 28,968 24,354 98 Virden 1,179 1,200 995 98 40,505 47,883 39,573 85 Winnipeg 570 204 320 279 24,840 27,019 20,590 92 TOTAL 2,569 1,534 2,004 167 173,121 194,959 158,811 89 a Includes duplication if animal is sold more than once. PS: Cattle data collection started in 2010. SOURCE: Manitoba auction markets; prepared: August 3, 2018 Number of Feeder Cattle Solda Through Manitoba Auction Markets, 2016-2018 (monthly and year-to-date total) Markets: Feeders Sold in July 2018 2016 2018 as a % of 2018 Feeders (January- July) 2016 2018 as a % of Ashern 0 0 0-18,496 22,266 19,350 83 Brandon 400 54 275 741 16,629 21,585 15,223 77 Gladstone 1 0 0 0-11,285 12,858 12,035 88 Grunthal 33 0 73-9,547 10,324 8,336 92 Killarney 0 0 0-11,223 13,443 10,259 83 Pipestone 0 N/A N/A - 1,822 N/A N/A - Ste. Rose 0 0 0-24,659 25,195 21,384 98 Virden 534 559 531 96 31,220 38,784 31,141 80 Winnipeg 240 75 136 320 20,195 22,356 17,001 90 TOTAL 1,207 688 1,015 175 145,076 166,811 134,729 87 a Includes duplication if animal is sold more than once. SOURCE: Manitoba auction markets; prepared: August 3, 2018 1 Feeders reported as Cattle (no breakdown given). 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 7 of 7