Price Changes are from Week Ago, Thursday. October 5th, US $= C$ EURO =C $ Yen = C $0.0114

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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. October 5th, 2018 1 US $= C$1.2936 1 EURO =C $ 1.4901 1 Yen = C $0.0114 Cattle Prices Winnipeg Brandon Ste. Rose ($/cwt) (Friday to Thursday) Price Range Change Price Range Change Price Range Change Steers - - Heifers - - Age Verified Cows - Dry Fed Cows - - D1, 2 Cows 77.00-84.00 3.50 74.00-82.00 4.50 70.00-77.00-6.00 D3 Cows 72.00-78.00 2.00 65.00-72.00 3.50 64.00-70.00-6.00 Bulls 97.00-104.00-7.00 90.00-104.00-1.00 90.00-108.00-2.00 Feeder Cattle (medium & large frame lean) - Steers (901 + lb) 165.00-195.00 2.00 175.00-205.00 3.50 - na (801-900) 187.00-210.00 4.50 185.00-205.00-4.00 190.00-206.00-3.50 (701-800) 200.00-214.00 4.50 200.00-218.00 1.50 200.00-216.00-1.00 (601-700) 211.00-227.00 8.50 212.00-229.00 3.00 210.00-230.00-2.50 (501-600) 215.00-236.00-7.00 220.00-235.00 5.00 220.00-240.00-5.00 (401-500) 218.00-276.00-4.00 225.00-250.00-5.50 225.00-250.00-22.50 Heifers (901 +lb) 158.00-174.00-2.00 155.00-186.00 7.50 150.00-180.00-9.50 (801-900) 170.00-190.00-0.50 172.00-190.00 3.50 175.00-190.00-4.00 (701-800) 177.00-197.00-1.50 175.00-193.00 3.00 180.00-193.00-4.50 (601-700) 180.00-202.00-4.50 180.00-202.00 3.00 190.00-196.00-1.50 (501-600) 187.00-210.00-4.00 190.00-220.00 7.50 195.00-204.00 2.00 (401-500) 200.00-225.00-5.00 205.00-230.00 4.50 200.00-225.00 0.00 Page 1 of 7

U.S. Direct ($ Cdn) Average Price 143.65 Change 1.46 Cattle Prices ($/cwt) Alberta Ontario (Friday to Thursday) Price Range Change Price Range Change Grade A Steers (1,000 +lb) - 124.81-146.89 0.00 Grade A Heifers (850 +lb) - 120.68-141.83 4.21 D1, 2 Cows 78.00-94.00 2.50 45.88-69.98-3.05 D3 Cows 67.00-85.00 1.50 64.00-69.00 5.52 Bulls - 71.63-95.61-7.76 Feeder Cattle (medium & large frame lean) Steers (901 +lb) 186.00-197.00 3.00 178.21-212.94 8.00 (801-900) 198.00-211.00 5.50 203.73-222.94 10.92 (701-800) 204.00-220.00 1.50 194.27-226.24 10.59 (601-700) 211.00-227.00 1.50 178.57-229.68-5.01 (501-600) 217.00-234.00-3.00 168.30-256.28-7.98 (401-500) 228.00-254.00-1.00 182.08-274.10 3.72 Heifers (901 +lb) 170.00-183.00 0.50 139.34-166.88-3.93 (801-900) 178.00-190.00-0.50 170.46-193.62 6.87 (701-800) 182.00-195.00-2.00 158.12-192.99-6.54 (601-700) 185.00-201.00 1.50 158.87-197.47-2.47 (501-600) 191.00-205.00-2.00 146.60-213.67 7.38 (401-500) 199.00-225.00-1.50 148.64-225.35 0.74 Page 2 of 7

Auction Market Sales ($/cwt) (Price ranges refer to top quality animals only.) Ashern Gladstone Grunthal Price Range Price Range Price Range Steers - - - Heifers - - - Age Verified Cows - - - Dry Fed Cows - - - D1, 2 Cows 72.00-84.00 72.50-84.25 68.00 80.00 D3 Cows 60.00-71.00 51.00-69.00 - Bulls 88.00-103.00 101.00-105.00 90.00-101.50 Feeder Cattle (medium & large frame lean) Steers (901+lb) - 184.50-188.75 155.00-182.50 (801-900) - 175.00-205.50 160.00-193.50 (701-800) 203.00-205.00 157.00-212.50 170.00-213.50 (601-700) 186.00-210.00 100.00-226.50 180.00-222.00 (501-600) 176.00-231.00 192.00-244.50 200.00-250.00 (401-500) 180.00-236.00 200.00-266.00 240.00-297.00 Heifers (901+lb) 141.50-141.50 140.00-165.00 (801-900) 157.00 178.50 156.50-184.75 155.00-183.00 (701-800) 160.00 181.50 155.00-189.50 160.00-183.00 (601-700) 180.00 184.50 165.00-192.25 175.00-202.50 (501-600) 170.00 204.00 155.00-207.00 180.00-212.50 (401-500) 180.00 217.00 175.00-219.50 190.00-228.00 Page 3 of 7

Killarney Virden Pipestone Price Range Price Range Price Range Steers - - Heifers - - Age Verified Cows - - Dry Fed Cows - D1, 2 Cows 75.00-82.00 71.00-78.00 72.00-84.50 D3 Cows - 67.00-73.00 60.00-70.00 Bulls 95.00-107.75 98.00-108.00 88.00-106.00 Feeder Cattle (medium & large frame lean) - Steers (901+lb) - 181.00-194.00 165.00-190.00 (801-900) 195.00-211.00 193.00-207.00 180.00-209.00 (701-800) 195.00-218.00 204.00-219.00 190.00-217.00 (601-700) 210.00-225.00 210.00-229.00 200.00-224.00 (501-600) 220.00-240.00 218.00-233.00 210.00-231.00 (401-500) 220.00-265.00 230.00-264.00 215.00-244.00 Heifers (901 +lb) - 172.00-183.25 140.00-166.00 (801-900) - 178.00-187.00 160.00-178.00 (701-800) 180.00-189.00 181.00-191.00 170.00-190.00 (601-700) 185.00-194.00 186.00-198.00 178.00-193.50 (501-600) 190.00-200.00 192.00-208.00 182.00-206.00 (401-500) 200.00-223.00 204.00-221.00 188.00-217.00 Railgrade Cattle Prices - Winnipeg ($/lb) Current Week Last Week Grade "A" Steers/Heifers (Select) 2.30-2.33 na - na D1,2 Cows 1.30-1.63 1.37-1.64 Wholesale Beef Prices - United States - Choice (600-900 lb) Carcass Price Equivalent Index Boxed Beef Cutout Value Current Week Last Week Current Last Week Week $178.73 $179.46 $203.86 $204.71 Page 4 of 7

CME Futures (US$/cwt) Fed Cattle Close Chg Feeder Cattle Close Chg Hogs (lean carcass) October 2018 $113.63 0.40 October 2018 156.98-0.88 October 2018 67.50 6.20 December 2018 $118.38-0.20 November 2018 Close 157.75 0.13 December 2018 55.33 Febuary 2019 $122.58 0.03 January 2019 154.50 0.00 February 2019 64.73 1.25 April 2019 $123.70 0.03 March 2019 153.38 0.75 April 2019 69.25 1.08 June 2019 $116.33-0.05 April 2019 153.75 0.97 May 2019 74.20 0.90 August 2019 $114.48 0.13 May 2019 153.55 1.20 June 2019 80.38 1.93 October 2019 $115.45 0.08 August 2019 155.53 1.63 July 2019 81.15 2.48 December 2019 $116.58-0.17 September 2019 Chg - 0.15 155.30-0.15 August 2019 79.75 2.22 Febuary 2020 $117.68-0.15 October 2019 65.45 1.45 Maple Leaf Sig #5 - Contract Prices Top of Range (MFL Delivered) - Thursday October 2018 Price (C ) November 2018 133.71 December 2018 125.48 January 2019 141.22 February 2019 147.72 March 2019 150.81 April 2019 159.58 Hog Price Averages E - Estimation Manitoba Manitoba (all weights) Fri - Thurs Manitoba (Index 100) Fri - Thurs Ontario (Index 100) Mon - Fri Quebec (Index 100) Mon - Fri Sows* Mon - Fri (Live Weight) Oct 05 Week Ending: Sept 28 Sept 21 Last 169E 172 E 155.00 145.35 156E 159 E 143.00 136.38 159.11 149.35 131.09 123.83 160.57 146.47 129.32 125.89 May 2019 172.93 Sows #1 (+500 lb) 41.89 39.68 39.68 48.5 June 2019 184.02 Sows #1 (-500 lb) 33.07 30.86 30.86 44.09 July 2019 181.86 Sows #2 22.05 19.84 19.84 28.66 August 2019 180.87 Sows #3 4.41 4.41 4.41 8.82 Boars #1 (127-272 ) 6.61 6.61 6.61 19.84 Boars #2 (272-317 ) 4.41 4.41 4.41 8.82 Boars #3 (<94 and >314 ) 2.20 2.20 2.00 4.41 Weanling Pig Prices (C$/head) Week Ending - September 28, 2018 Spot Price Range Contract Price Range US National Direct Delivered (10 lbs, 40 lbs) 5- Isowean Pig na - na 46.25-54.50 47.31-60.80 23- Weanling Pig na - na na - na 38.93-55.14 Page 5 of 7

Ewes & Lambs - Week Ending - October 5th, 2018 Winnipeg 190 head ($/cwt) Wooled Feeders Wooled Fats Hair Lambs Lambs: (110 + lb.) 155.00-170.00 - - (95-109 lb.) 160.00-185.00 - - (80-94 lb.) 185.00-195.00 - - (Under 80 lb.) 185.00-195.00 - - (New Crop) - - - Ewes - Choice 88.00-107.00 - - - Medium/Plain 55.00-77.00 - - ($/cwt) Toronto Volume Ewes Lambs: (110 + lb.) 192.69-220.57 195 (95-109 lb.) 225.53-239.76 660 (80-94 lb.) 215.64-239.74 1,052 (Under 80 lb.) 173.31-252.03 1,070 (New Crop) - Lambs Base Price (40-61.9 lbs dress weights - rail) Price range off of base Lambs: (50-100 lb.) - Goats: ($/head) Winnipeg - 60 head Toronto Volume Feeders Fats ($/cwt) Billys 240.00-280.00 - Mature 105.36-234.62 563 Nannys - Choice 120.00-160.00 - - Medium/Plain - - Kids - Choice 130.00-168.00 - Kids 111.66-261.80 1,116 - Medium/Plain 70.00-110.00 - Horses: Toronto ($/cwt) <1,000 lb. 38.00-77.50 1,000 + lb. 50.00-67.50 Page 6 of 7

Slaughter and Grading Reports Hog Slaughter Week ending Oct 05, 2018 Previous Week ending Oct 05, 2018 Cattle Slaughter Previous Canada 407,700 426,093 59,873 58,659 East 234,386 259,360 12,839 12,584 West 173,314 166,733 47,034 46,075 Manitoba * 116,401 110,028 47,034 46,075 U.S. 2,568,000 2,528,000 650,000 648,000 * - Hog Slaughter includes estimates for Manitoba and Saskatchewan - Cattle Slaughter only Western Canada reported. Cattle Grades (Canada) Week ending Oct 05, 2018 Previous Cattle Classes (Canada) Week ending Oct 05, 2018 Previous Prime 1,197 750 Steers 38,086 36,188 AAA 32,275 30,264 Heifers 12,637 14,834 AA 15,435 17,531 Cows 8,723 7,242 A 569 869 Bulls 427 395 B 881 1,149 Calves 3,521 3,861 D 7,295 6,944 E 434 399 US Weekly Price and Production Summary, LMIC http://www.lmic.info/spreadsheet/prices-and-production 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 7 of 7