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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. July 7, 1 US $ = C $ 1.2887 1 EURO = C $ 1.4692 1 Yen = C $ 0.01131 Friday noon Cattle Prices Winnipeg Brandon Ste. Rose ($/cwt) Closed for the summer (Friday to Thursday) Price Range Change Price Range Change Price Range Change Steers - Not available this week Not available this week Heifers - Age Verified Cows - - Dry Fed Cows - - - D1, 2 Cows - - - D3 Cows - - - Bulls - - - Steers (901 + lb) - - - Heifers (901 +lb) - - - U.S. Direct ($ Cdn) Average Price 151.47 Change -2.98 Page 1 of 7

Cattle Prices ($/cwt) Alberta Ontario (Friday to Thursday) Price Range Change Price Range Change Grade A Steers (1,000 +lb) - 138.45-164.28-2.16 Grade A Heifers (850 +lb) - 134.14-162.09-4.63 D1, 2 Cows 97.00-120.00-1.50 77.69-105.47-0.89 D3 Cows 85.00-104.00-2.00 77.69-105.47-0.89 Bulls - 112.49-130.28 0.19 Steers (901 +lb) 165.00-185.00-2.50 154.39-175.79-4.58 (801-900) 181.00-195.00-9.50 138.69-182.67-19.02 (701-800) 196.00-212.00-10.00 165.23-192.61-7.81 (601-700) 211.00-236.00-3.50 151.28-213.19-13.29 (501-600) 225.00-242.00 1.00 174.14-229.87-11.43 (401-500) 225.00-266.00-4.00 205.98-240.47 0.59 Heifers (901 +lb) 152.00-170.00-2.50 147.31-162.48-1.59 (801-900) 165.00-174.00-10.50 142.92-170.05-4.63 (701-800) 170.00-192.00-14.00 157.15-179.92 4.59 (601-700) 187.00-214.00-7.00 158.30-200.90-1.35 (501-600) 197.00-221.00 1.50 165.63-202.23 3.63 (401-500) 201.00-233.00-4.50 179.33-194.93-11.59 Auction Market Sales ($/cwt) (Price ranges refer to top quality animals only.) Steers Heifers Ashern Gladstone Grunthal Price Range Price Range Price Range Closed for the summer Age Verified Cows - Dry Fed Cows D1, 2 Cows - D3 Cows - Bulls - Not available this week Not available this week Steers (901+lb) - - - Heifers (901+lb) - - - Page 2 of 7

Killarney Virden Price Range Price Range Steers - Closed for the summer Heifers - Age Verified Cows - - Dry Fed Cows D1, 2 Cows - 94.00-102.00 D3 Cows 86.00-94.00 Bulls - 115.00-129.00 Steers (901+lb) - 165.00-177.00 (801-900) - 177.00-188.00 (701-800) - 200.00-215.00 (601-700) - 215.00-234.00 (501-600) - 220.00-248.00 (401-500) - 235.00-260.00 Heifers (901 +lb) - 155.00-166.00 (801-900) - 164.00-175.00 (701-800) - 175.00-190.00 (601-700) - 184.00-198.00 (501-600) - 194.00-215.00 (401-500) - 215.00-235.00 Railgrade Cattle Prices - Winnipeg ($/lb) Current Week Last Week Grade "A" Steers/Heifers (Select) na - na na - na D1,2 Cows na - na 1.76-2.37 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 $193.37 $197.97 $220.05 $226.55 Page 3 of 7

CME Futures (US$/cwt) Fed Cattle Close Chg Feeder Cattle Close Chg Hogs (lean carcass) August $114.95-1.55 August 144.63-2.55 July 91.48 2.00 October $113.88-1.10 September Close Chg 144.78-2.42 August 82.65 1.90 December $114.55-0.73 October 143.83-2.25 October 70.73 2.07 February 2018 $115.25-0.45 November 143.00-1.75 December 65.25 3.15 April 2018 $114.28 0.15 January 2018 139.58-1.25 February 2018 68.73 3.07 June 2018 $108.03 0.63 March 2018 137.03-1.07 April 2018 71.90 2.03 August 2018 $106.63 0.60 April 2018 135.93-1.95 May 2018 75.85 1.65 October 2018 $107.08-0.52 May 2018 135.90-0.63 June 2018 78.50 1.28 December 2018 $107.58 na July 2018 77.73 1.47 Maple Leaf Sig #5 - Contract Prices Top of Range (MFL Delivered) - Thursday Price (C$/100 kg) Hog Price Averages Week Ending: E - Estimation Jul 7 Jun 30 Jun 23 August 184.85 Manitoba $/100 kg $/100 kg $/100 kg September 169.51 October 160.89 November 151.43 December 145.60 January 2018 149.93 February 2018 153.60 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) Last $/100 kg 220E 221.43 218.16 206.68 204E 205.76 202.46 190.98 215.97 217.13 211.05 195.14 220.10 221.49 210.53 200.84 $/100 kg $/100 kg $/100 kg March 2018 158.63 Sows #1 (+500 lb) 119.05 121.25 101.96 91.49 April 2018 160.41 Sows #1 (-500 lb) 106.92 109.13 88.74 73.85 $/100 kg Sows #2 103.62 105.82 77.71 59.52 Sows #3 28.66 28.66 55.67 11.02 Boars #1 (127-272 kg) 19.84 19.84 19.84 22.05 Boars #2 (272-317 kg) 8.82 8.82 15.43 15.43 Boars #3 (<94 and >314 kg) 4.41 4.41 11.02 8.82 Weanling Pig Prices (C$/head) Week Ending - June 30, Spot Price Range Contract Price Range US National Direct Delivered (10 lbs, 40 lbs) 5-kg Isowean Pig 21.55-28.73 na - na 25.47-57.46 23-kg Weanling Pig na - na na - na 62.69-71.83 Page 4 of 7

Ewes & Lambs - Week Ending - July 7, Winnipeg (355) ($/cwt) Wooled Feeders Wooled Fats Hair Lambs Lambs: (110 + lb.) - 190.00-205.00 - (95-109 lb.) - 195.00-208.00 - (80-94 lb.) - 205.00-217.00 - (Under 80 lb.) - 208.00-220.00 - (New Crop) - - - Ewes - Choice - 100.00-118.00 - - Medium/Plain - 80.00-95.00 - ($/cwt) Toronto Volume Ewes 109.55-144.11 881 Lambs: (110 + lb.) 159.42-200.52 105 (95-109 lb.) 231.57-252.83 624 (80-94 lb.) 228.59-257.57 757 (Under 80 lb.) 221.07-295.17 1,134 (New Crop) - Lambs Base Price (40-61.9 lbs dress weights - rail) Price range off of base Lambs: (50-100 lb.) Goats: ($/head) Winnipeg (55) Toronto Volume Feeders Fats ($/cwt) Billys - 210.00-240.00 Mature 102.99-251.41 666 Nannys - Choice - 165.00-200.00 - Medium/Plain - 130.00-160.00 Kids - Choice - 170.00-205.00 Kids 118.79-262.38 382 - Medium/Plain - 110.00-155.00 Horses: Toronto ($/cwt) <1,000 lb. 15.00-52.50 1,000 + lb. 20.00-59.00 Page 5 of 7

Slaughter and Grading Reports Hog Slaughter Week ending June 30, Previous Week ending June 30, Cattle Slaughter Previous Canada 368,046 325,846 56,774 42,691 East 203,025 192,512 12,026 9,364 West 165,021 133,334 44,748 33,327 Manitoba * 106,567 81,764 NA NA U.S. 2,192,000 2,119,000 638,000 605,000 * - Hog Slaughter includes estimates for Manitoba and Saskatchewan - Cattle Slaughter only Western Canada reported. Cattle Grades (Canada) Week ending June 30, Previous Cattle Classes (Canada) Week ending June 30, Previous Prime 591 447 Steers 34,597 27,380 AAA 24,458 19,100 Heifers 14,528 9,400 AA 21,154 15,788 Cows 7,251 5,755 A 1,384 748 Bulls 428 156 B 1,163 536 Calves 3,410 3,673 D 6,981 5,471 E 371 162 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, 2015 - (monthly and year-to-date total) Markets: Cattle Sold in June 2015 as a % of Cattle (January- June) 2015 as a % of Ashern 571 690 433 83 25,989 22,333 24,382 116 Brandon 1,058 1,032 1,038 103 24,652 17,752 21,253 139 Gladstone 1 275 0 362 na 12,858 12,035 12,229 107 Grunthal 493 142 488 347 12,067 10,048 10,026 120 Killarney 379 185 238 205 15,393 11,437 10,372 135 Ste. Rose 710 524 521 135 28,968 24,354 25,909 119 Virden 1,589 2,616 2,405 61 46,683 38,578 38,803 121 Winnipeg 1,885 1,910 925 99 26,815 20,270 18,145 132 TOTAL 6,960 7,099 6,410 98 193,425 156,807 161,119 123 a Includes duplication if animal is sold more than once. PS: Cattle data collection started in 2010. SOURCE: Manitoba auction markets; prepared: July 7th, Number of Feeder Cattle Sold a Through Manitoba Auction Markets, 2015 - (monthly and year-to-date total) Markets: Feeders Sold in June 2015 as a % of Feeders (January- June) 2015 as a % of Ashern 371 450 233 82 22,266 19,350 20,584 115 Brandon 496 600 624 83 21,531 14,948 17,817 144 Gladstone 1 275 0 362 na 12,858 12,035 12,229 107 Grunthal 319 88 184 363 10,324 8,263 8,103 125 Killarney 160 120 153 133 13,443 10,259 9,181 131 Ste. Rose 355 211 185 168 25,195 21,384 22,173 118 Virden 961 1,188 1,302 81 38,225 30,610 31,250 125 Winnipeg 856 1,285 425 67 22,281 16,865 14,790 132 TOTAL 3,793 3,942 3,468 96 166,123 133,714 136,127 124 a Includes duplication if animal is sold more than once. SOURCE: Manitoba auction markets; prepared: July 7th, 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