Demand Index

Glenn Grimes
January - March 2008

(Compared to Same Period 2007) green line



                       Pork
                   -------------

Elasticity     -0.67          -0.75          -0.90
              -------------------------------------
Change         +0.3%          +0.2%          -0.3%


                    Choice Beef
                   -------------

Elasticity     -0.67          -0.75          -0.90
              -------------------------------------
Change         -2.9%          -3.0%          -3.2%


                     Live Hogs
                   -------------

Elasticity     -0.15          -0.20          -0.25
              -------------------------------------
Change         +8.9%          +8.0%          +7.1


                  Live Fed Cattle
                  ---------------

Elasticity     -0.45          -0.50          +0.55
              -------------------------------------
Change         +0.3%          +0.2%          +0.1%


            Broilers or Young Chickens
            --------------------------

Elasticity     -0.67          -0.75          -0.90
              -------------------------------------
Change         +2.9%          +3.2%          +3.8%


                      Turkeys
                   -------------

Elasticity     -0.67          -0.75          -0.90
              -------------------------------------
Change         +7.2%          +7.7%          +8.8%


green line

[ AgEBB ] - [ Farm Marketing ]