PROPERTY USED IN STOCKYARD OPERATIONS

3 Months Ended

Jul. 31, 2011

PROPERTY USED IN STOCKYARD OPERATIONS [Text Block]

12. PROPERTY USED IN STOCKYARD OPERATIONS

    A schedule of the Company’s property used in stockyard operations at July 31, 2011 is as follows (000's omitted):

						Current Year
						(Retirements)
		Historical Cost				Additions							Carrying
				Bldgs. & 				Bldgs. &		Accum.			Value
Description (1)		Land		Imprvmts.		Land		Imprvmts.		Depr.			07/31/11
30 acres of land in St. Joseph, MO Acquired in 1942	$	902	$	325	$	0	$	35	$	(206	)	$	1,056

     Substantially all of Canal’s real property is pledged as collateral for its related party debt obligations.