After a large jump in the previous week, 5-area cash cattle fell this week from $169.04 to $167.52.

Our panel of cattle industry experts that make up the Monday Market Sentiment panel projected an increase, however, this week, numbers fell. Their estimations set the MMS at $169.62, while 5-area cash cattle actually fell. This week, the panel lowered their projections, predicting the price to hit $166.62.

Interested in joining the Monday Market Sentiment panel? Click here for more information. Weekly winners receive a $100 gift card to Cabelas, compliments of Merck Animal Health Feedyard Team.

Choice boxed beef prices were steady this past week, seeing a high of $253.63 on Wednesday and a low of $250.73 on Monday. This price moved the 27-day average slightly up to $246.62.

Choice primal rib had another uneven week, jumping from Tuesday’s low of $356.22 to Monday's high of $362.83. The price movement raised the 27-day average to $348.28.

Each week the Cattle Trader Center, on behalf of Vance Publishing, awards a $100 gift certificate from Cabela's to the industry leader whose forecast comes closest to the 5-Area cash trade number reported by the USDA. The most recent winner was Tom Brink, Five Rivers Cattle Feeding.

Want to join the expert panel? Email your 5-area cash trade estimate by 10 a.m. CT each Tuesday to cmies@vancepublishing.com along with your name and company affiliation.

REPORT TODAY YESTERDAY DIFFERENCE
  Primal Rib - Ch 362.83 361.14 1.69
 
PRIMAL RIB - CH 10 DAYS 27 DAYS THIS YEAR
Average 357.12 348.28 335.72
High 362.83 362.83 388.24
Low 351.29 332.48 277.33
 
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