Cash cattle prices continue to increase, with the five area cash cattle price moving up to Monday Market Sentiment: Cash cattle prices continue to increase$152.17. This is a $1.33 jump from the previous week.

Our panel of Monday Market Sentiment cattle industry experts project prices to decline to $150.12.

After a slight increase last Wednesday, choice boxed beef saw a steady decline throughout the week, ending on $233.79 on Monday. This moves the 27-day average to $234.30. Choice primal rib continues to be sought after, ending on $331.89 on Monday. This moves the 27-day average to $312.94, $13.30 above the yearly average.

While estimated cattle slaughter numbers fluctuated throughout the week, numbers are trending up with the 27-day average moving from 110,778 in the previous week to 111,889 this week.

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 Mark Engler of Cactus Feeders.


REPORT TODAY YESTERDAY DIFFERENCE
  Boxed Beef - Choice 233.79 234.46 -0.67
 
BOXED BEEF - CHOICE 10 DAYS 27 DAYS THIS YEAR
Average 240.08 234.30 225.89
High 244.06 244.06 244.06
Low 233.79 213.75 200.55
 
Chart
 

Data provided by iNet Solutions Group, Inc.
All commodity prices delayed 10 minutes.