Cash cattle prices increased from last week with the five area cash cattle moving to $150.84.

Our panel of Monday Market Sentiment cattle industry experts project prices to decline and Monday Market Sentiment: Cash cattle prices increase slightlymove down to $149.49.

Choice boxed beef fluctuated throughout the week, hitting a high on $244.06, but ending on Monday at $240.16. This moves the 27-day average to $229.42. The cut seeing the greatest steady price increase over the course of the week was choice primal short plate with a $5.16 rise, ending Monday at $173.35.

Estimated cattle slaughter continues to be on the rise with the high beef demand season on the horizon. After moving above the 27-day average in the previous week, slaughter numbers fluctuated during the week and settled at 115,000 head on Monday. This brings the 27-day average up to a year high of 110,778.

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 Chris Hayes of Hayes Feedlot.


REPORT TODAY YESTERDAY DIFFERENCE
  Boxed Beef - Choice 241.12 240.16 0.96
 
BOXED BEEF - CHOICE 10 DAYS 27 DAYS THIS YEAR
Average 241.79 229.42 224.83
High 244.06 244.06 244.06
Low 240.16 207.68 200.55
 
Chart
 

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