This week the 5-Area Accumulated Average Cattle Price saw an fall this week to $123.35

Our panel of cattle industry experts who make up the Monday Market Sentiment had an average guess of $126.82 per hundredweight, which was just a little optimistic. This week, the panel projects the 5-Area price to increase to $122.77

Feed cattle? Like predicting market trends? Have use for a $100 gift card from Cabela's? Then we want you. Click here to join our Monday Market Sentiment panel of cattle industry experts.

Choice boxed beef increased slightly throughout this week, starting off on December 1 at $203.81 per hundredweight and increasing to $202.87 per hundredweight by December 7. The 27-day average price now rests at $210.12.

Choice primal rib jumped during the week. Last week, primal rib kicked off December 1 at $373.13 per hundredweight and ended December 7 at $387.27 per hundredweight. 

Each week the Cattle Trader Center, on behalf of Merck Animal Health, 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 Matt Selee, Cattle Empire.

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