Coming off Memorial Day weekend, the 5-Area Accumulated Average Cattle Price continues a two-week decline from $160.75 per hundredweight the week ending May 19, to $159.87 per hundredweight last week.

Our panel of cattle industry experts who make up the Monday Market Sentiment were only one cent off with their estimation of $159.88 per hundredweight. This week, the panel projects the 5-Area price to drop slightly to $159.18 per hundredweight.

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 steadily declined throughout last week, kicking off May 20 at $265.59 per hundredweight and declining to $261.07 per hundredweight by May 26. The boxed beef prices hit a low of $260.25 per hundredweight on May 25. The price decline moved the 27-day average to $259.59 per hundredweight.

Choice primal rib picked up last week after a volatile previous week. During the week ending May 19, primal rib prices declined from $387.11 per hundredweight to $383.94 per hundredweight. Last week, primal rib kicked off May 20 at $384.20 per hundredweight and ended May 26 at $385.38 per hundredweight. However, mid-week, prices saw a drop to $382.19 per hundredweight. The price movement set the 27-day average to $382.93 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 Steve Landgraf, Lakin Feedyard.

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