After a rally during the first week of 2016 to $134.04 per hundredweight, the 5-Area Accumulated Average Cattle Price dropped to $132.30 per hundredweight.

The panel of cattle industry experts who make up our Monday Market Sentiment were over optimistic with a prediction of $135.52 per hundredweight. This week, they lowered their estimation to $132.40 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 made huge increases throughout the week, starting Jan. 5 at $222.31 per hundredweight, and ending Jan. 11 on $235.32 per hundredweight. The increase moved the 27-day average to $206.67 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 Mike Drinnin.

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