USDA’s 5-Area Accumulated Average Cattle Price continues to climb, reaching $165.54 per hundredweight last week. The five-week increase moved cash cattle prices up $1.91 per hundredweight from the previous week.

Cattle industry experts who make up the Monday Market Sentiment, were off with their bid of $163.85 per hundredweight. This week, they estimate prices to hit $165.59 per hundredweight.

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

As more consumers fire up their BBQ grills as the weather warms, so have prices for choice boxed beef. After declining to a low of $245.79 per hundredweight on March 23, choice boxed beef picked up a steady pace, ending March 30 on $251.70 per hundredweight. This moved the 27-day average to $247.06 per hundredweight.

Choice primal rib continues to break year-high records, ending March 30 on a high of $379.37 per hundredweight. Prices kicked off at $364.84 on March 24, making the $9.53 per hundredweight climb throughout the week. The continual price increases have moved the 27-day average to $358.15 per hundredweight.

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 Ryan Loseke, Loseke Feedyards.

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