After four weeks of decline through the month of December, hitting a low of $116.85 per hundredweight on Dec. 22, the 5-Area Accumulate Average Cattle Price has bumped up to $123.48 per hundredweight on Dec. 29.

The panel of cattle industry experts who make up the Monday Market Sentiment were optimistic, projecting the cash cattle price to hit $120.22 per hundredweight. This week, they expect the market to keep momentum and hit $127.21 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 rallied with the Holiday Season, jumping from $191.28 per hundredweight on Dec. 222 to $201.09 per hundredweight on Dec. 29.

Choice primal rib had another volatile week, dropping from $335.98 per hundredweight on Dec. 22 to $326.89 per hundredweight on Dec. 29.

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 Scott Keeling.

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.

Cattle Board
 
 
Board Prices Tue
Dec 22
Wed
Dec 23
Thu
Dec 24
Fri
Dec 25
Mon
Dec 28
Change Report
  Live Cattle 125.60 128.60 131.10 131.10 130.85 -0.25 Report
  Feeder Cattle 158.65 163.08 163.48 163.48 162.65 -0.83 Report
  Corn 3.66 3.66 3.65 3.65 3.61 -0.04 Report
Boxed Beef Tue
Dec 22
Wed
Dec 23
Thu
Dec 24
Fri
Dec 25
Mon
Dec 28
Change Report
  Boxed Beef - Choice 191.28 191.53 194.90 197.63 201.09 3.46 Report
  Boxed Beef - Select 183.93 183.65 187.50 189.47 193.20 3.73 Report
  Boxed Beef - C/S Spread 7.35 7.88 7.40 8.16 7.89 -0.27 Report
Boxed Beef: Loads Tue
Dec 22
Wed
Dec 23
Thu
Dec 24
Fri
Dec 25
Mon
Dec 28
Change Report
  Total Beef Loads 197 222 161 93 97 4 Report
  Choice Cuts 93 131 83 51 39 -12 Report
  Select Cuts 42 47 35 20 25 5 Report
  Trimmings 25 15 4 6 10 3 Report
  Grinds 0 0 0 0 0 0 Report
Boxed Beef: Primal Values Tue
Dec 22
Wed
Dec 23
Thu
Dec 24
Fri
Dec 25
Mon
Dec 28
Change Report
  Primal Rib - Ch 335.98 328.64 331.18 328.62 326.89 -1.73 Report
  Primal Chuck - Ch 148.01 150.09 154.60 159.64 165.20 5.56 Report
  Primal Round - Ch 166.73 166.27 168.98 172.22 178.13 5.91 Report
  Primal Loin - Ch 253.88 255.44 258.89 261.85 264.18 2.33 Report
  Primal Brisket - Ch 136.91 140.95 144.70 147.28 150.97 3.69 Report
  Primal Short Plate - Ch 112.73 113.60 116.34 115.46 115.50 0.04 Report
  Primal Flank - Ch 91.77 91.30 92.17 95.46 95.52 0.06 Report
Other Tue
Dec 22
Wed
Dec 23
Thu
Dec 24
Fri
Dec 25
Mon
Dec 28
Change Report
  Est. Cattle Slaughter 114,000 116,000 113,000 55,000 0 -55,000 Report
  Daily Drop 10.57 10.53 10.53 10.59 10.59 0.00 Report
  Cutter Cow Cutout 158.02 158.32 158.59 161.27 160.71 -0.56 Report
  Beef Carcass - Ch 177.19 177.35 180.04 184.02 188.24 4.22 Report
5-Area Slaughter Tue
Dec 22
Wed
Dec 23
Thu
Dec 24
Fri
Dec 25
Mon
Dec 28
Change Report
  5-Area Head Count 165 13,280 29,252 5,489 395 -5,094 Report
  5-Area WTD 165 13,445 42,697 48,186 395 -47,791 Report
  Live Steer - Weights 0 1,433 1,438 1,444 0 -1,444 Report
  Live Steer 0.00 123.20 123.43 123.40 0.00 -123.40 Report
  Live Heifer - Weights 0 1,327 1,332 1,327 0 -1,327 Report
  Live Heifer 0.00 123.29 123.49 123.62 0.00 -123.62 Report
  Dressed Steer - Weights 0 0 939 938 0 -938 Report
  Dressed Steer 0.00 0.00 199.58 199.60 0.00 -199.60 Report
  Dressed Heifer - Weights 0 0 852 851 874 23 Report
  Dressed Heifer 0.00 0.00 199.60 199.64 200.00 0.36 Report
 
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