This week the 5-Area Accumulated Average Cattle Price saw an increase this week to hit $147.45.

Our panel of cattle industry experts who make up the Monday Market Sentiment was pretty close with a guess of $145.66 per hundredweight. This week, the panel projects the 5-Area price to increase to $149.01.

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 throughout this week, starting off on July 28 at $232.15 per hundredweight and moving to $233.99 per hundredweight by August 3. 

Choice primal rib also saw a positive change. Last week, primal rib kicked off July 28 at 322.77 per hundredweight and ended August 3 at $323.98 per hundredweight. The price movement set the 27-day average to $332.82 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 Joe Morgan, Poky Feeders.

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.