This week the 5-Area Accumulated Average Cattle Price saw a huge fall this week to hit $118.54
Our panel of cattle industry experts who make up the Monday Market Sentiment shot very high with an average guess of $128.84 per hundredweight. This week, the panel projects the 5-Area price to increase to $118.68
Choice boxed beef dropped slightly throughout this week, starting off on September 29 at $209.31 per hundredweight and moving to $203.97 per hundredweight by October 5. The 27-day average price now rests at $227.58.
Choice primal rib increasedduring the week. Last week, primal rib kicked off September 29 at $293.273 per hundredweight and ended October 5 at $295.73 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 Andrea Kitch, Innovative Livestock
Want to join the expert panel? Email your 5-area cash trade estimate by 10 a.m. CT each Tuesday to email@example.com along with your name and company affiliation.