This week the 5-Area Accumulated Average Cattle Price increased even further this week to $133.50.

Our panel of cattle industry experts who make up the Monday Market Sentiment guessed a little low with an average guess of $128.82 per hundredweight. This week, the panel projects the 5-Area price to increase to $137.69.

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 dropped slightly throughout this week, starting off on October 13 at $208.46 per hundredweight and moving to $213.64 per hundredweight by October 19. The 27-day average price now rests at $215.17.

Choice primal rib increased during the week. Last week, primal rib kicked off October 13 at $310.35 per hundredweight and ended October 19 at $313.43 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 Shelby Jones, Ranger Feeders.

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