After a three-week climb, the 5-Area Weekly Accumulated Average Cattle Price is down from the previous week, with a drop of $2.43 per hundredweight for a price of $159.43 per hundredweight.

Our panel of cattle industry experts who make up the Monday Market Sentiment projected there to be another increase to $162.07 per hundredweight, missing the market shift by $2.64 per hundredweight. This week the panel estimates there to be another decrease in prices, with a projection of $158.87 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.

Choice boxed beef prices increased at a steady pace throughout last week. On Feb. 17, choice boxed beef started the week at $239.12 per hundredweight, and finished on Feb. 23 at $241.08 per hundredweight. This moved the 27-day average to $245.14 per hundredweight.

Choice primal rib continued to make increases throughout last week. After making a jump of $8 per hundredweight jump in the previous week, choice primal rib started Feb. 17 off at $331.28 per hundredweight and ended the week on $335.41 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 Mike Binns, Brookover Cattle Co.

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.

  Primal Rib - Ch 335.41 335.37 0.04
Average 330.77 330.38 331.85
High 335.41 341.58 344.27
Low 325.63 321.14 321.14
Data provided by iNet Solutions Group, Inc.
All commodity prices delayed 10 minutes.