This week the 5-Area Accumulated Average Cattle Price jumped farther this week to hit $136.24.

Our panel of cattle industry experts who make up the Monday Market Sentiment guessed a little high with an average guess of $137.10 per hundredweight. This week, the panel projects the 5-Area price to increase to $137.73.

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 slightly throughout this week, starting off on October 27 at $217.95 per hundredweight and moving to $219.61 per hundredweight by November 2. The 27-day average price now rests at $211.70.

Choice primal rib jumped during the week. Last week, primal rib kicked off October 27 at $339.04 per hundredweight and ended November 2 at $349.30 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 Ryan Loseke, Loseke 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.