Futures and Market Trends
Live cattle futures are standardized, exchange-traded contracts on the Chicago Mercantile Exchange (CME). The contracts represent the delivery of full-grown cattle that are ready to be sold to meat processors, having reached a weight of between around 1,200 and 1,400 pounds.
Considering trading live cattle futures? Here’s what you need to know.
Exchange | Chicago Mercantile Exchange, FC |
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Contract Size | 40,000 pounds |
Tick Size & Value (minimum) | $.025/cwt, $10 per contract |
Trading Times | Monday 9:30AM EST to 2:05PM EST @ Globex |
Principle Trading Months | February, April, June, August, October & December |