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Home > Meats > Feeder Cattle

Feeder cattle futures, like live cattle, provide an opportunity for industry professionals to participate in fair price discovery and possibly try to hedge their interests against feed grain and cattle price changes. The CME Feeder Cattle contract is cash-settled.

Contract Size:

50,000 lbs

Price Quote & Tick Size:

cents per pound; minimum fluctuation is $.00025 per pound ($12.50 per contract)

Contract Months:

January, March, April, May, August, September, October, November

Trading Specs:

Floor trading is conducted 9:05 am to 1:00 pm CT Mon - Fri; Globex trading Mon 9:05 a.m. - Fri 1:55 p.m. CT. Daily trading halts from 4:00 p.m.-5:00 p.m.

Daily Price Limit:

$.03 per pound above or below previous day's settlement price



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