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Home > Meats > Live Cattle

The word cattle can conjure images of wild prairies and rugged western landscapes, cattle drives, wealthy barons, and cowboys. The beef and cattle industry today is a multi-billion dollar industry, and cattle futures on the CME are not only a means for industry professionals to access hedging opportunities, but also an avenue for speculators to participate in cattle trade - with or without the ten gallon hat.



Contract Size:

40,000 lbs.

Price Quote & Tick Size:

Cents per bushel; minimum fluctuation is ¼ cent per bushel ($12.50 per contract).

Contract Months:

February, April, June, August, October, December.

Trading Specs:

Trades electronically on the InterContinental Exchange 2:30 am - 2:45 pm ET.
Options floor trading hours are 0800 to 1300 ET.

Daily Price Limit:

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



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Disclaimer: There is risk of loss in all commodities trading. Losses can exceed your account size and/or margin requirements. Commodities trading can be extremely risky and is not for everyone. Some option strategies have unlimited risk. Educate yourself on the risks and rewards of such investing prior to trading. Futures Press Inc., the publisher, and/or its affiliates, staff or anyone associated with Futures Press, Inc. or www.learnaboutfutures.com, do not guarantee profits or pre-determined loss points, and are not held monetarily responsible for the trading losses of others (subscribers or otherwise). Past results are by no means indicative of potential future returns. Options DO NOT necessarily move lock step with the underlying futures contract. Information provided is compiled by sources believed to be reliable. Futures Press, Inc., and/or its principals, assume no responsibility for any errors or omissions as the information may not be complete or events may have been cancelled or rescheduled. Any copy, reprint, broadcast or distribution of this report of any kind is prohibited without the expressed written consent of Futures Press, Inc.

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