Live Cattle Futures Contract
Once cattle have reached their potential to gain and weigh between 1,050 and 1,500 pounds, they are referred to as fed or Live Cattle. This entire production cycle from pasture to plate generally takes two years. Investors can actively trade this commodity futures contract for both speculative and hedge purposes.
Contract Unit
40,000 pounds
Futures Contract
Symbol
CME Globex: LE
Trading Hours
CME Globex: Monday – Friday 8:30 a.m. – 1:05 p.m. Chicago/Central Time (CT).
Minimum Price
Fluctuation
0.00025 per pound = $10.00
Contract Months
February, April, June, August, October & December
Settlement Method
Deliverable
Price Limit / Circuit
Source: CME Group
The above information was derived from sources believed to be reliable and accurate. It is provided without guarantees and is subject change without notice.
Since 2001, Insignia Futures & Options has been providing commodity futures brokerage services to investors from all over the world.
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