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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.

Take the next step and open your futures trading account today…