Live Cattle

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Live Cattle Specifications

Exchange:  CME Group

Contract  Size: 40,000 pounds

Pricing Unit: cents per pound

Tick Size (minimum fluctuation):  $.00025 per pound (=$10 per contract)

Contract Months (Symbols): Feb (G), Apr (J), Jun (M), Aug (Q), Oct (V), Dec (Z)

Trading Hours (CME GLOBEX, electronic): 

 Trading Hours (Trading Floor): MON 9:05 a.m. – FRI 1:55 p.m. Central Time Daily trading halts 4:00 p.m. – 5:00 p.m. Central Time

Daily Price Limit: $.03 per pound above or below the previous day’s settlement price

Settlement Procedure: Physical Delivery

Last Trade Date: Last business day of the contract month, 12:00 p.m