twitter facebook google
online support

Feeder Cattle

Educational Resources For Trading Futures & Options

The following information provides basic contract specifications for crude oil futures contracts.  Please feel free to contact us via Phone, Live Chat, or Email for any further inquiries.

Educational Resources For Trading Futures & Options

Feeder Cattle contracts represent 650-849 pound feeder steers to be placed in feedyards for fattening.  As a derivative of the Live Cattle futures, prices are influenced by factors that affect both the feedgrain and the fed cattle prices.  There is one contract denomination available for trade:


  • FC trades in units of 50,000 pounds (~23 metric tons)
    The minimum price fluctuation is 0.025 ($12.50 per contract).

Maximum Daily Price Fluctuation is 150 points or 1.5cents/lb.

Contract Expiration:  Request Free Demo to gain access to our web-based trading platform.  From within the web-based platform you will have access to view complete contract specifications, including First Notice and Last Trading day.

Margin requirements are subject to change, and are required for open futures positions.

The Feeder Cattle contract is available for trade on the CME Globex platform.  Open outcry trading is conducted from 7:05AM PT through 11:00AM PT.  Electronic trading is conducted from 5:00PM PT through 4:00AM PT the next day.

Trading example:  If you purchase 1 contract of FC at 97.500 and the next day it moves to 98.500, you have a profit of $500.  Inversely, if the price dropped to 96.500 the next day, you would have a loss of $500.

- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - To make sense of the information provided and learn how to trade futures please read through our futures education.
This information is from sources believed to be reliable, but Expo Futures will not be held responsible for either its accuracy or completeness. Please note that all times posted are in Pacific Standard Time and are subject to change.
For information on a particular contract not listed, please feel free to contact us.

live demo of our trading platform arrow down

Sign up for a FREE 14 day trial of the GO FUTURES online trading platform

Please note that the demo does not account for commissions and fees that would be charged in a live account.