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Live 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

Over 40 years of price history make this contract essential to hedgers and attractive to traders.  The Live Cattle contract reflects current supply and demand for fed cattle, competing meats and feedgrains, along with long term cyclical patterns for meat supply and consumer preferences.  There is one contract denomination available for trade:

SYMBOL:

  • LC trades in units of 42,000 pounds (~18 metric tons)
    The minimum price fluctuation is 0.025 ($10.00 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 Live 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 LC at 87.500 and the next day it moves to 88.500, you have a profit of $400.  Inversely, if the price dropped to 86.500 the next day, you would have a loss of $400.

- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - 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.

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