Live Cattle (LE) Futures

$193.85
-0.33[-0.17%]
as of 2024-12-31
Q

How large is a live cattle futures contract?

A

Live cattle futures include 40,000 pounds of market-ready cattle, where each head has reached a weight of between 1,200 and 1,400 pounds.

Q

Why should businesses purchase live cattle futures?

A

Businesses should buy live cattle trading futures to hedge against rising livestock prices.

Q

Where are live cattle futures traded?

A

Live cattle futures are traded on the Chicago Mercantile Exchange.

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