Livestock Futures Contract Specifications
|
Commodity: |
Feeder Cattle |
|
Commodity Symbol: |
FC |
|
Commodity Exchange: |
Chicago Mercantile Exchange |
|
Contract
Size: |
50,000 pounds averaging 700 to 849 pounds. |
|
Prices
Quoted In: |
Cents per pound |
|
Tick
Value: |
$0.025 ($12.50 per contract) |
|
Daily
Price Limit: |
$.030/lb ($1500 per contract) |
|
Contract Months: |
January, March, April, May, August, September, October, November |
|
Last
Trading Day: |
The Last Thursday of the contract month |
|
Trading
Hours: |
9:05 am to 1:00 pm Central Time, Monday Through Friday |
|
Commodity: |
Live Cattle |
|
Commodity Symbol: |
LC |
|
Commodity Exchange: |
Chicago Mercantile Exchange |
|
Contract
Size: |
40,000 pounds of steers averaging 1100 to 1300 pounds |
|
Prices
Quoted In: |
Cents per Pound |
|
Tick
Value: |
0.025 Cents ($10.00 per Contract) |
|
Daily
Price Limit: |
$.030 per
pound ($1200 per contract) |
|
Contract Months: |
February, April, June, August, October, December |
|
Last
Trading Day: |
The last business day of the contract month. |
|
Trading
Hours: |
9:05 am to 1:00 pm Central Time, Monday Through Friday |
|
Commodity: |
Lean Hogs |
|
Commodity Symbol: |
LH |
|
Commodity Exchange: |
Chicago Mercantile Exchange |
|
Contract
Size: |
40,000
pounds |
|
Prices
Quoted In: |
Cents per pound |
|
Tick
Value: |
$0.025 Cents per Pound ($10.00 per Contract) |
|
Daily
Price Limit: |
$0.02 per pound ($800 per contract) |
|
Contract Months: |
February, April, May, June, July, August, October, December |
|
Last
Trading Day: |
The 10th business day of the contract month. |
|
Trading
Hours: |
9:10 am to 1:00 pm Central Time, Monday Through Friday |
|
Commodity: |
Pork Bellies |
|
Commodity Symbol: |
PB |
|
Commodity Exchange: |
Chicago Mercantile Exchange |
|
Contract
Size: |
40,000 pounds |
|
Prices
Quoted In: |
Cents per
pound |
|
Tick
Value: |
$0.00025
($10.00 per Contract) |
|
Daily
Price Limit: |
$.020 or
$.030 or $.045 per pound, Expandable price limits |
|
Contract Months: |
February,
March, May, July, August |
|
Last
Trading Day: |
Business day
preceding the last three business days of the contract month. |
|
Trading
Hours: |
9:10 am to 1:00 pm Central Time, Monday Through Friday |
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