• November 2017 Feeder Cattle Futures and Options – Settlement Date/Option Expiration DELAYED

      • To
      • Members, Member Firms and Market Users
      • From
      • Research and Product Development
      • #
      • SER-8037
      • Notice Date
      • 17 November 2017
      • Effective Date
      • 17 November 2017
    • Chicago Mercantile Exchange Inc. (“CME” or “Exchange”) has been advised that the USDA-AMS Market News’ reporting system has been experiencing technical difficulties. This has caused several reports of feeder cattle auctions and sales to be delayed and, in some cases, reported multiple days late.

      To ensure that all relevant reports are included in the settlement price and pending resolution of this matter, the Feeder Cattle Index price for today, Friday, November 17, 2017 will be delayed until Monday, November 20, 2017 or beyond. The Feeder Cattle Index price serves as the final settlement price for the November 2017 contract month of CME’s Feeder Cattle futures and options contracts.

      Questions regarding this notice may be directed to:

      Jim Sullivan

      312-930-2308

      Jim.Sullivan@cmegroup.com

      Tony Drake

      312-338-2888

      Tony.Drake@cmegroup.com

      Please click here for PDF of SER-8037.