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Feeder Cattle Futures
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Feeder Cattle Futures
Contract Size 50,000 pounds (˜23 metric tons)
Product Description 650-849 pound steers, medium-large #1 and medium-large #1-2
Pricing Unit Cents per pound
Tick Size (minimum fluctuation) $.00025 per pound ($12.50 per contract)
Daily Price Limits $.03 per pound above or below the previous day's settlement price
Trading Hours
(All times listed are Central Time)		 CME Globex (Electronic Platform) MON 9:05 a.m. - FRI 1:55 p.m. Central Time
Daily trading halts 4:00 p.m. - 5:00 p.m. Central Time
Open Outcry (Trading Floor) MON-FRI: 9:05 a.m. -1:00 p.m. Central Time
Last Trade Date/Time
View Calendar		 Last Thursday of the contract month with exceptions for November and other months,
12:00 p.m. - See CME Rule 10202.H.
Contract Months
View Listings		 Jan, Mar, Apr, May, Aug, Sep, Oct, Nov
Settlement Procedure Cash Settlement. See CME Rule 10203.
Position Limits Non-Spot: 1,950 contracts in any contract month
Spot: 300 contracts
All months combined: n/a
See CME Rule: 10202.E
Ticker Symbol CME Globex (Electronic Platform) GF
62=Clearing
Open Outcry (Trading Floor) FC
Rulebook Chapter 102
Exchange Rule These contracts are listed with, and subject to, the rules and regulations of CME.