CME Group

Asset Class Navigation

View an Agricultural Product:

Feeder Cattle Futures Contract Specs

Contract Unit	50,000 pounds (��23 metric tons)
Price Quotation	Cents per pound
Trading Hours	Monday - Friday: 8:30 a.m. - 1:05 p.m. CT
Minimum Price Fluctuation	$.00025 per pound ($12.50 per contract)
Product Code	CME Globex: GF CME ClearPort: 62 Clearing: 62 TAS: GFT
Listed Contracts	8 months of Jan, Mar, Apr, May, Aug, Sep, Oct, Nov
Settlement Method	Financially Settled
Termination Of Trading	Last Thursday of the contract month with exceptions for November and other months, 12:00 p.m. - See CME Rule 10202.H.
Trade At Marker Or Trade At Settlement Rules	Settlement (TAS)Trading at settlement is available for first 2 listed futures contract months, a calendar spread between the first and second contract month, and are subject to the existing TAS rules. The Last Trade Date for CME Livestock TAS products will be the second to last business day in the month prior to the named contract month. Trading in all CME Livestock TAS products will be 8:30 am -1:00 pm Chicago time Monday - Friday. TAS products will trade a total of four ticks above and below the settlement price in ticks of the corresponding futures contract (0.00025), off of a "Base Price" of 0 to create a differential (plus or minus 4 ticks) versus settlement in the underlying product on a 1 to 1 basis. A trade done at the Base Price of 0 will correspond to a "traditional" TAS trade which will clear exactly at the final settlement price of the day.
Settlement Procedures	Livestock Settlement Procedures
Position Limits	CME Position Limits
Exchange Rulebook	CME 102
Price Limit Or Circuit	Price Limits
Vendor Codes	Quote Vendor Symbols Listing

CME Feeder Cattle Price Index

Quick Links

Trade this Product

Tools

Send Us Feedback

Who We Are

CME Group is the world's leading and most diverse derivatives marketplace. The company is comprised of four Designated Contract Markets (DCMs). Further information on each exchange's rules and product listings can be found by clicking on the links to CME, CBOT, NYMEX and COMEX.