Clearing House Advisory Notices
To | Clearing Member Firms, Delivery Personnel
From | Clearing House Department
Subject | Live Cattle Freight Rate Increase
Notice Date | 2007-01-17
Notice Number | 07-16
Effective Date | 2007-01-17
The Standard Freight Rate for live cattle has increased from $3.00 a mile to $3.25, beginning with the February 2007 live cattle contract. The standard freight rate is used in carcass graded deliveries of Live Cattle to compensate the seller when the buyer requests delivery at a packing plant that is father from the feedyard than the delivery point stockyards. In accordance with Live Cattle Rule 10103.C.8, this rate is set annually by the exchange. If there are any questions, please contract the Deliveries Unit at (312) 930-3172. Printer Friendly Version. . .