[Spot Trading] CME: LE Cattle Futures CFD
Live Cattle Futures (CME: LE)
Contract Unit: 40,000 pounds (~18 metric tons)
Price Quotation: Cents per pound
Settlement Method: Deliverable
Seasonally cattle price moves higher from November to January. Prices tend to move lower from February to May. Cattle from the calf stage to the point when they reach about 600 to 800, which takes about six to ten months.