What is the price for live cattle today?
Live CattleCommodity
| Name | Price | Date |
|---|---|---|
| Live Cattle | 1.33 | 6/3/22 02:05 PM |
| Lean Hog | 1.10 | 6/3/22 02:05 PM |
| Corn | 7.28 | 6/3/22 02:20 PM |
| Feeder Cattle | 1.74 | 6/3/22 02:05 PM |
How much is a live cattle futures contract?
Live cattle futures contract specifications. $0.025/cwt (0.025 cents per pound), worth $10.00 per contract. Live cattle futures trade electronically on the Globex® trading platform Monday 9:30 a.m. U.S. ET to 2:05 p.m. U.S. ET.
Will cattle prices go up in 2022?
At first glance, 2022 cattle prices are higher than 2021. At $140, slaughter steer prices are 17.5% above 2021 prices, but even with higher prices, farmers and ranchers will travel a rocky road to profitability, paved with inflation and higher input costs in 2022.
How many pounds are in a live cattle contract?
40,000 pounds
The Contracts Each Live Cattle futures contract represents 40,000 pounds with a minimum price fluctuation of $. 00025 per pound, or $10 per tick.
How big is a live cattle contract?
40,000 lbs.
Feeder Cattle consist of calves weighing 600-800 pounds while Live Cattle are cattle fed to the point of harvest weight. A contract size is 40,000 lbs. for Live Cattle or 50,000 lbs. for Feeder Cattle, and they are priced in cents per pound.
What is the best age to sell a bull calf?
The best time for most producers, Larson says, is between 1 to 3 months of age. Convenience is the primary reason for most producers, and this time period is typically when spring calves are given their first round of vaccinations.
Why is feeder cattle more expensive than live cattle?
Feeder cattle typically need to gain more than 500 pounds before they reach slaughter weights, so corn prices have a big impact on feeder cattle prices. Live cattle, on the other hand, are ‘finished’ products that are ready for sale to slaughterhouses.
How much is a feeder cattle contract?
$12.50 per contract
Feeder cattle futures contract specifications 0.025/cwt (0.025 cents per pound), worth $12.50 per contract.