Feeder Cattle Futures
Posted By: TradersLog
Introduced in 1971 by the Chicago Mercantile Exchange, the Feeder Cattle Futures contract represents 650-849 pound feeder steers to be placed in feedyards for fattening. .
Contract Specifications
Exchange: Chicago Mercantile Exchange (CME)
Trade Unit: 50,000 pounds
Point Descriptions: 1 point = .0001 cents per pound = $5.00
Contract Listing: Jan, Mar, Apr, May, Aug, Sep, Oct and Nov.
Ticker: FC
GLOBEX: GF
Floor Hours:9:05 a.m.-1:00 p.m.
CME Globex Hours: Mon-Thurs 9:05 a.m.- 4:00 p.m. Shutdown period from 4:00 p.m.-5:00 p.m. Re-open 5:00 p.m.-4:00 p.m. Friday Close at 1:30p.m.
Minimum Fluctuation: Regular0.00025/lb=$12.50
See also: Futures Trading Forum, Feeder Cattle Futures Charts
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