CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 70% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Please refer to our Risk Disclosure Statement
Live cattle are raised for the production of beef until they reach a particular weight, usually between 1,200 and 1,400 lbs. When the calves grow and reach this weight limit they are sent to feedlots and are ready to be sent to slaughterhouses. Live cattle futures are traded on the Chicago Mercantile Exchange (CME Globex) under the ticker symbol LE. The contract size comprises 40,000 pounds (18 metric tonnes). The United States, which is the one of the world’s major cattle producing countries exports 2 billion beef pounds annually. Demand and supply factors for beef play the most significant role in forming live cattle prices.
Bank of England (BoE) cut rates for the first time in August 2024, with further easing expected in the coming months. But how low are rates likely to go?
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