Trade Live Cattle Spot

Trading Conditions
Spread1.16
Long position overnight fee
Long position overnight fee

Margin. Your investment
$1,000.00
Overnight fee
Charges from full value of position
-0.01096 %
(-$1.10)

Trade size with leverage ~ $10,000.00

Short position overnight fee ~ $9,000.00


-0.01096%
Short position overnight fee
Short position overnight fee

Margin. Your investment
$1,000.00
Overnight fee
Charges from full value of position
-0.01096 %
(-$1.10)

Trade size with leverage ~ $10,000.00

Short position overnight fee ~ $9,000.00


-0.01096%
Overnight fee time21:00 (UTC)
CurrencyUSD
Min traded quantity1
Margin10
Stock exchange
Commission on trade10%

1Our charge for executing your trade is the spread, the difference between the buy and sell price. Please consult the Charges and Fees section of our website for further information

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.