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Live cattle futures contracts are very actively traded on the Chicago Mercantile
Echange (CME). They are the benchmark for world beef prices. Live cattle refers to cattle that has reached between 1000-1200
lbs and it is ready for slaughter. Major traders of this commodity include meat manufacturers, grocery chains, and certain
restaurant chains.
Cattle raised for beef is the single largest segment of American agriculture. The seven major
cattle producing states are Arizona, California, Colorado, Iowa, Kansas, Nebraska, and Texas. Physical buyers of live
cattle usually are meat packers who sell the meat and by-products. Futures contracts on the regulated commodity exchanges
are a way to get positioned to trade live cattle. Futures contracts on the regulated commodity exchanges are a way to
get positioned to trade live cattle.
Whether you are a speculator or a hedger, this section on the live cattle market contains a
wealth of valuable information. You can read about the history of the live cattle market, the fundamentals
that make it move, and the futures and options specifications. You can also view quotes, charts, current margin requirements,
and news that are affecting the live cattle market. However, if you are new to the markets you should consult with
a licensed broker before starting to trade.
2008 Moore Historical Cattle Report
Click on the link above to download a very informative
.pdf brochure entitled "2008 Moore Historical Cattle Report.“ It was published by the Chicago Mercantile Exchange.
This comprehensive report provides historical daily charts, cash and basis charts,and seasonal strategies to help you trade.
Click here to contact a commodities broker with experience trading the live cattle market using
futures and options.
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