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Contract History If you are interested in trading Live Cattle futures it is helpful to become familiar with the history
of the Live Cattle market. CME® broke the mold of traditional futures markets in 1964 by introducing a futures
contract on a non-storable commodity – live cattle. Since then, the CME Live Cattle contract has proven to be an important
tool for both cattle producers and packers to effectively manage price risk. The seasonal aspects of
meat production, cyclical aspects of the cattle industry and consumer's desire for meat products make the contract an attractive
contract to trade. The CME® Live Cattle
contract reflects current supply and demand for fed cattle, competing meats and feedgrains, along with long term cyclical
patterns for meat supply and consumer preferences.
CME Livestock Futures and Options
Click on the link above to download a very informative .pdf brochure entitled "CME Livestock Futures and Options.”
It was published by the Chicago Mercantile Exchange. This is a must read guide for any speculator or hedger considering
a trade in the live cattle market using exchange traded live cattle futures and options.
Click here to contact a commodities broker with experience in the live cattle market.
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