Feeder Cattle (FC) Futures

$255.10
-3.1500[-1.23%]
as of 2024-02-28
Q

How are feeder cattle futures contracts priced?

A

Feeder cattle is priced based on the “weighted average” of USDA prices in Colorado, Iowa, Kansas, Missouri, Montana, Nebraska, New Mexico, North Dakota, Oklahoma, South Dakota, Texas and Wyoming.

Q

How large is a feeder cattle futures contract?

A

Feeder cattle futures contracts include 50,000 pounds of livestock.

Q

What is excluded from a feeder cattle futures contract?

A

Livestock that are labeled as fancy, thin, fleshy, gaunt or full are not included in feeder cattle futures contracts.

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