Live_Cattle Sentiment Dashboard

Description: Live Cattle futures are one of the primary risk management tools for the beef industry. Launched by the Chicago Mercantile Exchange (CME) in 1964, they allow market participants to lock in prices for live cattle months in advance. The contract size is 40,000 pounds (approximately 18 metric tons) of steers and heifers. Prices are quoted in cents per pound. The contracts trade on the CME Globex electronic platform and are physically delivered at approved stockyards and feedlots across the United States. Live cattle futures are influenced by factors such as feed costs (corn), weather, consumer demand, and government policies. They are part of the broader livestock complex, which also includes feeder cattle and lean hog futures. The market plays a crucial role in price discovery and provides liquidity for the agricultural sector.

Established / Launched: 1964

Founder / Issuer: Chicago Mercantile Exchange (CME Group)

Headquarters: Chicago, Illinois, United States

Sector / Category: Agriculture / Livestock

Official website: https://www.cmegroup.com/markets/agriculture/livestock/live-cattle.html