About CME Live Cattle Futures

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.