CME livestock futures
E16999
CME livestock futures are standardized exchange-traded contracts on the Chicago Mercantile Exchange that allow participants to hedge or speculate on the future prices of livestock such as cattle and hogs.
All labels observed (1)
| Label | Occurrences |
|---|---|
| CME livestock futures canonical | 1 |
Statements (48)
| Predicate | Object |
|---|---|
| instanceOf |
derivative instrument
ⓘ
exchange-traded derivative ⓘ futures contract ⓘ |
| clearedBy |
CME Group
ⓘ
surface form:
CME Clearing
|
| contractMonths | multiple delivery months throughout the year ⓘ |
| currency |
US dollar
ⓘ
surface form:
USD
|
| denominatedIn | U.S. dollars ⓘ |
| hasContractType |
feeder cattle futures
ⓘ
lean hog futures ⓘ live cattle futures ⓘ |
| hasContractUnit |
40,000 pounds of live cattle (for live cattle futures)
ⓘ
50,000 pounds of lean hogs (for lean hog futures) ⓘ |
| hasDailyPriceLimit | yes, as specified by CME rules ⓘ |
| hasMarginRequirement | yes ⓘ |
| hasPriceLimitMechanism | circuit breakers and daily limits as defined by CME ⓘ |
| hasTickSize | minimum price fluctuation defined by CME contract specifications ⓘ |
| hasUnderlyingAsset |
cattle
ⓘ
hogs ⓘ |
| hasUnderlyingAssetClass | livestock ⓘ |
| listedIn |
CME Group
ⓘ
surface form:
CME agricultural products complex
|
| marketParticipantsInclude |
hedgers
ⓘ
institutional investors ⓘ meat packers ⓘ producers ⓘ speculators ⓘ |
| priceInfluencedBy |
disease outbreaks
ⓘ
export demand ⓘ feed costs ⓘ government policy ⓘ meat demand ⓘ weather conditions ⓘ |
| quotedAs | price per hundredweight ⓘ |
| region |
United States of America
ⓘ
surface form:
United States
|
| regulatedBy | U.S. Commodity Futures Trading Commission ⓘ |
| riskManagedBy |
initial margin
ⓘ
variation margin ⓘ |
| settlementType |
cash settlement
ⓘ
physical delivery ⓘ |
| standardizedBy | CME Group ⓘ |
| subjectTo |
CFTC regulations
ⓘ
CME ⓘ
surface form:
CME rulebook
|
| tradedOn | Chicago Mercantile Exchange ⓘ |
| tradedVia |
CME Group
ⓘ
surface form:
CME Globex electronic trading platform
|
| usedFor |
hedging price risk
ⓘ
speculation ⓘ |
| usedIn |
hedging livestock inventory
ⓘ
hedging meat processing margins ⓘ price discovery for livestock markets ⓘ |
Referenced by (1)
Full triples — surface form annotated when it differs from this entity's canonical label.