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.
Statements (48)
| Predicate | Object |
|---|---|
| instanceOf |
derivative instrument
→
exchange-traded derivative → futures contract → |
| clearedBy |
CME Clearing
→
|
| contractMonths |
multiple delivery months throughout the year
→
|
| currency |
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 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
→
|
| regulatedBy |
U.S. Commodity Futures Trading Commission
→
|
| riskManagedBy |
initial margin
→
variation margin → |
| settlementType |
cash settlement
→
physical delivery → |
| standardizedBy |
CME Group
→
|
| subjectTo |
CFTC regulations
→
CME rulebook → |
| tradedOn |
Chicago Mercantile Exchange
→
|
| tradedVia |
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)
| Subject (surface form when different) | Predicate |
|---|---|
|
Chicago Mercantile Exchange
→
|
hasMarketSegment |