Cattle have roamed the earth for thousands of years, and "modern" cattle raising can be traced back at least 8, years ago in Europe and the Middle East. Found all over the world, cattle are used for milk, leather, meat and labor, and have been revered throughout history in art, the zodiac and in various religions.

Originally imported into the U. With the ultimate goal of finding cattle that matured faster, produced more milk and provided a better quality of leather, the majority of cattle in the U.

Live Cattle (Globex) Futures Prices / Live Cattle (Globex) Quotes : CME

In , the Chicago Mercantile Exchange CME introduced the first futures contract on a live animal, thereby allowing meat buyers and suppliers to diminish their exposure to the seasonal risk that live cattle trading creates.

Find out how to trade these hog-wild commodities, in Learn To Corral The Meat Markets. A sample commodity futures contract for live cattle is shown in the following table. Dictionary Term Of The Day. A statistical technique used to measure and quantify the level of financial risk Latest Videos PeerStreet Offers New Way to Bet on Housing New to Buying Bitcoin? This Mistake Could Cost You Guides Stock Basics Economics Basics Options Basics Exam Prep Series 7 Exam CFA Level 1 Series 65 Exam.

Sophisticated content for financial advisors around investment strategies, industry trends, and advisor education. Live Cattle By Noble DraKoln Share. By Noble Drakoln Cattle have roamed the earth for thousands of years, and "modern" cattle raising can be traced back at least 8, years ago in Europe and the Middle East.

Live Cattle Futures Trading Basics | The Options & Futures Guide

Live Cattle Contract Specifications Ticker Symbol Open Outcry: Understanding Live Cattle Contracts Like every commodity , live cattle has its own ticker symbol, contract value and margin requirements. To successfully trade a commodity, you must be aware of these key components and understand how to use them to calculate your potential profits and loss.

For instance, if you buy or sell a live cattle futures contract, you will see a ticker tape handle that looks like this: Depending on the quoted price, the value of a commodities contract is based on the current price of the market multiplied by the actual value of the contract itself.

Calculating a Change in Price Because commodity contracts are customized, every price movement has its own distinct value. Facts About Production Calves require a nine-month gestation period, and typically weigh between 55 and pounds at birth.

Hillary Clinton cattle futures controversy - Wikipedia

They can grow to as much as 1, pounds, with a natural lifespan of approximately 15 years. The world has about 1. India has million head of cattle, Brazil and China share a combined million head of cattle, Africa has about million head of cattle and the U. Of these five nations, the U.

Commodities: Live Cattle

Take a look at a study that discovered that three out of every four options expired worthless - Do Option Sellers Have a Trading Edge? Factors That Influence Live Cattle Prices The price of live cattle is influenced by the following factors: Rearing cattle is harmful to the environment.

The primary pollutant is methane, which is largely produced by the digestive systems of cattle and considered to be worse than carbon dioxide because its warming effect is at least 23 times greater. Bovine spongiform encephalopathy BSE , also known as mad cow disease, periodically impacts the live cattle industry. Outbreaks have led countries to ban imports and exports from various countries around the world, and have resulted in the mass destruction of thousands of livestock in order to reduce potential disease spreading.

A discovery of BSE in cattle from Texas directly led Japan , the largest importer of U. Eventually Japan eased the ban, but placed heavy restrictions on imports. The imported beef is primarily used as ground beef. This leaves the import industry sensitive to any changes in dietary habits that involve reducing or eliminating products that contain ground beef.

Conclusion The cattle industry has yet to be fully tapped. The fact that the U. China has yet to tap its resources.

Brazil , along with its neighboring countries, was able to expand its beef industry when Japan banned U. Needless to say, the cattle industry has not yet reached its full potential. The cattle crush makes it possible to utilize hedging opportunities as a risk management technique. After a lull in early August, beef prices are set to rise again. Even non-professional traders can participate in the commodities markets. Exchange-traded funds ETFs that invest in commodities offer a convenient, low cost way to access the commodities markets.

Learn about the major lines of businesses involved in the agriculture industry and why this industry as a whole may be the most important in the world. Find out if stocks can pay dividends monthly, and learn about the types of companies most likely to do so and how monthly If a company has been delisted, it is no longer trading on a major exchange, but the owners of the company shares are not The IRS says that you can roll a b plan into a k plan if you now work for an employer that offers a k plan.

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