Feeder cattle futures are financial instruments used for trading feeder cattle as a commodity. Traders can speculate on the future price of feeder cattle and manage their exposure to price fluctuations. A feeder cattle futures contract represents an agreement to buy or sell a specific quantity of feeder cattle at a predetermined price and date in the future. These contracts are traded on commodity exchanges, such as the Chicago Mercantile Exchange (CME). Feeder cattle futures are utilized by various market participants, including cattle ranchers, feedlot operators, and investors. The price of feeder cattle futures is influenced by factors such as cattle supply and demand dynamics, feed costs, weather conditions, and consumer preferences.
vs Week Ago
vs Last Month
vs Last Quarter
Manages 30 more feeds
Truflation's secure blockchain infrastructure provides unbiased, verifiable data for the growth and sustainability of business decisions.