Live Cattle Futures (LE) provide traders with exposure to the beef cattle market. These contracts allow for speculation on cattle prices, hedging for producers and meat packers, or agricultural portfolio diversification.
Contract Size: 40,000 pounds
Example: This contract size allows traders to gain exposure to meats with controlled leverage and risk.
These specifications make Live Cattle (LE) Futures suitable for traders seeking exposure to meats markets.
Live Cattle (LE) Futures trade with extended hours, providing flexibility for traders in different time zones.
Platform Symbol: LE
To trade Live Cattle (LE) Futures, you'll need to meet specific margin requirements. Check with your broker for the latest margin rates and details.
Proper position sizing is crucial when trading Live Cattle (LE) Futures. Use our position size calculator to determine the optimal number of contracts based on your risk tolerance and account size.
For Live Cattle (LE) Futures (LE):
If you want to risk $500 with a 10-point stop loss:
Risk per Contract = Stop Loss in Points × Point Value = 10 × 400.00 per cent = $4000
Maximum Contracts = Risk Amount ÷ Risk per Contract = $500 ÷ $4000 = 0 contracts