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Cme 1.00 dollar move feeder cattle= dollars ????
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SWMN Farmer
Posted 7/13/2020 12:41 (#8371262 - in reply to #8371246)
Subject: RE: Cme 1.00 dollar move feeder cattle= dollars ????


Yes live cattle is $400 per $1 on CME. 40,000 lb per contract, $$ are per cwt hence the 400. Feeder cattle 50,000 lb instead, otherwise the same.
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