Posted 7/13/2020 16:10 (#8371552 - in reply to #8371228) Subject: RE: Cme 1.00 dollar move feeder cattle= dollars ????
The Feeder cattle cortarct is 50,000 lbs. If you take delivery at $1 per pound you pay $50,000. If cattle price goes up by a dollar to $2 per pound you'd pay $100,000.