CME: GF Feeder Cattle Futures prices Long-term forecast and price chart
■ Contract Unit: 50,000 pounds (˜23 metric tons) ■ Price Quotation: Cents per pound ■ Settlement Method: Financially Settled ■ Seasonally cattle price moves higher from November to January. Prices tend to move lower from February to May ■ When cattle reaches about 600 to 800 pounds, they are transfered to feedlots and they will be considered feeder cattle at this point. They remain on the feedlots for about another five months where they will put on about another 500 pounds.