Live Cattle Futures Futures
Beef consumption is growing worldwide, especially as the world’s population continues to expand. What that means is that the CME Group’s live cattle futures contract is a way to gain exposure to a unique agriculture commodity. Like grains, prices are heavily influenced by weather for a couple of reasons. One is that terrible weather can drive up the cost of grains used to feed them.
And like other agricultural products, live cattle futures often fall into what is called seasonality, or the summer season in this case, when more beef is consumed and prices tend to rise. This combination of weather and seasonal demand can make for very interesting and volatile markets for traders.
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