Live Cattle Futures Contract Specifications
LE · CME · one contract = 40,000 lbs
Live Cattle futures (LE) trade on CME in 0.025-increment ticks worth $10.00 per contract; a full 1.0-point move is $400.00. One contract covers 40,000 lbs.
Specification table
| Name | Live Cattle |
| Exchange | CME |
| Ticker symbol | LE |
| Contract unit | 40,000 lbs |
| Tick size | 0.025 |
| Tick value | $10.00 |
| Point value | $400.00 |
| CFTC contract code | 057642 |
| COT report families | legacy, disagg |
| Quote convention | quoted in cents/lb |
Worked tick math
A 10-tick move on 1 Live Cattle contract (LE) is $100.00 — tick size 0.025 × tick value $10.00. A 1-point move is 40 ticks = $400.00. Ten contracts moving 5 ticks = $500.00.
Run your own numbers: Live Cattle futures calculator.
Positioning: large speculators are net long 55,014 contracts as of the 2026-07-21 COT report — full Live Cattle COT data.
FAQ
- What is the tick size and value of Live Cattle futures?
- Live Cattle (LE, CME) moves in 0.025 increments worth $10.00 per contract.
- What does one LE contract cover?
- One contract covers 40,000 lbs.
- How much is a full point on LE?
- $400.00 — tick value ÷ tick size.
Related
Live Cattle COT report
Live Cattle calculator
Live Cattle COT history (CSV)
All contract specs
All calculators
Specs verified against exchange sources 2026-07-25; the exchange's own contract page is always authoritative. Not investment advice.