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Contract specifications
- Contract symbol
- GFK7
- Product
- Feeder Cattle (GF)
- Exchange
- CME
- Delivery month
- May 2027 (code K)
- Last trading day
- May 27, 2027
- Default rolls on
- May 23, 2027 (4 days before)
- Tick size
- 0.025
- Tick value
- $12.50
- Point value
- $500.00
- Next delivery
- GFQ7 (August 26, 2027)
When GFK7 stops trading
Trading terminates on the last Thursday of the contract month. For GFK7 that falls on May 27, 2027.
Senzoukria stops offering GFK7 as the default contract on May 23, 2027, 4 calendar days before that last trading day, and keeps it selectable with a badge. The date is computed from the exchange rule rather than stored. The engine counts Monday to Friday and holds no CME holiday table, so a date that falls next to a public holiday can be one day off the exchange calendar. Check the exchange calendar when the date sits close to a holiday.
When the volume actually leaves
Livestock contracts follow the production calendar, so the listed months are uneven and the gap between two deliveries can be two months. The active month is the one carrying the volume.
For GFK7 the next listed delivery is GFQ7, whose last trading day is August 26, 2027. That is the contract the volume moves into, just as it moved out of GFJ7 on April 25, 2027.
What one tick is worth on GFK7
The minimum price fluctuation is 0.025, which is $12.50 per contract on a multiplier of 500. A full point is therefore $500.00. On a footprint chart one row is one tick, so the same vertical space holds a different number of rows depending on the product: a tick of 0.025 sets how finely the bid and ask volume of GF can be read.
These are the values the app itself trades on, taken from its contract table rather than retyped, so the P&L shown on a GFK7 position and the rows of its footprint come from the same numbers.
Every GF delivery listed in 2027
GF lists 8 delivery months a year (F, H, J, K, Q, U, V, X). GFK7 is number 4 of 8 in 2027.
| Contract | Delivery | Last trading day | Default rolls on |
|---|---|---|---|
| GFF7 | Jan 2027 | Jan 28, 2027 | Jan 24, 2027 |
| GFH7 | Mar 2027 | Mar 25, 2027 | Mar 21, 2027 |
| GFJ7 | Apr 2027 | Apr 29, 2027 | Apr 25, 2027 |
| GFK7 (this page) | May 2027 | May 27, 2027 | May 23, 2027 |
| GFQ7 | Aug 2027 | Aug 26, 2027 | Aug 22, 2027 |
| GFU7 | Sep 2027 | Sep 30, 2027 | Sep 26, 2027 |
| GFV7 | Oct 2027 | Oct 28, 2027 | Oct 24, 2027 |
| GFX7 | Nov 2027 | Nov 25, 2027 | Nov 21, 2027 |
Related pages
- GF — Feeder Cattle
- Contract roll
- Futures month codes
- Tick value
- Front month contract
- Back month contract
- Roll yield
- GFQ7
- GFJ7
- GF 2027
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Frequently asked questions
- When does GFK7 expire?
- The last trading day of GFK7 is May 27, 2027. Trading terminates on the last Thursday of the contract month.
- When should I roll out of GFK7?
- The app switches its default to the next listed month on May 23, 2027, which is GFQ7. In practice the volume moves before the calendar does, so compare the traded volume and open interest of the two months rather than waiting for the last trading day.
- How much is one tick of GFK7 worth?
- One tick of 0.025 is $12.50 per contract, and a full point is $500.00, on a multiplier of 500.