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Contract specifications
- Contract symbol
- GFK8
- Product
- Feeder Cattle (GF)
- Exchange
- CME
- Delivery month
- May 2028 (code K)
- Last trading day
- May 25, 2028
- Default rolls on
- May 21, 2028 (4 days before)
- Tick size
- 0.025
- Tick value
- $12.50
- Point value
- $500.00
- Next delivery
- GFQ8 (August 31, 2028)
When GFK8 stops trading
Trading terminates on the last Thursday of the contract month. For GFK8 that falls on May 25, 2028.
Senzoukria stops offering GFK8 as the default contract on May 21, 2028, 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 GFK8 the next listed delivery is GFQ8, whose last trading day is August 31, 2028. That is the contract the volume moves into, just as it moved out of GFJ8 on April 23, 2028.
What one tick is worth on GFK8
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 GFK8 position and the rows of its footprint come from the same numbers.
Every GF delivery listed in 2028
GF lists 8 delivery months a year (F, H, J, K, Q, U, V, X). GFK8 is number 4 of 8 in 2028.
| Contract | Delivery | Last trading day | Default rolls on |
|---|---|---|---|
| GFF8 | Jan 2028 | Jan 27, 2028 | Jan 23, 2028 |
| GFH8 | Mar 2028 | Mar 30, 2028 | Mar 26, 2028 |
| GFJ8 | Apr 2028 | Apr 27, 2028 | Apr 23, 2028 |
| GFK8 (this page) | May 2028 | May 25, 2028 | May 21, 2028 |
| GFQ8 | Aug 2028 | Aug 31, 2028 | Aug 27, 2028 |
| GFU8 | Sep 2028 | Sep 28, 2028 | Sep 24, 2028 |
| GFV8 | Oct 2028 | Oct 26, 2028 | Oct 22, 2028 |
| GFX8 | Nov 2028 | Nov 30, 2028 | Nov 26, 2028 |
Related pages
- GF — Feeder Cattle
- Contract roll
- Futures month codes
- Tick value
- Front month contract
- Back month contract
- Roll yield
- GFQ8
- GFJ8
- GF 2028
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Frequently asked questions
- When does GFK8 expire?
- The last trading day of GFK8 is May 25, 2028. Trading terminates on the last Thursday of the contract month.
- When should I roll out of GFK8?
- The app switches its default to the next listed month on May 21, 2028, which is GFQ8. 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 GFK8 worth?
- One tick of 0.025 is $12.50 per contract, and a full point is $500.00, on a multiplier of 500.