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Contract specifications
- Contract symbol
- GFQ8
- Product
- Feeder Cattle (GF)
- Exchange
- CME
- Delivery month
- August 2028 (code Q)
- Last trading day
- August 31, 2028
- Default rolls on
- August 27, 2028 (4 days before)
- Tick size
- 0.025
- Tick value
- $12.50
- Point value
- $500.00
- Next delivery
- GFU8 (September 28, 2028)
When GFQ8 stops trading
Trading terminates on the last Thursday of the contract month. For GFQ8 that falls on August 31, 2028.
Senzoukria stops offering GFQ8 as the default contract on August 27, 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 GFQ8 the next listed delivery is GFU8, whose last trading day is September 28, 2028. That is the contract the volume moves into, just as it moved out of GFK8 on May 21, 2028.
What one tick is worth on GFQ8
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 GFQ8 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). GFQ8 is number 5 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 | May 2028 | May 25, 2028 | May 21, 2028 |
| GFQ8 (this page) | 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
- GFU8
- GFK8
- GF 2028
- LEQ8
In the same section
This page in other languages
Frequently asked questions
- When does GFQ8 expire?
- The last trading day of GFQ8 is August 31, 2028. Trading terminates on the last Thursday of the contract month.
- When should I roll out of GFQ8?
- The app switches its default to the next listed month on August 27, 2028, which is GFU8. 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 GFQ8 worth?
- One tick of 0.025 is $12.50 per contract, and a full point is $500.00, on a multiplier of 500.