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Contract specifications
- Product
- Live Cattle (LE)
- Exchange
- CME
- Year
- 2027
- Deliveries listed
- 6
- First of the year
- LEG7 (Feb 26, 2027)
- Last of the year
- LEZ7 (Dec 31, 2027)
- Tick size
- 0.025
- Tick value
- $10.00
- Point value
- $400.00
Every LE delivery listed in 2027
LE trades 6 delivery months in 2027 (G, J, M, Q, V, Z). Dates are computed from the exchange rule rather than stored. The engine counts Monday to Friday and holds no CME holiday table, so a date next to a public holiday can be one day off the exchange calendar.
The letter in a contract symbol is its delivery month: G = February, J = April, M = June, Q = August, V = October, Z = December. The digit that follows is the year.
| Contract | Delivery | Last trading day | Default rolls on |
|---|---|---|---|
| LEG7 | Feb 2027 | Feb 26, 2027 | Feb 22, 2027 |
| LEJ7 | Apr 2027 | Apr 30, 2027 | Apr 26, 2027 |
| LEM7 | Jun 2027 | Jun 30, 2027 | Jun 26, 2027 |
| LEQ7 | Aug 2027 | Aug 31, 2027 | Aug 27, 2027 |
| LEV7 | Oct 2027 | Oct 29, 2027 | Oct 25, 2027 |
| LEZ7 | Dec 2027 | Dec 31, 2027 | Dec 27, 2027 |
The rule that sets these dates
Trading terminates on the last business day of the contract month.
When the volume moves between these months
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.
What one tick of LE is worth
The minimum price fluctuation is 0.025, which is $10.00 per contract on a multiplier of 400. A full point is $400.00. These are the values the app itself trades on, so the rows of a LE footprint and the P&L on a LE position come from the same numbers.
Related pages
- LE — Live Cattle
- LEG7
- LEJ7
- LEM7
- Contract roll
- Futures month codes
- Front month contract
- Tick value
- Back month contract
- Roll yield
In the same section
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Frequently asked questions
- When do LE futures expire in 2027?
- LE has 6 listed deliveries in 2027. The first last trading day is February 26, 2027 and the last is December 31, 2027. The table above gives every month in between.
- How many LE contracts are listed in 2027?
- 6, on the delivery month codes G, J, M, Q, V, Z.
- Which LE contract should I be trading?
- The one carrying the volume, which is usually the nearest delivery that has not reached its roll date. Compare the traded volume and open interest of the two nearest months rather than going by the last trading day alone.