On this page
Contract specifications
- Contract symbol
- LEM0
- Product
- Live Cattle (LE)
- Exchange
- CME
- Delivery month
- June 2030 (code M)
- Last trading day
- June 28, 2030
- Default rolls on
- June 24, 2030 (4 days before)
- Tick size
- 0.025
- Tick value
- $10.00
- Point value
- $400.00
- Next delivery
- LEQ0 (August 30, 2030)
When LEM0 stops trading
Trading terminates on the last business day of the contract month. For LEM0 that falls on June 28, 2030.
Senzoukria stops offering LEM0 as the default contract on June 24, 2030, 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 LEM0 the next listed delivery is LEQ0, whose last trading day is August 30, 2030. That is the contract the volume moves into, just as it moved out of LEJ0 on April 26, 2030.
What one tick is worth on LEM0
The minimum price fluctuation is 0.025, which is $10.00 per contract on a multiplier of 400. A full point is therefore $400.00. 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 LE 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 LEM0 position and the rows of its footprint come from the same numbers.
Every LE delivery listed in 2030
LE lists 6 delivery months a year (G, J, M, Q, V, Z). LEM0 is number 3 of 6 in 2030.
| Contract | Delivery | Last trading day | Default rolls on |
|---|---|---|---|
| LEG0 | Feb 2030 | Feb 28, 2030 | Feb 24, 2030 |
| LEJ0 | Apr 2030 | Apr 30, 2030 | Apr 26, 2030 |
| LEM0 (this page) | Jun 2030 | Jun 28, 2030 | Jun 24, 2030 |
| LEQ0 | Aug 2030 | Aug 30, 2030 | Aug 26, 2030 |
| LEV0 | Oct 2030 | Oct 31, 2030 | Oct 27, 2030 |
| LEZ0 | Dec 2030 | Dec 31, 2030 | Dec 27, 2030 |
Related pages
- LE — Live Cattle
- Contract roll
- Futures month codes
- Tick value
- Front month contract
- Back month contract
- Roll yield
- LEQ0
- LEJ0
- LE 2030
In the same section
This page in other languages
Frequently asked questions
- When does LEM0 expire?
- The last trading day of LEM0 is June 28, 2030. Trading terminates on the last business day of the contract month.
- When should I roll out of LEM0?
- The app switches its default to the next listed month on June 24, 2030, which is LEQ0. 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 LEM0 worth?
- One tick of 0.025 is $10.00 per contract, and a full point is $400.00, on a multiplier of 400.