On this page
Contract specifications
- Contract symbol
- LEM8
- Product
- Live Cattle (LE)
- Exchange
- CME
- Delivery month
- June 2028 (code M)
- Last trading day
- June 30, 2028
- Default rolls on
- June 26, 2028 (4 days before)
- Tick size
- 0.025
- Tick value
- $10.00
- Point value
- $400.00
- Next delivery
- LEQ8 (August 31, 2028)
When LEM8 stops trading
Trading terminates on the last business day of the contract month. For LEM8 that falls on June 30, 2028.
Senzoukria stops offering LEM8 as the default contract on June 26, 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 LEM8 the next listed delivery is LEQ8, whose last trading day is August 31, 2028. That is the contract the volume moves into, just as it moved out of LEJ8 on April 24, 2028.
What one tick is worth on LEM8
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 LEM8 position and the rows of its footprint come from the same numbers.
Every LE delivery listed in 2028
LE lists 6 delivery months a year (G, J, M, Q, V, Z). LEM8 is number 3 of 6 in 2028.
| Contract | Delivery | Last trading day | Default rolls on |
|---|---|---|---|
| LEG8 | Feb 2028 | Feb 29, 2028 | Feb 25, 2028 |
| LEJ8 | Apr 2028 | Apr 28, 2028 | Apr 24, 2028 |
| LEM8 (this page) | Jun 2028 | Jun 30, 2028 | Jun 26, 2028 |
| LEQ8 | Aug 2028 | Aug 31, 2028 | Aug 27, 2028 |
| LEV8 | Oct 2028 | Oct 31, 2028 | Oct 27, 2028 |
| LEZ8 | Dec 2028 | Dec 29, 2028 | Dec 25, 2028 |
Related pages
- LE — Live Cattle
- Contract roll
- Futures month codes
- Tick value
- Front month contract
- Back month contract
- Roll yield
- LEQ8
- LEJ8
- LE 2028
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Frequently asked questions
- When does LEM8 expire?
- The last trading day of LEM8 is June 30, 2028. Trading terminates on the last business day of the contract month.
- When should I roll out of LEM8?
- The app switches its default to the next listed month on June 26, 2028, which is LEQ8. 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 LEM8 worth?
- One tick of 0.025 is $10.00 per contract, and a full point is $400.00, on a multiplier of 400.