Senzoukria · Futures contracts

LEQ7 expiry: August 31, 2027

LEQ7 is the August 2027 delivery of Live Cattle on CME. Its last trading day is August 31, 2027, and the app moves its default to the next listed month on August 27, 2027, 4 calendar days earlier. One tick is 0.025, worth $10.00, on a multiplier of 400.

Updated September 2026First published 16 October 2026

On this page
  1. Contract specifications
  2. When LEQ7 stops trading
  3. When the volume actually leaves
  4. What one tick is worth on LEQ7
  5. Every LE delivery listed in 2027
  6. Related pages
  7. In the same section
  8. This page in other languages
  9. Frequently asked questions

Contract specifications

Contract symbol
LEQ7
Product
Live Cattle (LE)
Exchange
CME
Delivery month
August 2027 (code Q)
Last trading day
August 31, 2027
Default rolls on
August 27, 2027 (4 days before)
Tick size
0.025
Tick value
$10.00
Point value
$400.00
Next delivery
LEV7 (October 29, 2027)

When LEQ7 stops trading

Trading terminates on the last business day of the contract month. For LEQ7 that falls on August 31, 2027.

Senzoukria stops offering LEQ7 as the default contract on August 27, 2027, 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 LEQ7 the next listed delivery is LEV7, whose last trading day is October 29, 2027. That is the contract the volume moves into, just as it moved out of LEM7 on June 26, 2027.

What one tick is worth on LEQ7

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 LEQ7 position and the rows of its footprint come from the same numbers.

Every LE delivery listed in 2027

LE lists 6 delivery months a year (G, J, M, Q, V, Z). LEQ7 is number 4 of 6 in 2027.

LE 2027: last trading day and roll date of every listed delivery
ContractDeliveryLast trading dayDefault rolls on
LEG7Feb 2027Feb 26, 2027Feb 22, 2027
LEJ7Apr 2027Apr 30, 2027Apr 26, 2027
LEM7Jun 2027Jun 30, 2027Jun 26, 2027
LEQ7 (this page)Aug 2027Aug 31, 2027Aug 27, 2027
LEV7Oct 2027Oct 29, 2027Oct 25, 2027
LEZ7Dec 2027Dec 31, 2027Dec 27, 2027

In the same section

This page in other languages

Frequently asked questions

When does LEQ7 expire?
The last trading day of LEQ7 is August 31, 2027. Trading terminates on the last business day of the contract month.
When should I roll out of LEQ7?
The app switches its default to the next listed month on August 27, 2027, which is LEV7. 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 LEQ7 worth?
One tick of 0.025 is $10.00 per contract, and a full point is $400.00, on a multiplier of 400.
NEXT

Keep reading