On this page
Contract specifications
- Contract symbol
- LEV7
- Product
- Live Cattle (LE)
- Exchange
- CME
- Delivery month
- October 2027 (code V)
- Last trading day
- October 29, 2027
- Default rolls on
- October 25, 2027 (4 days before)
- Tick size
- 0.025
- Tick value
- $10.00
- Point value
- $400.00
- Next delivery
- LEZ7 (December 31, 2027)
When LEV7 stops trading
Trading terminates on the last business day of the contract month. For LEV7 that falls on October 29, 2027.
Senzoukria stops offering LEV7 as the default contract on October 25, 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 LEV7 the next listed delivery is LEZ7, whose last trading day is December 31, 2027. That is the contract the volume moves into, just as it moved out of LEQ7 on August 27, 2027.
What one tick is worth on LEV7
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 LEV7 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). LEV7 is number 5 of 6 in 2027.
| 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 (this page) | Oct 2027 | Oct 29, 2027 | Oct 25, 2027 |
| LEZ7 | Dec 2027 | Dec 31, 2027 | Dec 27, 2027 |
Related pages
- LE — Live Cattle
- Contract roll
- Futures month codes
- Tick value
- Front month contract
- Back month contract
- Roll yield
- LEZ7
- LEQ7
- LE 2027
- GFV7
In the same section
This page in other languages
Frequently asked questions
- When does LEV7 expire?
- The last trading day of LEV7 is October 29, 2027. Trading terminates on the last business day of the contract month.
- When should I roll out of LEV7?
- The app switches its default to the next listed month on October 25, 2027, which is LEZ7. 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 LEV7 worth?
- One tick of 0.025 is $10.00 per contract, and a full point is $400.00, on a multiplier of 400.