On this page
Contract specifications
- Contract symbol
- LEZ7
- Product
- Live Cattle (LE)
- Exchange
- CME
- Delivery month
- December 2027 (code Z)
- Last trading day
- December 31, 2027
- Default rolls on
- December 27, 2027 (4 days before)
- Tick size
- 0.025
- Tick value
- $10.00
- Point value
- $400.00
- Next delivery
- first 2028 contract
When LEZ7 stops trading
Trading terminates on the last business day of the contract month. For LEZ7 that falls on December 31, 2027.
Senzoukria stops offering LEZ7 as the default contract on December 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.
LEZ7 is the last 2027 delivery listed for LE, so the volume moves into the first 2028 contract.
What one tick is worth on LEZ7
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 LEZ7 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). LEZ7 is number 6 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 | Oct 2027 | Oct 29, 2027 | Oct 25, 2027 |
| LEZ7 (this page) | 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
- LEG8
- LEV7
- LE 2027
In the same section
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Frequently asked questions
- When does LEZ7 expire?
- The last trading day of LEZ7 is December 31, 2027. Trading terminates on the last business day of the contract month.
- When should I roll out of LEZ7?
- The app switches its default to the next listed month on December 27, 2027. 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 LEZ7 worth?
- One tick of 0.025 is $10.00 per contract, and a full point is $400.00, on a multiplier of 400.