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What are feeder cattle futures?

Feeder cattle futures are one of the most widely traded livestock futures contracts in the U.S. Feeder cattle futures contracts represent the delivery of cattle that are ready to be sold for use in industries including agriculture and in the manufacture of consumer goods.

What will feeder cattle future prices be like in 2023?

Feeder cattle future prices are forecasted to climb above $200 by autumn of 2023, according to the CME Group. If realized, it will be the highest prices seen for feeder cattle since September 2015. The reason — cattle herds are shrinking.

Should you trade feeder cattle futures?

Overall, trading feeder cattle futures can be a way to diversify your portfolio, hedge against price fluctuations, take advantage of price trends, and leverage your investment. However, it is important to thoroughly research and understand the market and the risks involved before trading.

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