CATTLE FUTURES ??

[wsrutherford]

I just saw that Sept. o6 cattle futures (FCU 06) closed at 119.22!
Said it was a new high, Just wonderin what the high was at the peak of the last last cattle cycle, if it was indexed for inflation?
Thankx
WS

 

[ffamom]

What does the term cattle futures mean?

 

[bigbull338]

the $119.25 is the futures selling price of feeder calves pre cwt.but i dont know what month that price is.

 

[Frankie]

What does the term cattle futures mean?

Here's a link that might help. It has info on the futures market, in general.

http://www.unitedfutures.com/futures101.htm