# CME Reduces Price Limits In Cattle Contracts | Industry News | feedlotmagazine.com

> CME Group announced lower daily price limits for live and feeder cattle futures, effective October 25. Live cattle initial limit falls $1.00 to $6.50/cwt and feeder cattle initial limit falls $1.00 to $8.25/cwt.

- Date: 2024-09-20 · published 2024-09-20T12:00:00.000Z
- Category: policy · region US · magnitude low
- Page: https://feedsoft.ai/events/28436-cme-reduces-price-limits-in-cattle-contracts-industry-news-feedlotmagazine-com
- Commodities: [Live Cattle](https://feedsoft.ai/c/LCATTLE.md), [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md)

## Why it matters

Narrower daily limits reduce the speed at which cattle futures can move in a single session, limiting volatility but not changing fundamental price direction.

## Read by commodity

- FCATTLE: neutral
- LCATTLE: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| LCATTLE | 2022-02-16 | [The Price of Beef and the Price of Cattle \| Feedlot Special \| feedlotmagazine.com](https://feedsoft.ai/events/42825-the-price-of-beef-and-the-price-of-cattle-feedlot-special-feedlotmagazine-com.md) | +1.0% | -1.5% |
| LCATTLE | 2017-02-17 | [USCA Comments on Recent Amendments to Live Cattle Futures Contract \| TSLN.com](https://feedsoft.ai/events/72632-usca-comments-on-recent-amendments-to-live-cattle-futures-contract-tsln-com.md) | +2.7% | +3.4% |
| LCATTLE | 2020-06-05 | [Cattle industry divided on negotiated cash cattle bill - Agweek \| #1 source for agriculture news, farming, markets](https://feedsoft.ai/events/52751-cattle-industry-divided-on-negotiated-cash-cattle-bill-agweek-1-source-for.md) | -0.9% | -7.1% |
| LCATTLE | 2021-08-06 | [Price Margins Don’t Add Up in Favor of Producers \| Calf News](https://feedsoft.ai/events/45711-price-margins-don-t-add-up-in-favor-of-producers-calf-news.md) | +1.1% | +3.1% |
| LCATTLE | 2021-05-04 | [Beef Week attracts biosecurity commitment - Industry Queensland](https://feedsoft.ai/events/47035-beef-week-attracts-biosecurity-commitment-industry-queensland.md) | +1.0% | +0.6% |
| FCATTLE | 2018-05-22 | [CME amends feeder cattle futures, options rules - Grainews](https://feedsoft.ai/events/65153-cme-amends-feeder-cattle-futures-options-rules-grainews.md) | +8.3% | +11.7% |
| FCATTLE | 2021-08-06 | [Price Margins Don’t Add Up in Favor of Producers \| Calf News](https://feedsoft.ai/events/45711-price-margins-don-t-add-up-in-favor-of-producers-calf-news.md) | +0.7% | +1.7% |
| FCATTLE | 2021-06-17 | [Explainer: How four big companies control the U.S. beef industry](https://feedsoft.ai/events/46714-explainer-how-four-big-companies-control-the-u-s-beef-industry.md) | -1.3% | -0.2% |

## Sources

- feedlotmagazine.com: https://www.feedlotmagazine.com/news/industry_news/cme-reduces-price-limits-in-cattle-contracts/article_1df8ed34-76dd-11ef-b9b7-1b8cadbdca03.html

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.