# Opinion: CME Reverses Course on Addressing Cattle Market Volatility | 2018-02-27 | Agri-Pulse | Agri-Pulse Communications, Inc.

> CME Group removed three live cattle delivery points, North Platte and Columbus in Nebraska and Pratt in Kansas, from the Live Cattle futures contract, effective after a February 1 advisory. The writer estimates this cuts weekly deliverable supply by about 10 percent and criticizes the move as contrary to 2017 contract reforms.

- Date: 2018-02-27 · published 2018-02-27T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/66624-opinion-cme-reverses-course-on-addressing-cattle-market-volatility-2018-02-27
- Commodities: [Live Cattle](https://feedsoft.ai/c/LCATTLE.md)

## Why it matters

Lower deliverable capacity on the futures contract can reduce hedging efficiency and may add basis and volatility risk for cattle prices.

## Read by commodity

- LCATTLE: bullish ▲

## Sources

- agri-pulse.com: https://www.agri-pulse.com/articles/10654-opinion-cme-reverses-course-on-addressing-cattle-market-volatility

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