Feeder Cattle Exchanges
- Details
- Category: Commodity
The futures contract for feeder cattle is traded on the Chicago Mercantile Exchange (CME) and Brazilian Mercantile and Futures Exchange (BM&F)
Information About Manufacturing
Following a gestation interval of nine months, a calf is born weighing in the range of fifty five-100 pounds. After weaning, it is set out to graze for approximately seven to 9 months. When a calf meets the minimum weight requirement of at the least 650 kilos, it's moved to a feedlot. Weighing anyplace from 650 to 850 kilos, feeder calves are then fattened for an extra three-4 months earlier than they are move to a slaughterhouse. The entire course of can take simply two years.
There may be little gender discrimination with regards to feeder cattle. While a disproportionate variety of feeder cattle are steers (castrated bulls), heifers (non-little one bearing cows) and cows are additionally sent to feedlots. Feedlots are available a wide range of sizes, with small ones in a position to handle 100 head of cattle and bigger ones able to handling 50,000.
In the feedlots, feeder cattle are fed a strict eating regimen of corn, sugar beet waste and varied grains. All of these foods encourage the cattle to achieve weight quickly, virtually doubling their weight within three to 4 months. This rapid weight gainforces the our bodies of the cattle to marble with fats, making them more palatable.