What is the Chicago Board of trade?

The Chicago Board of Trade originated in the mid-19th century in order to help farmers and commodity consumers manage risks by removing price uncertainty from agricultural products such as wheat and corn. Later, futures contracts on products such as cattle and other livestock were added.

What commodities does the Chicago Board of trade trade?

The Chicago Board of Trade originally traded only agricultural commodities such as wheat, corn, and soybeans. Now it offers options and futures contracts on a wide range of products including gold, silver, U.S. Treasury bonds, and energy. The Chicago Board of Trade (CBOT) is a commodity exchange established in 1848.

What are live cattle futures?

Live cattle futures are the most widely traded livestock futures contract in the U.S. Live cattle futures contracts represent the delivery of full-grown cattle that are ready to be sold to meat processors. Live cattle futures can be traded nearly 24 hours a day on the thinkorswim ® trading platforms. Considering trading live cattle futures?