LE tick value & contract specs
Live Cattle (LE) futures trade on CME. The price moves in ticks of 0.025, each tick is worth $10 per contract, and a full one-point move is worth $400 per contract.
LE contract specifications
| Symbol | LE |
|---|---|
| Contract | Live Cattle |
| Exchange | CME |
| Tick size | 0.025 |
| Tick value (per contract) | $10 |
| Point value (per contract) | $400 |
| Ticks per point | 40 |
| Contract size | 40,000 lbs |
| Electronic hours (ET) | Mon–Fri 9:30am – 2:05pm |
LE is quoted in cents per unit, so the tick size is in cents and one point is one cent.
Hours shift around US holidays and early closes. Check CME Group's trading-hours page before relying on them for a specific date.
LE ticks to dollars
10 ticks × 1 contract = $100
LE tick value table
Dollar value of a move in LE before commissions, at $10 per tick per contract.
| Ticks | 1 contract | 2 contracts | 5 contracts | 10 contracts |
|---|---|---|---|---|
| 1 | $10 | $20 | $50 | $100 |
| 4 | $40 | $80 | $200 | $400 |
| 10 | $100 | $200 | $500 | $1,000 |
| 20 | $200 | $400 | $1,000 | $2,000 |
| 40 | $400 | $800 | $2,000 | $4,000 |
Worked example
You buy 2 LE contracts and the price rises 10 ticks. Profit before fees = 10 ticks × $10 × 2 contracts = $200. The same move against you is a loss of the same amount.
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Start free trial →Frequently asked questions
$10 per contract. LE moves in increments of 0.025, and each increment changes the value of one contract by $10.
$400 per contract. One point is 40 ticks of 0.025.
No. They are gross values from price movement alone. Your net result is lower by your broker's or prop firm's per-side fees; the fee guide lists current rates.
More contracts: Livestock
Futures P&L calculator with LE selectedFutures Position Size Calculator (Free, No Signup) — FillbookFutures Trading Journal: Auto-Sync & Real Tick P&L — FillbookAll futures tick values
These are the tick and point values Fillbook uses to calculate P&L on every logged LE trade. Confirm specifications with the exchange before trading. CME contract specifications