Live cattle are one of the first domesticated animals (ca. 8,500 years ago). Primary uses: meat, milk pulling power (eg. carts, plows), leather, fuel. There are 1.3 billion cattle in the world today (30% in Asia, 20% in South America, 15% in Africa, 14% in North and Central America and 10% in Europe). In 2009, cattle became the first livestock animal for which genome was mapped.
|CONTRACT SIZE||40,000 lbs.|
|EXCHANGE||Chicago Mercantile Exchange (CME)|
|PRICE QUOTE||USD price of 1 lbs.|
|TICKER SYMBOL||LC, GLOBEX: LE|