Product sheet | B3

Cash Settled Live Cattle Futures

  • UnderlyingMale steers with at least 16 net arrobas carcass weight and a maximum age of 42 months.
    Contract size330 net arrobas.
    QuotationBrazilian Reals per net arroba to two decimal places.
    Tick sizeBRL 0.05.
    Round-lot1 contract.
    Last trading dayLast trading day of the expiration date.
    Expiration dateLast trading day of the contract month.
    Contract monthsAll months.
    Settlement on expirationCash settlement.
    • 5%
      Financial institution
    • 13%
      Institutional investor
    • 8%
    • 54%
      Natural person
    • 20%