From Futures Wiki
The word cattle can conjure images of wild prairies and rugged western landscapes, cattle drives, wealthy barons, and cowboys. The beef and cattle industry today is a multi-billion dollar industry, and cattle futures on the CME are not only a means for industry professionals to access hedging opportunities, but also an avenue for speculators to participate in cattle trade - with or without the ten gallon hat.
Contract Size: 40,000 lbs.
Price Quote & Tick Size: Cents per bushel; minimum fluctuation is ΒΌ cent per bushel ($12.50 per contract).
Contract Months: February, April, June, August, October, December.
Trading Specs: Trades electronically on the InterContinental Exchange 2:30 am - 2:45 pm ET. Options floor trading hours are 0800 to 1300 ET.
Daily Price Limit: $.03 per pound above or below previous day's settlement price