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CME: Government Shutdown Hits Cattle Market Information

03 October 2013

US - Steve Meyer and Len Steiner provide more information on the impact of the government shutdown on livestock and meat information systems and markets.

CME Group announced this afternoon that both live and carcass grading will be available for all live cattle deliveries against the October Live Cattle contract.

Until further notice, the most recently issued reports from USDA will be used for adjustment factors in computing final invoice amounts for all live and carcass deliveries against Live Cattle contracts. The first notice day for delivery of October Live Cattle is Monday, 7 October.

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