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Cattle purchase agreement template

Agreement cattle form 2026

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This document is an Agreement to Sell and Purchase Cattle between a Buyer and a Seller, outlining the terms of sale including the description of cattle, payment details, delivery conditions, inspection rights, warranties, risk of loss, and dispute resolution through arbitration. It establishes the responsibilities of both parties regarding the transaction and includes provisions for breach of contract and modifications.

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Click ‘Get Form’ to open the agreement cattle form in the editor.
Begin by filling in the date of the agreement and the names and addresses of both the Buyer and Seller. Ensure all details are accurate for legal purposes.
In Section 1, specify the dollar amount for the cattle purchase, followed by a detailed description of the cattle including number, brand, breeding, condition, stock, and shrinkage.
Proceed to Section 2 to outline delivery details. Fill in the address for delivery and ensure you specify any alternative delivery methods if necessary.
Complete Sections 3 through 23 by providing information on inspections, warranties, payment terms, risk of loss, and any other relevant clauses as per your agreement.
Finally, review all sections for accuracy before signing. Use our platform’s features to add signatures digitally where required.

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Got questions?

We have answers to the most popular questions from our customers. If you can't find an answer to your question, please contact us.

How many pounds is a cattle contract?

Each CME Group Live Cattle futures contract (LE) represents 40,000 pounds of live steers or heifers and trades with a minimum price fluctuation of $. 00025 per pound, or $10 per tick. However, unlike Feeder Cattle futures, the Live Cattle contract is physically delivered at expiration.

What is the contract size?

What Is Contract Size? The term contract size refers to the deliverable quantity of a stock, commodity, or financial instrument that underlies a futures or options contract. It is a standardized amount that tells traders the exact quantities that are being bought or sold based on the terms of the contract.

How do cattle contracts work?

Futures contracts enable ranchers to lock in a price for their cattle with the promise to transfer ownership at a later date. This type of sale is referred to as a forward contract. The counter position would be to sell (short) a contract now and buy it back later.

How many pounds are in a live cattle contract?

Create New Watchlist Barchart SymbolLE Contract Size 40,000 pounds Months Feb, Apr, Jun, Aug, Oct, Dec (G, J, M, Q, V, Z) Trading Hours 8:30a.m. - 1:05p.m. (Settles 1:00p.m.) CST Value of One Futures Unit $4008 more rows

How big is a cattle contract?

Contract Size: 40,000 pounds of live cattle.

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What is private treaty cattle?

Private treaty sales are sales in which the cattle owner negotiates directly with prospective buyers. Like other forms of cattle marketing, direct sales have their pros and cons.

How do cattle leases work?

Cows in a share agreement are leased on a percentage split depending on inputs contributed by the owner and operator. Each partys share of income is based on the percentage of their contribution to total production costs. Shares can be given as cash payments or actual possession of calves.