Information on Trading the new JSE  Beef Contract

Livestock Contracts

Livestock Futures are Derivatives Contracts that provide market participants with a tool for hedging against price risk. The livestock contracts are priced and traded in Rands per kilogram. In partnership with Red Meat Abattoirs Association (RMAA) and its members the contracts are cash-settled, referencing two-weeks of transactional data for the specific expiry and easily accessed via JSE commodity derivatives members.

Who is this for?​

Typically, this product is used by those with a vested interest in protecting themselves against adverse price movements in the South African Livestock market. Hedgers may be commercial livestock producers, feedlots, abattoirs and consumers. Producers can employ a short hedge to lock in a selling price and end-users can use a long hedge to secure a purchase price. Speculators hoping to make a profit on short-term movements in the Futures Contract price also make use of this product.​​​

​Features​

  • ​Secure, affordable and flexible.
  • Derivatives contracts enable institutions to fund producers who hedge their price risk.
  • Provides a platform for price discovery and efficient price risk management for the Beef market in South Africa​​.
  • Transparent as trade takes place on an electronic platform.
  • All transactions are guaranteed through the derivatives clearing structure.
  • By nature, derivatives can be risky and should be not be tackled by novice investors. ​​​​​​

How to get it?​​

To access this product, register as a client with an authorised  JSE C​​om​modit​y Derivatives Trading Member, deposit the required initial margin and sell or buy acco​​rding to your needs. ​​​​​


Disclaimer

All data and information provided by the JSE, except as otherwise indicated, is proprietary to the JSE. You may not copy, reproduce, ​​modify, reformat, download, store, distribute, publish or transmit any data and information, except for your personal use. For the avoidance of doubt, you may not develop or create any product that uses, is based on, or is developed in connection with any of the data and information available on this site. You are not permitted (except where you have been given express written permission by the JSE) to use the data and information for commercial gain

 Related Documents

 

 

ABSA AgriTrends, courtesy of ABSA – weekly insights into various market trendsABSA AgriTrends, courtesy of ABSA – weekly insights into various market trendshttps://www.jse.co.za/content/JSEContractSpecificationItems/AgriTrends.pdfpdf
LAMB Audit ProcessLAMB Audit Processhttps://www.jse.co.za/content/JSEContractSpecificationItems/LAMB Audit Process.pdfpdf
LAMB Price Determination ProcedureLAMB Price Determination Procedurehttps://www.jse.co.za/content/JSEContractSpecificationItems/LAMB Price Determination Procedure.pdfpdf
Trading Calendar for Lamb Carcass ContractTrading Calendar for Lamb Carcass Contracthttps://www.jse.co.za/content/JSETradingDatesandCalendarsItems/Trading Calendar for Lamb Carcass Contract.pdfpdf
Lamb Carcass Contract Specification Lamb Carcass Contract Specification https://www.jse.co.za/content/JSEContractSpecificationItems/Lamb Carcass Contract Specification.pdfpdf
BEEF Expiries - Final Settlement PricesBEEF Expiries - Final Settlement Priceshttps://www.jse.co.za/content/JSEPricingItems/BEEFExpiriesFinalSettlementPrices.xlsxxlsx
Trading Calendar for Beef CarcassTrading Calendar for Beef Carcasshttps://www.jse.co.za/content/JSETradingDatesandCalendarsItems/TradingCalendarForBeefCarcass.pdfpdf
JSE BEEF Price ContributorsJSE BEEF Price Contributorshttps://www.jse.co.za/content/JSEPricingItems/BeefPriceContributors.xlsxxlsx
Beef Carcass Contract SpecificationBeef Carcass Contract Specificationhttps://www.jse.co.za/content/JSEContractSpecificationItems/BeefCarcassContractSpecs.pdfpdf
BEEF Audit ProcessBEEF Audit Processhttps://www.jse.co.za/content/JSEContractSpecificationItems/BEEFAuditProcess.pdfpdf

Contact Us
  • General enquiries

    Email: info@jse.co.za

    Tel: +27 11 520 7000
     
  • Commodities enquiries

    Email: Commodities

    Tel: +27 11 520 7039​​