New Daily Cattle Trading Limits

The CME live cattle and feeder cattle contracts opened this Monday with new daily and expanded limits. The live cattle futures complex previously had a daily limit of $6.75, now its new daily limit is  $7.50, and the new expanded limit is $11.25. The feeder cattle futures previously had a daily limit of $8.25, now its new daily limit is $9.25, and its new expanded limit is $13.75.

What impacts will this have on day trading? 

Watch video for complete story: