Lean Hogs Futures Contract
Lean Hogs futures allow investors the opportunity to profit from or hedge against the price movements of this meat. Hogs give birth to large litters and can grow to a slaughter weight of 250 pounds in a mere six months. A slaughtered hog yields approximately 90 pounds of lean pork. Pork production is fairly dispersed, though the U.S. is the leading producer with most of its production centered in North Carolina, Minnesota and Illinois.
CME Globex: HE
CME Globex: Monday – Friday 8:30 a.m. – 1:05 p.m. Chicago/Central Time (CT).
0.00025 per pound = $10.00
February, April, May, June, July, August, October & December
Price Limit / Circuit
Source: CME Group
The above information was derived from sources believed to be reliable and accurate. It is provided without guarantees and is subject change without notice.
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