Clearing=LN; Ticker=LH; GLOBEX=HE
In terms of U.S. cents per pound
40,000 pounds of lean value hog carcasses
Minimum Price Fluctuation (Tick):
Floor: Regular - 0.00025=$10.00
GLOBEX: Regular - 0.00025=$10.00
Floor:$0.02/lb, 200 points, $800 See Rule 15202.D
GLOBEX:$0.02/lb, 200 points, $800 See Rule 15202.D
Contract Month Listings:
Nine months of February, April, May, June, July, August,
October, and December.
Floor: 9:10 a.m. to 1:00 p.m. LTD(12:00 p.m.)^
GLOBEX®: 9:10 a.m. to 1:00 p.m. LTD(12:00 p.m.)^
Last Trading Day:
The tenth business day of the contract month
Final Settlement Rule:
Cash settled based upon the CME Lean Hog Index for the
two day period ending on the day on which trading terminates.
2400 contracts long or short in any contract month;
950 contracts long or short in the expiring contract
month as of the close of business on the fifth business
day of the contract month.
Hog futures trade in Chicago. A hog trader can use
our licensed brokers or trade with one of the online
trading platforms. Other livestock futures markets can
also be traded such as cattle futures and pork bellies.
Our commodity brokers can assist you with any trading