Send us Feedback

Lean Hogs Futures

QUOTE AND NEWS
[$] Hog Prices Hit 3-Month High
Wall Street Journal  Oct 30  Comment 
China's pledge to lift a ban on U.S. pork drove prices of lean hogs to a three-month high on expectations of increased exports to the world's largest pork consumer.
Swine Flu and Lean Hogs
Trade the Picture  Apr 30  Comment 
North American pork hit with bans on flu scare via Reuters Below is the weekly chart of Lean Hogs. You need not listen to government statements and denials. The market price of Lean Hogs will tell the story. The swine flu is having...
[$] Flu Fears Sink Lean Hog Futures
Wall Street Journal  Apr 27  Comment 
The swine flu is sending a chill through the farm sector, sinking prices of hogs, corn and soybeans.
Lean Hog Prices Poised to Climb in 2009
Blogging the Commodity Bull Market  Dec 22  Comment 
Bloomberg reports that "In the worst year for commodities in at least five decades, hogs rose 6.6 percent, the second-biggest gains on the Reuters/Jefferies CRB Commodity Index, behind cocoa." The article quotes fund manager Mark Greenwood:...
When Pigs Fly
Hard Assets Investor  Jan 18  Comment 
Objects were reported soaring just outside Chicago's Loop yesterday during market hours. Denizens of the riverside area around Madison and Wacker were astounded to see something that hasn't been a high flyer for months: hogs. Yes,...
Is There Pork In Your Future(s)?
Hard Assets Investor  Dec 11  Comment 
The Other White Meat offered a little of the green stuff to futures traders yesterday.   The CME February lean hogs contract finished at 63.35 cents per pound, 1.65 cents or 2.7% higher. Prices got a boost from the spread...



Thank you for your suggestion
RELATED WIKI ARTICLES

Related Articles

more ▼WIKI ANALYSIS
 This article describes a futures contract with a discrete termination or delivery date. View articles referencing this futures contract.
 
TOP CONTRIBUTORS
Sr. Director
Charles Armstrong
Asset Prime

This article refers to the specific commodity. For pork prices in general, see Pork Prices.

Lean Hogs refers to pork (hog) contracts from which the majority of pork meat consumed in the United States comes. (In contrast to pork bellies, from which bacon is made.)

Lean Hogs futures are traded on the Chicago Mercantile Exchange under ticker symbol LH in cents per pound. For electronic trading sessions, the symbol HE is used.[1]

The chart at left shows Front Month Lean Hogs Futures prices on the Chicago Mercantile Exchange (CME) in cents per pound.

Delivery Dates

Lean Hogs futures are delivered every year in February, April, May, June, July, August, October, & December.[1]

The following is a table with Lean Hogs futures delivery dates and resultant tickers for 2009. For an explanation on commodity tickers see commodity ticker construction.

Delivery Month Full Ticker Symbol Thomson-Reuters Symbol
February, 2009LHG9LH/G9-CM
April, 2009LHJ9LH/J9-CM
May, 2009LHK9LH/K9-CM
June, 2009LHM9LH/M9-CM
July, 2009LHN9LH/N9-CM
August, 2009LHQ9LH/Q9-CM
October, 2009LHV9LH/V9-CM
December, 2009LHZ9LH/Z9-CM

Contract Specifications

Contract Size

One Lean Hogs futures contract on the Chicago Mercantile Exchange is 40,000 pounds.[1]

Daily Price Limit

$.03 per pound above or below previous day's settlement price; none for expiring contract in last 2 trading days.[1]

Trading Hours

  • On the CME Globex electronic platform: Monday 9:05 AM through Friday 1:55 PM with daily trading halts from 4:00 PM - 5:00 PM, US Central Time.[1]
  • Open Outcry (pit session): Monday through Friday, 9:05 AM to 1:00 PM.[1]

Contents

Last Trading Day

Trading of Lean Hogs futures contracts on the Chicago Mercantile Exchange ends on the 10th business day of the contract month, 12:00 p.m.[1]

Deliverable Grades

Deliverable Lean Hogs grades for futures contracts on the Chicago Mercantile Exchange are: Hog (barrow and gilt) carcasses.[1]

Retrieved from "http://www.wikinvest.com/futures/Lean_Hogs_Futures"
Wikinvest © 2006, 2007, 2008, 2009, 2010. Use of this site is subject to express Terms of Service, Privacy Policy, and Disclaimer. By continuing past this page, you agree to abide by these terms. Any information provided by Wikinvest, including but not limited to company data, competitors, business analysis, market share, sales revenues and other operating metrics, earnings call analysis, conference call transcripts, industry information, or price targets should not be construed as research, trading tips or recommendations, or investment advice and is provided with no warrants as to its accuracy. Stock market data, including US and International equity symbols, stock quotes, share prices, earnings ratios, and other fundamental data is provided by data partners. Stock market quotes delayed at least 15 minutes for NASDAQ, 20 mins for NYSE and AMEX. Market data by Xignite. See data providers for more details. Company names, products, services and branding cited herein may be trademarks or registered trademarks of their respective owners. The use of trademarks or service marks of another is not a representation that the other is affiliated with, sponsors, is sponsored by, endorses, or is endorsed by Wikinvest.
Powered by MediaWiki