QUOTE AND NEWS
Benzinga  Jun 5  Comment 
August Lean Hogs are trading at 79.87, up 0.25 and October hogs are trading at 70.15, up 0.10. Chatter about heavier weights continues to make the rounds. Cash markets are in-line with current July and June hog prices. Market talk about wide...
Benzinga  Jun 4  Comment 
Thursday's USDA Hog slaughter was 421,000 head versus a year ago at 413,000 head. Lean Hogs traded sharply lower on Thursday and ended the session on the lows with some general selling occurring. July Hogs were trading at 80.85, down 1.62....
Benzinga  Jun 4  Comment 
Benzinga  Jun 3  Comment 
Wednesday's USDA Hog slaughter was 418,000 head versus a year ago at 409,000 head. Lean Hogs traded lower and ended the session weak. August hogs were trading at 81.45, down 1.30 and October Hogs were trading at 71.85 , down 1.10. December Hogs...
Benzinga  Jun 3  Comment 
Benzinga  Jun 3  Comment 
Benzinga  Jun 2  Comment 
Tuesday's USDA Hog slaughter was 422,000 head versus a year ago at 407,000 head. Lean Hogs traded lower and choppy on Tuesday. August hogs were trading at 82.62, down 0.75 and October Hogs were trading at 72.92, down 0.60. December Hogs were...
Benzinga  Jun 2  Comment 
August Lean Hogs are trading at 83.35, down 0.02 and October hogs are trading at 73.35, down 0.17. Trading is expected to be choppy. Continued talk that smaller slaughter levels in June has abated a little against a backdrop of record supplies...
Benzinga  Jun 1  Comment 
Monday's USDA Hog slaughter was 420,000 head versus a year ago at 378,000 head. Lean Hogs traded choppy and firm on Monday. August hogs were trading at 83.35, up 0.85 and October Hogs were trading at 73.45 up 0.82. December Hogs were trading at...
Benzinga  Jun 1  Comment 
Benzinga  May 29  Comment 
Friday's USDA Hog slaughter was 422,000 head versus a year ago at 412,000 head. Lean Hogs traded very choppy and weak. August hogs were trading at 82.50, down 1.85 and October Hogs were trading at 72.82 down 1.20. December Hogs were trading at...
Benzinga  May 29  Comment 
August Lean Hogs are trading at 83.75, down 0.10 and October hogs are trading at 74.05, up 0.02. Chatter about some better demand continues to bring in some buyers on dips. Some selling on rallies has been seen as traders are expecting...
Benzinga  May 28  Comment 
August Lean Hogs are trading at 82.90, down 0.25. October hogs are trading at 73.35, down 0. 27. Early gains have eroded during Thursday's choppy trading session. Market talk about record high pork supplies has led to some selling after sharply...
Benzinga  May 28  Comment 
Thursday's USDA Hog slaughter was 413,000 head versus a year ago at 419,000 head. Lean Hogs traded mostly higher after a choppy trading session. August hogs were trading at 83.95, up 0.80 and October Hogs were trading at 74.10 up 0.42. December...




 

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]

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]

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