QUOTE AND NEWS
Reuters  Jun 30  Comment 
* Arabica coffee, lean hogs up 55 pct, top half-year gains
Financial Times  May 27  Comment 
US lean hog prices up 37 per cent in the year to date, while the price of CME feeder cattle close to record highs, up 16 per cent in the year to date
Agrimoney.com  May 14  Comment 
Lean hog futures for near-term delivery recover, while more distant lots set contract highs, amid fears for the knock-on effects of disease outbreaks
Reuters  Feb 28  Comment 
(Reuters is considering dropping the daily commodities wrap after March 10 and publishing the report on a discretionary basis. Please send any comments on this move to Josephine Mason at josephine.mason@thomsonreuters.com) By Barani Krishnan NEW...
Agrimoney.com  Sep 25  Comment 
Lean hog futures set contract highs amid concerns that key data will show disease as behind a dip in slaughter rates. Deutsche is upbeat on prices
Agrimoney.com  Dec 27  Comment 
Lean hog prices are set for a fifth year of gains on the trot. Will they manage a sixth? Will farmers return to profit? Top commentators give verdicts
Southeast Farm Press  Nov 28  Comment 
By Jennifer Stewart, Purdue University An increase in lean hog prices and a decrease in feed costs have combined to reduce the drought's effect on the pork industry. read more
Agrimoney.com  Aug 24  Comment 
Lean hog futures recover a touch from contract lows, as a surprise rise in wholesale values encourages investors to take profits on short positions
Agrimoney.com  Jan 9  Comment 
Lean hog prices were surprise gainers in 2011, spurred by strong Asian demand for US pork. Will history repeat itself in 2012? Banks give their views
Agrimoney.com  Aug 3  Comment 
Chicago's spot lean hog futures contract sets a record high. But forward lots falter on ideas that cooler weather may underpin pork supplies




 

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]

Wikinvest © 2006, 2007, 2008, 2009, 2010, 2011, 2012. 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