The U.S. pork industry is big business — and risky. Any number of factors, including weather and disease, can lead to an increase or decrease of supply and demand for livestock. Lean hog futures and options traded at CME serve commodity producers and users seeking risk management and hedging tools, alongside funds and other traders looking to capitalize on the extraordinary opportunities these markets offer.
Lean Hog futures and options trade virtually 24 hours a day on the CME Globex electronic trading platform. In addition, these contracts also trade on the trading floor during regular trading hours. Lean Hog futures and options are cash-settled contracts.