Manage risk further down the U.S. hog supply chain on the cutout. While CME Lean Hog products reflect prices paid for hogs in the U.S., CME Pork Cutout products reflect prices paid for U.S. wholesale pork. These contracts are conveniently cash-settled to the CME Pork Cutout Index, which tracks USDA pork price reporting.

Latest news

Features and benefits

Hedge wholesale pork

When market conditions and seasonal trends impact the US supply chain, manage your pork price exposure.

Tap into an active market

Pork is the world’s most consumed protein. In 2021, more than 6.4 billion pounds of US pork was exported to other markets.

Source: Pork Checkoff

Add exchange-traded benefits

Trading futures on a regulated exchange gives you greater price transparency with daily trading times plus the safety and security of CME Clearing backing every transaction.

Explore this product in depth


Take self-guided courses on Pork Cutout futures and options products.

If you're new to futures, the courses below can help you quickly understand the Pork Cutout futures and options and start trading.

Contact a Pork Cutout futures and options expert

Connect with a member of our expert Pork Cutout futures and options team to get more information about our products.

CME Group is the world’s leading derivatives marketplace. The company is comprised of four Designated Contract Markets (DCMs). 
Further information on each exchange's rules and product listings can be found by clicking on the links to CME, CBOT, NYMEX and COMEX.

© 2024 CME Group Inc. All rights reserved.