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Pork Cutout Futures Contract Specs

Contract Unit 40,000 pounds
Price Quotation U.S. cents per pound
Trading Hours CME Globex: Monday - Friday: 8:30 a.m. - 1:05 p.m. CT
CME ClearPort: Sunday 5:00 p.m. - Friday 5:45 p.m. CT with no reporting Monday - Thursday from 5:45 p.m. – 6:00 p.m. CT
Minimum Price Fluctuation 0.00025 per pound = $10.00
Product Code CME Globex: PRK
CME ClearPort: PRK
Clearing: PRK
Listed Contracts 2 Feb monthly contracts listed the business day after the termination of trading in the Aug contract month
2 Apr monthly contracts listed the business day after the termination of trading in the Oct contract month
2 May monthly contracts listed the business day after the termination of trading in the Dec contract month
2 Jun monthly contracts listed the business day after the termination of trading in the Dec contract month
2 Jul monthly contracts listed the business day after the termination of trading in the Feb contract month
2 Aug monthly contracts listed the business day after the termination of trading in the Apr contract month
2 Oct monthly contracts listed the business day after the termination of trading in the May contract month
2 Dec monthly contracts listed the business day after the termination of trading in the Jun contract month
Settlement Method Financially Settled
Termination Of Trading Trading terminates on the 10th business day of the contract month, 12:00 p.m. CT
Settlement Procedures Pork Cutout Settlement Procedures
Position Limits CME Position Limits
Exchange Rulebook CME 156
Block Minimum Block Minimum Thresholds
Price Limit Or Circuit Price Limits
Vendor Codes Quote Vendor Symbols Listing