Lean Hogs

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Lean Hogs Specifications

Exchange: CME Group

Contract  Size: 40,000 pounds

Pricing Unit: Cents per pound

Tick Size (minimum fluctuation): $.00025 per pound ($10 per contract)

Contract Months (Symbols): Feb, Apr, May, Jun, Jul, Aug, Oct, Dec

Trading Hours (CME GLOBEX, electronic): MON 9:05 a.m. – FRI 1:55 p.m. Central Time
Daily trading halts 4:00 p.m. – 5:00 p.m. Central Time

 Trading Hours (Trading Floor): MON-FRI: 9:05 a.m. -1:00 p.m. Central Time

Daily Price Limit: $.03 per pound above or below previous day’s settlement price; none for expiring contract in last 2 trading days.

Settlement Procedure: Cash Settlement

Last Trade Date: 10th business day of the contract month, 12:00 p.m.