Lean Hog Futures

What are lean hog futures?

 

Lean hog futures are one of the most widely traded livestock futures contracts in the U.S. Lean hog futures contracts represent the delivery of hogs that are ready to be sold for use in multiple industries.

How to trade lean hog futures

Lean hog futures can be traded on the thinkorswim® trading platforms.

Lean hog futures contract specifications

Considering trading lean hog futures? Here are the lean hog futures contract specifications.

Exchange, Symbol Chicago Mercantile Exchange, Lean Hog Future Contract, /HE
Multiplier
400
Minimum Tick Size and Value 0.025 = $10.00
Settlement
Cash
Trading Hours 9:30 am – 2:05 pm ET, Monday - Friday

At Schwab, you also get access to advanced trading platforms and education, where you can take advantage of market research, real-time lean hog futures quotes, and other specialized tools. 

Lean Hog FAQ

Traders can use lean hog futures contracts to speculate on the price of pork products, which can change based on a number of different factors like greater demand for protein in consumer diets, livestock feed production due to weather events, changes in government policy, and more. Options on lean hog futures are also available to trade.

It is important to understand the benefits and risks involved with lean hog futures before placing a futures trade. With lean hog futures you can trade outside of the traditional market hours associated with equities and take advantage of potential trading opportunities regardless of market direction. Lean hog futures also provide the ability to trade with greater leverage and can allow a more efficient use of trading capital. However, trading leveraged products like lean hog futures is not suitable for all investors. It involves risks that greater losses can occur with smaller market movements, and more than your initial investment can be lost.

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