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Lean Hogs

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Hogs - or pigs - are the often underestimated and humble livestock that have likely been domesticated for thousands of years. A global source of meat believed to be descended from the wild boars of Eurasia; pigs are unique in that they are likely livestock for settled farming communities rather than nomadic peoples since they are not easily herded for long distances. Pig, swine, shoat, piglet, boar, hog, stag, gilt, sow, or barrow; no matter how you describe them, these animals are an integral part of food and economics for many countries across the globe.

Contract Size: 40,000 lbs.

Price Quote & Tick Size: minimum fluctuation is $.00025 per pound ($10 per contract).

Contract Months: February, April, May, June, July, August, October, December.

Trading Specs: Trades electronically on the InterContinental Exchange 2:30 am - 2:45 pm ET. Options floor trading hours are 0800 to 1300 ET.

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