What Are Lean Hogs Futures?
Lean Hogs Futures (HE) are futures contracts based on the price of lean hogs, which are young pigs that are raised for pork production. These contracts are widely used by producers, traders, and investors to hedge against price fluctuations or speculate on changes in the lean hog market. The HE contract is influenced by factors such as feed costs, pork demand, and seasonal trends in the livestock industry.
Contract Size
- Contract Size: 40,000 pounds of lean hogs.
Trading Hours
The Lean Hogs Futures contract trades nearly 24 hours a day, five days a week, providing consistent access to the global livestock markets.
- Monday – Friday: 8:30 AM to 1:05 PM CT
- Time Zone: Central Time (CT).
Tick Value and Increment
- Tick Size: $0.0025 per pound.
- Tick Value: $100 per tick.
- Minimum Price Fluctuation: $0.0025 per pound.
This makes Lean Hogs Futures an excellent choice for traders seeking liquidity, leverage, and exposure to the livestock markets.
Trading Symbol
- Platform Symbol: HE
Margins
To trade Lean Hogs Futures, you’ll need to meet specific margin requirements. Check out Ironbeam’s Margins Page for the latest margin rates and details.
Why Trade Lean Hogs Futures?
- Liquidity: High liquidity ensures tight spreads and efficient execution.
- Hedging Opportunities: Widely used by hog farmers and processors to hedge against price fluctuations in the lean hog market.
- Global Influence: Lean hog prices are influenced by factors such as feed costs, consumer demand for pork, and market conditions.
- Diversification: Add exposure to the livestock market to complement equity or agricultural investments.
- Price Discovery: Futures markets offer a key mechanism for determining the fair price of lean hogs.
Start Trading HE with Ironbeam
Ironbeam provides a robust trading platform and API to help you access Lean Hogs Futures with ease. Trade confidently with free real-time Level 2 market data and personal broker support.
DISCLAIMER: There is a substantial risk of loss in trading commodity futures and options products. Losses in excess of your initial investment may occur. Past performance is not necessarily indicative of future results. Please contact your account representative with concerns or questions.