Agricultural Economics Department
Date of this Version
10-28-2020
Abstract
The CME Group has announced its plan to launch futures and options contracts on pork cut-out. The new contracts are scheduled to start trading on November 9, 2020. The exchange has al-ready been offering futures and options contracts on lean hogs and now adds another contract that the industry can use for risk management. While the existing futures contract on lean hogs is based on prices paid for hogs in the U.S., the new con-tract on pork cutout is based on prices paid for wholesale cuts of pork.
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