Pork Belly Futures and Pork Belly Options
Market
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Free Pork Belly Futures E Guide
Dear clients and students of the commodity markets, the
following information should answer all of your questions about Pork
Belly Futures and Options. You may also call 800-915-4716 or email
tkfutures@earthlink.net your pork belly
future and pork belly options questions to be answered by a seasoned professional.
Chicago Mercantile Exchange (CME) began trading
Frozen Pork Belly futures in 1961 - the first
futures contract based on frozen, stored meats.
Trading in Frozen Pork Bellies futures contracts were
developed as a risk management device to meet the
needs of meat packers who processed pork and had to
contend with volatile hog prices as well as price
risks on processed products held in inventory.
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learn about other commodity markets.
Thus, the pork belly futures contract was designed to help
processors and warehouse operators manage these
price risks. Hence, the Frozen Pork Bellies futures
contracts perform the same two primary functions
common to many futures contracts. Those functions
include guiding
inventories and establishing forward pricing. The CME's
pork belly future contract has enjoyed
continued growth in volume and liquidity over the
years to become one of the premiere meat futures
contracts traded today.
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future and pork belly option data or click here now open an account to open your pork belly
futures or pork belly options account today.
Pork Belly Futures and Pork Belly Options
Contract Specifications
Trading Unit
Frozen Pork Belly Futures: 40,000 pounds of frozen
pork bellies cut and trimmed
Frozen Pork Bellies Options: One Frozen Pork Belly
Futures Contract
Fresh Belly Options: One Fresh Pork Belly Futures
Contract
Pork Cutout Futures: 40,000 lbs times Pork Cutout
Index
Pork Cutout Options: One Pork Cutout Futures
Contract
Trading Hours
Frozen Pork Belly Futures: 9:10 a.m. to 1:00 p.m.
LTD (12:00pm)
Frozen Pork Belly Options: 9:10a.m. To 1:02 p.m. LTD
(1:00pm)
Fresh Belly Options: Monday/Friday 7:00 a.m. - 1:02
p.m.
Pork Cutout Futures: Monday/Friday 7:00 a.m. - 1:10
p.m.
Pork Cutout Options: Monday/Friday 7:00 a.m. - 1:12
p.m.
Trading Months
Frozen Pork Belly futures trade Feb., Mar., May, July, August.
Point Description
Frozen Pork Belly Futures and Options: 1 point =
$.0001 per pound = $4.00
Fresh Belly Options: 1 point = $.0001 per hundred
weight = $4.00
Pork Cutout Futures: 1 point = $0.01 index points =
$4.00
Pork Cutout Options: 1 point = $.0001 per index
points = $4.00
Contract Listings
Frozen Pork Belly Futures: Five months of February,
March, May, July, and August.
Frozen Pork Belly Options: Eight months of February,
March, May, July, and August, and Flex Options.
Fresh Belly Options: Two month of January, March,
May, July, August, September, November and Flex
Options.
Pork Cutout Futures: Four months in a monthly cycle
Pork Cutout Options: Two months on a monthly cycle
Limits
Frozen Pork Belly Futures: $0.03/lb, 300 points,
Expandable price limits see Rule 8302
Pork Cutout Futures: $0.02/lb See Rule 9702.D
Pork Cutout Options: $0.02/lb
Minimum Price Fluctuation
Frozen Pork Belly Futures: 0.00025 = $10.00 Frozen
Pork Belly Options: 0.00025 = $10.00 Regular,
0.000125 = $5.00 Cab Fresh Belly Options: 0.00025 =
$10.00 Regular, 0.000125 = $5.00 Cab
Trading Symbol
PB
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To see other meat futures visit
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live cattle futures
and feeder cattle
futures.
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