Pork is an important product for many people's ration. Deals with deliverable futures on Lean Hog are made on the stock exchanges. This futures contract is a cash-settled futures contract the value of which is calculated by weighted average of the prices for Lean Hog of all major US producing regions. Cost and volume data for calculating this index (Lean Hogs Index) is collected by the US Department of Agriculture (USDA).
CFDs on Lean Hog futures #C-LHOG are traded in U.S. dollars per 100lbs (1 CFD contract includes 100lbs, 1 lot includes 400 100lbs equivalent pork carcasses).
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