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Hogs Market
Contract Specifications

Lean Hog Futures Contract Specifications

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Lean Hogs Futures (HE)

  • Trading Symbol: HE
  • Contract Size: 40,000 pounds
  • Trading Hours: Monday 8:30 AM – 1:05 PM CT
  • Tick Size: $0.00025 per pound (0.025 cents)
  • Tick Value: $10.00 per contract ($0.00025 × 40,000 pounds)
  • Settlement Method: Cash-settled (financially settled)
  • Initial Margin: $2,200 (as of April 2025, per CME Group)
  • Maintenance Margin: $1,600 (as of April 2025, per CME Group)
  • Contract Months: Feb (G), Apr (J), Jun (M), Jul (N), Aug (Q), Oct (V), Dec (Z)
  • Exchange: CME Group (Chicago Mercantile Exchange)