Lean Hog
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[edit] Lean Hog
Lean Hog refers to a commonly used type of Hog (pork) that can be easily traded in mercantile and option exchanges. This type of hog is the source of the majority of the pork meat in the US.
Lean Hog is a replacement term for Live Hog.
Lean Hogs in the Chicago Mercantile Exchange (CME): This refers to 40,000 pounds of Lean Hogs, and it is usually quoted by cents by pound.
Chicago Mercantile Exchange Lean Hog Futures [[1]]