Lean Hogs (HE) Futures Contract Specifications

What Are Lean Hogs (HE) Futures?

Lean Hogs Futures (HE) provide traders with exposure to the pork market. These contracts allow for speculation on hog prices, hedging for producers and meat packers, or agricultural portfolio diversification.

Contract Size

Contract Size: 40,000 pounds

Example: This contract size allows traders to gain exposure to meats with controlled leverage and risk.

Tick Value and Increment

  • Tick Size: 0.025 cents per pound
  • Tick Value: $10.00 per tick
  • Point Value: $400.00 per cent

These specifications make Lean Hogs (HE) Futures suitable for traders seeking exposure to meats markets.

Trading Hours

Lean Hogs (HE) Futures trade with extended hours, providing flexibility for traders in different time zones.

  • Trading Hours: Monday to Friday, 8:30 AM to 1:05 PM
  • Time Zone: Central Time (CT)

Trading Symbol

Platform Symbol: HE

Margins

To trade Lean Hogs (HE) Futures, you'll need to meet specific margin requirements. Check with your broker for the latest margin rates and details.

Why Trade Lean Hogs (HE) Futures?

  • Exposure to the pork supply chain and protein markets
  • Effective hedging tool for hog producers and meat processors
  • Responds quickly to disease outbreaks and export demand
  • Seasonal price patterns create trading opportunities
  • Often shows different trends than cattle markets

Position Sizing for Lean Hogs (HE) Futures

Proper position sizing is crucial when trading Lean Hogs (HE) Futures. Use our position size calculator to determine the optimal number of contracts based on your risk tolerance and account size.

Position Size Calculator Example

For Lean Hogs (HE) Futures (HE):

  • Tick Size: 0.025 cents per pound
  • Tick Value: $10.00 per tick
  • Point Value: $400.00 per cent

If you want to risk $500 with a 10-point stop loss:

Risk per Contract = Stop Loss in Points × Point Value = 10 × 400.00 per cent = $4000

Maximum Contracts = Risk Amount ÷ Risk per Contract = $500 ÷ $4000 = 0 contracts