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CME Lean Hog Trading Sets Record as Prices Reach Six-Year Lows

The 209,363-contract total topped a record set in 2025. CME also reported a separate Livestock options record of 136,923 contracts on Nov. 5.

Updated 1 min read
Floor brokers watch activity around the livestock futures pits at the CME Group trading floor in Chicago. / TokenPost.ai (mono)
Floor brokers watch activity around the livestock futures pits at the CME Group trading floor in Chicago. / TokenPost.ai (mono)

CME Group reported a daily record of 209,363 contracts in Lean Hog futures and options on Nov. 9, as John Ricci, its Global Head of Agricultural Products, tied prices at six-year lows to steady supply and contracting demand.

The total exceeded the previous daily high of 204,948 contracts, set Nov. 10, 2025. CME did not provide separate futures and options totals for the Nov. 9 record. Ricci also said market participants were turning to CME Group. The exchange describes its futures and options as tools clients can use to manage risk.

CME reported another daily record on Nov. 5: 136,923 contracts in Livestock options. The announcement did not identify that figure as specific to Lean Hog options.

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