# CME Group raising hog futures trading limit

> CME Group is raising daily price limits on lean hog futures to 3.75 cents/lb from 3 cents, with expanded limits of 5.5 cents. The change takes effect April 13 and follows high volatility linked to African swine fever and US-China trade tensions. Limit settlements occurred on 14% of 2019 trading days.

- Date: 2020-02-28 · published 2020-02-28T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/54743-cme-group-raising-hog-futures-trading-limit
- Commodities: [Lean Hogs](https://feedsoft.ai/c/HOGS.md)

## Why it matters

Wider limits are a market-structure change that may ease volatility and price discovery but do not by themselves change hog supply or demand.

## Read by commodity

- HOGS: neutral

## Sources

- feedstuffs.com: https://www.feedstuffs.com/livestock-and-poultry-market-news/cme-group-raising-hog-futures-trading-limit

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.