The term (bacon) refers to the raw bacon that you get from the bottom of the pig. Since this is a product of the slaughter of the pig, so the trend of pig production as the size of the slaughter of pigs will affect the price, partly because the demand is relatively little affected by price changes.
The main use made of bacon is in the production of bacon. Description
contract
Name: pork belly (frozen pork bellies)
Months contract signed PB date: February, March, May, July, August,
Stock Exchange: CME, Chicago Mercantile Exchange
Example: from 97.000 to 98.000 = $ 400
minimum price variation (tick) 0,025
Tick Value: $ 10
trading hours: Electronic: from 5 : 00p.m. - P.m.ora Chicago at 4:00, Mon-Thur.
Cries from 9:10 a.m. at 1:00 p.m. Now Chicago, Mon.-Fri.
contract size: 40000 pounds contract
Quote: cents per pound $
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