pork bellies
pork bellies Finance Definition
A
futures contract, traded on the Chicago Mercantile Exchange (CME), for frozen,
stored pork, which comes from hogs and provides products such as ham and bacon.
The futures contract was designed to help meat packers and warehouse operators
cope with price risks, as the price can be volatile. Futures and options are
traded on the CME.
Browse dictionary entries near pork bellies
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