CME brings home the bacon with new index
CME Group is aiming to tap into growing demand for pork bellies by publishing a new index to reflect pricing for the fresh animal parts used to make bacon.
The derivatives exchange said the launch came amid heightened volatility for bacon pricing against the backdrop of fast-growing consumer demand, global trade disputes and a recent outbreak of swine disease in China. Pork bellies have come through a year of fluctuating prices, with volatility having peaked at over ...
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