CME Group, citing a lack of interest, says it is discontinuing trading in frozen pork belly futures.
According to spokesman Chris Grams, the last trade in pork belly futures and options on the Chicago Mercantile Exchange took place in January. He says the exchange has informed the Commodities Futures Trading Commission that pork bellies were delisted at the close of trading Friday.
Grams said the exchange consistently evaluates its products and determined customers have moved away from pork belly futures to determine the price of the product, which is known by the public as bacon.
Copyright 2011 The Associated Press.