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Can the live pig index be traded?
Of course.

Under normal circumstances, as long as you have pig futures, you can buy and sell them, but when your pig futures contract expires or you have special demand for the spot market, you will automatically close your position.

In fact, this kind of transaction has two sides. First, some people buy and some people sell. Because live pig futures are varieties that need to be traded, traders can choose to trade in any month.