Pork bellies are the underside of the hog, from which bacon is made. Pork bellies and pork belly futures contracts are traded on the Chicago Mercantile Exchange. Pork bellies can be kept in cold storage for an extended period of time, and generally it is the frozen bellies that are most actively traded. Bellies typically weigh around 13 pounds. Prices vary depending on the amount of inventory in cold storage and the seasonal demand for bacon. Binomial name Sus scrofa Linnaeus, 1758 The domestic pig is usually given the scientific name Sus scrofa, though some authors call it , reserving for the wild boar. ... Bacon is a name for certain cuts of meat taken from the sides or back or belly of a pig, cured and possibly smoked. ... A futures contract is a form of forward contract, a contract to buy or sell an asset of any kind at a pre-agreed future point in time, that has been standardised for a wide range of uses. ... President George W. Bush at CME (March 6, 2001). ... Bacon is a name for certain cuts of meat taken from the sides or back or belly of a pig, cured and possibly smoked. ...