Marex Expands US Protein and Livestock OTC Hedging Capabilities

February 4, 2026

Marex is expanding its hedging capabilities across US protein and livestock markets, a key strategic focus for the business in 2026.

Over-the-counter (OTC) pricing strategies provide livestock producers, meat processors, and food companies with tools to help strengthen and diversify their hedging portfolios. Competitive pricing, combined with Marex Hedging Solutions’ credit capabilities, can help reduce margin requirements and working capital demands compared with futures-only hedging approaches. For clients with exposure to specific meat cuts, OTC contracts provide a more precise hedge than relying solely on Lean Hog or Live Cattle futures, while also serving as an alternative to forward pricing physical product through the supply chain. 

Supporting this expansion is Jeff Hansen, Senior US Livestock & Protein Sales, who brings more than a decade of experience in OTC hedging products across livestock and agricultural markets. Jeff joined Marex from Cargill and is based in Minneapolis, Minnesota. 

The business provides OTC pricing and risk management solutions across core commodities including Live Cattle, Feeder Cattle, Lean Hogs, Corn, and Soybean Meal — all standard CME underlyings. Within these markets, Marex Hedging Solutions offers a wide range of structures, from tailored structured pricing solutions to more traditional CME “look-alike” strategies, allowing clients to tailor hedging approaches to their specific exposures. 

In addition to CME-based products, Marex Hedging Solutions enables OTC execution in a range of non-exchange-traded protein markets, including individual meat cuts such as Pork Carcass Cutout, Pork Belly Primal, Pork Trim, Hams, Lean Pork Trim, Lean Beef Trim, and Tallow. These bespoke contracts are settled against USDA-reported prices, published daily, weekly, or monthly, providing hedging solutions where listed futures are not available. 

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