San Francisco Onion Futures Company
Points and comments are a snapshot, not live.
A site sells private, transferable onion futures contracts, claiming legal loophole.
The San Francisco Onion Futures Company offers private, transferable contracts for future delivery of yellow onions, priced per onion (e.g., $9.58 for October 2026). It cites 7 U.S.C. § 13-1, which bans onion futures on U.S. boards of trade, but argues it is not a board of trade or trading facility since it does not operate an exchange or secondary market. Contracts are non-refundable; owners can resell keys to transfer ownership. Delivery areas include San Francisco, Toronto, Seattle, and Chicago via a partner organization.
What commenters are saying
Commenters split into two camps: those treating the project as clever performance art against the Onion Futures Act, and those questioning its legality or pricing (e.g., $9.58 per onion). Several commenters explained the law's origin: after Vincent Kosuga cornered the onion market in the 1950s, Congress banned onion futures specifically. A proprietor confirmed the site is primarily a novelty/art project but said they do deliver onions. One commenter noted the site connects with the UChicago student group For Our Futures for Chicago deliveries.