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Seems unfair to predict with onions, when the onions themselves are exempt from being predicted https://www.good.is/articles/the-great-chicago-onion-ring-why-s

• 082349872349872 2y ago
  As I understand it, the problem with perishable goods is that any regulation can only protect one side of a futures market or the other, so if you want to treat both sides equally the Solomonic solution is not to have them.
  • teraflop 2y ago
    And yet milk futures are traded on the Chicago Mercantile Exchange. https://www.cmegroup.com/markets/agriculture/dairy/class-iii-milk.html https://www.cmegroup.com/markets/agriculture/dairy/class-iii...
    • 082349872349872 2y ago
      Here, dairy is stocked and sold without refrigeration, but that's probably not true in Chicago. Maybe the difference is that new milk arrives twice a day, whereas onions are annual? Lagniappe: https://www.youtube.com/watch?v=yW-n0DJFalY https://www.youtube.com/watch?v=yW-n0DJFalY