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San Francisco Onion Futures Company

398 points · 179 comments · z-mach9

  1. Barbing · · focus · HN ↗
    > FAQ

    >Is this legal?

    >Yes, to the best of our knowledge. 7 U.S. Code § 13-1 prohibits "contract[s] for the sale of [...] onions for future delivery [...] on or subject to the rules of any board of trade in the United States." The San Francisco Onion Futures Company is not a board of trade, defined as an "organized exchange or other trading facility". We sell contracts privately to individual buyers, and do not operate any exchange or secondary market.

    Performance art against that law?

    Also November onions are an absolute steal compared to the adjacent months!

    1. dougSF70 · · focus · HN ↗
      I believe 10&#x2F;15 is a huge harvest day for Vidalia(??) Onions so crop will be scarce leading up to the harvest. As my multi-player free farming simulator has shown me. <a href="https:&#x2F;&#x2F;farm-mp.frontpageintelligence.ai&#x2F;" rel="nofollow">https:&#x2F;&#x2F;farm-mp.frontpageintelligence.ai&#x2F;
      1. conorcleary · · focus · HN ↗
        This is really neat, but, the wages and other costs are way too ballooned to envision as a simulator parallel to &#x27;real life&#x27; farming.
        1. dougSF70 · · focus · HN ↗
          Converting one or two fields to BNG use generates a lot of free cash. Grain trading is also a way of winning. As is converting to solar.
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