Will the Onion Futures Act be repealed?

As of Wed, 21 Oct 2026 13:58:31 UTC, Kalshi traders price Before Jan 1, 2029 (15.0%), Before Jan 1, 2030 (15.0%), Before Jan 1, 2028 (13.0%). The market has $83K in volume and closes on Tue, 01 Jan 2030.

Updated:

Current odds

OutcomeChanceYes priceNo price
Before Jan 1, 202915.0%15.0¢85.0¢
Before Jan 1, 203015.0%15.0¢85.0¢
Before Jan 1, 202813.0%13.0¢87.0¢
Before Jan 1, 20275.0%5.0¢95.0¢

Market details

Resolution rules

Each outcome is a separate contract with its own rules. The rules for Before Jan 1, 2029:

If the Onion Futures Act has been completely repealed after Issuance and before Jan 1, 2029, then the market resolves to Yes. For this market, complete repeal requires a bill to become law eliminating both prohibitions in 7 U.S.C. section 13-1(a): futures trading in onions futures trading in motion-picture box-office receipts, including any related index, measure, value or data Repealing only one prohibition does not qualify. The repeal may be standalone, an amendment, or part of a larger bill. Enactment counts even if the repeal takes effect later.

Sources

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