GoKawiilThe San Francisco Onion Futures Company offers private, transferable contracts for the future physical delivery of yellow onions.
Pricing and purchase require JavaScript. With JavaScript enabled, contracts are listed by delivery month with current pricing and may be purchased directly on this page.
Contracts are sold up to 6 months out, and prices range from 3 to 12 USD per onion. Payments are accepted via Stripe.
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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.
How does the delivery process work?
In the first week of each contract's delivery month, a representative of the San Francisco Onion Futures Company will contact the registered owner to arrange delivery. Usually, contract owners will be given a list of possible times and locations at which they can collect their onions. If a contract owner is not available for any of these, or if they are outside of our primary delivery areas, delivery may be handled by a third party at no extra charge.
Our primary delivery areas are San Francisco, Toronto, Seattle, and Chicago (via For Our Futures). If you would like to become a delivery partner for another area, please email [email protected].
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