Kalshi Seeks Repeal of 1958 Onion Price Rigging Law
The prediction market platform aims to remove regulatory barriers that currently prohibit trading on commodities like onions and entertainment metrics.
Headline and summary written by an AI model from the linked article; not reviewed by a person. How this was made
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The odds
Each tick is a source publishing on this story
Price data
| Time | Chance of yes |
|---|---|
| now | 3% |
| 30 Oct, 18:58 UTC | 3% |
| 22 Oct, 21:57 UTC | 4% |
| 22 Oct, 18:05 UTC | 3% |
| 21 Oct, 14:05 UTC | 4% |
| 20 Oct, 13:40 UTC | 0% |
The story so far
1 publisher has covered this in 1 article since 30 Oct 2026. The New York Times published first, on 30 October at 18:48 UTC.
One prediction market prices this story:
- Before 2027 — the market puts it at 3%, with $4k traded in the last 24 hours, closing 1 Jan 2027. The market resolves to Yes if the Onion Futures Act is fully repealed between now and January 1, 2027. It resolves to No if the law remains in effect after that date. Readers often mistake the news headline about Kalshi’s request for a full repeal of the law.
Odds are the market's probability that the outcome happens, updated every few minutes. They are information about what traders expect, not a forecast we make and not investment advice.
Sources
Every article we clustered into this story. Headlines link to the publisher.
Related prediction markets
Linked by software because they are about the same subject. Most ask a different question from the one this story reports, so read each market's own question. How often the link is right
- Kalshi Before 2027 3%
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In this story
- Kalshi