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dogmayor | 1 year ago

It has more to do with the nature of the product – can it be reasonably stored in bulk for length without eroding in quality. This goes for anything physically settled. Look at the agricultural products traded at the CME and you'll see there aren't any markets for perishable products like strawberries.

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lucianbr|1 year ago

But is there a law forbidding strawberry futures? The wiki page mentions only onions and box office returns. How can other perishable futures "ban themselves" while onions need to be banned?

dogmayor|1 year ago

They're not banning themselves. There's no market for them. A market will arise based on the market size, product characteristics, etc. Without anyone willing to make markets and trade strawberries, there's no futures market for them. All that to say, there's no need for a law banning something if there's no willing market for it. There was an onions futures market and that's why the law is specific to onions.

lupire|1 year ago

What about orange juice futures?

We saw Trading Places.

dogmayor|1 year ago

Lol frozen concentrate