Will the Onion Futures Act be repealed? (Before Jan 1, 2030)

Kalshi Politics › Congress Closes Jan 1, 2030 · $30.9K traded · $4.8K at stake · prices read 3 h ago

The odds

30%Before Jan 1, 2030

Before Jan 1, 20272%
Before Jan 1, 202813%
Before Jan 1, 202927%
Before Jan 1, 203030%

How the odds have moved

Before Jan 1, 2027: 5% on Oct 21, 2% now.

Each outcome's chance over time on Kalshi. The dots along the bottom are headlines about its subject: point at one to read it.

Every outcome

Outcome	Chance	Bid	Ask	Pays	Contracts
Before Jan 1, 2027	2%	1¢	2¢	$50.00	270.3K
Before Jan 1, 2028	13%	12¢	13¢	$7.69	25.00
Before Jan 1, 2029	27%	26¢	27¢	$3.70	51.0K
Before Jan 1, 2030	30%	29¢	30¢	$3.33	45.2K

"Pays" is what a $1 stake returns if that outcome happens, at the price shown (before any fees). Bid and ask are the best prices to sell and buy "Yes".

The news: Onion Futures Act

Search ›

What a 1958 onion law reveals about modern politics@ceidotorg · 4 days agoUniversity of Chicago students recently held an onion-themed protest, of all things. Social media was flooded with more onion puns than any reasonable person should have to endure, but it soon became apparent that people were using onions…
Hollywood Studios Crack Down on Staff Betting in Prediction MarketsCrypto Economy · 4 days agoHome > Markets > Hollywood Studios Crack Down on Staff Betting in Prediction Markets Major Hollywood studios and media conglomerates warned their staff to refrain from participating in prediction markets; in fact, they banned bets that…
Hollywood Studios Quietly Ban Staff From Betting on Prediction Markets: ReportCryptoNews · 4 days agoHollywood studios and production companies have been quietly issuing guidelines barring employees from betting on prediction markets, entertainment industry trade paper The Hollywood Reporter reported on Thursday. The warnings prohibit…
How Americans lost the right to trade in ... onion futuresThe Washington Post · 8 days agoBreaking news and analysis on politics, business, world, national news, entertainment and more. In-depth DC, Virginia, Maryland news coverage including traffic, weather, crime, education, restaurant reviews and more. The students' protest…

Related markets

All congress ›

Politics › Congress

How many nominations will Trump send to the Senate this week? (11/8-11/14)

26.3median

-850

Median 26.3Middle half 23.1 – 29.5

Politics › Congress

Will the House vote on impeaching Pete Hegseth? (Before 2027)

89%Before Nov 14, 2026

Before Nov 14, 202689%▲ 9
Before Nov 21, 202689%▼ 2
Before Jan 1, 202793%▼ 1

Politics › Congress

2026 Midterms: House popular vote margin of victory? (Generic ballot)

14.87%median

-100%100%

Median 14.87%Middle half 14.3% – 15.44%

Politics › Congress

How many Senate seats will Democrats win in the Midterms?

95%At least 22

2023

Politics › Congress

Will a cabinet member be impeached? (Before Jan 20, 2029)

78%Before Jan 1, 2027

Before Jan 1, 202778%▲ 4
Before Apr 1, 202793%▲ 13
Before Jul 1, 202794%▲ 11

3 more

Before Oct 1, 202794%▲ 5
Before Jan 1, 202894%▲ 6
Before Jan 20, 202994%▲ 2

Politics › Congress

Government shutdown on Dec 12, 2026?

38%chance▼ 1

Odds are traders' prices on Kalshi, Polymarket, ForecastEx and Crypto.com, not forecasts by 4Progressives. Prices read from the venues just now. Prices may be delayed. Money traded on Kalshi and ForecastEx is estimated from contracts. Not betting or investment advice.

About this market

VenueKalshi

Settles onLibrary of Congress

Trading closesJan 1, 2030 10:00 AM ET

Traded$30.9K (366,500 contracts)

This week$3.1K

At stake$4.8K

Followed here sinceOct 20, 2026

The rules

If the Onion Futures Act has been completely repealed after Issuance and before Jan 1, 2027, then the market resolves to Yes.

The full rules are on the market's page at Kalshi.

Reading the odds

A prediction market trades contracts that pay $1 if something happens. Its price is the market's chance: a contract at 62¢ means traders give it 62%. Each number here is the midpoint between the best bid and offer, or the last trade when they are more than ten cents apart.

For a question with many answers (who wins, which range a number lands in), the chances are scaled to add up to 100%. A price ladder ("above 4.25%, above 4.50% ...") gives a whole distribution: its median is where traders see an even chance either way.

Kalshi is a U.S. exchange regulated by the CFTC; its money is counted in contracts, shown here as dollars at their price. Polymarket counts dollars. ForecastEx is Interactive Brokers' exchange, regulated by the CFTC; its contracts too are shown as dollars at their price. Crypto.com lists its markets on Crypto.com | Derivatives North America, a U.S. exchange regulated by the CFTC; it reports the dollars traded. Where more than one asks the same question, each is shown, never averaged.

Prefer betting odds? Switch to American (+150) or decimal (2.50) odds at the top of the page.

Prediction-market prices are what traders pay for each outcome on Kalshi, Polymarket, ForecastEx and Crypto.com, read as the market's implied chance. They are not forecasts by 4Progressives, can move fast and can be wrong; they are read every few minutes and may be delayed. Money traded on Kalshi and ForecastEx is estimated from contracts at their price. News comes from the 4Progressives index; prices of stocks, rates and coins from 4Progressives Finance. Nothing here is betting, financial or investment advice. Terms of use. How to use Predictions