Comment Text:
As a soybean farmer in Alabama, political decisions on subsidies, trade tariffs, and environmental regulations directly impact my livelihood. Election prediction markets like those proposed by Kalshi can help me anticipate and hedge against these risks. The CFTC’s attempt to ban these markets is short-sighted. We rely on accurate data to make informed decisions about planting and investments. Denying us this tool leaves us vulnerable to unpredictable political changes. Let us have the means to manage our risks effectively. The volatility of trade policies with countries like China significantly affects soybean prices. Having a way to predict political outcomes would allow me to plan my crop cycles and manage my finances more effectively. This is not just about speculation; it’s about survival and sustainability for small farmers like me.
