We have gasoline futures, why not cheeseburger futures. Traders could speculate on the demand for cheeseburgers seasonally and cyclically. A lot of traders eat cheeseburgers and are amateur cheeseburger producers. This experience would give them great insight into the supply and demand of cheeseburgers around the world.
Trading cheeseburger futures could stabilize earnings of fast food giants. Fast food giants could save on innovation in the production of cheeseburgers because when prices are high their no need to change a good thing. When prices are low they could just stop producing as many cheeseburgers thereby reducing the supply and supporting the futures price, even though demand is falling. Maybe we should also have pizza futures or even ice cream futures.
I hope you could smell the sarcasm. Just my perception on how ludicrous it is to have gasoline futures.
