Warehousing capacity in India is constrained by enforceability of contracts, as the latest crash in onion prices demonstrates. Cold store owners seek full payment upfront during a glut because they cannot be sure the farmer will show up to collect his stock as prices keep falling. Farmers, on their part, have no means to pay for storage if the market price falls below production costs. Price stabilisation efforts must reach all farmers so that they can sell a part of their crop at rates remunerative enough for them to pay for storage of the rest.