Will the wheat price in South Africa peak over 50cent/kg before July 2024?
7
150Ṁ2092
resolved Jul 18
Resolved
NO

Since Russia did not extend the wheat deal with Ukraine, the wheat price is rising.

For a proxy, FOA tracks domestic food prices like wholesale wheat in South Africa:

There was a peak of 50cent/kg in May 2022.

Resolves YES if the price of wholesale wheat in South Africa, as tracked by FOA, reaches this peak again before 2024-07-01.

Resolves NO if the price stays below the peak. Also NO if FOA stops tracking the price (beyond a temporary outage).

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