What will be the highest price for the sugar futures contract by the end of 2022?
Market Rules
The production and consumption of many food commodities have been largely influenced by economic instabilities caused by the COVID-19 pandemic. Sugar is one of these products, and its price might go through more or less intense oscillations in the following months.
This market will resolve in favor of the alternative whose range of values contains the highest closing price (by December 31, 2022) of the US Sugar #11 futures contract of March 2023 (SBH23/).
The reference for this market's resolution will be Investing.com's prices indicator, as available at https://www.investing.com/commodities/us-sugar-no11-contracts?page=chart&symbol=SBH23. The prices in each alternative are given in US dollars for one contract unit (112,000 pounds).