What will be the output of the following piece of code? Don't use the Python console.
set1 = {'oatmeal', 'millet', 'rice', 'semolina', 'buckwheat'}
set2 = {'oatmeal', 'ric', 'semolina', 'millet', 'buckwheat'}
print(set1 == set2)
Mind the spelling of the output!