Historical Year Data · 2014

Beef Price (Global) in 2014

Beef Price (Global) opened 2014 at 187.46 and closed at 239.59, a +27.81% move for the year. The high of 272.3 was reached on September 1, and the low of 187.46 on January 1.

Open

187.46

2014-01

239.59

12 data points

High

272.3

Sep 1

Low

187.46

Jan 1

Full Year Change

+27.81%

2013 Change

-4.83%

Monthly Breakdown

Month	Open	Close	High	Low	Change
Jan	187.46	187.46	187.46	187.46	+0.00%
Feb	190.25	190.25	190.25	190.25	+0.00%
Mar	197.76	197.76	197.76	197.76	+0.00%
Apr	191.23	191.23	191.23	191.23	+0.00%
May	194.55	194.55	194.55	194.55	+0.00%
Jun	200.79	200.79	200.79	200.79	+0.00%
Jul	227.5	227.5	227.5	227.5	+0.00%
Aug	258.86	258.86	258.86	258.86	+0.00%
Sep	272.3	272.3	272.3	272.3	+0.00%
Oct	266.93	266.93	266.93	266.93	+0.00%
Nov	261.5	261.5	261.5	261.5	+0.00%
Dec	239.59	239.59	239.59	239.59	+0.00%

Events During 2014

2014-2016 Oil Price Collapse

Deflation

June 2014 – February 2016

Brent crude fell from $115 in June 2014 to $27 in January 2016, a 77% collapse. Shale oversupply and OPEC's refusal to cut production broke the commodity supercycle that had dominated markets since 2003.

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