Historical Year Data · 2016
Beef Price (Global) in 2016
Beef Price (Global) opened 2016 at 159.07 and closed at 173.98, a +9.37% move for the year. The high of 187.74 was reached on July 1, and the low of 159.07 on January 1.
Open
159.07
2016-01
Close
173.98
12 data points
High
187.74
Jul 1
Low
159.07
Jan 1
Full Year Change
+9.37%
2015 Change
-27.98%
Monthly Breakdown
| Month | Open | Close | High | Low | Change |
|---|---|---|---|---|---|
| Jan | 159.07 | 159.07 | 159.07 | 159.07 | +0.00% |
| Feb | 171.31 | 171.31 | 171.31 | 171.31 | +0.00% |
| Mar | 176.2 | 176.2 | 176.2 | 176.2 | +0.00% |
| Apr | 176.9 | 176.9 | 176.9 | 176.9 | +0.00% |
| May | 179.45 | 179.45 | 179.45 | 179.45 | +0.00% |
| Jun | 181.45 | 181.45 | 181.45 | 181.45 | +0.00% |
| Jul | 187.74 | 187.74 | 187.74 | 187.74 | +0.00% |
| Aug | 185.61 | 185.61 | 185.61 | 185.61 | +0.00% |
| Sep | 182.89 | 182.89 | 182.89 | 182.89 | +0.00% |
| Oct | 180.76 | 180.76 | 180.76 | 180.76 | +0.00% |
| Nov | 183.14 | 183.14 | 183.14 | 183.14 | +0.00% |
| Dec | 173.98 | 173.98 | 173.98 | 173.98 | +0.00% |
Events During 2016
2016 Brexit Vote
Goldilocks
June 23–24, 2016
The UK voted to leave the European Union on June 23, 2016. The pound fell 10% overnight, its largest single-day drop since floating in 1971.
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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