Historical Year Data · 2022
Beef Price (Global) in 2022
Beef Price (Global) opened 2022 at 262.52 and closed at 213, a -18.86% move for the year. The high of 275.3 was reached on March 1, and the low of 213 on December 1.
Open
262.52
2022-01
Close
213
12 data points
High
275.3
Mar 1
Low
213
Dec 1
Full Year Change
-18.86%
2021 Change
+32.39%
Monthly Breakdown
| Month | Open | Close | High | Low | Change |
|---|---|---|---|---|---|
| Jan | 262.52 | 262.52 | 262.52 | 262.52 | +0.00% |
| Feb | 269.88 | 269.88 | 269.88 | 269.88 | +0.00% |
| Mar | 275.3 | 275.3 | 275.3 | 275.3 | +0.00% |
| Apr | 271.31 | 271.31 | 271.31 | 271.31 | +0.00% |
| May | 269.18 | 269.18 | 269.18 | 269.18 | +0.00% |
| Jun | 262.84 | 262.84 | 262.84 | 262.84 | +0.00% |
| Jul | 257.64 | 257.64 | 257.64 | 257.64 | +0.00% |
| Aug | 252.04 | 252.04 | 252.04 | 252.04 | +0.00% |
| Sep | 246.61 | 246.61 | 246.61 | 246.61 | +0.00% |
| Oct | 241.52 | 241.52 | 241.52 | 241.52 | +0.00% |
| Nov | 228.61 | 228.61 | 228.61 | 228.61 | +0.00% |
| Dec | 213 | 213 | 213 | 213 | +0.00% |
Events During 2022
2022 Fed Rate Hiking Cycle
Stagflation
March–December 2022
The Fed raised rates 425bps in 2022, the fastest hiking cycle since the Volcker era. The 60/40 portfolio posted its worst year since 1937.
2022 UK Mini-Budget & Gilt Crisis
Stagflation
September 23 – October 14, 2022
UK Prime Minister Liz Truss's September 23, 2022 mini-budget triggered a collapse in sterling and gilts. LDI pension strategies faced forced liquidation. The Bank of England intervened to prevent financial instability.
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