Soybean Meal Price (Global) in 2012
Soybean Meal Price (Global) opened 2012 at 347.6 and closed at 489.69, a +40.87% move for the year. The high of 585.75 was reached on August 1, and the low of 347.6 on January 1.
Monthly Breakdown
| Month | Open | Close | High | Low | Change |
|---|---|---|---|---|---|
| Jan | 347.6 | 347.6 | 347.6 | 347.6 | +0.00% |
| Feb | 364.49 | 364.49 | 364.49 | 364.49 | +0.00% |
| Mar | 405.23 | 405.23 | 405.23 | 405.23 | +0.00% |
| Apr | 440.62 | 440.62 | 440.62 | 440.62 | +0.00% |
| May | 459.42 | 459.42 | 459.42 | 459.42 | +0.00% |
| Jun | 464.02 | 464.02 | 464.02 | 464.02 | +0.00% |
| Jul | 552.54 | 552.54 | 552.54 | 552.54 | +0.00% |
| Aug | 585.75 | 585.75 | 585.75 | 585.75 | +0.00% |
| Sep | 559.56 | 559.56 | 559.56 | 559.56 | +0.00% |
| Oct | 519.91 | 519.91 | 519.91 | 519.91 | +0.00% |
| Nov | 490.6 | 490.6 | 490.6 | 490.6 | +0.00% |
| Dec | 489.69 | 489.69 | 489.69 | 489.69 | +0.00% |
Events During 2012
Greece's debt revelation in October 2009 triggered a multi-year eurozone crisis that threatened the euro's survival. Greece, Ireland, Portugal, Spain, and Italy required emergency support. Mario Draghi's "whatever it takes" in 2012 ended the acute phase.
ECB President Mario Draghi's July 26, 2012 speech in London ended the acute eurozone crisis. The commitment, backed by Outright Monetary Transactions, arrested peripheral yield spikes without buying a single bond.
Related Metrics
Get historical context as markets unfold, regime classification, scenario triggers, and analysis in your inbox.