Historical Year Data · 2016
Soybean Meal Price (Global) in 2016
Soybean Meal Price (Global) opened 2016 at 297.18 and closed at 345.84, a +16.37% move for the year. The high of 443.41 was reached on June 1, and the low of 291.37 on February 1.
Open
297.18
2016-01
Close
345.84
12 data points
High
443.41
Jun 1
Low
291.37
Feb 1
Full Year Change
+16.37%
2015 Change
-19.83%
Monthly Breakdown
| Month | Open | Close | High | Low | Change |
|---|---|---|---|---|---|
| Jan | 297.18 | 297.18 | 297.18 | 297.18 | +0.00% |
| Feb | 291.37 | 291.37 | 291.37 | 291.37 | +0.00% |
| Mar | 296.18 | 296.18 | 296.18 | 296.18 | +0.00% |
| Apr | 327.7 | 327.7 | 327.7 | 327.7 | +0.00% |
| May | 407.5 | 407.5 | 407.5 | 407.5 | +0.00% |
| Jun | 443.41 | 443.41 | 443.41 | 443.41 | +0.00% |
| Jul | 403.28 | 403.28 | 403.28 | 403.28 | +0.00% |
| Aug | 364.48 | 364.48 | 364.48 | 364.48 | +0.00% |
| Sep | 342.25 | 342.25 | 342.25 | 342.25 | +0.00% |
| Oct | 337.12 | 337.12 | 337.12 | 337.12 | +0.00% |
| Nov | 345.7 | 345.7 | 345.7 | 345.7 | +0.00% |
| Dec | 345.84 | 345.84 | 345.84 | 345.84 | +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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