Historical Year Data · 2023
Soybean Meal Price (Global) in 2023
Soybean Meal Price (Global) opened 2023 at 534.93 and closed at 454.24, a -15.08% move for the year. The high of 543.26 was reached on February 1, and the low of 439.44 on September 1.
Open
534.93
2023-01
Close
454.24
12 data points
High
543.26
Feb 1
Low
439.44
Sep 1
Full Year Change
-15.08%
2022 Change
+9.51%
Monthly Breakdown
| Month | Open | Close | High | Low | Change |
|---|---|---|---|---|---|
| Jan | 534.93 | 534.93 | 534.93 | 534.93 | +0.00% |
| Feb | 543.26 | 543.26 | 543.26 | 543.26 | +0.00% |
| Mar | 523.95 | 523.95 | 523.95 | 523.95 | +0.00% |
| Apr | 496.84 | 496.84 | 496.84 | 496.84 | +0.00% |
| May | 459.06 | 459.06 | 459.06 | 459.06 | +0.00% |
| Jun | 448.36 | 448.36 | 448.36 | 448.36 | +0.00% |
| Jul | 479.67 | 479.67 | 479.67 | 479.67 | +0.00% |
| Aug | 470.2 | 470.2 | 470.2 | 470.2 | +0.00% |
| Sep | 439.44 | 439.44 | 439.44 | 439.44 | +0.00% |
| Oct | 440.78 | 440.78 | 440.78 | 440.78 | +0.00% |
| Nov | 498.71 | 498.71 | 498.71 | 498.71 | +0.00% |
| Dec | 454.24 | 454.24 | 454.24 | 454.24 | +0.00% |
Events During 2023
2023 Silicon Valley Bank Collapse
Mixed
March 2023
Silicon Valley Bank collapsed on March 10, 2023, the second-largest bank failure in US history. The Fed's response redefined liquidity backstops for the banking system.
2023 Credit Suisse Forced Merger
Mixed
March 15-19, 2023
Credit Suisse was forced into an emergency acquisition by UBS over the weekend of March 18-19, 2023. The deal wiped out AT1 bondholders while preserving some equity, reshaping bank capital structure risk assessment globally.
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