
ATIBT reports that the European Commission presented guidance on 24 March 2026 for an April package on implementing the deforestation regulation. The Commission said it will not reopen the legal text, and a fifth iteration of the FAQs is being finalized.
The package is expected by the end of April.
Clarified guidance on downstream obligations could reduce compliance uncertainty for traders of soy and other covered commodities. The impact on prices is expected to be small.
After 1,905 past policy events, SOY moved a median +0.1% over 5 sessions (52% higher; middle half -1.4% to +1.8%), and +0.2% over 20.
After 734 past policy events, SBM moved a median -0.2% over 5 sessions (46% higher; middle half -1.9% to +1.6%), and -0.4% over 20.
After 1,570 past policy events, PALMOIL moved a median +0.2% over 5 sessions (54% higher; middle half -1.1% to +1.6%), and +0.5% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.