
Eleven governments have submitted a document asking the EU to weaken the deforestation law further. They seek a new low-risk class and changes to due diligence for EU exports, and they warn of penalties of up to 4% of EU turnover.
If the EU loosens the rules, trade in soy and palm oil could become less costly, but the outcome is uncertain and the price effect is minor for now.
After 554 past neutral policy events, SOY moved a median +0.0% over 5 sessions (51% higher; middle half -1.4% to +1.6%), and +0.6% over 20.
After 513 past neutral policy events, PALMOIL moved a median 0.0% over 5 sessions (50% higher; middle half -1.6% to +1.4%), and -0.1% 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.