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On 22 May the European Commission classified Belarus, Myanmar, North Korea and Russia as high-risk countries under the deforestation regulation, based on sanctions. Argentina, Brazil, Indonesia and Malaysia are in the standard category, and Member State checks vary by risk level.
Checks at 9% of imports from high-risk origins could slow some trade, but Russia's agricultural exports are only lightly affected, so the price impact is small.
agenceurope.euMay 21, 2025After 554 past neutral policy events, Soybeans 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, Palm Oil 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.
