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Reuters reports that a US paper industry group has asked the Trump administration to press the EU for lighter deforestation rules. The EU law requires proof that cattle, cocoa, coffee, palm oil, rubber, soy and wood products are deforestation-free, or they face fines or rejection.
Lobbying for weaker EU rules, if successful, would reduce compliance burdens on soy and palm oil trade. Any change would ease export frictions, but no decision has been made.
reuters.comRicha Naidu, Kate AbnettFeb 18, 2025After 250 past neutral trade events, Soybeans moved a median +0.0% over 5 sessions (50% higher; middle half -1.4% to +1.6%), and -0.2% over 20.
After 67 past neutral trade events, Palm Oil moved a median +0.0% over 5 sessions (51% higher; middle half -1.1% to +1.3%), and +0.6% 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.
