Loading…
The European Commission launched the EUDR Information System, where operators submit due diligence statements. The regulation is set to apply at the end of 2025.
A training server has also been launched so users can practise submissions.
The launch is an administrative step toward compliance and does not change supply or demand for palm oil or soy. Its price impact is negligible.
environment.ec.europa.euDirectorate-GeneralDec 6, 2024After 1,905 past policy events, Soybeans 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, Soybean Meal 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, Palm Oil 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.
