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A Bruegel policy brief argues that the EU deforestation regulation has the right objectives but needed better design and preparation for implementation. It says the Commission's short-notice delay should not weaken other green measures and recommends lessons for future EU environmental legislation.
The brief is analysis rather than a rule change, so it has little direct effect on commodity prices, though it signals that the regulation's core requirements may persist.
bruegel.orgHeather GrabbeNov 14, 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.
