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Fern published an explainer on the EU Deforestation Regulation (EUDR), which bars products linked to deforestation from the EU market and covers seven commodities including soy, palm oil, wood, coffee, cocoa, beef and rubber. It addresses claims that the rules will greatly increase bureaucracy for farmers and foresters, noting the regulation builds on the existing EU Timber Regulation.
Compliance requirements for soy, palm oil and beef exporters to the EU could shift trade flows and raise documentation costs, a modest long-run factor for feed-relevant commodities.
fern.orgAug 29, 2024After 196 past neutral policy events, Soybean Oil moved a median +0.1% over 5 sessions (52% higher; middle half -1.6% to +2.0%), and -0.5% 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.
After 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.
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.
