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A World Bank blog outlines how the EU Deforestation Regulation starting December 30 will require geolocation documentation for imports of coffee, cocoa, palm oil, soy, beef and wood. Research estimates up to 22% of Latin America's EU-bound exports could be affected.
Documentation burdens fall on exporters in producing countries, which could slow shipments and tighten supply of compliant soy and palm oil into Europe.
blogs.worldbank.orgBledi Celiku, Guillermo Arenas, Miguel Ángel García Paz, Roberto EchandiJul 31, 2024After 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.
After 206 past neutral policy events, Soybean Meal moved a median -0.4% over 5 sessions (44% higher; middle half -2.3% to +1.8%), and -0.7% 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.
