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The European Commission answered ten questions on the EUDR, which applies from 30 December 2024. Reports note that the US government and farm groups in Ivory Coast and Malaysia have sought a delay, and cocoa sector stakeholders have raised implementation concerns.
Possible delay requests and implementation uncertainty may affect soy and palm oil trade flows into the EU, though the rule's timing remains unchanged for now.
confectioneryproduction.comNeill BarstonJun 25, 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.
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.
