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Trase research published May 29 finds EU imports of agricultural commodities continue to drive substantial global deforestation, mainly through cocoa and oil palm. It shows large differences between EU countries in deforestation exposure as they prepare for the EUDR.
Concentrated exposure of EU member states to palm oil and soy-linked deforestation signals where compliance pressure will bite hardest, influencing future EU sourcing of these oils and meals.
doi.orgMark TitleyMay 29, 2024After 66 past neutral report events, PALMOIL moved a median +0.2% over 5 sessions (58% higher; middle half -0.4% to +2.0%), and +2.2% over 20.
After 563 past neutral report events, SOY moved a median -0.1% over 5 sessions (48% higher; middle half -1.7% to +1.6%), 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.
