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Sustainability Online explains the EUDR, which requires companies trading seven commodities and derived products to prove they do not come from deforested or degraded land. It notes compliance becomes mandatory at the end of 2024 and covers beef, soy flour and oil, palm oil and others.
Mandatory due diligence for soy and palm oil imports into the EU may shift flows toward verified supply and add compliance costs that influence relative prices.
sustainabilityonline.netEditorMay 23, 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.
