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Sustainability in Business summarizes the EUDR, which has been in force since June 2023 and applies from December 30, 2024, with due diligence requirements for wood, beef, palm oil, soy, coffee, cocoa and rubber. Secondary legislation on the information system and country risk benchmarking is still being developed.
Pending implementing rules on country risk categories leave buyers unsure which origins will face scrutiny, adding uncertainty to soy and palm oil trade flows into the EU.
sustainabilityinbusiness.blogThomas DelilleMay 5, 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.
