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Food and beverage operators face EUDR obligations from 30 December 2024 covering soy, beef, palm oil, wood, coffee, cocoa and rubber. The regulation requires proof of deforestation-free and legally produced products, with due diligence statements.
Compliance costs and traceability requirements for soy and beef entering the EU could reduce EU import flexibility and weigh modestly on soy and meal demand from the bloc.
foodnavigator.comFlora SoutheyApr 29, 2024After 369 past bearish policy events, Soybeans moved a median -0.2% over 5 sessions (46% higher; middle half -1.7% to +1.8%), and +0.8% over 20.
After 223 past bearish policy events, Soybean Meal moved a median -0.3% over 5 sessions (45% higher; middle half -2.2% to +1.2%), and -0.6% over 20.
After 102 past neutral policy events, Live Cattle moved a median +0.6% over 5 sessions (63% higher; middle half -0.7% to +1.2%), and +1.3% 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.
