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Sustainalytics reports that the EUDR takes effect in December 2024 and that most companies are not yet prepared. The regulation covers commodities including cattle, cocoa, coffee, palm oil, soy, rubber and wood.
Unprepared EU buyers may face disruption or delayed purchases of soy and palm products, a modest bearish factor for these feed-relevant commodities.
sustainalytics.comSydney Krisanda Analyst, ESG Research, Consumer GoodsApr 2, 2024After 369 past bearish policy events, SOY moved a median -0.2% over 5 sessions (46% higher; middle half -1.7% to +1.8%), and +0.8% over 20.
After 400 past bearish policy events, PALMOIL moved a median -0.0% over 5 sessions (49% higher; middle half -1.3% to +1.1%), and +0.2% 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.
