
The EU Joint Research Centre published an open-access global forest cover map for 2020 to support EUDR enforcement, with CIRAD contributing. The map will help verify deforestation-free status for products sold in the EU from 30 December 2024.
Better satellite verification tools make EUDR enforcement more credible, reinforcing compliance pressure on soy and palm imports to the EU.
After 788 past bearish report events, Soybeans moved a median -0.3% over 5 sessions (47% higher; middle half -2.0% to +1.5%), and -0.9% over 20.
After 96 past bearish report events, Palm Oil moved a median -0.1% over 5 sessions (48% higher; middle half -1.3% to +1.6%), and -0.9% 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.