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An OPTA Europe policy panel on the EU deforestation-free regulation is scheduled for 13 February 2024 at BIOFACH. The regulation requires traders to prove imported soy, beef, palm oil and other commodities are deforestation-free and legal, including plot geolocation.
The event is an awareness forum with no immediate supply change, so its price effect on feed commodities is minimal.
opta-eu.orgGiulia VogelJan 16, 2024After 1,905 past policy events, Soybeans moved a median +0.1% over 5 sessions (52% higher; middle half -1.4% to +1.8%), and +0.2% over 20.
After 734 past policy events, Soybean Meal moved a median -0.2% over 5 sessions (46% higher; middle half -1.9% to +1.6%), and -0.4% over 20.
After 1,570 past policy events, Palm Oil moved a median +0.2% over 5 sessions (54% higher; middle half -1.1% to +1.6%), and +0.5% 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.
