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A LexisNexis legal guidance piece explains that Regulation (EU) 2023/1115, the EU Deforestation Regulation, was published in June 2023 to restrict sales of commodities linked to deforestation. It covers soya, cattle, palm oil, wood, cocoa, coffee, rubber and derived products.
Legal guidance clarifies compliance obligations for importers of soy and palm oil into the EU, which can shift sourcing toward verified-deforestation-free origins. The effect on prices is a background cost factor rather than an immediate move.
lexisnexis.co.ukRichard Sterneberg, Yapa Thepkanjana, Anna Kovaleva, Thea BarseghyanDec 15, 2023After 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.
