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Global Trade Review reports that firms are beginning to prepare for the EU deforestation regulation, with some in-scope companies already gathering geolocation data and contacting suppliers. The rules apply to imports from 30 December 2024, but goods may have been produced from earlier raw materials.
Early compliance activity is tightening supplier requirements for soy, palm oil, cattle and other covered goods heading to the EU. This adds cost and traceability pressure on supply chains ahead of the deadline.
gtreview.comJenny MessengerNov 22, 2023After 356 past bullish policy events, Soybeans moved a median +0.1% over 5 sessions (53% higher; middle half -1.2% to +2.3%), and -0.9% over 20.
After 548 past bullish policy events, Palm Oil moved a median +0.4% over 5 sessions (61% higher; middle half -0.7% to +2.1%), 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.
