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An October 17, 2023 Regulatory Review piece explains that the EUDR requires producers of covered goods to verify deforestation-free production before exporting to the EU by the end of 2024. It describes the geolocation and risk-assessment requirements the regulation imposes.
Traceability requirements for soy, palm oil and cattle products could raise costs for suppliers serving the EU feed and food sectors, though the impact is still years away.
theregreview.orgMadeline BruningOct 17, 2023After 554 past neutral policy events, SOY 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, PALMOIL 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.
