Loading…
New Zealand's foreign affairs ministry says the EU Deforestation Regulation has entered into force and will require geolocation data for in-scope products from December 2024. It notes the burden will fall most heavily on New Zealand beef, with wood, coffee and chocolate exporters also affected.
Geolocation and due-diligence requirements raise exporter costs for beef and other in-scope goods, which may slow some EU-bound flows and affect regional beef pricing.
mfat.govt.nzNew Zealand Ministry of Foreign Affairs, TradeSep 21, 2023After 102 past neutral policy events, Live Cattle moved a median +0.6% over 5 sessions (63% higher; middle half -0.7% to +1.2%), and +1.3% 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.
