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Regulation (EU) No 2023/1115 sets due diligence criteria for cattle, cocoa, coffee, oil palm, soybean, rubber and wood and their derived products. Those goods can only be imported or sold in the EU if operators show they are not linked to deforestation after 31 December 2020.
Importers, industry and retailers face penalties proportionate to turnover.
Downstream operators will need to verify deforestation-free sourcing for soy and palm oil, which may raise costs and reduce the pool of eligible supply. Compliant origins could gain a premium over non-traceable material.
foodtimes.euDario DongoJul 29, 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.
After 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.
