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Global Canopy argues that the EU deforestation regulation needs clear, data-driven country and regional risk classifications to be fair and workable. It notes that agriculture drives over 90% of tropical deforestation and that the law is now passed.
The piece warns that some critics have called the rules protectionist.
How the EU classifies countries by deforestation risk will determine which origins face stricter checks, affecting soy and other commodity flows. Clear rules would reduce trade uncertainty.
globalcanopy.orgJun 2, 2023After 1,905 past policy events, Soybeans moved a median +0.1% over 5 sessions (52% higher; middle half -1.4% to +1.8%), and +0.2% over 20.
After 734 past policy events, Soybean Meal moved a median -0.2% over 5 sessions (46% higher; middle half -1.9% to +1.6%), and -0.4% over 20.
After 1,570 past policy events, Palm Oil moved a median +0.2% over 5 sessions (54% higher; middle half -1.1% to +1.6%), and +0.5% 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.
