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AidEnvironment analyzed 2021 trade flows of 98 commodity products from non-EU countries entering the EU market, focusing on deforestation risk. It found the EU imported more than 14 million metric tons of corn that year, with Brazil as the second largest supplier.
The analysis aims to inform future scope expansions of the EU regulation.
Identifying large EU import flows of corn and soy from deforestation-exposed origins suggests possible future rules that could affect Brazilian corn and soy trade. The effect on prices is speculative at this stage.
aidenvironment.orgNatividadJan 23, 2023After 439 past neutral policy events, Corn moved a median +0.1% over 5 sessions (51% higher; middle half -1.3% to +1.2%), and +1.1% over 20.
After 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.
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.
