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Earth.Org summarizes the EU law to fight global deforestation, agreed on 6 December 2022 and not yet formally adopted. Companies must prove that products such as palm oil, cattle, soy, coffee, cocoa, wood, and rubber did not contribute to deforestation after 31 December 2020 and are legal.
The article is a general explainer.
Proof-of-origin requirements add compliance costs for exporters of key feed-linked commodities such as soy and cattle products. This may slightly reduce EU import demand from non-compliant regions.
earth.orgMathias KhalfaouiJan 4, 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.
