
Fern announced a webinar on 13 December 2022 about the EU deforestation-free products regulation agreed on 5 December. Topics included which commodities are covered and the impact on Indigenous peoples and smallholders.
Speakers included European Commission and NGO representatives from Brazil, Ghana and Indonesia.
The event mainly provides commentary on implementation and does not introduce new supply or demand changes. It has limited direct effect on feed commodity prices.
After 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.