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European feed and oilseed groups COCERAL, FEDIOL, and FEFAC said the deforestation regulation voted by Parliament falls short and could disrupt supply chains. They warned that traceability-to-plot requirements and country benchmarking could reduce soy and palm availability in the EU.
The groups expect inflationary pressure on these commodities.
Feed industry warnings of reduced soy and palm availability point to tighter EU supplies of protein and oil inputs and higher feed costs.
world-grain.comSusan ReidySep 14, 2022After 356 past bullish policy events, SOY moved a median +0.1% over 5 sessions (53% higher; middle half -1.2% to +2.3%), and -0.9% over 20.
After 172 past bullish policy events, SBM moved a median +0.0% over 5 sessions (50% higher; middle half -1.5% to +1.7%), and -0.8% over 20.
After 842 past bullish policy events, SBO moved a median +0.2% over 5 sessions (52% higher; middle half -1.6% to +2.1%), and -0.5% over 20.
After 548 past bullish policy events, PALMOIL moved a median +0.4% over 5 sessions (61% higher; middle half -0.7% to +2.1%), and +0.9% 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.
