The CBFP, Fern and CAFI held a July 6, 2022 roundtable on the draft EU deforestation regulation and its effects on Congo Basin countries. Discussions centred on a possible partnership with the EU that accounts for local populations and small producers.
The discussion is consultative and changes no near-term trade flows, so its direct effect on feed commodity prices is minimal.
After 1,905 past policy events, SOY 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, SBM 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, PALMOIL 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.