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EU feed, grain and oilseed trade groups welcomed some changes the Council made to the draft deforestation regulation. They still warn that certain provisions would distort trade as currently written.
The Council adopted its negotiating position on the proposal this week.
Trade groups arguing the rules distort trade suggests possible changes to how feed and oilseed imports are handled in the EU. The effect on prices depends on how the final text is negotiated.
agnavigator.comJane ByrneJun 30, 2022After 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.
After 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.
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.
