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The UK government published an explanatory memorandum on a Commission proposal to repeal and replace EU timber regulation 995/2010. The proposal is part of the EU push to curb deforestation-linked imports.
The EU deforestation framework could eventually require segregated, due-diligence-checked supply of soy, palm oil and beef, which may tighten feed-relevant supply chains and add cost.
gov.ukDepartmentApr 12, 2022After 206 past neutral policy events, Soybean Meal moved a median -0.4% over 5 sessions (44% higher; middle half -2.3% to +1.8%), and -0.7% over 20.
After 513 past neutral policy events, Palm Oil 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.
