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Norway's Environment Agency opened a consultation on the EU proposal for a deforestation-free products regulation covering soy, palm oil, beef, timber, cocoa and coffee. The proposal would repeal the EUTR.
Norway is an EEA member, so the EU rules would extend to it; the consultation has minimal direct price impact on feed commodities.
miljodirektoratet.noApr 26, 2022After 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.
