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Negotiations continue on the EU's draft deforestation-free law, which would replace the EU Timber Regulation and extend rules to forest-risk agricultural commodities including beef, cocoa, coffee, palm oil and soy. The final text must be adopted jointly by Parliament and Council.
Ongoing debate creates uncertainty about future EU import requirements for soy and palm oil, but the law is not yet final and has no immediate price impact.
timberindustrynews.comGWMI AdminMar 8, 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 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.
