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A Borderlex weekly review of Brussels trade policy notes the EU's new Strategic Compass and says there is no appetite in the EU, mainly Germany, to further restrict trade with Russia. It also mentions talks on a transatlantic data deal and steel and aluminium trade.
The stated reluctance to add further trade restrictions on Russia removes one potential source of tighter EU import controls on Russian-origin commodities, a neutral signal for feed markets.
borderlex.netEditor BorderlexMar 25, 2022After 152 past geopolitics events, Soybeans moved a median +0.1% over 5 sessions (53% higher; middle half -1.6% to +2.1%), and +0.8% over 20.
After 62 past geopolitics events, Soybean Meal moved a median -0.1% over 5 sessions (47% higher; middle half -2.4% to +3.0%), and -0.4% over 20.
After 80 past geopolitics events, Palm Oil moved a median +1.2% over 5 sessions (66% higher; middle half -0.9% to +5.2%), and +2.9% 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.
