Loading…
EU agriculture ministers are scheduled to discuss the proposed regulation on products associated with deforestation on 21 February. The rules cover six commodities and their derivatives, with a review clause allowing scope changes.
Ministers may also consider extending the scope to other commodities and ecosystems.
A possible widening of the commodity list could add pressure on feed protein and vegoil supplies into the EU, though the proposal is still at an early stage.
agenceurope.euFeb 7, 2022After 172 past bullish policy events, Soybean Meal moved a median +0.0% over 5 sessions (50% higher; middle half -1.5% to +1.7%), and -0.8% over 20.
After 548 past bullish policy events, Palm Oil moved a median +0.4% over 5 sessions (61% higher; middle half -0.7% to +2.1%), and +0.9% 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.
