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Preferred by Nature says the EU's proposed anti-deforestation regulation could significantly reduce EU deforestation if implemented as proposed. It notes the proposal covers soy, timber, coffee, cocoa, beef and palm oil but omits taxes and human rights.
The proposed rules would require companies to show their supply chains avoid deforested land, which could restrict or add cost to soy and palm oil imports to Europe.
preferredbynature.orgJan 10, 2022After 356 past bullish policy events, Soybeans moved a median +0.1% over 5 sessions (53% higher; middle half -1.2% to +2.3%), and -0.9% 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.
