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More than 191 Indigenous, environmental and human rights organizations from 62 countries urged the EU to tie its draft deforestation regulation to respect for community land rights. The draft restricts imports of cattle, cocoa, coffee, palm oil, soy and wood grown on land deforested after 2020.
Advocacy pressure could widen the scope of EU import restrictions on soy and cattle products, but the proposal is not yet law, so the price impact is limited.
hrw.orgJan 27, 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 102 past neutral policy events, Live Cattle moved a median +0.6% over 5 sessions (63% higher; middle half -0.7% to +1.2%), and +1.3% 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.
