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France, using its EU presidency, is pushing the anti-deforestation proposal, which would require geographic coordinates for goods and classify countries by risk. The proposal must still be approved by the bloc's 27 member states, and activists say it does not protect indigenous people.
Designating high-risk origins would subject exports such as palm oil, soy and cocoa to stricter checks, which could slow flows and support prices of compliant supplies.
thenationalnews.comTim StickingsJan 28, 2022After 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.
After 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.
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.
