
ClientEarth published a briefing on the European Commission's 17 November 2021 proposal for an EU regulation on deforestation-free products. It outlines strengths, weaknesses and omissions of the proposal.
The analysis highlights possible changes to the proposal during the legislative process, which affects the long-term outlook for compliance costs on EU-bound soy and palm oil.
After 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 513 past neutral policy events, Palm Oil moved a median 0.0% over 5 sessions (50% higher; middle half -1.6% to +1.4%), and -0.1% 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.