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Fieldfisher outlines compliance pressures from the proposed EU Deforestation Regulation on businesses trading palm oil, beef, soy, cocoa, coffee and wood. Firms would need to prove deforestation-free production after 31 December 2020 and file due diligence statements.
Mandatory due diligence and possible EU market suspension for non-compliant goods could divert or reprice soy, palm oil and beef supply toward non-EU buyers.
fieldfisher.comDec 1, 2021After 356 past bullish policy events, SOY 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, PALMOIL moved a median +0.4% over 5 sessions (61% higher; middle half -0.7% to +2.1%), and +0.9% over 20.
After 102 past neutral policy events, LCATTLE 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.
