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Fern responds to the Commission's 17 November 2021 proposal, which would bar commodities and derived products produced on land deforested after 31 December 2020. The proposal will be debated by Parliament and Council through 2022.
Geolocation and risk-tiered checks could increase traceability costs for soy, cattle and palm oil shipped to the EU, a modest long-run cost driver for these markets.
fern.orgDec 7, 2021After 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.
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.
