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ClientEarth describes the Commission's proposed deforestation law, which would require companies selling soy, palm oil and beef in the EU to be deforestation-free. The proposal now goes to Parliament and Council before it can be finalised.
Pending EU rules on soy, palm oil and beef could raise compliance requirements for feed-relevant imports, but the law is not yet adopted and its price effect is gradual.
clientearth.orgDec 23, 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.
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.
