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The NGO Fern welcomed the Commission's proposed EU anti-deforestation law as a major step, but said it is not yet strong enough. It argued that relying on producer-country laws to define illegality, as in Brazil, is insufficient to protect forests and Indigenous rights.
Pressure to strengthen the rules could make the final regulation stricter for soy and palm oil from forest-risk regions, adding uncertainty for EU import demand. Debate over the final text is still ongoing.
fern.orgNov 17, 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.
