Loading…
ATIBT, a tropical timber trade body, published a decoding and FAQ on the European Commission's draft regulation against imported deforestation. The group said some of its comments were included, but that several points on sustainable forest management and the timber sector remain unclear.
The rules could raise compliance costs and documentation burdens for tropical wood imports, which affects timber trade more than grain or oilseed prices. The direct effect on feed commodity markets is minimal.
atibt.orgNov 24, 2021After 1,905 past policy events, Soybeans moved a median +0.1% over 5 sessions (52% higher; middle half -1.4% to +1.8%), and +0.2% over 20.
After 734 past policy events, Soybean Meal moved a median -0.2% over 5 sessions (46% higher; middle half -1.9% to +1.6%), and -0.4% over 20.
After 1,570 past policy events, Palm Oil moved a median +0.2% over 5 sessions (54% higher; middle half -1.1% to +1.6%), and +0.5% 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.
