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Mighty Earth urged that natural rubber be restored to the EU's proposed anti-deforestation law, citing a leaked Commission impact assessment that dropped rubber from the list. The proposed law would cover beef, palm oil, soy, wood, cocoa and coffee.
The EU consumed about 1.02 million tonnes of natural rubber in 2020.
Rubber is not among the feed-relevant commodities here, and the exclusion has no direct effect on feed ingredient prices.
mightyearth.orgOct 25, 2021After 1,905 past policy events, SOY 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, SBM 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, PALMOIL 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.
