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Agriculture ministers from 33 countries in the Americas met in San Jose and endorsed a joint position on food security, sustainability and rural development. The position will be presented at the UN Food Systems Summit in New York on September 23.
The statement calls for the removal of agricultural protectionism.
The declaration is a policy statement with no immediate supply or demand change for feed commodities. Any eventual reduction in agricultural protectionism could expand trade flows over the longer term.
iica.intSep 4, 2021After 122 past policy events, Lean Hogs moved a median -0.2% over 5 sessions (46% higher; middle half -2.1% to +1.6%), and -0.3% over 20.
Not enough comparable past events yet for a historical read.
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.
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.
