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The Danish government launched an action plan aiming for Denmark's imports of soy and palm oil to be deforestation-free by 2025. The plan includes efforts to push the EU for stronger anti-deforestation measures.
A national push for verified deforestation-free soy used in animal feed could gradually shift Danish feed sourcing, a small but directional factor for soybean meal demand in Europe.
fvm.dkSep 22, 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.
