Loading…
WWF published a report on August 26, 2021 arguing that the UK's proposed Environment Bill due diligence rules, which cover only illegal deforestation in UK supply chains, risk being ineffective and hard to enforce. It urges the government to widen the scope to all deforestation and land conversion.
The Bill returns to the House of Lords in early September.
If the UK scope is widened, soy and livestock feed imports from forest-risk areas could face stricter checks, a modest long-run cost for suppliers into the UK market.
wwf.org.ukAug 26, 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.
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.
