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Environmental groups criticized lobbying by the European Tyre & Rubber Manufacturers' Association to remove natural rubber from the EU's forthcoming deforestation due diligence regulation. Civil society groups want rubber kept on the list of high forest-risk commodities.
The rubber dispute has no direct link to feed grains or oilseeds, so it has little bearing on feed prices. It is relevant only as a sign of how broad the EU due diligence rules may become.
mightyearth.orgJul 1, 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.
