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A WWF report found EU imports of agricultural and agroforestry commodities caused 3.5 million hectares of deforestation between 2005 and 2017. The report calls for demand-side legislation to make EU commodity supply chains deforestation-free.
Calls for demand-side rules point toward tighter sourcing requirements for soy and other feed inputs into the EU. The impact on prices is a future compliance risk rather than an immediate supply change.
europeansttc.comJoyce PenninkhofJul 6, 2021After 356 past bullish policy events, Soybeans moved a median +0.1% over 5 sessions (53% higher; middle half -1.2% to +2.3%), and -0.9% over 20.
After 172 past bullish policy events, Soybean Meal moved a median +0.0% over 5 sessions (50% higher; middle half -1.5% to +1.7%), and -0.8% 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.
