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EU agriculture ministers accepted the provisional political deal with the European Parliament on the three Common Agricultural Policy reform regulations. Ministers also discussed the EU market situation and noted a strong recovery in the food sector.
CAP reform sets EU farm support and environmental rules for coming years, a slow-moving policy change with limited immediate effect on feed grain prices.
consilium.europa.euJun 1, 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.
