Loading…
The European Commission plans to adopt a mix of mandatory and voluntary due diligence rules later in 2021 to prevent deforestation in its supply chains. The approach marks a shift away from reliance on voluntary schemes.
Mandatory deforestation rules could raise compliance costs and restrict imports of soy, palm oil and beef into the EU, affecting feed ingredient flows and prices over time.
euractiv.comKira TaylorJun 3, 2021After 223 past bearish policy events, SBM moved a median -0.3% over 5 sessions (45% higher; middle half -2.2% to +1.2%), and -0.6% over 20.
After 400 past bearish policy events, PALMOIL moved a median -0.0% over 5 sessions (49% higher; middle half -1.3% to +1.1%), and +0.2% 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.
