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A Trase analysis finds that countries importing soy from Paraguay's Atlantic Forest remain exposed to illegal deforestation risk despite a large fall in the deforestation rate. Paraguay's soy exports to Argentina have surged since 2016.
Deforestation scrutiny of Paraguayan soy could eventually affect buyer sourcing decisions, but the report itself does not change near-term supply or prices.
trase.earthMaria TyldesleyJun 20, 2021After 250 past neutral report events, Soybean Meal moved a median -0.1% over 5 sessions (49% higher; middle half -1.6% to +1.7%), 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.
