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Trase published analysis supporting a WWF Europe report on tropical deforestation tied to EU agricultural imports. In 2017 the EU was responsible for 16% of tropical deforestation linked to international trade, behind only China.
Soy, palm oil and beef had the largest embedded deforestation between 2005 and 2017.
The findings add pressure for EU rules that could restrict imports of soy, palm oil and beef from deforestation-linked supply chains. Any tightening would be a longer-term factor for these feed and oil markets rather than an immediate price driver.
trase.earthJames RichensApr 13, 2021After 554 past neutral policy events, Soybeans moved a median +0.0% over 5 sessions (51% higher; middle half -1.4% to +1.6%), and +0.6% over 20.
After 206 past neutral policy events, Soybean Meal moved a median -0.4% over 5 sessions (44% higher; middle half -2.3% to +1.8%), and -0.7% over 20.
After 513 past neutral policy events, Palm Oil moved a median 0.0% over 5 sessions (50% higher; middle half -1.6% to +1.4%), and -0.1% 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.
