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A National Wildlife Federation blog post describes the EU's proposed policy to prevent deforestation-linked products from entering the EU market. It says the regulation is expected to be adopted in the second quarter of 2021 and that approaches under consideration include due diligence, certification or labelling.
The article also says 36% of globally traded deforestation-linked products were imported to the EU between 1990 and 2008.
Pending EU rules on deforestation-linked products could affect imports of soy, palm oil and beef. The impact on feed commodity prices depends on which regulatory approach is chosen.
blog.nwf.orgShelby ClementeApr 2, 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 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.
