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Dario Dongo's FoodTimes article discusses a public consultation on an EU strategy to address deforestation linked to commodity imports. It cites a 2020 European Parliament resolution calling for strict measures on imports tied to deforestation.
The article argues that international demand for unsustainable agricultural commodities harms environmental, animal and plant health.
A consultation signals that the EU is moving toward import restrictions on deforestation-linked commodities such as soy and palm oil. Any eventual rules would be a longer-term factor for these markets.
foodtimes.euDario DongoApr 4, 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.
