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German biodiesel policy changes could mean biodiesel is no longer counted as a greenhouse gas reduction contribution. If rapeseed oil demand for biodiesel shrinks as a result, rapeseed cultivation and the meal byproduct supply would decline.
Lower biodiesel-driven crush demand would reduce rapeseed meal output, a protein feed supply, tightening meal availability and supporting meal prices over time.
zmp.deDec 29, 2020Not enough comparable past events yet for a historical read.
After 172 past bullish policy events, SBM moved a median +0.0% over 5 sessions (50% higher; middle half -1.5% to +1.7%), and -0.8% 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.
