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A webinar was announced for 4 November 2020 to discuss the European Parliament's initiative on deforestation, including its substance, enforcement and compatibility with international trade law. The event notes that agricultural production drives most global tree cover loss.
No new policy decision was reported.
This is an event notice with no new policy action, so it does not change supply or demand for feed commodities.
sub.asser.nlAntoine DuvalNov 4, 2020After 1,905 past policy events, Soybeans moved a median +0.1% over 5 sessions (52% higher; middle half -1.4% to +1.8%), and +0.2% over 20.
After 734 past policy events, Soybean Meal moved a median -0.2% over 5 sessions (46% higher; middle half -1.9% to +1.6%), and -0.4% over 20.
After 1,570 past policy events, Palm Oil moved a median +0.2% over 5 sessions (54% higher; middle half -1.1% to +1.6%), and +0.5% 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.
