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The Environmental Investigation Agency submitted written evidence to the UK Environment Bill, urging stronger rules to keep UK supply chains free of deforestation and environmental degradation. It recommends legally requiring due diligence on commodities.
The submission is dated March 2020 and was published with the Bill's 3 November 2020 session.
The evidence is advocacy for tighter UK import rules and does not set a rule itself, so it has little direct effect on feed commodity prices.
publications.parliament.ukNov 3, 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.
