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A legal blog post by Enrico Partiti analyses the European Parliament's ENVI committee vote on binding legislation against EU-driven global deforestation. It describes the proposed Regulation on Forest and Ecosystem Risk Commodities and its due diligence approach.
The post is legal commentary on a proposal that may eventually affect soy and palm oil imports, but it adds no new price-relevant facts.
sub.asser.nlAntoine DuvalOct 20, 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.
