
Fern published a summary of webinars on EU and UK consultations on proposals to halt deforestation. Participants called for rules covering all company sizes, human rights due diligence, and engagement with China and India.
Proposed EU and UK rules on forest-risk commodities could eventually restrict soy and other feed inputs, but the proposals are still at consultation stage, so near-term price impact is limited.
After 172 past bullish policy events, Soybean Meal 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.