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The European Commission opened public consultations on the EU Timber Regulation and on a deforestation communication framework, open until 26 November 2020. The notice was relayed by the timber trade body ATIBT.
The consultations concern timber and general deforestation frameworks rather than agricultural feed commodities, so they have negligible direct effect on feed prices.
atibt.orgSep 10, 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.
