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Greenpeace called on the EU to regulate the placing on the market of forest and ecosystem risk commodities, requiring they not stem from natural forest conversion and respect indigenous rights. The Commission plans a proposal in the first quarter of 2021 after an autumn impact assessment.
A future EU rule could restrict imports of soy, beef, palm oil and similar commodities, but the proposal is only at advocacy stage with no binding effect yet.
agenceurope.euAug 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.
