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Global Canopy and SEI launched the Trase Yearbook 2020, which maps the companies, regions and supply chains driving tropical deforestation in beef, soy and palm oil. It says over half of soy-linked deforestation is concentrated in a few hotspots and companies.
Identifying concentrated deforestation hotspots may lead buyers to target specific beef, soy and palm origins, influencing sourcing decisions for feed ingredients.
globalcanopy.orgJun 2, 2020After 563 past neutral report events, Soybeans moved a median -0.1% over 5 sessions (48% higher; middle half -1.7% to +1.6%), and -0.1% over 20.
After 66 past neutral report events, Palm Oil moved a median +0.2% over 5 sessions (58% higher; middle half -0.4% to +2.0%), and +2.2% over 20.
After 78 past neutral report events, Live Cattle moved a median +0.2% over 5 sessions (54% higher; middle half -1.0% to +1.0%), and +0.7% 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.
