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Fern welcomed the European Commission's opening to regulating commodity supply chains to curb deforestation. The NGO urged the incoming Commission to introduce laws requiring companies to show that goods such as palm oil, beef, soy and cocoa are free of deforestation and human rights abuses.
A possible future EU regulation on deforestation-linked commodity imports could eventually affect soy and palm oil trade flows, but no binding measure exists yet, so the price impact is minimal.
archive.pfbc-cbfp.orgMay 27, 2020After 1,905 past policy events, SOY 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, SBM 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, PALMOIL 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.
