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The Forest 500 report found voluntary corporate commitments have not delivered deforestation-free supply chains. The article argues that EU due diligence legislation could be tabled as early as next year.
It describes the concept of due diligence and what it would require of companies.
Mandatory due diligence would push traders and processors to document origins of soy and palm oil, which could tighten compliant supply. The proposal is not yet law, so price impact is limited for now.
forest500.orgEPLS DesignFeb 25, 2020After 554 past neutral policy events, Soybeans moved a median +0.0% over 5 sessions (51% higher; middle half -1.4% to +1.6%), and +0.6% over 20.
After 513 past neutral policy events, Palm Oil moved a median 0.0% over 5 sessions (50% higher; middle half -1.6% to +1.4%), and -0.1% 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.
