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Fern welcomed the EU Member States' request that the Commission assess regulatory measures to reduce the EU's consumption footprint on land. The NGO called for a mandatory due diligence law covering imports linked to deforestation.
This is advocacy commentary on possible future regulation; it signals rising odds of tighter rules on deforestation-linked commodities such as palm oil and soy but does not itself change supply or demand.
fern.orgDec 16, 2019After 400 past bearish policy events, Palm Oil moved a median -0.0% over 5 sessions (49% higher; middle half -1.3% to +1.1%), and +0.2% over 20.
After 369 past bearish policy events, Soybeans moved a median -0.2% over 5 sessions (46% higher; middle half -1.7% to +1.8%), and +0.8% 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.
