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The European Parliament's Environment Committee debated the Commission's July deforestation plan with Commission officials on September 5, 2019. MEPs called for regulation of deforestation-linked imports and questioned the Mercosur trade deal, and the committee will prepare an own-initiative report.
Parliamentary momentum for import regulation raises the odds of future EU limits on soy and other commodities, but no decision has been made, so there is no immediate price impact.
agenceurope.euSep 4, 2019After 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.
