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The European Commission committed to ending global deforestation linked to EU imports of agricultural commodities such as palm oil, soy, beef and paper. The article notes that European consumers account for about 10% of global impact on tropical forests and questions whether the commitments will be backed by policy and investment.
Europe's imports of feed-relevant soy and palm products make future deforestation rules a possible source of supply-chain friction, though no binding measures exist yet.
foodnavigator.comKaty AskewJul 25, 2019After 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.
