
Global Canopy reviews progress by the Amsterdam Declaration countries toward eliminating deforestation from supply chains by 2020. It notes Europe's large overseas deforestation footprint from beef, soy, palm oil and timber imports.
Voluntary and policy commitments to deforestation-free supply chains may gradually raise sourcing costs for soy, palm oil and beef, but the review is an assessment with no direct price impact.
After 563 past neutral report events, Soybeans moved a median -0.1% over 5 sessions (48% higher; middle half -1.7% to +1.6%), and -0.1% over 20.
After 66 past neutral report events, Palm Oil moved a median +0.2% over 5 sessions (58% higher; middle half -0.4% to +2.0%), and +2.2% over 20.
After 78 past neutral report events, Live Cattle moved a median +0.2% over 5 sessions (54% higher; middle half -1.0% to +1.0%), and +0.7% 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.