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A Chalmers University study finds that about one-sixth of the carbon footprint of the average EU diet is linked to tropical deforestation, with commodities traded through global supply chains. The EU is preparing an initiative to address imported commodities linked to deforestation.
Growing pressure on imports tied to deforestation could eventually restrict soy, beef and palm oil flows into the EU, but the study itself does not change current trade flows or prices.
news.mongabay.comGenevieve BelmakerApr 11, 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.
