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An international NGO coalition, led by Fern, urged the EU to end its role in Amazon destruction on Bolsonaro's 100th day in office. The coalition says Amazon deforestation rose 54% in January 2019 versus the prior year, and cites soy and beef as drivers.
Pressure to restrict Brazilian soy and beef imports into the EU adds regulatory risk to Brazilian exports, though no measure has been adopted yet.
bioenergyinternational.comApr 10, 2019After 553 past neutral policy events, SOY moved a median +0.1% over 5 sessions (51% higher; middle half -1.4% to +1.6%), and +0.6% over 20.
After 206 past neutral policy events, SBM moved a median -0.4% over 5 sessions (44% higher; middle half -2.3% to +1.8%), and -0.7% over 20.
After 102 past neutral policy events, LCATTLE moved a median +0.6% over 5 sessions (63% higher; middle half -0.7% to +1.2%), and +1.3% 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.
