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Trase argues the EU needs greater transparency in its imports of forest-risk commodities to reduce tropical deforestation. It cites EU soy imports from Brazil of about 13 million tons in 2017 and notes cattle as the largest driver of deforestation.
Possible future EU rules on deforestation-linked commodities could eventually restrict soy and palm oil flows, but this commentary describes no immediate policy change affecting prices.
trase.earthMar 4, 2019After 206 past neutral policy events, Soybean Meal moved a median -0.4% over 5 sessions (44% higher; middle half -2.3% to +1.8%), and -0.7% 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.
