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GIZ and Conservation International held a Brussels event on 26 February on deforestation-free agricultural supply chains. About 100 stakeholders attended, following the EU Commission's communication and public consultation covering palm oil, soy, coffee and cocoa.
The event is a discussion forum with no new policy, so it has little direct effect on feed commodity supply or prices.
giz.deFeb 26, 2019After 1,905 past policy events, Soybeans moved a median +0.1% over 5 sessions (52% higher; middle half -1.4% to +1.8%), and +0.2% over 20.
After 734 past policy events, Soybean Meal moved a median -0.2% over 5 sessions (46% higher; middle half -1.9% to +1.6%), and -0.4% over 20.
After 1,570 past policy events, Palm Oil moved a median +0.2% over 5 sessions (54% higher; middle half -1.1% to +1.6%), and +0.5% 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.
