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France has finalized its National Strategy to Fight Imported Deforestation, targeting deforestation linked to imports by 2030. Commodities covered include palm oil, soy, rubber, beef, maize, cocoa, coffee and timber.
The strategy proposes stronger corporate transparency and a review of EU non-financial reporting rules.
Tighter import scrutiny for soy, maize and palm oil into France could raise compliance costs and shift sourcing toward certified supply, a modest upward pressure on feed-relevant commodity prices.
spott.orgClaire SalisburyJan 8, 2019After 356 past bullish policy events, Soybeans moved a median +0.1% over 5 sessions (53% higher; middle half -1.2% to +2.3%), and -0.9% over 20.
After 548 past bullish policy events, Palm Oil moved a median +0.4% over 5 sessions (61% higher; middle half -0.7% to +2.1%), and +0.9% over 20.
After 318 past bullish policy events, Corn moved a median -0.1% over 5 sessions (48% higher; middle half -1.4% to +1.5%), and -0.2% 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.
