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SEI and Global Canopy researchers argue that traceable supply chains are needed to halt deforestation linked to soy and other commodities. They note that soy production has grown from about 27 million to about 350 million metric tons since 1960, and that China and the EU are the main export markets.
Growing demand for traceable soy, and the expansion into Brazil's Cerrado, could raise compliance costs for soy meal supply over time. Their commentary is not a near-term price driver.
sei.orgChris WestNov 9, 2018After 250 past neutral trade events, Soybeans moved a median +0.0% over 5 sessions (50% higher; middle half -1.4% to +1.6%), and -0.2% over 20.
After 224 past neutral trade events, Soybean Meal moved a median -0.2% over 5 sessions (43% higher; middle half -1.7% to +1.2%), 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.
