EU member states called for tough action on deforestation to help meet the 2020 UN goal. Greenpeace said strong EU laws could reduce the footprint of soy, palm oil and beef linked to Amazon deforestation.
Stronger EU deforestation laws could add traceability requirements to soy, palm oil and beef imports. The effect on feed prices would depend on rules that have not yet been written.
After 554 past neutral policy events, SOY moved a median +0.0% over 5 sessions (51% higher; middle half -1.4% to +1.6%), and +0.6% over 20.
After 513 past neutral policy events, PALMOIL 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.