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A Fern commentary argues that government regulation is needed to end agriculture-driven tropical deforestation, citing research that at least 10 million hectares of tropical forest are lost or degraded annually. It notes more than 470 food and agriculture companies have pledged no-deforestation supply chains by 2020, but commitments are weak.
Calls for EU regulation of commodities such as soy, palm oil and beef signal possible future import constraints, but no binding measure is announced, so price impact is minimal.
news.mongabay.comMike GaworeckiJun 26, 2018After 400 past bearish policy events, Palm Oil moved a median -0.0% over 5 sessions (49% higher; middle half -1.3% to +1.1%), and +0.2% over 20.
After 369 past bearish policy events, Soybeans moved a median -0.2% over 5 sessions (46% higher; middle half -1.7% to +1.8%), and +0.8% 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.
