Loading…
The Nature Conservancy assesses progress on the 2014 New York Declaration on Forests pledge to eliminate deforestation from beef, soy, pulp and paper, and palm oil supply chains by 2020. It finds progress uneven, with deforestation shifting between countries and beef lagging on commitments.
Deforestation-free commitments are a growing demand-side constraint on soy, palm oil and beef sourcing, which could tighten certified supply over time, but the article describes no immediate price shock.
nature.orgDec 6, 2017After 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.
