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Researchers Olivier De Schutter, Oscar Rivas and Karin Nansen criticise the EU Common Agricultural Policy debate for focusing on budget size rather than sustainable food systems. They welcome the German-Hungarian European Soya Declaration, which seeks more EU protein feed production, especially soy, in Central and Eastern Europe.
A policy push to expand European soy and protein feed production could over time reduce reliance on imported soybean meal, a mildly bearish factor for import demand.
ipes-food.orgglynthomasNov 7, 2017After 223 past bearish policy events, Soybean Meal moved a median -0.3% over 5 sessions (45% higher; middle half -2.2% to +1.2%), and -0.6% 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.
