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At the 5th Workshop on Responsible Soy and Deforestation in Brussels, participants called for downstream buyers to convert deforestation-free commitments into concrete market demand. Brazilian officials described stricter environmental enforcement and the Rural Environmental Registry.
Stronger demand for certified responsible soy could create premiums for compliant Brazilian soybeans and meal, but the effect on overall soy price levels is limited at this stage.
foodagribusiness.worldfefacNov 8, 2017After 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.
