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A workshop organised by Fediol and Fefac in Brussels on 5 October discussed responsible soy and deforestation, with examples from Brazilian and Argentine farmer organisations. Participants called for downstream buyers to convert deforestation-free commitments into market demand and for EU and national governments to consider environmental subsidies.
The focus was on the Cerrado biome.
If downstream buyers commit to responsible soy demand, a premium for certified soy could develop, though current effects on overall soybean and meal prices are minimal.
demolenaar.nlTessa NederhoffOct 26, 2017After 554 past neutral policy events, Soybeans moved a median +0.0% over 5 sessions (51% higher; middle half -1.4% to +1.6%), and +0.6% over 20.
After 206 past neutral policy events, Soybean Meal moved a median -0.4% over 5 sessions (44% higher; middle half -2.3% to +1.8%), and -0.7% 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.
