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A report from EDF and Forest Trends presents case studies of company and government collaboration to halt deforestation in Brazil and Indonesia. It notes 447 companies have made 760 deforestation commitments tied to cattle, palm oil, soy and wood products.
Corporate deforestation-free commitments may gradually shape sourcing for soy, palm oil and beef, but this report has no immediate price effect.
eco-business.comMike Gaworecki, Mongabay.comAug 7, 2017After 2,389 past report events, Soybeans moved a median 0.0% over 5 sessions (50% higher; middle half -1.6% to +1.9%), and +0.1% over 20.
After 1,283 past report events, Soybean Meal moved a median -0.1% over 5 sessions (47% higher; middle half -2.0% to +1.7%), and -0.2% over 20.
After 349 past report events, Palm Oil moved a median +0.3% over 5 sessions (55% higher; middle half -1.0% to +2.0%), and +0.6% 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.
