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The EU REDD Facility describes how Ivorian cocoa farmers are restoring tree cover as part of zero-deforestation commodity production. It argues that lessons from the EU FLEGT Voluntary Partnership Agreements can help define the enabling conditions for zero-deforestation trade.
The piece is a policy paper on governance rather than a market event.
Improved forest governance in West African cocoa could eventually affect cocoa supply, but cocoa is not in the covered commodity list and the effect on feed markets is negligible.
euredd.efi.intEU REDD FacilityJun 20, 2017
beefcentral.comGuest AuthorJun 16, 2017After 182 past bullish policy events, Wheat (SRW) moved a median +0.1% over 5 sessions (52% higher; middle half -1.9% to +1.4%), and -0.3% over 20.
After 318 past bullish policy events, Corn moved a median -0.1% over 5 sessions (48% higher; middle half -1.4% to +1.5%), and -0.2% over 20.
After 1,905 past policy events, Soybeans moved a median +0.1% over 5 sessions (52% higher; middle half -1.4% to +1.8%), and +0.2% over 20.
After 1,570 past policy events, Palm Oil moved a median +0.2% over 5 sessions (54% higher; middle half -1.1% to +1.6%), and +0.5% 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.
