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Fern argues that EU demand for soy is driving deforestation in Brazil, noting the EU imports about 14 million tonnes of Brazilian soybeans, mostly for animal feed. The article was published ahead of the Tropical Forest Alliance 2020 assembly in Brasilia.
It is an advocacy piece with no new policy decision, so its price impact is limited, though it reflects pressure that could eventually constrain EU soy and soymeal imports from Brazil.
fern.orgPaulo Barreto, Nicole PolstererApr 7, 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.
