A Philippine business roundup reports that the EU Deforestation Regulation has had minimal impact on Philippine agricultural exports. It also covers bank economists' warnings that inflation could exceed 8% in November and December, driven by fuel prices and El Niño food-supply risks.
Limited EUDR impact means little change to agricultural trade flows. Rising inflation and El Niño risk point to tighter food supply in the Philippines.
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 734 past policy events, Soybean Meal moved a median -0.2% over 5 sessions (46% higher; middle half -1.9% to +1.6%), and -0.4% 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.