The Round Table on Responsible Soy (RTRS) released version 3.0 of its Soy Production Standard, described as the first multi-stakeholder zero-deforestation certification standard. Producers can certify that their operations have not converted native forests, wetlands or riverbanks.
Certification requirements may favour soy from verified producers in European supply chains, but the effect on soybean and meal prices is likely small.
After 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.