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An article discusses whether the European Union, a major importer of soy, beef, palm oil and other commodities linked to tropical deforestation, could change its policy through a proposed new Action Plan on Deforestation. It notes an EU study attributing 36 per cent of agricultural-commodity deforestation to EU demand.
Proposed EU deforestation rules could eventually tighten sourcing requirements for soy and palm oil imports, a longer-term factor for feed protein and vegetable oil supply costs.
archive.iwmi.orgHerry PurnomoJan 16, 2017After 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.
After 513 past neutral policy events, Palm Oil moved a median 0.0% over 5 sessions (50% higher; middle half -1.6% to +1.4%), and -0.1% 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.
