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Nonprofit groups are deploying data tools to trace the origins of palm oil, soy, timber and beef and hold companies to their deforestation pledges. The article uses the Trase launch as its example.
Stricter sourcing verification could raise compliance costs for palm oil and soy supply chains. The effect on prices is gradual and uncertain.
e360.yale.eduFred PearceDec 8, 2016After 66 past neutral report events, Palm Oil moved a median +0.2% over 5 sessions (58% higher; middle half -0.4% to +2.0%), and +2.2% over 20.
After 563 past neutral report events, Soybeans moved a median -0.1% over 5 sessions (48% higher; middle half -1.7% to +1.6%), 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.
