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Fern commentary reviews the EU's newly released communications on its plans to meet the UN Sustainable Development Goals, arguing forests are underplayed. The article questions what details are omitted from the plans.
EU sustainability commitments may later shape commodity sourcing rules, but this commentary describes no concrete measure that would move feed or oilseed prices.
fern.orgIndra Van GisbergenNov 23, 2016After 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.
