
Brazilian agribusiness representatives from the Ministry of Agriculture, Aprosoja Brasil and Abiove are touring France, Germany, the Netherlands and Belgium. They aim to get Brazil's environmental controls recognised under the EU Deforestation-Free Products Regulation (EUDR), which applies to soy, soymeal, beef, palm oil and other commodities less than two months from now.
The rule requires proof that products are not linked to deforestation after 31 December 2020, even on land legally cleared in the country of origin.
If EUDR compliance becomes costly or uncertain, Brazilian soybean and soymeal could face delays or price discounts in European buyers' markets, which would divert demand toward other origins. Brazil's efforts to secure recognition of its controls aim to limit that risk.
After 369 past bearish policy events, SOY moved a median -0.2% over 5 sessions (46% higher; middle half -1.7% to +1.8%), and +0.8% over 20.
After 223 past bearish policy events, SBM moved a median -0.3% over 5 sessions (45% higher; middle half -2.2% to +1.2%), and -0.6% 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.