# EU Adds Palm Oil for Medicines, Soy Seeds to Deforestation Carve-Out - Bloomberg

> The EU plans to exempt palm oil derivatives used in medicines and soybeans used for sowing from its deforestation regulation. The move is an attempt to reduce the law's impact on sensitive sectors.

- Date: 2026-06-30 · published 2026-06-30T12:00:00.000Z
- Category: policy · region EU · magnitude low
- Page: https://feedsoft.ai/events/18815-eu-adds-palm-oil-for-medicines-soy-seeds-to-deforestation-carve-out-bloomberg
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Exempting these derivatives and seed soybeans narrows EUDR compliance burdens, slightly easing feared supply restrictions for palm and soy into Europe; the price effect is minor.

## Read by commodity

- SOY: neutral
- PALMOIL: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| PALMOIL | 2016-11-16 | [MEP calls for EU trade to tackle palm oil driven deforestation](https://feedsoft.ai/events/73862-mep-calls-for-eu-trade-to-tackle-palm-oil-driven-deforestation.md) | +0.7% | +6.8% |
| PALMOIL | 2021-09-20 | [European Commission to ban beef, soy and palm oil imports linked to deforestation \| Eurogroup for Animals](https://feedsoft.ai/events/45103-european-commission-to-ban-beef-soy-and-palm-oil-imports-linked-to.md) | +1.0% | +12.6% |
| PALMOIL | 2018-11-12 | [EU states call for tough action on deforestation to meet 2020 UN goal](https://feedsoft.ai/events/62079-eu-states-call-for-tough-action-on-deforestation-to-meet-2020-un-goal.md) | -2.3% | -2.3% |
| PALMOIL | 2023-08-09 | [World’s Top Food Producers Push Back on Deforestation Rules - Bloomberg](https://feedsoft.ai/events/34615-world-s-top-food-producers-push-back-on-deforestation-rules-bloomberg.md) | +0.8% | +2.5% |
| PALMOIL | 2022-05-24 | [Palm oil industry seeks delay to deforestation law - Unearthed](https://feedsoft.ai/events/41421-palm-oil-industry-seeks-delay-to-deforestation-law-unearthed.md) | +0.7% | -14.0% |
| SOY | 2021-09-20 | [European Commission to ban beef, soy and palm oil imports linked to deforestation \| Eurogroup for Animals](https://feedsoft.ai/events/45103-european-commission-to-ban-beef-soy-and-palm-oil-imports-linked-to.md) | +0.1% | -5.2% |
| SOY | 2018-11-12 | [EU states call for tough action on deforestation to meet 2020 UN goal](https://feedsoft.ai/events/62079-eu-states-call-for-tough-action-on-deforestation-to-meet-2020-un-goal.md) | +1.9% | +4.5% |
| SOY | 2020-07-10 | [EU’s trade deals can put an end to deforestation](https://feedsoft.ai/events/52143-eu-s-trade-deals-can-put-an-end-to-deforestation.md) | -0.5% | -1.9% |

## Sources

- bloomberg.com: https://www.bloomberg.com/news/articles/2026-06-30/eu-adds-palm-oil-for-drugs-soy-seeds-to-deforestation-carve-out

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.