
On November 26 the European Parliament voted 402 to 250 for an amendment that delays the EUDR to December 30, 2026, with a grace period for small businesses to June 30, 2027. The amendment also removes printed books and newspapers from scope and exempts some small low-risk operators.
The amendment still needs ratification.
The one-year delay and new exemptions reduce near-term traceability requirements for soy, beef, cocoa and palm oil entering the EU. This lowers the likelihood of an immediate compliance-driven price premium in 2026.
After 369 past bearish policy events, Soybeans moved a median -0.2% over 5 sessions (46% higher; middle half -1.7% to +1.8%), and +0.8% 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.