# Parliamentary question | Answer for question E-002035/24 | E-002035/2024(ASW) | European Parliament

> The European Commission answered a parliamentary question on EU-Mercosur trade, stating the EU is the largest agri-food exporter with a EUR 70 billion surplus in 2023. It said the trade deal's sustainability chapter, including deforestation commitments, is binding and enforceable.

- Date: 2025-03-03 · published 2025-03-03T12:00:00.000Z
- Category: trade · region EU/Mercosur · magnitude low
- Page: https://feedsoft.ai/events/25596-parliamentary-question-answer-for-question-e-002035-24-e-002035-2024-asw
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Palm Oil](https://feedsoft.ai/c/PALMOIL.md)

## Why it matters

Enforceable deforestation terms in the EU-Mercosur deal bear on future South American soy and beef supply to Europe. The answer confirms policy direction but sets no immediate price change.

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2019-02-22 | [Trump Administration Tariff Actions (Sections 201, 232, and 301): Frequently Asked Questions](https://feedsoft.ai/events/60474-trump-administration-tariff-actions-sections-201-232-and-301-frequently-asked.md) | -1.5% | -0.1% |
| SOY | 2025-10-31 | [In recent weeks, prices for soybean meal across Europe have sharply increased.](https://feedsoft.ai/events/5766-in-recent-weeks-prices-for-soybean-meal-across-europe-have-sharply-increased.md) | +0.0% | +4.3% |
| SOY | 2025-05-27 | [Retaliatory Tariffs on U.S. Agriculture and USDA’s Responses: Frequently Asked Questions - EveryCRSReport.com](https://feedsoft.ai/events/14665-retaliatory-tariffs-on-u-s-agriculture-and-usda-s-responses-frequently-asked.md) | -2.5% | -1.3% |
| SOY | 2023-06-02 | [Easing of China’s soybean appetite puts Brazil crop growth into question](https://feedsoft.ai/events/14832-easing-of-china-s-soybean-appetite-puts-brazil-crop-growth-into-question.md) | +2.5% | +17.1% |
| SOY | 2017-05-11 | [Secretary Perdue Announces Creation of Undersecretary for Trade \| USDA](https://feedsoft.ai/events/71001-secretary-perdue-announces-creation-of-undersecretary-for-trade-usda.md) | +1.5% | -2.5% |
| SBM | 2017-02-06 | [Commission, February 6, 2017, No M.8199 - EUROPEAN COMMISSION • Livv](https://feedsoft.ai/events/72621-commission-february-6-2017-no-m-8199-european-commission-livv.md) | +3.2% | -0.7% |
| SBM | 2019-02-22 | [Trump Administration Tariff Actions (Sections 201, 232, and 301): Frequently Asked Questions](https://feedsoft.ai/events/60474-trump-administration-tariff-actions-sections-201-232-and-301-frequently-asked.md) | -1.2% | +3.1% |
| SBM | 2025-10-31 | [In recent weeks, prices for soybean meal across Europe have sharply increased.](https://feedsoft.ai/events/5766-in-recent-weeks-prices-for-soybean-meal-across-europe-have-sharply-increased.md) | -0.1% | -0.8% |

## Sources

- europarl.europa.eu: https://www.europarl.europa.eu/doceo/document/E-10-2024-002035-ASW_EN.html

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