# Delay to EU deforestation law confirmed after countries approve | Reuters

> EU member states have approved the postponement of the deforestation law, confirming the delay. Critics say the rules could exclude millions of poor, small-scale farmers from the EU market. The US had also criticised the EU for being late to launch a compliance system.

- Date: 2024-12-18 · published 2024-12-18T12:00:00.000Z
- Category: policy · region EU · magnitude low
- Page: https://feedsoft.ai/events/26988-delay-to-eu-deforestation-law-confirmed-after-countries-approve-reuters
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Confirmation of the delay removes near-term uncertainty for exporters of palm oil, soy and cattle products to the EU. Exporters can keep current shipping patterns for another year.

## Read by commodity

- SOY: neutral
- PALMOIL: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| PALMOIL | 2025-11-11 | [EU countries seek another year-long deforestation law delay \| Reuters](https://feedsoft.ai/events/21988-eu-countries-seek-another-year-long-deforestation-law-delay-reuters.md) | +0.6% | +1.0% |
| PALMOIL | 2024-12-17 | [EU Parliament gives final approval to deforestation law delay \| Reuters](https://feedsoft.ai/events/26991-eu-parliament-gives-final-approval-to-deforestation-law-delay-reuters.md) | -2.4% | -12.4% |
| PALMOIL | 2024-12-01 | [EU lawmakers seek change to deforestation law and approve delay](https://feedsoft.ai/events/27445-eu-lawmakers-seek-change-to-deforestation-law-and-approve-delay.md) | +2.8% | -3.1% |
| PALMOIL | 2024-07-05 | [EU resists calls to delay deforestation law, letter shows \| Reuters](https://feedsoft.ai/events/29291-eu-resists-calls-to-delay-deforestation-law-letter-shows-reuters.md) | -2.5% | -1.9% |
| PALMOIL | 2025-05-26 | [Eleven countries demand EU weakens deforestation law further, document shows \| Reuters](https://feedsoft.ai/events/24694-eleven-countries-demand-eu-weakens-deforestation-law-further-document-shows.md) | +2.5% | +5.4% |
| SOY | 2025-11-11 | [EU countries seek another year-long deforestation law delay \| Reuters](https://feedsoft.ai/events/21988-eu-countries-seek-another-year-long-deforestation-law-delay-reuters.md) | +3.7% | -2.6% |
| SOY | 2024-12-17 | [EU Parliament gives final approval to deforestation law delay \| Reuters](https://feedsoft.ai/events/26991-eu-parliament-gives-final-approval-to-deforestation-law-delay-reuters.md) | -1.3% | +6.2% |
| SOY | 2024-12-01 | [EU lawmakers seek change to deforestation law and approve delay](https://feedsoft.ai/events/27445-eu-lawmakers-seek-change-to-deforestation-law-and-approve-delay.md) | +0.4% | -0.8% |

## Sources

- reuters.com: https://www.reuters.com/business/environment/eu-finalises-12-month-delay-deforestation-law-2024-12-18/

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