# EU deforestation law: Council agrees to extend application timeline

> The EU Council agreed its position to postpone the application date of the EU Deforestation Regulation by 12 months. If Parliament approves, obligations would apply from 30 December 2025 for large operators and traders, and from 30 June 2026 for micro and small enterprises.

- Date: 2024-10-16 · published 2024-10-16T12:00:00.000Z
- Category: policy · region EU · magnitude medium
- Page: https://feedsoft.ai/events/27892-eu-deforestation-law-council-agrees-to-extend-application-timeline
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

The delay pushes back compliance costs and segregation requirements for soy, palm oil, cocoa, coffee and cattle exports to the EU, easing near-term pressure on those supply chains. Palm oil is the most directly affected, so the delay is mildly supportive to its prices.

## Read by commodity

- SOY: neutral
- PALMOIL: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| PALMOIL | 2023-02-09 | [Indonesia, Malaysia to send palm oil envoys to EU over deforestation law](https://feedsoft.ai/events/37353-indonesia-malaysia-to-send-palm-oil-envoys-to-eu-over-deforestation-law.md) | -2.2% | +0.6% |
| PALMOIL | 2024-10-02 | [EU proposes to delay landmark anti-deforestation law by 12 months](https://feedsoft.ai/events/27893-eu-proposes-to-delay-landmark-anti-deforestation-law-by-12-months.md) | +3.6% | +5.8% |
| PALMOIL | 2023-11-09 | [Indonesia, Malaysia seek more time to implement EU anti-deforestation law \| Euractiv](https://feedsoft.ai/events/33208-indonesia-malaysia-seek-more-time-to-implement-eu-anti-deforestation-law.md) | +3.4% | -1.1% |
| PALMOIL | 2019-10-22 | [Coalition Urges EU To Designate Sarawak-state As ‘High-Risk’ Under New Deforestation Law](https://feedsoft.ai/events/56580-coalition-urges-eu-to-designate-sarawak-state-as-high-risk-under-new.md) | +1.3% | +16.9% |
| PALMOIL | 2025-01-31 | [Critical Moment for the EU Anti-Deforestation Law \| Human Rights Watch](https://feedsoft.ai/events/26536-critical-moment-for-the-eu-anti-deforestation-law-human-rights-watch.md) | +2.1% | +6.1% |
| SOY | 2024-11-20 | [EU deforestation law: Council reconfirms its agreement to extend application timeline](https://feedsoft.ai/events/27443-eu-deforestation-law-council-reconfirms-its-agreement-to-extend-application.md) | -1.5% | -4.7% |
| SOY | 2024-12-03 | [Deforestation law: agreement with Council gives companies extra year to comply](https://feedsoft.ai/events/26989-deforestation-law-agreement-with-council-gives-companies-extra-year-to-comply.md) | +0.5% | +1.3% |
| SOY | 2024-12-18 | [Delay to EU deforestation law confirmed after countries approve \| Reuters](https://feedsoft.ai/events/26988-delay-to-eu-deforestation-law-confirmed-after-countries-approve-reuters.md) | -0.2% | +4.3% |

## Sources

- consilium.europa.eu: https://www.consilium.europa.eu/en/press/press-releases/2024/10/16/eu-deforestation-law-council-agrees-to-extend-application-timeline/pdf/

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