# European Union Deforestation Regulation: What US companies should know

> DLA Piper's guide explains that the EU Deforestation Regulation (EUDR) bars import, sale or export of covered commodities unless they are deforestation-free, legally produced and backed by a due diligence statement. An update notes that on November 14, 2024 the European Parliament approved a 12-month extension, moving enforcement to December 30, 2025, with a further extension to June 30, 2026 for micro and small enterprises.

- Date: 2024-09-01 · published 2024-09-01T12:00:00.000Z
- Category: policy · region EU · magnitude low
- Page: https://feedsoft.ai/events/28327-european-union-deforestation-regulation-what-us-companies-should-know
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Palm Oil](https://feedsoft.ai/c/PALMOIL.md), [Live Cattle](https://feedsoft.ai/c/LCATTLE.md)

## Why it matters

Compliance and traceability costs for soy, palm oil and cattle products entering the EU may reduce EU import demand and slow flows from exporters, which weighs on prices for these products; the delay eases that pressure in the near term.

## Read by commodity

- SOY: neutral
- LCATTLE: neutral
- PALMOIL: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2024-12-04 | [The EU Deforestation Regulation: an update and what it means for companies](https://feedsoft.ai/events/26993-the-eu-deforestation-regulation-an-update-and-what-it-means-for-companies.md) | +0.3% | +0.8% |
| SOY | 2026-10-18 | [EU Deforestation Regulation: What Shippers Need to Know](https://feedsoft.ai/events/17136-eu-deforestation-regulation-what-shippers-need-to-know.md) | -0.4% | — |
| SOY | 2024-02-22 | [European Union Deforestation Free Regulation (EUDR) - SGS e-Customs](https://feedsoft.ai/events/31733-european-union-deforestation-free-regulation-eudr-sgs-e-customs.md) | -2.3% | +4.2% |
| SOY | 2024-09-26 | [Is the European Union Deforestation Regulation WTO-Proof? – ECIPE](https://feedsoft.ai/events/28330-is-the-european-union-deforestation-regulation-wto-proof-ecipe.md) | +0.3% | -5.3% |
| SOY | 2026-08-06 | [European Union Deforestation Regulation (EUDR)- Scope Changes Announced  - BDO](https://feedsoft.ai/events/17927-european-union-deforestation-regulation-eudr-scope-changes-announced-bdo.md) | +1.2% | +13.0% |
| PALMOIL | 2024-12-04 | [The EU Deforestation Regulation: an update and what it means for companies](https://feedsoft.ai/events/26993-the-eu-deforestation-regulation-an-update-and-what-it-means-for-companies.md) | -0.7% | -14.6% |
| PALMOIL | 2026-10-18 | [EU Deforestation Regulation: What Shippers Need to Know](https://feedsoft.ai/events/17136-eu-deforestation-regulation-what-shippers-need-to-know.md) | +0.4% | — |
| PALMOIL | 2024-02-22 | [European Union Deforestation Free Regulation (EUDR) - SGS e-Customs](https://feedsoft.ai/events/31733-european-union-deforestation-free-regulation-eudr-sgs-e-customs.md) | +0.3% | +9.6% |

## Sources

- dlapiper.com: https://www.dlapiper.com/en/insights/publications/2024/09/european-union-deforestation-regulation

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