# Responsible sourcing of high-risk commodities: The latest

> FoodNavigator rounds up corporate strategies and policies aimed at reducing deforestation in food supply chains. It notes palm oil, soy, cocoa and coffee are most linked to deforestation and that maize is considered a growing contributor but is not yet covered by the EU rules.

- Date: 2024-08-06 · published 2024-08-06T12:00:00.000Z
- Category: policy · region EU · magnitude low
- Page: https://feedsoft.ai/events/28801-responsible-sourcing-of-high-risk-commodities-the-latest
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md), [Palm Oil](https://feedsoft.ai/c/PALMOIL.md)

## Why it matters

Pressure to add maize to the EUDR could eventually bring corn exports into compliance scope, but no immediate price impact is evident from this roundup.

## Read by commodity

- SOY: neutral
- CORN: neutral
- PALMOIL: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2023-01-23 | [The origins of deforestation-risk commodities linked to the EU market - AidEnvironment](https://feedsoft.ai/events/37814-the-origins-of-deforestation-risk-commodities-linked-to-the-eu-market.md) | -0.4% | -0.6% |
| CORN | 2017-07-19 | [Preventive trade policies restrict export of key agri commodities: stu](https://feedsoft.ai/events/69947-preventive-trade-policies-restrict-export-of-key-agri-commodities-stu.md) | -1.3% | -4.5% |
| CORN | 2017-04-04 | [Opening Statement: Subcommittee Chairman Rick Crawford: General Farm Commodities and Risk Management Subcommittee Hearing: The Next Farm Bill: Commodity Policy Part II \| House Agriculture Committee](https://feedsoft.ai/events/71480-opening-statement-subcommittee-chairman-rick-crawford-general-farm-commodities.md) | -0.2% | +0.2% |
| CORN | 2024-07-15 | [Respecting rights in the USMCA corn dispute \| IATP](https://feedsoft.ai/events/29236-respecting-rights-in-the-usmca-corn-dispute-iatp.md) | -1.5% | -2.1% |
| CORN | 2019-04-05 | [The Unintended Consequences of the Renewable Fuel Standard \| RealClearEnergy](https://feedsoft.ai/events/59466-the-unintended-consequences-of-the-renewable-fuel-standard-realclearenergy.md) | -1.7% | -1.7% |
| SOY | 2023-01-23 | [The origins of deforestation-risk commodities linked to the EU market - AidEnvironment](https://feedsoft.ai/events/37814-the-origins-of-deforestation-risk-commodities-linked-to-the-eu-market.md) | +0.2% | +1.4% |
| SOY | 2021-05-28 | [The relationship between the upcoming EU-level initiatives on horizontal mHREDD and on forest-risk commodities - Nova BHRE](https://feedsoft.ai/events/47104-the-relationship-between-the-upcoming-eu-level-initiatives-on-horizontal-mhredd.md) | +3.0% | -13.5% |
| SOY | 2024-07-09 | [How the EU will limit the sale of commodities that cause deforestation \| Garrigues](https://feedsoft.ai/events/29294-how-the-eu-will-limit-the-sale-of-commodities-that-cause-deforestation-garrigues.md) | -8.2% | -11.1% |

## Sources

- foodnavigator.com: https://www.foodnavigator.com/Article/2024/08/06/responsible-sourcing-of-high-risk-commodities-the-latest/

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