# The EU’s new anti-deforestation law has severe loopholes that could be exploited by the forthcoming EU-MERCOSUR trade agreement - IOPscience

> A peer-reviewed study in Environmental Research Letters argues the EUDR contains loopholes that could increase trade in deforestation-linked agricultural goods, and that ratification of the EU-Mercosur trade agreement could exploit them. The authors are from Karlsruhe Institute of Technology and the University of Edinburgh.

- Date: 2024-08-13 · published 2024-08-13T12:00:00.000Z
- Category: policy · region EU · magnitude low
- Page: https://feedsoft.ai/events/28803-the-eu-s-new-anti-deforestation-law-has-severe-loopholes-that-could-be
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

If Mercosur trade expands alongside weak EUDR enforcement, Brazilian and Argentine soy and meal could gain EU market share, a longer-term bearish factor for other suppliers.

## Read by commodity

- SBM: neutral
- SOY: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2021-12-23 | [The EU has a new deforestation law: here’s what it means \| ClientEarth](https://feedsoft.ai/events/43616-the-eu-has-a-new-deforestation-law-here-s-what-it-means-clientearth.md) | -0.1% | +6.4% |
| SOY | 2022-05-04 | [Deforestation: what could be the market impact of new EU ban?](https://feedsoft.ai/events/41420-deforestation-what-could-be-the-market-impact-of-new-eu-ban.md) | -1.7% | +1.9% |
| SOY | 2023-02-22 | [Food companies under pressure to source deforestation-free products under new EU law \| articles \| ING THINK](https://feedsoft.ai/events/37352-food-companies-under-pressure-to-source-deforestation-free-products-under-new.md) | -3.8% | -5.3% |
| SOY | 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) | +1.6% | -3.1% |
| SOY | 2021-10-26 | [Reducing scope of EU anti-deforestation law misguided, say scientists \| Deforestation \| The Guardian](https://feedsoft.ai/events/44586-reducing-scope-of-eu-anti-deforestation-law-misguided-say-scientists.md) | -0.0% | +3.0% |
| SBM | 2023-02-22 | [Food companies under pressure to source deforestation-free products under new EU law \| articles \| ING THINK](https://feedsoft.ai/events/37352-food-companies-under-pressure-to-source-deforestation-free-products-under-new.md) | -2.2% | -7.2% |
| SBM | 2023-09-01 | [Global impact of the EU’s anti-deforestation law](https://feedsoft.ai/events/34617-global-impact-of-the-eu-s-anti-deforestation-law.md) | -3.5% | -5.8% |
| SBM | 2021-05-06 | [EU must show ambitious action in proposed new law to tackle the bloc’s deforestation footprint - EIA](https://feedsoft.ai/events/47102-eu-must-show-ambitious-action-in-proposed-new-law-to-tackle-the-bloc-s.md) | +5.8% | -6.7% |

## Sources

- google.iopscience.iop.org: https://google.iopscience.iop.org/article/10.1088/1748-9326/ad69ab

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