# CLECAT | EU DEFORESTATION DATA POSES RISKS TO IMPORTS

> CLECAT, the European logistics trade association, warns that the EUDR will require logistics providers to verify and document that goods they handle are deforestation-free. Non-compliant shipments could face delays, fines or confiscation ahead of the December 30, 2024 start date.

- Date: 2024-08-23 · published 2024-08-23T12:00:00.000Z
- Category: logistics · region EU · magnitude low
- Page: https://feedsoft.ai/events/28807-clecat-eu-deforestation-data-poses-risks-to-imports
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Palm Oil](https://feedsoft.ai/c/PALMOIL.md), [Ocean Grain Freight](https://feedsoft.ai/c/OCEANFRT.md)

## Why it matters

Added documentation and clearance delays at EU ports could slow soy and palm oil shipments, a modest logistics cost factor for importers.

## Read by commodity

- SOY: neutral
- PALMOIL: neutral
- OCEANFRT: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2017-05-03 | [Coast Guard closes portion of Upper Mississippi River to all vessel traffic – Illinois Business Journal](https://feedsoft.ai/events/71173-coast-guard-closes-portion-of-upper-mississippi-river-to-all-vessel-traffic.md) | +0.8% | -4.4% |
| SOY | 2018-11-09 | [Report Touts Containerization For Soy Exports - The Waterways Journal](https://feedsoft.ai/events/61944-report-touts-containerization-for-soy-exports-the-waterways-journal.md) | +2.4% | +4.9% |
| SOY | 2019-04-05 | [Grain Journal \| Transportation Impacts of Midwest Flooding](https://feedsoft.ai/events/59482-grain-journal-transportation-impacts-of-midwest-flooding.md) | -1.2% | -8.5% |
| SOY | 2018-12-14 | [Transportation Challenges May Increase Elevator Costs in 2019 -](https://feedsoft.ai/events/61754-transportation-challenges-may-increase-elevator-costs-in-2019.md) | -1.5% | -1.8% |
| SOY | 2020-07-20 | [Argentina's loss in soy oil exports due to Paraná river drought is Brazil's gain - DatamarNews](https://feedsoft.ai/events/51948-argentina-s-loss-in-soy-oil-exports-due-to-parana-river-drought-is-brazil-s.md) | +0.8% | +0.6% |
| PALMOIL | 2019-05-22 | [POIC Lahad Datu designated as Tender Port for CPO, Palm Olein Futures \| Borneo Post Online](https://feedsoft.ai/events/59203-poic-lahad-datu-designated-as-tender-port-for-cpo-palm-olein-futures-borneo.md) | 0.0% | -0.6% |
| PALMOIL | 2026-07-28 | [Sunflower processors lower purchase prices due to uncertainty with oil logistics.](https://feedsoft.ai/events/18461-sunflower-processors-lower-purchase-prices-due-to-uncertainty-with-oil-logistics.md) | +0.8% | +4.8% |

## Sources

- clecat.org: https://www.clecat.org/en/news/newsletters/eu-deforestation-data-poses-risks-to-imports-2

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