# EU resists calls to delay deforestation law, letter shows | Reuters

> The EU is resisting calls from some member states and industry to delay the deforestation law, according to a letter. From December 30, companies selling soy, beef, coffee, palm oil and other products into the bloc must prove their supply chains are not linked to deforestation.

- Date: 2024-07-05 · published 2024-07-05T12:00:00.000Z
- Category: policy · region EU · magnitude medium
- Page: https://feedsoft.ai/events/29291-eu-resists-calls-to-delay-deforestation-law-letter-shows-reuters
- 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

Keeping the December 30 deadline raises compliance costs for soy and palm oil exporters to Europe, which could support segregated premiums and slightly reduce EU-bound demand for non-compliant supply.

## Read by commodity

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

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| 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% |
| SOY | 2025-07-07 | [EU countries seek more cuts to deforestation rules, letter shows](https://feedsoft.ai/events/23774-eu-countries-seek-more-cuts-to-deforestation-rules-letter-shows.md) | -4.9% | -8.9% |
| SOY | 2025-11-11 | [EU countries seek another year-long deforestation law delay \| Reuters](https://feedsoft.ai/events/21988-eu-countries-seek-another-year-long-deforestation-law-delay-reuters.md) | +3.7% | -2.6% |
| SOY | 2024-12-17 | [EU Parliament gives final approval to deforestation law delay \| Reuters](https://feedsoft.ai/events/26991-eu-parliament-gives-final-approval-to-deforestation-law-delay-reuters.md) | -1.3% | +6.2% |
| SOY | 2024-12-01 | [EU lawmakers seek change to deforestation law and approve delay](https://feedsoft.ai/events/27445-eu-lawmakers-seek-change-to-deforestation-law-and-approve-delay.md) | +0.4% | -0.8% |
| PALMOIL | 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) | -2.1% | -12.9% |
| PALMOIL | 2025-07-07 | [EU countries seek more cuts to deforestation rules, letter shows](https://feedsoft.ai/events/23774-eu-countries-seek-more-cuts-to-deforestation-rules-letter-shows.md) | +0.8% | +2.7% |
| PALMOIL | 2025-11-11 | [EU countries seek another year-long deforestation law delay \| Reuters](https://feedsoft.ai/events/21988-eu-countries-seek-another-year-long-deforestation-law-delay-reuters.md) | +0.6% | +1.0% |

## Sources

- reuters.com: https://www.reuters.com/sustainability/eu-resists-calls-delay-deforestation-law-letter-shows-2024-07-05/

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