# How the EU will limit the sale of commodities that cause deforestation | Garrigues

> A Garrigues legal note explains that most EU deforestation regulation obligations apply from December 30, 2024. The rule covers cattle, cocoa, coffee, oil palm, rubber, soya and wood, requiring deforestation-free status, legal production and a due diligence statement.

- Date: 2024-07-09 · published 2024-07-09T12:00:00.000Z
- Category: policy · region EU · magnitude low
- Page: https://feedsoft.ai/events/29294-how-the-eu-will-limit-the-sale-of-commodities-that-cause-deforestation-garrigues
- 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

Clear obligations for placing soy, cattle-derived and palm products on the EU market could shift sourcing toward verified origins and affect EU import flows.

## Read by commodity

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

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| 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 | 2024-01-15 | [EU Deforestation Regulation: considerations for commodities traders - Lexology](https://feedsoft.ai/events/32131-eu-deforestation-regulation-considerations-for-commodities-traders-lexology.md) | +1.5% | -1.1% |
| 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 | 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 | 2025-02-21 | [Where Do the Goodies Come From? The Key Question Under the EU Deforestation Regulation](https://feedsoft.ai/events/26067-where-do-the-goodies-come-from-the-key-question-under-the-eu-deforestation.md) | -2.2% | -3.1% |
| PALMOIL | 2023-06-07 | [EU Deforestation Regulation: What companies need to know + how they’ll be impacted - Quantis](https://feedsoft.ai/events/35527-eu-deforestation-regulation-what-companies-need-to-know-how-they-ll-be-impacted.md) | +1.6% | +16.4% |
| PALMOIL | 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) | -4.5% | -7.0% |
| PALMOIL | 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) | -10.5% | -10.1% |

## Sources

- garrigues.com: https://www.garrigues.com/en_GB/new/how-eu-will-limit-sale-commodities-cause-deforestation

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