# Six steps companies can take now to prepare for EUDR | Forest Stewardship Council UK

> The Forest Stewardship Council UK outlines six steps companies can take to prepare for EUDR compliance before 31 December 2024. Wood, rubber, palm oil, soy, beef, coffee and cacao are in scope.

- Date: 2024-04-24 · published 2024-04-24T12:00:00.000Z
- Category: policy · region EU · magnitude low
- Page: https://feedsoft.ai/events/30769-six-steps-companies-can-take-now-to-prepare-for-eudr-forest-stewardship-council
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Palm Oil](https://feedsoft.ai/c/PALMOIL.md)

## Why it matters

This is compliance guidance with limited direct price effect; the underlying EUDR requirements could marginally tighten EU demand for certified soy and palm inputs.

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2022-05-24 | [Intense negotiations underway on EU “deforestation free” law \| Forest Stewardship Council](https://feedsoft.ai/events/41418-intense-negotiations-underway-on-eu-deforestation-free-law-forest-stewardship.md) | -0.2% | -2.0% |
| SOY | 2026-03-12 | [EU Regulation on Deforestation-free Products (EUDR): What’s next for UK companies? - Burges Salmon](https://feedsoft.ai/events/20175-eu-regulation-on-deforestation-free-products-eudr-what-s-next-for-uk-companies.md) | -3.2% | -2.9% |
| SOY | 2025-05-06 | [The EU Deforestation Regulation (EUDR) - key takeaways for companies after postponement](https://feedsoft.ai/events/24692-the-eu-deforestation-regulation-eudr-key-takeaways-for-companies-after.md) | +2.7% | +0.3% |
| SOY | 2026-02-11 | [The EU Deforestation Regulation (EUDR) is amended: what is the EUDR and what must companies do now?](https://feedsoft.ai/events/20606-the-eu-deforestation-regulation-eudr-is-amended-what-is-the-eudr-and-what-must.md) | +1.0% | +6.9% |
| SOY | 2025-07-15 | [EU Deforestation Regulation – Key Steps To Take With Six Months To Implementation - Corporate and Company Law - European Union](https://feedsoft.ai/events/23778-eu-deforestation-regulation-key-steps-to-take-with-six-months-to-implementation.md) | +1.8% | -0.8% |
| SBM | 2026-03-12 | [EU Regulation on Deforestation-free Products (EUDR): What’s next for UK companies? - Burges Salmon](https://feedsoft.ai/events/20175-eu-regulation-on-deforestation-free-products-eudr-what-s-next-for-uk-companies.md) | +0.6% | -0.7% |
| SBM | 2024-07-10 | [Global commodity traders prepare for EUDR compliance](https://feedsoft.ai/events/29293-global-commodity-traders-prepare-for-eudr-compliance.md) | -9.3% | -6.5% |
| 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% |

## Sources

- uk.fsc.org: https://uk.fsc.org/newsfeed/six-steps-companies-can-take-now-to-prepare-for-eudr

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