# EU Deforestation Regulation - Introducing impactful deforestation due diligence from 30 December 2024 | Houthoff

> Houthoff describes the EU Deforestation Regulation's scope and obligations, requiring parties placing soy, coffee and palm oil on the EU market to ensure no deforestation and legal production from 30 December 2024. The factsheet covers enforcement and entry into force.

- Date: 2024-04-28 · published 2024-04-28T12:00:00.000Z
- Category: policy · region EU · magnitude low
- Page: https://feedsoft.ai/events/30770-eu-deforestation-regulation-introducing-impactful-deforestation-due-diligence
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Palm Oil](https://feedsoft.ai/c/PALMOIL.md)

## Why it matters

Due diligence obligations on EU imports of soy and palm products add compliance cost that may slightly reduce EU demand for these commodities.

## Read by commodity

- SOY: bearish ▼
- PALMOIL: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2023-05-03 | [EU Regulation on Deforestation-free products](https://feedsoft.ai/events/35974-eu-regulation-on-deforestation-free-products.md) | +0.9% | -9.7% |
| SOY | 2022-11-14 | [7 Key Updates on the EU Deforestation-Free Products Regulation - Satelligence](https://feedsoft.ai/events/38688-7-key-updates-on-the-eu-deforestation-free-products-regulation-satelligence.md) | -1.9% | +0.3% |
| SOY | 2020-11-02 | [Proposal from the European Parliament on Deforestation Due Diligence](https://feedsoft.ai/events/50182-proposal-from-the-european-parliament-on-deforestation-due-diligence.md) | +4.0% | +10.6% |
| SOY | 2024-04-02 | [EUDR: Navigating the EU Regulation on Deforestation-Free Products](https://feedsoft.ai/events/30768-eudr-navigating-the-eu-regulation-on-deforestation-free-products.md) | -0.4% | -2.1% |
| SOY | 2023-01-01 | [Regulation on Deforestation-free Products](https://feedsoft.ai/events/38269-regulation-on-deforestation-free-products.md) | -1.0% | +1.2% |
| PALMOIL | 2023-05-03 | [EU Regulation on Deforestation-free products](https://feedsoft.ai/events/35974-eu-regulation-on-deforestation-free-products.md) | +9.2% | +2.0% |
| PALMOIL | 2022-11-14 | [7 Key Updates on the EU Deforestation-Free Products Regulation - Satelligence](https://feedsoft.ai/events/38688-7-key-updates-on-the-eu-deforestation-free-products-regulation-satelligence.md) | -4.6% | -5.7% |
| PALMOIL | 2020-11-02 | [Proposal from the European Parliament on Deforestation Due Diligence](https://feedsoft.ai/events/50182-proposal-from-the-european-parliament-on-deforestation-due-diligence.md) | +7.4% | +13.1% |

## Sources

- houthoff.com: https://www.houthoff.com/insights/news/eu-deforestation-regulation-introducing-impactful-deforestation-due-diligence-from-30-december-2024/

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