# Looking ahead: Implementing the EU Regulation on deforestation-free products | ESG Advisory | Legal Newsflash

> From 30 December 2024, EU rules will require products to come from land not deforested after 31 December 2020, comply with producer-country law, and carry a due diligence statement. The regulation covers cattle, cocoa, coffee, oil palm, rubber, soya and wood, with traceability required across the supply chain.

- Date: 2024-03-15 · published 2024-03-15T12:00:00.000Z
- Category: policy · region EU · magnitude medium
- Page: https://feedsoft.ai/events/31223-looking-ahead-implementing-the-eu-regulation-on-deforestation-free-products-esg
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Upstream and downstream traceability requirements could reduce EU-bound palm oil and soy volumes or raise their costs, which tends to pressure prices for these commodities in origin markets.

## Read by commodity

- SOY: bearish ▼
- PALMOIL: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| PALMOIL | 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) | +1.9% | -2.1% |
| 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 | 2023-01-01 | [Regulation on Deforestation-free Products](https://feedsoft.ai/events/38269-regulation-on-deforestation-free-products.md) | +4.8% | +1.2% |
| PALMOIL | 2024-03-28 | [The EU deforestation free-products regulation: a critical overview - EPICC](https://feedsoft.ai/events/31224-the-eu-deforestation-free-products-regulation-a-critical-overview-epicc.md) | +4.2% | -2.2% |
| 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% |
| 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 | 2023-05-03 | [EU Regulation on Deforestation-free products](https://feedsoft.ai/events/35974-eu-regulation-on-deforestation-free-products.md) | +0.9% | -9.7% |
| SOY | 2023-01-01 | [Regulation on Deforestation-free Products](https://feedsoft.ai/events/38269-regulation-on-deforestation-free-products.md) | -1.0% | +1.2% |

## Sources

- deloittelegal.be: https://www.deloittelegal.be/lg/en/blogs/looking-ahead-implementing-the-eu-regulation-on-deforestation-free-products.html

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