# The EU deforestation free-products regulation: a critical overview - EPICC

> The EUDR was adopted in May 2023 and entered into force in June 2023, with an 18-month implementation period for most stakeholders. The EU and national authorities must still define risk assessments and guidelines, and traders must adjust procedures. Critics say 2024 is a key year to resolve uncertainties.

- Date: 2024-03-28 · published 2024-03-28T12:00:00.000Z
- Category: policy · region EU · magnitude low
- Page: https://feedsoft.ai/events/31224-the-eu-deforestation-free-products-regulation-a-critical-overview-epicc
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Ongoing uncertainty about implementation adds compliance risk for palm oil and soy trade flows into the EU, which may keep a price discount on these commodities for European buyers.

## Read by commodity

- SOY: bearish ▼
- PALMOIL: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| 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 | 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 | 2023-01-01 | [Regulation on Deforestation-free Products](https://feedsoft.ai/events/38269-regulation-on-deforestation-free-products.md) | +4.8% | +1.2% |
| 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% |
| PALMOIL | 2018-02-28 | [Halting deforestation – a critical contribution from the EU](https://feedsoft.ai/events/66514-halting-deforestation-a-critical-contribution-from-the-eu.md) | -0.9% | -2.6% |
| 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 | 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% |

## Sources

- epiccproject.org: https://epiccproject.org/blog/2024/03/28/the-eu-deforestation-free-products-regulation-a-critical-overview/

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