# The EU Deforestation Regulation: Getting started now

> Large companies trading seven key commodities and their derivatives in the EU must comply with the EUDR from 30 December 2024, proving the goods do not come from recently deforested areas. The regulation requires extensive supply chain due diligence, and local customs authorities are already reminding companies of their obligations.

- Date: 2024-04-01 · published 2024-04-01T12:00:00.000Z
- Category: policy · region EU · magnitude low
- Page: https://feedsoft.ai/events/31227-the-eu-deforestation-regulation-getting-started-now
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Palm Oil](https://feedsoft.ai/c/PALMOIL.md)

## Why it matters

Extensive due diligence requirements raise compliance costs for traders of soy and palm products bound for the EU, which may weigh on EU import demand and prices for these commodities.

## Read by commodity

- SOY: bearish ▼
- PALMOIL: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| 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 | 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 | 2022-11-03 | [New EU deforestation regulation could threaten the palm oil sector](https://feedsoft.ai/events/38694-new-eu-deforestation-regulation-could-threaten-the-palm-oil-sector.md) | +1.4% | -0.7% |
| 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 | 2024-04-08 | [The EU Deforestation Regulation is a complex and costly undertaking - Rabobank](https://feedsoft.ai/events/30767-the-eu-deforestation-regulation-is-a-complex-and-costly-undertaking-rabobank.md) | -0.9% | +1.4% |
| 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 | 2026-02-28 | [Are You Ready? The EU deforestation regulation - Lexology](https://feedsoft.ai/events/20611-are-you-ready-the-eu-deforestation-regulation-lexology.md) | +5.0% | +8.4% |
| PALMOIL | 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) | -0.8% | +7.3% |

## Sources

- pwc.com: https://www.pwc.com/gx/en/issues/esg/eu-deforestation-regulation.html

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