# New obligations on importers and traders arising from the EU Deforestation Regulation | Article | Chambers and Partners

> A Chambers and Partners legal article explains that the EU adopted the EUDR on 31 May 2023. The regulation requires importers, traders and exporters to prove that cattle, cocoa, coffee, oil palm, rubber, soya, wood and derived products are deforestation-free, legally produced and covered by a due diligence statement.

- Date: 2024-02-15 · published 2024-02-15T12:00:00.000Z
- Category: policy · region EU · magnitude low
- Page: https://feedsoft.ai/events/31730-new-obligations-on-importers-and-traders-arising-from-the-eu-deforestation
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Palm Oil](https://feedsoft.ai/c/PALMOIL.md), [Live Cattle](https://feedsoft.ai/c/LCATTLE.md)

## Why it matters

Due diligence obligations on importers add paperwork and cost for soy, palm oil and cattle-derived products shipped to the EU, which can shift trade flows and affect EU import demand.

## Read by commodity

- SOY: neutral
- LCATTLE: neutral
- PALMOIL: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2024-10-01 | [EU Deforestation Regulation (EUDR): A Guide for Importers](https://feedsoft.ai/events/28334-eu-deforestation-regulation-eudr-a-guide-for-importers.md) | -2.2% | -7.9% |
| SOY | 2024-06-25 | [Ensuring deforestation-free supply chains: The new EU regulation - EFS Consulting](https://feedsoft.ai/events/29775-ensuring-deforestation-free-supply-chains-the-new-eu-regulation-efs-consulting.md) | -1.3% | -4.9% |
| SOY | 2024-05-23 | [From bean to bar: Locating and Reporting Cocoa Supply Chain Data Under the EU Deforestation Regulation - Bird & Bird](https://feedsoft.ai/events/30264-from-bean-to-bar-locating-and-reporting-cocoa-supply-chain-data-under-the-eu.md) | -2.9% | -6.9% |
| SOY | 2025-07-10 | [A 2025 Overview of the new EU Deforestation Regulation](https://feedsoft.ai/events/23773-a-2025-overview-of-the-new-eu-deforestation-regulation.md) | +0.1% | -5.0% |
| SOY | 2022-05-19 | [Strengthening the EU regulation on deforestation-free products](https://feedsoft.ai/events/41417-strengthening-the-eu-regulation-on-deforestation-free-products.md) | +1.1% | +2.8% |
| PALMOIL | 2024-10-01 | [EU Deforestation Regulation (EUDR): A Guide for Importers](https://feedsoft.ai/events/28334-eu-deforestation-regulation-eudr-a-guide-for-importers.md) | +9.3% | +9.7% |
| PALMOIL | 2024-05-23 | [From bean to bar: Locating and Reporting Cocoa Supply Chain Data Under the EU Deforestation Regulation - Bird & Bird](https://feedsoft.ai/events/30264-from-bean-to-bar-locating-and-reporting-cocoa-supply-chain-data-under-the-eu.md) | +0.6% | +1.7% |
| PALMOIL | 2025-07-10 | [A 2025 Overview of the new EU Deforestation Regulation](https://feedsoft.ai/events/23773-a-2025-overview-of-the-new-eu-deforestation-regulation.md) | +0.9% | +3.6% |

## Sources

- chambers.com: https://chambers.com/articles/new-obligations-on-importers-and-traders-arising-from-the-eu-deforestation-regulation

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