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Trellis clarifies several points on the EUDR, including that companies have 18 months to comply and enforcement starts 1 January 2025. Products already on the EU market before that date are exempt, so soy-based feed bought in 2024 and used in 2025 does not need a due diligence statement.
The article also defines deforestation as clearing forest for agricultural conversion, human-induced or not.
The grandfathering of existing stock limits near-term disruption to feed imports, but buyers will need compliant soy and palm oil supplies for shipments entering the EU from 2025.
trellis.netTheresa LiebFeb 8, 2024After 554 past neutral policy events, Soybeans moved a median +0.0% over 5 sessions (51% higher; middle half -1.4% to +1.6%), and +0.6% over 20.
After 513 past neutral policy events, Palm Oil moved a median 0.0% over 5 sessions (50% higher; middle half -1.6% to +1.4%), and -0.1% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
