# Deforestation-free supply chains: Information System pilot testing begins today - Environment

> The European Commission began pilot testing of its Deforestation Information System today, running through the end of January with 100 stakeholders. The system will help operators submit due diligence statements under the EU Deforestation Regulation covering cattle, cocoa, coffee, palm oil, rubber, soya and wood.

- Date: 2023-12-18 · published 2023-12-18T12:00:00.000Z
- Category: policy · region EU · magnitude low
- Page: https://feedsoft.ai/events/32714-deforestation-free-supply-chains-information-system-pilot-testing-begins-today
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Palm Oil](https://feedsoft.ai/c/PALMOIL.md)

## Why it matters

Compliance infrastructure for EUDR is moving toward the end-2024 application date, raising traceability costs for soy, palm oil and cattle exporters to the EU. Price impact is gradual and mainly a premium/compliance cost rather than a supply shock.

## Read by commodity

- SOY: neutral
- PALMOIL: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2020-04-20 | [Round tables to inform deforestation-free supply chain policy - STTC](https://feedsoft.ai/events/53659-round-tables-to-inform-deforestation-free-supply-chain-policy-sttc.md) | -0.0% | +0.7% |
| 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 | 2024-01-15 | [Regulation on deforestation-free supply chains – 12 months left](https://feedsoft.ai/events/32132-regulation-on-deforestation-free-supply-chains-12-months-left.md) | +1.5% | -1.1% |
| SOY | 2023-12-12 | [COP28: EU steps up cooperation with partner countries on deforestation-free supply chains and outlines further support measures - Environment](https://feedsoft.ai/events/32716-cop28-eu-steps-up-cooperation-with-partner-countries-on-deforestation-free.md) | -0.7% | -8.0% |
| SOY | 2017-12-06 | [Making Deforestation Free Supply Chains A Reality The Accountability Framework](https://feedsoft.ai/events/67488-making-deforestation-free-supply-chains-a-reality-the-accountability-framework.md) | -3.2% | -4.9% |
| PALMOIL | 2020-04-20 | [Round tables to inform deforestation-free supply chain policy - STTC](https://feedsoft.ai/events/53659-round-tables-to-inform-deforestation-free-supply-chain-policy-sttc.md) | -2.6% | -9.0% |
| PALMOIL | 2023-12-12 | [COP28: EU steps up cooperation with partner countries on deforestation-free supply chains and outlines further support measures - Environment](https://feedsoft.ai/events/32716-cop28-eu-steps-up-cooperation-with-partner-countries-on-deforestation-free.md) | -0.5% | -0.3% |
| PALMOIL | 2021-01-23 | [Deforestation in Supply Chains: Focus on Due Diligence](https://feedsoft.ai/events/49161-deforestation-in-supply-chains-focus-on-due-diligence.md) | +0.3% | -0.3% |

## Sources

- environment.ec.europa.eu: https://environment.ec.europa.eu/news/deforestation-free-supply-chains-information-system-pilot-testing-begins-today-2023-12-18_en

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