# Coffee firms turning away from Africa as EU deforestation law looms

> Coffee traders are reportedly shifting purchases away from Africa to avoid the EU deforestation law's traceability requirements. Sucafina and Louis Dreyfus have locked in future sales with an EUDR premium, and half of Ivory Coast's cocoa is sold via hard-to-trace intermediaries.

- Date: 2023-12-19 · published 2023-12-19T12:00:00.000Z
- Category: policy · region EU · magnitude low
- Page: https://feedsoft.ai/events/32718-coffee-firms-turning-away-from-africa-as-eu-deforestation-law-looms
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Palm Oil](https://feedsoft.ai/c/PALMOIL.md)

## Why it matters

Compliance costs may raise food prices in the EU and reshape origin flows, but the story concerns coffee and cocoa, which are not feed commodities. Impact on feed ingredient prices is negligible.

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 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) | +2.6% | -1.8% |
| SOY | 2025-04-16 | [EU eases deforestation law reporting for companies](https://feedsoft.ai/events/25148-eu-eases-deforestation-law-reporting-for-companies.md) | +0.4% | +3.0% |
| SOY | 2025-10-21 | [EU Commission suggests easing anti-deforestation law](https://feedsoft.ai/events/22429-eu-commission-suggests-easing-anti-deforestation-law.md) | +3.4% | +12.2% |
| SOY | 2023-09-12 | [EU deforestation law: fire on the horizon for soy traders \| AFII](https://feedsoft.ai/events/34128-eu-deforestation-law-fire-on-the-horizon-for-soy-traders-afii.md) | -2.6% | -6.5% |
| SOY | 2024-12-18 | [Delay to EU deforestation law confirmed after countries approve \| Reuters](https://feedsoft.ai/events/26988-delay-to-eu-deforestation-law-confirmed-after-countries-approve-reuters.md) | -0.2% | +4.3% |
| SBM | 2025-04-16 | [EU eases deforestation law reporting for companies](https://feedsoft.ai/events/25148-eu-eases-deforestation-law-reporting-for-companies.md) | -1.0% | -3.3% |
| SBM | 2023-09-12 | [EU deforestation law: fire on the horizon for soy traders \| AFII](https://feedsoft.ai/events/34128-eu-deforestation-law-fire-on-the-horizon-for-soy-traders-afii.md) | -4.6% | -9.1% |
| SBM | 2023-11-10 | [EU anti-deforestation law could affect 20% of Amazon soy](https://feedsoft.ai/events/33216-eu-anti-deforestation-law-could-affect-20-of-amazon-soy.md) | +3.6% | -4.9% |

## Sources

- reuters.com: https://www.reuters.com/markets/commodities/coffee-firms-turning-away-africa-eu-deforestation-law-looms-2023-12-19/

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