# Brazilian Environmental Policies and the New European Union Regulation for Deforestation-Free Products: Opportunities and Challenges - CPI

> A Climate Policy Initiative paper dated October 3, 2023 assesses how the EUDR, which bans imports of goods from land deforested after December 31, 2020, will affect Brazilian agribusiness. It notes that the EU is Brazil's second-largest soy and oil palm export destination, with covered exports estimated at US$17.5 billion in 2022.

- Date: 2023-10-03 · published 2023-10-03T12:00:00.000Z
- Category: policy · region Brazil · magnitude low
- Page: https://feedsoft.ai/events/33662-brazilian-environmental-policies-and-the-new-european-union-regulation-for
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Palm Oil](https://feedsoft.ai/c/PALMOIL.md)

## Why it matters

Enforcement from late 2024 could shift Brazilian soy and palm products toward non-EU buyers or add premiums for compliant origin, affecting EU import demand.

## Read by commodity

- SOY: bearish ▼
- PALMOIL: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2024-03-28 | [The EU deforestation free-products regulation: a critical overview - EPICC](https://feedsoft.ai/events/31224-the-eu-deforestation-free-products-regulation-a-critical-overview-epicc.md) | -1.0% | -2.5% |
| 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 | 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 | 2022-11-14 | [7 Key Updates on the EU Deforestation-Free Products Regulation - Satelligence](https://feedsoft.ai/events/38688-7-key-updates-on-the-eu-deforestation-free-products-regulation-satelligence.md) | -1.9% | +0.3% |
| SOY | 2023-04-20 | [EU Regulation on deforestation-free products: What comes next for importers / exporters of agricultural commodities? \| BLOMSTEIN](https://feedsoft.ai/events/36440-eu-regulation-on-deforestation-free-products-what-comes-next-for-importers.md) | -4.7% | -11.3% |
| PALMOIL | 2024-03-28 | [The EU deforestation free-products regulation: a critical overview - EPICC](https://feedsoft.ai/events/31224-the-eu-deforestation-free-products-regulation-a-critical-overview-epicc.md) | +4.2% | -2.2% |
| 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 | 2023-05-03 | [EU Regulation on Deforestation-free products](https://feedsoft.ai/events/35974-eu-regulation-on-deforestation-free-products.md) | +9.2% | +2.0% |

## Sources

- climatepolicyinitiative.org: https://www.climatepolicyinitiative.org/publication/brazilian-environmental-policies-and-the-new-european-union-regulation-for-deforestation-free-products-opportunities-and-challenges/

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