Brazil Risks Losing Soy Sales to Europe Over Forest Protection Law Compliance

After 369 past bearish policy events, Soybeans moved a median -0.2% over 5 sessions (46% higher; middle half -1.7% to +1.8%), and +0.8% over 20.

• Oct 2, 2023Doubts over legal compliance put Brazil’s soy exports to the EU at risk - Insights - Trase-0.7%
• Nov 16, 2021EU Targets Key Commodities in New Rules to Prevent Deforestation - Bloomberg+1.4%
• Dec 16, 2019EU action to protect the world’s forests – Council adopts conclusions - PubAffairs Bruxelles+2.3%
• Dec 3, 2018Hardening international soft law frameworks into EU measures to address forest-risk commodities - Fern+1.7%
• Nov 27, 2020Sustainable supply chains - one step closer to UK legislation on deforestation risks - Supply Chain Council of European Union | Scceu.org-1.3%

After 223 past bearish policy events, Soybean Meal moved a median -0.3% over 5 sessions (45% higher; middle half -2.2% to +1.2%), and -0.6% over 20.

• Nov 9, 2020Europe wants to limit imports of soy from Brazil - News Cereals | Boerenbusiness. Nl+1.5%
• Mar 13, 2024EU attempts to smooth South American complaints over deforestation policy-0.7%
• Oct 29, 2026Brazil’s soybean oil production could reach 13.5 mln tons, while exports decline-3.3%
• Jun 18, 2025Reaping of the sow: China to reduce pig count by 1 million amid low prices, deflation risk | South China Morning Post-2.9%
• Nov 9, 2022CRR Report (09th November 2022) - EU Deforestation Regulation: Traceability Requirement Impact on Soy and Beef in Brazil - AidEnvironment-1.9%