# Doubts over compliance with Brazil’s Forest Code put soy trade to EU at risk - Press Release - Trase

> Trase research finds that in 2020, 16% of soy from the Amazon and Cerrado was grown on farms not complying with Brazil's Forest Code, with another 58% showing possible breaches. Most of the affected soy went to China and the EU, and official data is limited, which makes verification difficult.

- Date: 2023-09-26 · published 2023-09-26T12:00:00.000Z
- Category: policy · region Brazil · magnitude low
- Page: https://feedsoft.ai/events/34129-doubts-over-compliance-with-brazil-s-forest-code-put-soy-trade-to-eu-at-risk
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Verification gaps could slow Brazilian soy shipments to the EU and raise compliance costs, which could tighten supply to Europe and firm premiums for certified origins.

## Read by commodity

- SOY: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2023-03-21 | [Beyond forests: traders face EU regulatory risks from soy expansion in Brazil - Insights - Trase](https://feedsoft.ai/events/36901-beyond-forests-traders-face-eu-regulatory-risks-from-soy-expansion-in-brazil.md) | -2.9% | +2.2% |
| SOY | 2024-09-27 | [Malaysia to support palm oil producers' compliance with EU deforestation law \| Reuters](https://feedsoft.ai/events/28329-malaysia-to-support-palm-oil-producers-compliance-with-eu-deforestation-law.md) | +0.5% | -4.3% |
| SOY | 2024-07-15 | [What impact will EUDR have on Brazilian soy trade with EU?](https://feedsoft.ai/events/29290-what-impact-will-eudr-have-on-brazilian-soy-trade-with-eu.md) | -3.3% | -9.4% |
| SOY | 2026-10-29 | [EU Deforestation Regulation: preparing for compliance](https://feedsoft.ai/events/17130-eu-deforestation-regulation-preparing-for-compliance.md) | -1.5% | — |
| SOY | 2020-07-10 | [EU’s trade deals can put an end to deforestation](https://feedsoft.ai/events/52143-eu-s-trade-deals-can-put-an-end-to-deforestation.md) | -0.5% | -1.9% |

## Sources

- trase.earth: https://trase.earth/media/press-release/doubts-over-compliance-with-brazil-s-forest-code-put-soy-trade-to-eu-at-risk

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