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The EU deforestation-free regulation entered into force on 29 June 2023, and exporters in Serbia have until the end of 2024 to adapt. Serbia has no equivalent legislation, so the rule will affect its market mainly through EU-driven spillover.
An EU impact assessment lists Serbia and Bosnia and Herzegovina among the affected countries.
Western Balkan exporters that supply EU buyers with covered commodities will need traceability to keep market access. This is a limited direct price driver for global feed commodities.
bdkadvokati.comRelja RadovićJul 4, 2023After 1,905 past policy events, Soybeans moved a median +0.1% over 5 sessions (52% higher; middle half -1.4% to +1.8%), and +0.2% over 20.
After 734 past policy events, Soybean Meal moved a median -0.2% over 5 sessions (46% higher; middle half -1.9% to +1.6%), and -0.4% over 20.
After 1,570 past policy events, Palm Oil moved a median +0.2% over 5 sessions (54% higher; middle half -1.1% to +1.6%), and +0.5% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
