# Article - Fern

> The EU Regulation on deforestation-free products (EUDR) is due to be adopted in spring 2023 and will bar companies from placing wood, palm oil, soy, coffee, cocoa, rubber and beef products on the EU market unless they are deforestation-free and legally produced. Large companies will have 18 months to comply after the regulation enters application, and small companies 24 months. The briefing is an explainer on the rule.

- Date: 2023-03-14 · published 2023-03-14T12:00:00.000Z
- Category: policy · region EU · magnitude low
- Page: https://feedsoft.ai/events/36899-article-fern
- 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 requirements for traceability could tighten EU supply of palm oil and soy over time, which could firm prices for compliant product. The impact is still far off, so the near-term price effect is limited.

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2016-11-25 | [Article - Fern](https://feedsoft.ai/events/73860-article-fern.md) | -0.4% | -3.8% |
| SOY | 2019-12-16 | [Article - Fern](https://feedsoft.ai/events/55608-article-fern.md) | +2.3% | +2.3% |
| SOY | 2024-08-29 | [Article - Fern](https://feedsoft.ai/events/28800-article-fern.md) | +5.2% | +8.6% |
| SOY | 2021-12-07 | [Article - Fern](https://feedsoft.ai/events/43615-article-fern.md) | -1.4% | +9.3% |
| SOY | 2019-08-29 | [Article - Fern](https://feedsoft.ai/events/57630-article-fern.md) | -0.4% | +4.2% |
| SBM | 2022-12-06 | [Article - Fern](https://feedsoft.ai/events/38278-article-fern.md) | +3.7% | +10.7% |
| SBM | 2019-01-17 | [Article - Fern](https://feedsoft.ai/events/61118-article-fern.md) | +0.7% | -1.5% |
| SBM | 2018-03-19 | [Article - Fern](https://feedsoft.ai/events/66020-article-fern.md) | +1.3% | +1.3% |

## Sources

- fern.org: https://www.fern.org/publications-insight/article/what-is-the-eu-regulation-on-deforestation-free-products-and-why-should-you-care/

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