# New rules for companies under the European Parliament's ambitious version of the proposal against deforestation - Etifor

> Etifor summarizes amendments the European Parliament adopted on September 13 to the Commission's deforestation-free products proposal. The changes widen commodity scope to include natural rubber and maize and extend the forest definition to non-forest ecosystems such as Brazil's Cerrado.

- Date: 2022-10-27 · published 2022-10-27T12:00:00.000Z
- Category: policy · region EU · magnitude medium
- Page: https://feedsoft.ai/events/39168-new-rules-for-companies-under-the-european-parliament-s-ambitious-version-of
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Adding maize and extending the forest definition to the Cerrado would bring Brazilian and US feed corn and soy under EU verification, which could affect export premiums and EU demand for those origins.

## Read by commodity

- SOY: bullish ▲
- CORN: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2022-09-13 | [WWF - European Parliament votes for a strong EU Deforestation law](https://feedsoft.ai/events/39610-wwf-european-parliament-votes-for-a-strong-eu-deforestation-law.md) | -2.9% | -2.1% |
| CORN | 2022-09-15 | [European bill passes to ban imports of deforestation-linked commodities](https://feedsoft.ai/events/39604-european-bill-passes-to-ban-imports-of-deforestation-linked-commodities.md) | -2.0% | -2.3% |
| CORN | 2025-06-13 | [EPA Proposes New Renewable Fuel Standards to Strengthen U.S. Energy Security, Support Rural America, and Expand Production of Domestic Fuels \| US EPA](https://feedsoft.ai/events/15110-epa-proposes-new-renewable-fuel-standards-to-strengthen-u-s-energy-security.md) | -0.8% | -3.2% |
| CORN | 2022-01-05 | [NBB Testifies on Proposed RFS Reset for 2020-22  \|  Ohio Ag Connection](https://feedsoft.ai/events/15428-nbb-testifies-on-proposed-rfs-reset-for-2020-22-ohio-ag-connection.md) | +1.5% | +4.5% |
| CORN | 2022-10-13 | [EU moves quickly to adopt law banning products contributing to deforestation ahead of UN Biodiversity Conference \| Freshfields](https://feedsoft.ai/events/39167-eu-moves-quickly-to-adopt-law-banning-products-contributing-to-deforestation.md) | +1.6% | -1.2% |
| SOY | 2022-09-13 | [WWF - European Parliament votes for a strong EU Deforestation law](https://feedsoft.ai/events/39610-wwf-european-parliament-votes-for-a-strong-eu-deforestation-law.md) | -5.7% | -11.3% |
| SOY | 2021-12-01 | [The European Commission’s Proposed Ban on Products Driving Deforestation and Forest Degradation \| Steptoe](https://feedsoft.ai/events/43610-the-european-commission-s-proposed-ban-on-products-driving-deforestation-and.md) | +2.7% | +11.4% |
| SOY | 2022-01-14 | [European Commission proposes new set of measures to address deforestation, waste management and soil health](https://feedsoft.ai/events/43166-european-commission-proposes-new-set-of-measures-to-address-deforestation-waste.md) | +3.6% | +15.9% |

## Sources

- etifor.com: https://www.etifor.com/en/updates/new-rules-eudr/

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