# The Race To Steady The Amazon | Maplecroft

> Maplecroft reports that Brazil's Amazon deforestation reached a 15-year high in the year to August 2021 and is expected to exceed 10,000 km2 in 2022. It notes Brazil's foreign ministry opposed the EU Parliament's deforestation bill as potentially discriminatory, ahead of the October 30 election.

- Date: 2022-10-21 · published 2022-10-21T12:00:00.000Z
- Category: policy · region Brazil · magnitude low
- Page: https://feedsoft.ai/events/39169-the-race-to-steady-the-amazon-maplecroft
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Live Cattle](https://feedsoft.ai/c/LCATTLE.md)

## Why it matters

Rising Amazon clearing and Brazilian resistance to EU rules raise the risk of tighter EU access for Brazilian soy and beef, which could support non-Brazilian supply and EU premiums.

## Read by commodity

- SOY: bullish ▲
- LCATTLE: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2021-05-20 | [The race for green fuel is on](https://feedsoft.ai/events/46967-the-race-for-green-fuel-is-on.md) | -2.3% | -13.6% |
| SOY | 2026-04-09 | [Beyond the Headline RVO - American Soybean Association](https://feedsoft.ai/events/15036-beyond-the-headline-rvo-american-soybean-association.md) | +0.4% | +1.5% |
| SOY | 2022-09-22 | [4 Things to Know About the Renewable Fuel Standard - AgWeb](https://feedsoft.ai/events/15367-4-things-to-know-about-the-renewable-fuel-standard-agweb.md) | -3.6% | -6.1% |
| SOY | 2021-10-05 | [Your Guide to the Emerging Renewable Diesel Market - AgWeb](https://feedsoft.ai/events/44396-your-guide-to-the-emerging-renewable-diesel-market-agweb.md) | -0.6% | +0.1% |
| SOY | 2018-05-29 | [Markets in the morning: Oilseeds: Argentina raises](https://feedsoft.ai/events/65108-markets-in-the-morning-oilseeds-argentina-raises.md) | -3.8% | -16.0% |
| LCATTLE | 2020-07-02 | [Stepping up EU action to protect and restore the world's forests \| European Committee of the Regions](https://feedsoft.ai/events/52140-stepping-up-eu-action-to-protect-and-restore-the-world-s-forests-european.md) | +0.3% | +2.8% |
| LCATTLE | 2017-09-06 | [Major players join forces to place sustainability at the heart of global commodity supply chains \| GEF](https://feedsoft.ai/events/68986-major-players-join-forces-to-place-sustainability-at-the-heart-of-global.md) | +1.0% | +3.8% |
| LCATTLE | 2020-05-19 | [Hoeven: USDA Releases Final Details for Direct Assistance to Farmers and Ranchers, Sign-Up to Start May 26](https://feedsoft.ai/events/53129-hoeven-usda-releases-final-details-for-direct-assistance-to-farmers-and.md) | +1.6% | -4.9% |

## Sources

- maplecroft.com: https://www.maplecroft.com/esg-weekly/the-race-to-steady-the-amazon/

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