# EU groups say deforestation plan falls short | World Grain

> European feed and oilseed groups COCERAL, FEDIOL, and FEFAC said the deforestation regulation voted by Parliament falls short and could disrupt supply chains. They warned that traceability-to-plot requirements and country benchmarking could reduce soy and palm availability in the EU. The groups expect inflationary pressure on these commodities.

- Date: 2022-09-14 · published 2022-09-14T12:00:00.000Z
- Category: policy · region EU · magnitude medium
- Page: https://feedsoft.ai/events/39612-eu-groups-say-deforestation-plan-falls-short-world-grain
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md), [Palm Oil](https://feedsoft.ai/c/PALMOIL.md), [Canola Meal](https://feedsoft.ai/c/CANMEAL.md)

## Why it matters

Feed industry warnings of reduced soy and palm availability point to tighter EU supplies of protein and oil inputs and higher feed costs.

## Read by commodity

- SBM: bullish ▲
- SBO: bullish ▲
- SOY: bullish ▲
- CANMEAL: neutral
- PALMOIL: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2019-01-30 | [Why you should support a new European law to combat global deforestation - Fern](https://feedsoft.ai/events/61117-why-you-should-support-a-new-european-law-to-combat-global-deforestation-fern.md) | +0.1% | -1.7% |
| SOY | 2022-01-27 | [EU imposes import ban on six goods to halt “imported deforestation” - Etifor](https://feedsoft.ai/events/43170-eu-imposes-import-ban-on-six-goods-to-halt-imported-deforestation-etifor.md) | +7.3% | +15.4% |
| 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 | 2023-11-15 | [Regulation (EU) 2023/1115 on deforestation-free products](https://feedsoft.ai/events/33210-regulation-eu-2023-1115-on-deforestation-free-products.md) | +0.6% | -4.5% |
| SOY | 2019-07-23 | [EU moots crackdown on deforestation through supply chains](https://feedsoft.ai/events/58114-eu-moots-crackdown-on-deforestation-through-supply-chains.md) | -0.3% | -3.9% |
| SBM | 2020-09-11 | [Have your say on the EU’s deforestation policy \| Both ENDS](https://feedsoft.ai/events/51142-have-your-say-on-the-eu-s-deforestation-policy-both-ends.md) | +6.2% | +15.5% |
| SBM | 2023-11-10 | [EU anti-deforestation law could affect 20% of Amazon soy](https://feedsoft.ai/events/33216-eu-anti-deforestation-law-could-affect-20-of-amazon-soy.md) | +3.6% | -4.9% |
| SBM | 2020-09-11 | [Interview: How EU legislation could help save forests worldwide](https://feedsoft.ai/events/51141-interview-how-eu-legislation-could-help-save-forests-worldwide.md) | +6.2% | +15.5% |

## Sources

- world-grain.com: https://www.world-grain.com/articles/17463-eu-groups-say-deforestation-plan-falls-short

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