# All Eyes on Europe |         Global Oil & Fats Business Online – gofbonline.com

> The EU Council adopted its position on the draft deforestation regulation on June 28, 2022, and the Parliament's ENVI Committee adopted its report on July 12 with 60 votes in favour. The compromise amendments would widen covered commodities to include swine, poultry, maize and rubber.

- Date: 2022-08-20 · published 2022-08-20T12:00:00.000Z
- Category: policy · region EU · magnitude low
- Page: https://feedsoft.ai/events/40055-all-eyes-on-europe-global-oil-and-fats-business-online-gofbonline-com
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Chicken](https://feedsoft.ai/c/CHICKEN.md), [Lean Hogs](https://feedsoft.ai/c/HOGS.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

Adding maize, poultry and swine to scope would extend compliance costs into feed grain and animal protein trade, a meaningful supply-side factor for EU feed buyers.

## Read by commodity

- SBM: bullish ▲
- CORN: bullish ▲
- HOGS: bullish ▲
- CHICKEN: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2017-02-18 | [Bullish on US Biofuels Industry \|         Global Oil & Fats Business Online – gofbonline.com](https://feedsoft.ai/events/72363-bullish-on-us-biofuels-industry-global-oil-and-fats-business-online-gofbonline.md) | +0.3% | +0.9% |
| CORN | 2019-04-15 | [China to consider US request to shift tariffs on farm goods - The Business Times](https://feedsoft.ai/events/59453-china-to-consider-us-request-to-shift-tariffs-on-farm-goods-the-business-times.md) | +0.4% | -2.5% |
| CORN | 2024-06-07 | [Corn, soy futures rise on new Brazilian tax rule - Markets - Business Recorder](https://feedsoft.ai/events/6150-corn-soy-futures-rise-on-new-brazilian-tax-rule-markets-business-recorder.md) | +5.6% | -4.9% |
| CORN | 2019-12-24 | [Argentina raise taxes on corn, wheat and soybean exports \| Farm Online \| ACT](https://feedsoft.ai/events/55425-argentina-raise-taxes-on-corn-wheat-and-soybean-exports-farm-online-act.md) | -0.2% | +0.6% |
| 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% |
| HOGS | 2026-10-28 | [Lower feed costs to protect hog raisers from low farmgate prices - DA \| GMA News Online](https://feedsoft.ai/events/209-lower-feed-costs-to-protect-hog-raisers-from-low-farmgate-prices-da-gma-news.md) | -2.7% | — |
| HOGS | 2024-05-29 | [Chinese pig price rises unexpectedly - Pig Analysis \| Boerenbusiness. Nl](https://feedsoft.ai/events/30230-chinese-pig-price-rises-unexpectedly-pig-analysis-boerenbusiness-nl.md) | -0.0% | -3.0% |
| HOGS | 2017-09-03 | [Genesus Global Market Report: China
						 \| The Pig Site](https://feedsoft.ai/events/68944-genesus-global-market-report-china-the-pig-site.md) | -2.8% | -13.9% |

## Sources

- gofbonline.com: https://gofbonline.com/all-eyes-on-europe/

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