# EU ministers to debate proposal on deforestation-related products on 21 February | AGENCE EUROPE

> EU agriculture ministers are scheduled to discuss the proposed regulation on products associated with deforestation on 21 February. The rules cover six commodities and their derivatives, with a review clause allowing scope changes. Ministers may also consider extending the scope to other commodities and ecosystems.

- Date: 2022-02-07 · published 2022-02-07T12:00:00.000Z
- Category: policy · region EU · magnitude low
- Page: https://feedsoft.ai/events/42736-eu-ministers-to-debate-proposal-on-deforestation-related-products-on-21
- Commodities: [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Palm Oil](https://feedsoft.ai/c/PALMOIL.md)

## Why it matters

A possible widening of the commodity list could add pressure on feed protein and vegoil supplies into the EU, though the proposal is still at an early stage.

## Read by commodity

- SBM: bullish ▲
- PALMOIL: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SBM | 2022-02-20 | [Proposal on combating deforestation problematic for EU ministers \| AGENCE EUROPE](https://feedsoft.ai/events/42737-proposal-on-combating-deforestation-problematic-for-eu-ministers-agence-europe.md) | +0.4% | +7.9% |
| SBM | 2021-11-09 | [Missing deforestation-risk products undermine EU’s due diligence proposal - Insights - Trase](https://feedsoft.ai/events/44105-missing-deforestation-risk-products-undermine-eu-s-due-diligence-proposal.md) | +10.5% | +6.0% |
| SBM | 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) | -0.4% | -6.4% |
| SBM | 2020-03-12 | [Deforestation and forest degradation: IEEP's response to European Commission's public consultation - IEEP AISBL](https://feedsoft.ai/events/54143-deforestation-and-forest-degradation-ieep-s-response-to-european-commission-s.md) | +2.7% | -1.0% |
| SBM | 2021-07-06 | [Reports urge legislation and 100% certified procurement to combat deforestation - STTC](https://feedsoft.ai/events/46096-reports-urge-legislation-and-100-certified-procurement-to-combat-deforestation.md) | -5.8% | -5.1% |
| PALMOIL | 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) | +0.9% | -3.4% |
| PALMOIL | 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) | -3.6% | -6.2% |
| PALMOIL | 2024-10-03 | [EU proposal to delay anti-deforestation rule bullish for palm oil: analysts \| S&P Global](https://feedsoft.ai/events/7240-eu-proposal-to-delay-anti-deforestation-rule-bullish-for-palm-oil-analysts-s.md) | -0.9% | +1.5% |

## Sources

- agenceurope.eu: https://agenceurope.eu/en/bulletin/article/12886/20/eu-ministers-to-debate-proposal-on-deforestation-related-products-on-21-february

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