# Article - Fern

> Fern responds to the Commission's 17 November 2021 proposal, which would bar commodities and derived products produced on land deforested after 31 December 2020. The proposal will be debated by Parliament and Council through 2022.

- Date: 2021-12-07 · published 2021-12-07T12:00:00.000Z
- Category: policy · region EU · magnitude low
- Page: https://feedsoft.ai/events/43615-article-fern
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Palm Oil](https://feedsoft.ai/c/PALMOIL.md), [Live Cattle](https://feedsoft.ai/c/LCATTLE.md)

## Why it matters

Geolocation and risk-tiered checks could increase traceability costs for soy, cattle and palm oil shipped to the EU, a modest long-run cost driver for these markets.

## Read by commodity

- SOY: neutral
- LCATTLE: neutral
- PALMOIL: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2018-07-11 | [Article - Fern](https://feedsoft.ai/events/64063-article-fern.md) | -1.5% | +4.3% |
| SOY | 2017-04-07 | [Article - Fern](https://feedsoft.ai/events/71525-article-fern.md) | +1.5% | +2.3% |
| SOY | 2019-08-29 | [Article - Fern](https://feedsoft.ai/events/57630-article-fern.md) | -0.4% | +4.2% |
| SOY | 2016-11-25 | [Article - Fern](https://feedsoft.ai/events/73860-article-fern.md) | -0.4% | -3.8% |
| SOY | 2024-08-29 | [Article - Fern](https://feedsoft.ai/events/28800-article-fern.md) | +5.2% | +8.6% |
| PALMOIL | 2016-11-25 | [Article - Fern](https://feedsoft.ai/events/73860-article-fern.md) | +3.8% | +5.0% |
| PALMOIL | 2024-08-29 | [Article - Fern](https://feedsoft.ai/events/28800-article-fern.md) | +4.8% | +7.6% |
| PALMOIL | 2018-03-19 | [Article - Fern](https://feedsoft.ai/events/66020-article-fern.md) | +0.4% | +0.0% |

## Sources

- fern.org: https://www.fern.org/publications-insight/article/ferns-response-to-the-proposed-regulation-on-deforestation-free-products-2437/

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