# The EU has a new deforestation law: here’s what it means | ClientEarth

> ClientEarth describes the Commission's proposed deforestation law, which would require companies selling soy, palm oil and beef in the EU to be deforestation-free. The proposal now goes to Parliament and Council before it can be finalised.

- Date: 2021-12-23 · published 2021-12-23T12:00:00.000Z
- Category: policy · region EU · magnitude low
- Page: https://feedsoft.ai/events/43616-the-eu-has-a-new-deforestation-law-here-s-what-it-means-clientearth
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Palm Oil](https://feedsoft.ai/c/PALMOIL.md)

## Why it matters

Pending EU rules on soy, palm oil and beef could raise compliance requirements for feed-relevant imports, but the law is not yet adopted and its price effect is gradual.

## Read by commodity

- SOY: neutral
- PALMOIL: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2018-04-09 | [New laws are best way for EU to tackle deforestation \| ClientEarth](https://feedsoft.ai/events/65522-new-laws-are-best-way-for-eu-to-tackle-deforestation-clientearth.md) | +2.0% | -0.6% |
| SOY | 2021-12-13 | [The proposed EU law on deforestation-free products: what does it include and what is left out? \| ClientEarth](https://feedsoft.ai/events/43611-the-proposed-eu-law-on-deforestation-free-products-what-does-it-include-and.md) | +1.4% | +8.4% |
| SOY | 2024-12-04 | [The EU Deforestation Regulation: an update and what it means for companies](https://feedsoft.ai/events/26993-the-eu-deforestation-regulation-an-update-and-what-it-means-for-companies.md) | +0.3% | +0.8% |
| SOY | 2022-05-04 | [Deforestation: what could be the market impact of new EU ban?](https://feedsoft.ai/events/41420-deforestation-what-could-be-the-market-impact-of-new-eu-ban.md) | -1.7% | +1.9% |
| SOY | 2023-07-20 | [What is the EU Deforestation Regulation? - Fern](https://feedsoft.ai/events/35077-what-is-the-eu-deforestation-regulation-fern.md) | +3.7% | -10.5% |
| PALMOIL | 2018-04-09 | [New laws are best way for EU to tackle deforestation \| ClientEarth](https://feedsoft.ai/events/65522-new-laws-are-best-way-for-eu-to-tackle-deforestation-clientearth.md) | -3.0% | -7.7% |
| PALMOIL | 2021-12-13 | [The proposed EU law on deforestation-free products: what does it include and what is left out? \| ClientEarth](https://feedsoft.ai/events/43611-the-proposed-eu-law-on-deforestation-free-products-what-does-it-include-and.md) | -2.3% | +5.6% |
| PALMOIL | 2024-12-04 | [The EU Deforestation Regulation: an update and what it means for companies](https://feedsoft.ai/events/26993-the-eu-deforestation-regulation-an-update-and-what-it-means-for-companies.md) | -0.7% | -14.6% |

## Sources

- clientearth.org: https://www.clientearth.org/latest/news/the-eu-has-a-new-deforestation-law-here-s-what-it-means/

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