# EU aims to curb deforestation with beef and coffee import ban | Deforestation | The Guardian

> The Guardian reported that the EU has proposed legal measures that would bar certain commodities from entering the bloc if they are linked to deforestation. Beef, wood, palm oil, soy, coffee and cocoa are covered, while rubber is excluded, a gap environmental groups have criticized.

- Date: 2021-11-17 · published 2021-11-17T12:00:00.000Z
- Category: policy · region EU · magnitude low
- Page: https://feedsoft.ai/events/44102-eu-aims-to-curb-deforestation-with-beef-and-coffee-import-ban-deforestation-the
- 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

A ban or due-diligence requirement on beef and soy from deforestation-linked sources could redirect supply away from the EU and weigh on soy and cattle import demand. Because the measure is still a proposal, the market impact is currently limited.

## Read by commodity

- SOY: bearish ▼
- LCATTLE: neutral
- PALMOIL: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2017-05-02 | [FiBL - Report on the EU Common Agricultural Policy and deforestation](https://feedsoft.ai/events/71041-fibl-report-on-the-eu-common-agricultural-policy-and-deforestation.md) | -0.3% | -4.8% |
| SOY | 2021-11-17 | [EU proposes law preventing import of goods linked to deforestation](https://feedsoft.ai/events/44100-eu-proposes-law-preventing-import-of-goods-linked-to-deforestation.md) | +1.7% | +0.9% |
| SOY | 2024-04-08 | [The EU Deforestation Regulation is a complex and costly undertaking - Rabobank](https://feedsoft.ai/events/30767-the-eu-deforestation-regulation-is-a-complex-and-costly-undertaking-rabobank.md) | -0.9% | +1.4% |
| SOY | 2018-12-19 | [Commission: The EU is part of the problem of global deforestation](https://feedsoft.ai/events/61587-commission-the-eu-is-part-of-the-problem-of-global-deforestation.md) | -4.2% | +0.0% |
| SOY | 2026-02-11 | [The EU Deforestation Regulation (EUDR) is amended: what is the EUDR and what must companies do now?](https://feedsoft.ai/events/20606-the-eu-deforestation-regulation-eudr-is-amended-what-is-the-eudr-and-what-must.md) | +1.0% | +6.9% |
| PALMOIL | 2021-11-17 | [EU proposes law preventing import of goods linked to deforestation](https://feedsoft.ai/events/44100-eu-proposes-law-preventing-import-of-goods-linked-to-deforestation.md) | +0.8% | -9.2% |
| PALMOIL | 2024-04-08 | [The EU Deforestation Regulation is a complex and costly undertaking - Rabobank](https://feedsoft.ai/events/30767-the-eu-deforestation-regulation-is-a-complex-and-costly-undertaking-rabobank.md) | -1.3% | -10.7% |
| PALMOIL | 2018-12-19 | [Commission: The EU is part of the problem of global deforestation](https://feedsoft.ai/events/61587-commission-the-eu-is-part-of-the-problem-of-global-deforestation.md) | -0.6% | +6.0% |

## Sources

- theguardian.com: https://www.theguardian.com/environment/2021/nov/17/eu-deforestation-beef-coffee-import-ban-commodities-endangered-forests

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