# Missing deforestation-risk products undermine EU’s due diligence proposal - Insights - Trase

> Trase analysis of the leaked draft EU due-diligence regulation found that it covers soybeans, soy flour and soy oil but excludes soy cake used for animal feed. Trase estimates this leaves more than half of the bloc's soy-linked deforestation risk outside the rules.

- Date: 2021-11-09 · published 2021-11-09T12:00:00.000Z
- Category: policy · region EU · magnitude low
- Page: https://feedsoft.ai/events/44105-missing-deforestation-risk-products-undermine-eu-s-due-diligence-proposal
- Commodities: [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Excluding soy cake from the regulation means soybean meal imports for animal feed would avoid the new due-diligence costs, which supports EU meal demand from current origins. This makes soybean meal relatively more competitive than whole soybeans or soy oil under the proposed rules.

## Read by commodity

- SBM: bullish ▲
- SOY: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SBM | 2022-02-07 | [EU ministers to debate proposal on deforestation-related products on 21 February \| AGENCE EUROPE](https://feedsoft.ai/events/42736-eu-ministers-to-debate-proposal-on-deforestation-related-products-on-21.md) | +3.1% | +5.5% |
| 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 | 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 | 2019-11-12 | [State Council planning more measures to restore nation's hog production](https://feedsoft.ai/events/56059-state-council-planning-more-measures-to-restore-nation-s-hog-production.md) | +0.2% | -1.2% |
| SBM | 2020-09-11 | [Have your say on the EU’s deforestation policy \| Both ENDS](https://feedsoft.ai/events/51142-have-your-say-on-the-eu-s-deforestation-policy-both-ends.md) | +6.2% | +15.5% |
| SOY | 2022-03-15 | [Strengthening the EU regulation on deforestation-free products - Insights - Trase](https://feedsoft.ai/events/42298-strengthening-the-eu-regulation-on-deforestation-free-products-insights-trase.md) | +0.2% | -1.9% |
| SOY | 2021-04-13 | [Trase data highlights EU's role in deforestation - Insights - Trase](https://feedsoft.ai/events/47631-trase-data-highlights-eu-s-role-in-deforestation-insights-trase.md) | +4.9% | +17.2% |
| SOY | 2022-06-07 | [EU urged to widen deforestation law - Insights - Trase](https://feedsoft.ai/events/40969-eu-urged-to-widen-deforestation-law-insights-trase.md) | +0.5% | -7.0% |

## Sources

- trase.earth: https://trase.earth/insights/missing-deforestation-risk-products-undermine-eu-due-diligence-proposal

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