# European Union considers measures to stop the sale of products from deforested land - October 2022 | New Zealand Ministry of Foreign Affairs and Trade

> The European Parliament adopted a position on the draft deforestation-free products regulation. It proposed extending the covered products to pig meat, poultry, maize, rubber and others. The proposal still requires negotiations with member states before approval.

- Date: 2021-10-07 · published 2021-10-07T12:00:00.000Z
- Category: policy · region EU · magnitude medium
- Page: https://feedsoft.ai/events/44588-european-union-considers-measures-to-stop-the-sale-of-products-from-deforested
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md), [Palm Oil](https://feedsoft.ai/c/PALMOIL.md)

## Why it matters

If adopted with the expanded product list, the rules would add compliance costs for EU imports of maize, soy, palm oil and livestock feed inputs, which could shift trade flows.

## Read by commodity

- SOY: neutral
- CORN: neutral
- PALMOIL: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2023-09-25 | [New Trade, Foreign Aid Dollars From USDA Check Boxes on Stabenow's Farm Bill List](https://feedsoft.ai/events/34086-new-trade-foreign-aid-dollars-from-usda-check-boxes-on-stabenow-s-farm-bill-list.md) | -0.3% | +1.6% |
| CORN | 2021-09-02 | [Kazakhstan to introduce restrictions on the export of sunflower seed and its products 02.09.2021 - UkrAgroConsult](https://feedsoft.ai/events/45178-kazakhstan-to-introduce-restrictions-on-the-export-of-sunflower-seed-and-its.md) | -3.0% | -5.5% |
| CORN | 2021-09-15 | [Leaked EU anti-deforestation law contains loopholes, incl. omission of fragile ecosystems, and environmentally impactful products like maize & rubber, say campaigners - Business and Human Rights Centre](https://feedsoft.ai/events/45105-leaked-eu-anti-deforestation-law-contains-loopholes-incl-omission-of-fragile.md) | -2.7% | -1.7% |
| CORN | 2022-02-21 | [EU: Member states call for delay of EU anti-deforestation law - Business and Human Rights Centre](https://feedsoft.ai/events/42740-eu-member-states-call-for-delay-of-eu-anti-deforestation-law-business-and-human.md) | +2.1% | +15.0% |
| CORN | 2023-04-20 | [EU Regulation on deforestation-free products: What comes next for importers / exporters of agricultural commodities? \| BLOMSTEIN](https://feedsoft.ai/events/36440-eu-regulation-on-deforestation-free-products-what-comes-next-for-importers.md) | -1.0% | -9.9% |
| SOY | 2022-01-21 | [Comparing Recent Deforestation Measures  of the United States, European Union, and United Kingdom \| Steptoe](https://feedsoft.ai/events/43167-comparing-recent-deforestation-measures-of-the-united-states-european-union-and.md) | +1.6% | +11.7% |
| SOY | 2020-10-22 | [Europe needs laws to stop import of deforestation-linked products, lawmakers say](https://feedsoft.ai/events/50659-europe-needs-laws-to-stop-import-of-deforestation-linked-products-lawmakers-say.md) | -1.4% | +9.7% |
| SOY | 2024-07-25 | [European Commission to open EUDR registry to operators and traders from November 2024](https://feedsoft.ai/events/29295-european-commission-to-open-eudr-registry-to-operators-and-traders-from.md) | -7.4% | -13.3% |

## Sources

- mfat.govt.nz: https://www.mfat.govt.nz/en/trade/mfat-market-reports/european-union-considers-measures-to-stop-the-sale-of-products-from-deforested-land-october-2022

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