# The relationship between the upcoming EU-level initiatives on horizontal mHREDD and on forest-risk commodities - Nova BHRE

> Delara Burkhardt, the European Parliament rapporteur on an EU framework to halt deforestation, discusses the links between upcoming EU initiatives on human rights due diligence and forest-risk commodities. She cites WWF research showing the EU is the second-largest importer of deforestation-linked goods after China.

- Date: 2021-05-28 · published 2021-05-28T12:00:00.000Z
- Category: policy · region EU · magnitude low
- Page: https://feedsoft.ai/events/47104-the-relationship-between-the-upcoming-eu-level-initiatives-on-horizontal-mhredd
- Commodities: [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

The planned EU framework could tighten requirements on soy and cattle-related imports, which would affect feed sourcing costs over time. The commentary is policy background rather than a new decision, so near-term price impact is limited.

## Read by commodity

- SBM: neutral
- SOY: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SBM | 2018-12-03 | [Hardening international soft law frameworks into EU measures to address forest-risk commodities - Fern](https://feedsoft.ai/events/61583-hardening-international-soft-law-frameworks-into-eu-measures-to-address-forest.md) | -0.1% | +0.9% |
| SBM | 2024-01-15 | [EU Deforestation Regulation: considerations for commodities traders - Lexology](https://feedsoft.ai/events/32131-eu-deforestation-regulation-considerations-for-commodities-traders-lexology.md) | +1.1% | -1.2% |
| SBM | 2021-02-26 | [Finding effective ways to ensure sustainable supplies of forest-risk commodities - Landscape Alliance Forests News](https://feedsoft.ai/events/48668-finding-effective-ways-to-ensure-sustainable-supplies-of-forest-risk.md) | -1.3% | -5.7% |
| SBM | 2020-06-30 | [Closing the accountability loop on commodity-driven deforestation](https://feedsoft.ai/events/52637-closing-the-accountability-loop-on-commodity-driven-deforestation.md) | +4.6% | +3.0% |
| SBM | 2022-04-21 | [Combating imported deforestation in EU, Christophe Hansen caught between ambition and pragmatism \| AGENCE EUROPE](https://feedsoft.ai/events/41865-combating-imported-deforestation-in-eu-christophe-hansen-caught-between.md) | -4.1% | -12.1% |
| SOY | 2022-07-06 | [An Update: European Union Draft Law Seeking to Ban Imports and Exports of Commodities from Regions at Risk of Deforestation](https://feedsoft.ai/events/40520-an-update-european-union-draft-law-seeking-to-ban-imports-and-exports-of.md) | +1.1% | -0.4% |
| SOY | 2023-01-23 | [The origins of deforestation-risk commodities linked to the EU market - AidEnvironment](https://feedsoft.ai/events/37814-the-origins-of-deforestation-risk-commodities-linked-to-the-eu-market.md) | +0.2% | +1.4% |
| SOY | 2024-08-06 | [Responsible sourcing of high-risk commodities: The latest](https://feedsoft.ai/events/28801-responsible-sourcing-of-high-risk-commodities-the-latest.md) | -3.1% | -4.5% |

## Sources

- novabhre.novalaw.unl.pt: https://novabhre.novalaw.unl.pt/the-relationship-between-the-upcoming-eu-level-initiatives-on-horizontal-mhredd-and-on-forest-risk-commodities/

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