# EC raises question mark over FLEGT VPA process – FLEGT IMM

> A European Commission presentation indicates the EU may change its approach to the FLEGT VPA process and the EU Timber Regulation. The EU is considering a new regulation to minimise deforestation risk in imported products including soy, palm oil, beef, coffee, cocoa and timber. The proposal would build on existing frameworks but raises questions about their future.

- Date: 2021-04-23 · published 2021-04-23T12:00:00.000Z
- Category: policy · region EU · magnitude low
- Page: https://feedsoft.ai/events/47632-ec-raises-question-mark-over-flegt-vpa-process-flegt-imm
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Palm Oil](https://feedsoft.ai/c/PALMOIL.md)

## Why it matters

A broader EU deforestation regulation covering soy and palm oil could alter import sourcing and compliance requirements. The effect on feed and vegetable oil prices is uncertain and would depend on the final rules.

## Read by commodity

- SOY: neutral
- PALMOIL: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2022-02-17 | [Different takes on deforestation regulation – FLEGT IMM](https://feedsoft.ai/events/42738-different-takes-on-deforestation-regulation-flegt-imm.md) | +4.7% | +5.1% |
| SOY | 2019-11-15 | [USDA Issues Second Tranche of Market Facilitation Program](https://feedsoft.ai/events/56042-usda-issues-second-tranche-of-market-facilitation-program.md) | +0.1% | +0.8% |
| SOY | 2018-08-30 | [Federal Register
       :: 
      Market Facilitation Program](https://feedsoft.ai/events/63522-federal-register-market-facilitation-program.md) | +0.4% | +3.9% |
| SOY | 2021-09-14 | [EU mulling rules to stop import of ‘deforestation’ products – EUobserver](https://feedsoft.ai/events/45098-eu-mulling-rules-to-stop-import-of-deforestation-products-euobserver.md) | -0.8% | -3.5% |
| SOY | 2018-08-27 | [Trump offers trade aid to farmers, but some question its fairness - POLITICO](https://feedsoft.ai/events/63523-trump-offers-trade-aid-to-farmers-but-some-question-its-fairness-politico.md) | -1.1% | -0.1% |
| PALMOIL | 2022-02-17 | [Different takes on deforestation regulation – FLEGT IMM](https://feedsoft.ai/events/42738-different-takes-on-deforestation-regulation-flegt-imm.md) | +4.5% | +13.8% |
| PALMOIL | 2021-09-14 | [EU mulling rules to stop import of ‘deforestation’ products – EUobserver](https://feedsoft.ai/events/45098-eu-mulling-rules-to-stop-import-of-deforestation-products-euobserver.md) | -0.8% | +12.8% |
| PALMOIL | 2023-07-27 | [Focus: Coffee, candy makers question EU deforestation law](https://feedsoft.ai/events/35081-focus-coffee-candy-makers-question-eu-deforestation-law.md) | +0.3% | -3.9% |

## Sources

- flegtimm.eu: https://flegtimm.eu/news/policy-news/ec-raises-question-mark-over-flegt-vpa-process/

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