# Interview: How EU legislation could help save forests worldwide

> Global Canopy's policy director discussed how EU legislation could raise environmental standards in global supply chains. She noted that soy imported into the EU links to deforestation through both Brazilian soybeans and Argentine soy cake.

- Date: 2020-09-11 · published 2020-09-11T12:00:00.000Z
- Category: policy · region EU · magnitude low
- Page: https://feedsoft.ai/events/51141-interview-how-eu-legislation-could-help-save-forests-worldwide
- Commodities: [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Deforestation rules targeting EU soy imports could raise compliance costs for Brazilian and Argentine soymeal exporters, a factor for feed buyers over the longer term.

## Read by commodity

- SBM: bullish ▲
- SOY: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SBM | 2022-09-14 | [EU groups say deforestation plan falls short \| World Grain](https://feedsoft.ai/events/39612-eu-groups-say-deforestation-plan-falls-short-world-grain.md) | -1.2% | -8.5% |
| SBM | 2023-11-10 | [EU anti-deforestation law could affect 20% of Amazon soy](https://feedsoft.ai/events/33216-eu-anti-deforestation-law-could-affect-20-of-amazon-soy.md) | +3.6% | -4.9% |
| SBM | 2021-07-06 | [Reports urge legislation and 100% certified procurement to combat deforestation - STTC](https://feedsoft.ai/events/46096-reports-urge-legislation-and-100-certified-procurement-to-combat-deforestation.md) | -5.8% | -5.1% |
| 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% |
| SBM | 2022-08-04 | [Deforestation-free supply chains: EU draft hints at new requirements for economic operators](https://feedsoft.ai/events/40054-deforestation-free-supply-chains-eu-draft-hints-at-new-requirements-for.md) | +5.5% | -4.3% |
| SOY | 2022-09-14 | [EU groups say deforestation plan falls short \| World Grain](https://feedsoft.ai/events/39612-eu-groups-say-deforestation-plan-falls-short-world-grain.md) | -3.6% | -10.3% |
| SOY | 2023-11-10 | [EU anti-deforestation law could affect 20% of Amazon soy](https://feedsoft.ai/events/33216-eu-anti-deforestation-law-could-affect-20-of-amazon-soy.md) | +2.4% | -1.8% |
| SOY | 2019-01-30 | [Why you should support a new European law to combat global deforestation - Fern](https://feedsoft.ai/events/61117-why-you-should-support-a-new-european-law-to-combat-global-deforestation-fern.md) | +0.1% | -1.7% |

## Sources

- endseurope.com: https://www.endseurope.com/article/1694183/interview-eu-legislation-help-save-forests-worldwide

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