# Fern: Pressure mounts on President-elect as EU Commission opens door to regulating supply chains to tackle deforestation - CBFP

> Fern welcomed the European Commission's opening to regulating commodity supply chains to curb deforestation. The NGO urged the incoming Commission to introduce laws requiring companies to show that goods such as palm oil, beef, soy and cocoa are free of deforestation and human rights abuses.

- Date: 2020-05-27 · published 2020-05-27T12:00:00.000Z
- Category: policy · region EU · magnitude low
- Page: https://feedsoft.ai/events/53150-fern-pressure-mounts-on-president-elect-as-eu-commission-opens-door-to
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Palm Oil](https://feedsoft.ai/c/PALMOIL.md)

## Why it matters

A possible future EU regulation on deforestation-linked commodity imports could eventually affect soy and palm oil trade flows, but no binding measure exists yet, so the price impact is minimal.

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2019-07-23 | [Pressure mounts on President-elect as EU Commission opens door to regulating supply chains to tackle deforestation - Fern](https://feedsoft.ai/events/58117-pressure-mounts-on-president-elect-as-eu-commission-opens-door-to-regulating.md) | -0.3% | -3.9% |
| SOY | 2018-11-14 | [Pressure mounts on EU to act as France calls for action on deforestation - Fern](https://feedsoft.ai/events/62074-pressure-mounts-on-eu-to-act-as-france-calls-for-action-on-deforestation-fern.md) | +1.6% | +4.6% |
| SOY | 2022-12-01 | [Adoption of EU Regulation of deforestation-free supply chains - Fern](https://feedsoft.ai/events/38275-adoption-of-eu-regulation-of-deforestation-free-supply-chains-fern.md) | +0.2% | +2.7% |
| SOY | 2024-06-25 | [Ensuring deforestation-free supply chains: The new EU regulation - EFS Consulting](https://feedsoft.ai/events/29775-ensuring-deforestation-free-supply-chains-the-new-eu-regulation-efs-consulting.md) | -1.3% | -4.9% |
| SOY | 2019-09-18 | [New Commission Communication opens door to regulation of the products that destroy our forests - Fern](https://feedsoft.ai/events/57128-new-commission-communication-opens-door-to-regulation-of-the-products-that.md) | +0.1% | +4.5% |
| SBM | 2022-12-01 | [Adoption of EU Regulation of deforestation-free supply chains - Fern](https://feedsoft.ai/events/38275-adoption-of-eu-regulation-of-deforestation-free-supply-chains-fern.md) | +9.4% | +10.5% |
| SBM | 2019-09-18 | [New Commission Communication opens door to regulation of the products that destroy our forests - Fern](https://feedsoft.ai/events/57128-new-commission-communication-opens-door-to-regulation-of-the-products-that.md) | +0.4% | +4.7% |
| SBM | 2022-05-09 | [Expert meeting on the EU Regulation on deforestation-free products - Fern](https://feedsoft.ai/events/41419-expert-meeting-on-the-eu-regulation-on-deforestation-free-products-fern.md) | -4.2% | -2.8% |

## Sources

- archive.pfbc-cbfp.org: https://archive.pfbc-cbfp.org/news_en/items/regulating-supply.html

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