# PRESS RELEASE: EU feed industry on the right track for responsible & deforestation-free soy | FEFAC

> FEFAC said 38% of European soybean consumption and 49% of industrial compound feed soybean meal in 2018 met its Soy Sourcing Guidelines. It estimated that 19% of total European soy was certified deforestation-free and 79% came from low-deforestation origins, including the US, Canada and Ukraine.

- Date: 2020-05-28 · published 2020-05-28T12:00:00.000Z
- Category: report · region EU · magnitude low
- Page: https://feedsoft.ai/events/53155-press-release-eu-feed-industry-on-the-right-track-for-responsible-and
- Commodities: [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

Growing shares of responsibly sourced soybean meal may steer EU feed buyers toward low-risk origins, shifting import demand among suppliers without a clear overall price effect.

## Read by commodity

- SBM: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SBM | 2021-06-20 | [Soy deforestation risk in Paraguay continues despite decline - Insights - Trase](https://feedsoft.ai/events/46596-soy-deforestation-risk-in-paraguay-continues-despite-decline-insights-trase.md) | -5.5% | -2.2% |
| SBM | 2023-10-02 | [Publication of the report: “Setting a new bar for deforestation and conversion free soy in Europe” - ProTerra Foundation](https://feedsoft.ai/events/33665-publication-of-the-report-setting-a-new-bar-for-deforestation-and-conversion.md) | -2.5% | +15.5% |
| SBM | 2025-07-01 | [New European Soy Report Highlights Progress and Challenges in Transition to Deforestation-Free Supply Chains  - ProTerra Foundation](https://feedsoft.ai/events/23779-new-european-soy-report-highlights-progress-and-challenges-in-transition-to.md) | -1.5% | -2.2% |
| SBM | 2024-02-28 | [The Amazon region in 2022 and 2023: deforestation, forest degradation and the risk of growing soy production - Joint Research Centre](https://feedsoft.ai/events/31731-the-amazon-region-in-2022-and-2023-deforestation-forest-degradation-and-the.md) | -0.4% | +0.5% |
| SBM | 2021-01-22 | [Launch of the platform for observation and fight against imported deforestation \| ATIBT](https://feedsoft.ai/events/49164-launch-of-the-platform-for-observation-and-fight-against-imported-deforestation.md) | -1.9% | -1.8% |

## Sources

- fefac.eu: https://fefac.eu/newsroom/news/press-release-eu-feed-industry-on-the-right-track-for-responsible-deforestation-free-soy/

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