# EU-27: EU Commission Launches Public Consultation on Deforestation-Free Supply Chains | USDA Foreign Agricultural Service

> On February 6, 2020, the European Commission opened a public consultation, open until March 4, 2020, on an initiative to minimise deforestation and forest degradation linked to products placed on the EU market. The consultation collects views from citizens, stakeholders and trading partners. The initiative is still at the input stage with no binding rules yet.

- Date: 2020-02-12 · published 2020-02-12T12:00:00.000Z
- Category: policy · region EU · magnitude low
- Page: https://feedsoft.ai/events/54634-eu-27-eu-commission-launches-public-consultation-on-deforestation-free-supply
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Palm Oil](https://feedsoft.ai/c/PALMOIL.md)

## Why it matters

Future EU due diligence rules could raise compliance costs and limit access for soy and palm oil supplies from deforestation-exposed origins. The consultation itself does not change near-term supply or demand.

## Read by commodity

- SOY: neutral
- PALMOIL: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2017-10-24 | [The Chain: EU Proposals for Deforestation-Free Supply Chains Another Step in the Transformation of Agricultural Commodity Trade - Chain Reaction Research](https://feedsoft.ai/events/68516-the-chain-eu-proposals-for-deforestation-free-supply-chains-another-step-in-the.md) | -0.8% | +0.9% |
| SOY | 2020-12-14 | [Record submissions to public consultation urge EU to act on deforestation \| Both ENDS](https://feedsoft.ai/events/49669-record-submissions-to-public-consultation-urge-eu-to-act-on-deforestation-both.md) | +5.1% | +22.5% |
| 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 | 2023-12-15 | [EU Regulation on deforestation-free supply chains \| Legal Guidance \| LexisNexis](https://feedsoft.ai/events/32715-eu-regulation-on-deforestation-free-supply-chains-legal-guidance-lexisnexis.md) | -1.3% | -6.6% |
| SOY | 2021-04-04 | [Unsustainable deforestation and commodity imports. Public consultation on EU strategy - FoodTimes](https://feedsoft.ai/events/47635-unsustainable-deforestation-and-commodity-imports-public-consultation-on-eu.md) | +0.1% | +12.1% |
| PALMOIL | 2017-10-24 | [The Chain: EU Proposals for Deforestation-Free Supply Chains Another Step in the Transformation of Agricultural Commodity Trade - Chain Reaction Research](https://feedsoft.ai/events/68516-the-chain-eu-proposals-for-deforestation-free-supply-chains-another-step-in-the.md) | +0.3% | -0.0% |
| PALMOIL | 2020-12-14 | [Record submissions to public consultation urge EU to act on deforestation \| Both ENDS](https://feedsoft.ai/events/49669-record-submissions-to-public-consultation-urge-eu-to-act-on-deforestation-both.md) | +2.2% | +10.1% |
| PALMOIL | 2023-12-15 | [EU Regulation on deforestation-free supply chains \| Legal Guidance \| LexisNexis](https://feedsoft.ai/events/32715-eu-regulation-on-deforestation-free-supply-chains-legal-guidance-lexisnexis.md) | +0.4% | +2.0% |

## Sources

- fas.usda.gov: https://www.fas.usda.gov/data/eu-27-eu-commission-launches-public-consultation-deforestation-free-supply-chains

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