# Article - Fern

> Fern welcomed the EU Member States' request that the Commission assess regulatory measures to reduce the EU's consumption footprint on land. The NGO called for a mandatory due diligence law covering imports linked to deforestation.

- Date: 2019-12-16 · published 2019-12-16T12:00:00.000Z
- Category: policy · region EU · magnitude low
- Page: https://feedsoft.ai/events/55608-article-fern
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

This is advocacy commentary on possible future regulation; it signals rising odds of tighter rules on deforestation-linked commodities such as palm oil and soy but does not itself change supply or demand.

## Read by commodity

- SOY: bearish ▼
- PALMOIL: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| PALMOIL | 2017-02-07 | [Article - Fern](https://feedsoft.ai/events/72507-article-fern.md) | -1.0% | -7.3% |
| PALMOIL | 2019-05-31 | [France’s deforestation strategy – a good starting point - Fern](https://feedsoft.ai/events/59114-france-s-deforestation-strategy-a-good-starting-point-fern.md) | +0.6% | -1.4% |
| PALMOIL | 2019-12-11 | [Green Deal could be a springboard for ambitious forest action - Fern](https://feedsoft.ai/events/55609-green-deal-could-be-a-springboard-for-ambitious-forest-action-fern.md) | -0.3% | +9.8% |
| PALMOIL | 2019-10-14 | [Protecting forests, natural ecosystems and human rights: a case for EU action - Fern](https://feedsoft.ai/events/56583-protecting-forests-natural-ecosystems-and-human-rights-a-case-for-eu-action-fern.md) | +2.2% | +18.7% |
| PALMOIL | 2020-11-10 | [The European Parliament takes a bold stance on legislation to tackle imported deforestation - Fern](https://feedsoft.ai/events/50183-the-european-parliament-takes-a-bold-stance-on-legislation-to-tackle-imported.md) | +3.2% | +6.7% |
| SOY | 2019-01-17 | [Article - Fern](https://feedsoft.ai/events/61118-article-fern.md) | +2.4% | +1.0% |
| SOY | 2019-05-31 | [France’s deforestation strategy – a good starting point - Fern](https://feedsoft.ai/events/59114-france-s-deforestation-strategy-a-good-starting-point-fern.md) | -2.3% | -0.1% |
| SOY | 2019-12-11 | [Green Deal could be a springboard for ambitious forest action - Fern](https://feedsoft.ai/events/55609-green-deal-could-be-a-springboard-for-ambitious-forest-action-fern.md) | +3.1% | +3.6% |

## Sources

- fern.org: https://www.fern.org/publications-insight/article/eu-member-states-support-eu-regulatory-measures-to-tackle-deforestation-2066/

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