# Article - Fern

> Twenty-six NGOs urged EU institutions to pass laws ensuring products sold in the EU are free from deforestation and human rights abuses, citing Amazon fires. They said EU member states fuel the crisis through imports of soy and beef, with Brazil supplying 19% of EU soy and 41% of EU beef imports. The NGOs also called for suspending ratification of the EU-Mercosur trade agreement.

- Date: 2019-08-29 · published 2019-08-29T12:00:00.000Z
- Category: policy · region EU · magnitude low
- Page: https://feedsoft.ai/events/57630-article-fern
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Pressure for EU rules and a possible stall of the EU-Mercosur deal could eventually limit Brazilian soy and beef access to Europe, though no measures are imminent.

## Read by commodity

- SOY: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2016-11-25 | [Article - Fern](https://feedsoft.ai/events/73860-article-fern.md) | -0.4% | -3.8% |
| SOY | 2024-08-29 | [Article - Fern](https://feedsoft.ai/events/28800-article-fern.md) | +5.2% | +8.6% |
| SOY | 2017-04-07 | [Article - Fern](https://feedsoft.ai/events/71525-article-fern.md) | +1.5% | +2.3% |
| SOY | 2021-12-07 | [Article - Fern](https://feedsoft.ai/events/43615-article-fern.md) | -1.4% | +9.3% |
| SOY | 2018-07-11 | [Article - Fern](https://feedsoft.ai/events/64063-article-fern.md) | -1.5% | +4.3% |

## Sources

- fern.org: https://www.fern.org/publications-insight/article/ngos-call-for-new-laws-to-end-the-eus-complicity-in-amazon-fires-2008/

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