# Timberbiz EU publishes results of public consultation on deforestation - Timberbiz

> The European Commission published results of a public consultation on its planned EU action against deforestation. Nearly 1,000 responses were received, with 73% saying the current framework is inadequate and 80% naming palm oil as a priority commodity, followed by meat, soy, biodiesel and wood.

- Date: 2019-05-07 · published 2019-05-07T12:00:00.000Z
- Category: policy · region EU · magnitude low
- Page: https://feedsoft.ai/events/59115-timberbiz-eu-publishes-results-of-public-consultation-on-deforestation-timberbiz
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Strong stakeholder focus on palm oil, soy and biodiesel signals possible future EU trade restrictions, a long-term bearish risk for those commodities.

## Read by commodity

- SOY: bearish ▼
- PALMOIL: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| PALMOIL | 2023-06-12 | [European Union Publishes Deforestation Regulation \| Insights \| Mayer Brown](https://feedsoft.ai/events/35524-european-union-publishes-deforestation-regulation-insights-mayer-brown.md) | +5.9% | +14.8% |
| PALMOIL | 2023-05-03 | [EU Regulation on Deforestation-free products](https://feedsoft.ai/events/35974-eu-regulation-on-deforestation-free-products.md) | +9.2% | +2.0% |
| PALMOIL | 2018-12-19 | [Commission: The EU is part of the problem of global deforestation](https://feedsoft.ai/events/61587-commission-the-eu-is-part-of-the-problem-of-global-deforestation.md) | -0.6% | +6.0% |
| PALMOIL | 2023-01-01 | [Regulation on Deforestation-free Products](https://feedsoft.ai/events/38269-regulation-on-deforestation-free-products.md) | +4.8% | +1.2% |
| PALMOIL | 2024-04-02 | [EUDR: Navigating the EU Regulation on Deforestation-Free Products](https://feedsoft.ai/events/30768-eudr-navigating-the-eu-regulation-on-deforestation-free-products.md) | +1.9% | -2.1% |
| SOY | 2023-06-12 | [European Union Publishes Deforestation Regulation \| Insights \| Mayer Brown](https://feedsoft.ai/events/35524-european-union-publishes-deforestation-regulation-insights-mayer-brown.md) | +5.8% | +9.7% |
| SOY | 2023-05-03 | [EU Regulation on Deforestation-free products](https://feedsoft.ai/events/35974-eu-regulation-on-deforestation-free-products.md) | +0.9% | -9.7% |
| SOY | 2017-05-02 | [FiBL - Report on the EU Common Agricultural Policy and deforestation](https://feedsoft.ai/events/71041-fibl-report-on-the-eu-common-agricultural-policy-and-deforestation.md) | -0.3% | -4.8% |

## Sources

- timberbiz.com.au: https://www.timberbiz.com.au/eu-publishes-results-of-public-consultation-on-deforestation/

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