# Article - Fern

> Indigenous leaders and activists from several producer countries delivered a 164,000-signature petition to the European Commission in Brussels on 29 June 2018. The petition urges action on EU imports of soy, beef, palm oil and cocoa linked to deforestation. Their visit followed a Fern/Forest Trends report on corporate commitments.

- Date: 2018-07-11 · published 2018-07-11T12:00:00.000Z
- Category: policy · region EU · magnitude low
- Page: https://feedsoft.ai/events/64063-article-fern
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Palm Oil](https://feedsoft.ai/c/PALMOIL.md)

## Why it matters

Advocacy pressure may lead to tighter EU sourcing rules for soy, palm oil and beef, but no concrete measure has been adopted, so the price impact is minimal.

## Read by commodity

- SOY: neutral
- PALMOIL: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2024-08-29 | [Article - Fern](https://feedsoft.ai/events/28800-article-fern.md) | +5.2% | +8.6% |
| SOY | 2019-08-29 | [Article - Fern](https://feedsoft.ai/events/57630-article-fern.md) | -0.4% | +4.2% |
| SOY | 2016-11-25 | [Article - Fern](https://feedsoft.ai/events/73860-article-fern.md) | -0.4% | -3.8% |
| 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% |
| PALMOIL | 2018-03-19 | [Article - Fern](https://feedsoft.ai/events/66020-article-fern.md) | +0.4% | +0.0% |
| PALMOIL | 2021-12-07 | [Article - Fern](https://feedsoft.ai/events/43615-article-fern.md) | +1.0% | +5.0% |
| PALMOIL | 2024-08-29 | [Article - Fern](https://feedsoft.ai/events/28800-article-fern.md) | +4.8% | +7.6% |

## Sources

- fern.org: https://www.fern.org/publications-insight/article/global-south-activists-in-brussels-to-demand-eu-action-on-deforestation-63/

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