# The EU must act on new evidence of soy’s destructive role in the tropics - Fern

> Fern argues that European retailers are sourcing more meat from local sources, yet EU meat remains dependent on imported soybean feed, mainly from Brazil, Paraguay and Argentina. The article cites a 2013 Commission estimate that soy expansion drove nearly half of deforestation linked to EU agricultural imports from 1990 to 2008.

- Date: 2018-03-26 · published 2018-03-26T12:00:00.000Z
- Category: policy · region EU · magnitude low
- Page: https://feedsoft.ai/events/66021-the-eu-must-act-on-new-evidence-of-soy-s-destructive-role-in-the-tropics-fern
- Commodities: [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Growing scrutiny of soy sourcing could push European buyers toward certified or deforestation-free soymeal, adding premium and supply-chain constraints to South American meal. The impact is gradual and advocacy-driven.

## Read by commodity

- SBM: bullish ▲
- SOY: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SBM | 2023-02-25 | [Soybean crush margins plummet in wake of EPA ruling \| The Western Producer](https://feedsoft.ai/events/15330-soybean-crush-margins-plummet-in-wake-of-epa-ruling-the-western-producer.md) | -0.4% | -9.6% |
| SBM | 2022-03-19 | [Broad agro-industrial rejection of increased retention of soy by-products and the creation of the Wheat Fund - Infobae](https://feedsoft.ai/events/14048-broad-agro-industrial-rejection-of-increased-retention-of-soy-by-products-and.md) | +1.4% | -3.3% |
| SBM | 2022-02-07 | [EU ministers to debate proposal on deforestation-related products on 21 February \| AGENCE EUROPE](https://feedsoft.ai/events/42736-eu-ministers-to-debate-proposal-on-deforestation-related-products-on-21.md) | +3.1% | +5.5% |
| SBM | 2020-11-06 | [In Soy We Trust \| Wilson Center](https://feedsoft.ai/events/49998-in-soy-we-trust-wilson-center.md) | +0.1% | +0.3% |
| SBM | 2021-11-09 | [Missing deforestation-risk products undermine EU’s due diligence proposal - Insights - Trase](https://feedsoft.ai/events/44105-missing-deforestation-risk-products-undermine-eu-s-due-diligence-proposal.md) | +10.5% | +6.0% |
| SOY | 2022-09-01 | [Economist's Angle: What’s in the Inflation Reduction Act for Soybeans? - American Soybean Association](https://feedsoft.ai/events/15371-economist-s-angle-what-s-in-the-inflation-reduction-act-for-soybeans-american.md) | -2.5% | -6.4% |
| SOY | 2022-01-28 | [France pushes for EU deforestation law as activists seek tougher measures  \| The National](https://feedsoft.ai/events/43171-france-pushes-for-eu-deforestation-law-as-activists-seek-tougher-measures-the.md) | +6.6% | +9.8% |
| SOY | 2022-09-21 | [Another step forward on the new “Zero-Deforestation” regulation - Etifor](https://feedsoft.ai/events/39606-another-step-forward-on-the-new-zero-deforestation-regulation-etifor.md) | -4.8% | -7.2% |

## Sources

- fern.org: https://www.fern.org/publications-insight/the-eu-must-act-on-new-evidence-of-soys-destructive-role-in-the-tropics-118/

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