# Article - Fern

> Fern published research on the EU's deforestation footprint, estimating that agricultural expansion drives 70% of global deforestation. The report synthesises ten reports and recommends an EU Action Plan to address the drivers of deforestation.

- Date: 2018-01-01 · published 2018-01-01T12:00:00.000Z
- Category: policy · region EU · magnitude low
- Page: https://feedsoft.ai/events/67012-article-fern
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Palm Oil](https://feedsoft.ai/c/PALMOIL.md)

## Why it matters

This is advocacy research without new policy, so it has little immediate price impact. It does signal continued pressure on commodities linked to deforestation, including soy and palm oil.

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2022-12-06 | [Article - Fern](https://feedsoft.ai/events/38278-article-fern.md) | +1.6% | +2.8% |
| SOY | 2019-12-16 | [Article - Fern](https://feedsoft.ai/events/55608-article-fern.md) | +2.3% | +2.3% |
| SOY | 2021-12-07 | [Article - Fern](https://feedsoft.ai/events/43615-article-fern.md) | -1.4% | +9.3% |
| SOY | 2016-11-25 | [Article - Fern](https://feedsoft.ai/events/73860-article-fern.md) | -0.4% | -3.8% |
| SOY | 2019-08-29 | [Article - Fern](https://feedsoft.ai/events/57630-article-fern.md) | -0.4% | +4.2% |
| SBM | 2023-03-14 | [Article - Fern](https://feedsoft.ai/events/36899-article-fern.md) | -5.5% | -6.9% |
| SBM | 2018-03-19 | [Article - Fern](https://feedsoft.ai/events/66020-article-fern.md) | +1.3% | +1.3% |
| SBM | 2020-11-13 | [Article - Fern](https://feedsoft.ai/events/50187-article-fern.md) | +1.4% | -1.0% |

## Sources

- fern.org: https://www.fern.org/publications-insight/article/new-fern-research-provides-recommendations-for-eu-action-on-deforestation-747/

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