# The EU must take a broader approach to helping companies keep commitments - Fern

> Twenty-three consumer goods companies, including Marks & Spencer, Unilever and Delhaize, committed to halting deforestation and native vegetation loss linked to soy in Brazil's Cerrado. NGOs question how signatories will deliver, noting only six percent of surveyed manufacturers could trace sourced soy to the farm.

- Date: 2017-11-01 · published 2017-11-01T12:00:00.000Z
- Category: trade · region Brazil · magnitude low
- Page: https://feedsoft.ai/events/67998-the-eu-must-take-a-broader-approach-to-helping-companies-keep-commitments-fern
- Commodities: [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Traceability and deforestation commitments could gradually shape which Brazilian soy meal enters premium European supply chains, a modest long-run factor for soybean meal pricing and origin premiums.

## Read by commodity

- SBM: neutral
- SOY: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SBM | 2017-01-31 | [Trump Puts US Food, Farm Companies on Edge Over Mexico Trade](https://feedsoft.ai/events/72499-trump-puts-us-food-farm-companies-on-edge-over-mexico-trade.md) | -0.5% | -0.5% |
| SBM | 2024-01-01 | [COMMENTARY: Massive Brazilian soybean exports too heavily leaning on China?](https://feedsoft.ai/events/32739-commentary-massive-brazilian-soybean-exports-too-heavily-leaning-on-china.md) | -2.7% | -7.2% |
| SBM | 2019-04-24 | [Argentina touts its soymeal in China, seeking import approval \| The Western Producer](https://feedsoft.ai/events/59436-argentina-touts-its-soymeal-in-china-seeking-import-approval-the-western.md) | -1.7% | -1.9% |
| SBM | 2025-10-29 | [Comments to USTR on the Review of the U.S.-Mexico Canada Agreement (USMCA) - Public Citizen](https://feedsoft.ai/events/22352-comments-to-ustr-on-the-review-of-the-u-s-mexico-canada-agreement-usmca-public.md) | +3.4% | +2.2% |
| SBM | 2019-01-21 | [When it comes to soy, China is getting more from the trade truce](https://feedsoft.ai/events/61131-when-it-comes-to-soy-china-is-getting-more-from-the-trade-truce.md) | -0.9% | -3.1% |
| SOY | 2021-01-22 | [China falls short of U.S. trade commitments \| The Western Producer](https://feedsoft.ai/events/49012-china-falls-short-of-u-s-trade-commitments-the-western-producer.md) | -1.2% | +0.5% |
| SOY | 2019-03-01 | [Commitments haven’t moved markets - Brownfield Ag News](https://feedsoft.ai/events/60119-commitments-haven-t-moved-markets-brownfield-ag-news.md) | -0.8% | -0.9% |
| SOY | 2021-08-24 | [China’s "Phase One" trade commitments expire soon, then what? - Brownfield Ag News](https://feedsoft.ai/events/45415-china-s-phase-one-trade-commitments-expire-soon-then-what-brownfield-ag-news.md) | +0.8% | -1.5% |

## Sources

- fern.org: https://www.fern.org/publications-insight/article/the-eu-must-take-a-broader-approach-to-helping-companies-keep-commitments-187/

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