# Stepping up market demand for responsible soy - Food & Agribusiness

> At the 5th Workshop on Responsible Soy and Deforestation in Brussels, participants called for downstream buyers to convert deforestation-free commitments into concrete market demand. Brazilian officials described stricter environmental enforcement and the Rural Environmental Registry.

- Date: 2017-11-08 · published 2017-11-08T12:00:00.000Z
- Category: trade · region Brazil · magnitude low
- Page: https://feedsoft.ai/events/68002-stepping-up-market-demand-for-responsible-soy-food-and-agribusiness
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

Stronger demand for certified responsible soy could create premiums for compliant Brazilian soybeans and meal, but the effect on overall soy price levels is limited at this stage.

## Read by commodity

- SBM: neutral
- SOY: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2021-05-28 | [Corn consolidates after surge on export demand - Markets - Business Recorder](https://feedsoft.ai/events/47116-corn-consolidates-after-surge-on-export-demand-markets-business-recorder.md) | +3.0% | -13.5% |
| SOY | 2024-10-20 | [China September soy imports from US up 13-fold Y/Y - Markets - Business Recorder](https://feedsoft.ai/events/14710-china-september-soy-imports-from-us-up-13-fold-y-y-markets-business-recorder.md) | +1.8% | +2.9% |
| SOY | 2024-08-29 | [Demand For US Soymeal Remains Good - ADM Investor Services](https://feedsoft.ai/events/28883-demand-for-us-soymeal-remains-good-adm-investor-services.md) | +5.2% | +8.6% |
| SOY | 2017-04-06 | [US Agriculture Bets the Farm on Chinese Soy Demand](https://feedsoft.ai/events/71362-us-agriculture-bets-the-farm-on-chinese-soy-demand.md) | +0.4% | +2.2% |
| SOY | 2018-06-05 | [Have we posted highs in the grain market? \| Iowa Agribusiness Radio Network](https://feedsoft.ai/events/6751-have-we-posted-highs-in-the-grain-market-iowa-agribusiness-radio-network.md) | -4.8% | -15.3% |
| SBM | 2017-04-06 | [US Agriculture Bets the Farm on Chinese Soy Demand](https://feedsoft.ai/events/71362-us-agriculture-bets-the-farm-on-chinese-soy-demand.md) | +0.9% | +1.4% |
| SBM | 2020-01-30 | [Russia’s target of independence on feed lysine in sight - Food & Agribusiness](https://feedsoft.ai/events/55413-russia-s-target-of-independence-on-feed-lysine-in-sight-food-and-agribusiness.md) | -2.9% | +0.3% |
| SBM | 2021-03-31 | [South Korea's NOFI tenders for 60,000 tonnes soymeal - Markets - Business Recorder](https://feedsoft.ai/events/48204-south-korea-s-nofi-tenders-for-60-000-tonnes-soymeal-markets-business-recorder.md) | +2.3% | +5.4% |

## Sources

- foodagribusiness.world: https://www.foodagribusiness.world/feed/stepping-up-market-demand-for-responsible-soy

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