# New timber risk assessments will help companies source legal wood

> NEPCon released its Sourcing Hub, a database of forest-related risk assessments covering illegal timber risk in 62 countries and palm oil, soy and beef risk in 10 countries. It is designed to help companies meet due-diligence requirements such as the EU Timber Regulation.

- Date: 2017-09-08 · published 2017-09-08T12:00:00.000Z
- Category: report · region Global · magnitude low
- Page: https://feedsoft.ai/events/68989-new-timber-risk-assessments-will-help-companies-source-legal-wood
- 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 a compliance and due-diligence tool rather than a supply shock. It may help buyers document legal sourcing of soy, palm oil and beef, with negligible near-term price impact.

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2017-08-07 | [Companies and governments working together helps halt deforestation - report \| News \| Eco-Business \| Asia Pacific](https://feedsoft.ai/events/69464-companies-and-governments-working-together-helps-halt-deforestation-report-news.md) | -1.4% | -0.8% |
| SOY | 2021-10-06 | [Will newfound supplies threaten corn, soy profits?](https://feedsoft.ai/events/44604-will-newfound-supplies-threaten-corn-soy-profits.md) | -4.2% | -0.5% |
| SOY | 2021-11-12 | [Soybean complex takes the lead after WASDE yield surprise - Agweek \| #1 source for agriculture news, farming, markets](https://feedsoft.ai/events/7047-soybean-complex-takes-the-lead-after-wasde-yield-surprise-agweek-1-source-for.md) | +4.4% | +4.6% |
| SOY | 2025-03-12 | [How will the EUDR affect the UK’s trade  in deforestation-risk commodities? (Dec/24)](https://feedsoft.ai/events/25600-how-will-the-eudr-affect-the-uk-s-trade-in-deforestation-risk-commodities-dec-24.md) | +1.5% | -0.5% |
| SOY | 2020-11-09 | [November WASDE has bullish surprises for soybeans, corn - Agweek \| #1 source for agriculture news, farming, markets](https://feedsoft.ai/events/50092-november-wasde-has-bullish-surprises-for-soybeans-corn-agweek-1-source-for.md) | +3.9% | +5.5% |
| SBM | 2017-08-07 | [Companies and governments working together helps halt deforestation - report \| News \| Eco-Business \| Asia Pacific](https://feedsoft.ai/events/69464-companies-and-governments-working-together-helps-halt-deforestation-report-news.md) | -1.8% | -3.4% |
| SBM | 2019-09-03 | [SUBSCRIBER NOTE: Platts launches FOB Argentina soybean oil, meal price assessments \| S&P Global](https://feedsoft.ai/events/57157-subscriber-note-platts-launches-fob-argentina-soybean-oil-meal-price.md) | -0.3% | +2.3% |
| SBM | 2021-11-12 | [Soybean complex takes the lead after WASDE yield surprise - Agweek \| #1 source for agriculture news, farming, markets](https://feedsoft.ai/events/7047-soybean-complex-takes-the-lead-after-wasde-yield-surprise-agweek-1-source-for.md) | +7.0% | +7.2% |

## Sources

- globalwoodmarketsinfo.com: https://www.globalwoodmarketsinfo.com/new-timber-risk-assessments-will-help-companies-source-legal-wood/

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