# How Ivorian cocoa farmers are restoring lost tree cover - EU REDD Facility

> The EU REDD Facility describes how Ivorian cocoa farmers are restoring tree cover as part of zero-deforestation commodity production. It argues that lessons from the EU FLEGT Voluntary Partnership Agreements can help define the enabling conditions for zero-deforestation trade. The piece is a policy paper on governance rather than a market event.

- Date: 2017-06-16 · published 2017-06-16T12:00:00.000Z
- Category: policy · region Côte d'Ivoire · magnitude low
- Page: https://feedsoft.ai/events/70531-how-ivorian-cocoa-farmers-are-restoring-lost-tree-cover-eu-redd-facility
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md), [Palm Oil](https://feedsoft.ai/c/PALMOIL.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Barley](https://feedsoft.ai/c/BARLEY.md)

## Why it matters

Improved forest governance in West African cocoa could eventually affect cocoa supply, but cocoa is not in the covered commodity list and the effect on feed markets is negligible.

## Read by commodity

- CORN: bullish ▲
- WHEAT: bullish ▲
- BARLEY: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2022-05-27 | [Centre is monitoring India's rice stock: Concerns rise over an export ban \| Times Now](https://feedsoft.ai/events/41361-centre-is-monitoring-india-s-rice-stock-concerns-rise-over-an-export-ban-times.md) | -1.6% | -3.5% |
| WHEAT | 2019-12-24 | [Argentine government taxes farmers to fund spending - Grain Central](https://feedsoft.ai/events/55423-argentine-government-taxes-farmers-to-fund-spending-grain-central.md) | +0.6% | +2.7% |
| WHEAT | 2024-04-12 | [Export bans, restrictions: How government is trying to keep food prices in check ahead of elections](https://feedsoft.ai/events/30688-export-bans-restrictions-how-government-is-trying-to-keep-food-prices-in-check.md) | -0.7% | -0.2% |
| WHEAT | 2018-07-25 | [Farmers prefer Trump do trade deals than hand them cash \| Tyler Morning Telegraph](https://feedsoft.ai/events/6572-farmers-prefer-trump-do-trade-deals-than-hand-them-cash-tyler-morning-telegraph.md) | -0.6% | -0.6% |
| WHEAT | 2021-04-21 | [China Seeking Alternatives to Corn and Soybean Meal \| Red River Farm Network](https://feedsoft.ai/events/47709-china-seeking-alternatives-to-corn-and-soybean-meal-red-river-farm-network.md) | +4.5% | +1.7% |
| CORN | 2018-10-01 | [New Nafta Has American Corn Farmers Breathing Easier - Bloomberg](https://feedsoft.ai/events/62572-new-nafta-has-american-corn-farmers-breathing-easier-bloomberg.md) | +1.2% | +0.7% |
| CORN | 2023-11-21 | [Argentine election may boost farmer spending, grain prices -biotech firm Bioceres \| Reuters](https://feedsoft.ai/events/13949-argentine-election-may-boost-farmer-spending-grain-prices-biotech-firm-bioceres.md) | -3.2% | -0.5% |
| CORN | 2019-12-24 | [Argentine government taxes farmers to fund spending - Grain Central](https://feedsoft.ai/events/55423-argentine-government-taxes-farmers-to-fund-spending-grain-central.md) | -0.2% | +0.6% |

## Sources

- euredd.efi.int: https://euredd.efi.int/making-zero-deforestation-commodity-production-trade-reality/
- beefcentral.com: https://www.beefcentral.com/lotfeeding/feed-grain-markets-more-nervous-that-a-cane-toad-at-fifitas-place/

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