# Article - Fern

> Fern argues that EU demand for soy is driving deforestation in Brazil, noting the EU imports about 14 million tonnes of Brazilian soybeans, mostly for animal feed. The article was published ahead of the Tropical Forest Alliance 2020 assembly in Brasilia.

- Date: 2017-04-07 · published 2017-04-07T12:00:00.000Z
- Category: policy · region Brazil · magnitude low
- Page: https://feedsoft.ai/events/71525-article-fern
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

It is an advocacy piece with no new policy decision, so its price impact is limited, though it reflects pressure that could eventually constrain EU soy and soymeal imports from Brazil.

## Read by commodity

- SBM: neutral
- SOY: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2019-08-29 | [Article - Fern](https://feedsoft.ai/events/57630-article-fern.md) | -0.4% | +4.2% |
| SOY | 2024-08-29 | [Article - Fern](https://feedsoft.ai/events/28800-article-fern.md) | +5.2% | +8.6% |
| SOY | 2016-11-25 | [Article - Fern](https://feedsoft.ai/events/73860-article-fern.md) | -0.4% | -3.8% |
| SOY | 2018-07-11 | [Article - Fern](https://feedsoft.ai/events/64063-article-fern.md) | -1.5% | +4.3% |
| SOY | 2021-12-07 | [Article - Fern](https://feedsoft.ai/events/43615-article-fern.md) | -1.4% | +9.3% |
| SBM | 2018-03-19 | [Article - Fern](https://feedsoft.ai/events/66020-article-fern.md) | +1.3% | +1.3% |
| SBM | 2020-06-18 | [Article - Fern](https://feedsoft.ai/events/52636-article-fern.md) | -0.4% | -0.3% |
| SBM | 2018-10-08 | [Brazil: Anti-establishment wave prevails \| articles \| ING THINK](https://feedsoft.ai/events/7666-brazil-anti-establishment-wave-prevails-articles-ing-think.md) | -1.0% | -1.5% |

## Sources

- fern.org: https://www.fern.org/publications-insight/article/the-eus-hunger-for-soy-is-causing-destruction-in-brazil-heres-how-it-can-be-stopped-266/

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