# Biggest threat to forests, beef lags in push to cut supply chain deforestation

> A report assessing corporate commitments to cut deforestation found palm oil and wood companies have made more pledges than soy and cattle producers. Only 21 percent of soy and as little as 12 percent of cattle sourcers had made commitments.

- Date: 2016-11-03 · published 2016-11-03T12:00:00.000Z
- Category: report · region Global · magnitude low
- Page: https://feedsoft.ai/events/73863-biggest-threat-to-forests-beef-lags-in-push-to-cut-supply-chain-deforestation
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Palm Oil](https://feedsoft.ai/c/PALMOIL.md)

## Why it matters

Weaker deforestation commitments in soy and cattle supply chains signal limited near-term change in sourcing, so the report has little direct price effect on feed commodities.

## Read by commodity

- SOY: neutral
- PALMOIL: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2018-08-13 | [Trase.earth tracks commodities, links supply chains to deforestation risk](https://feedsoft.ai/events/63556-trase-earth-tracks-commodities-links-supply-chains-to-deforestation-risk.md) | +4.2% | -1.5% |
| SOY | 2016-12-17 | [Companies are underestimating the risks of deforestation in their commodities supply chains](https://feedsoft.ai/events/73496-companies-are-underestimating-the-risks-of-deforestation-in-their-commodities.md) | -4.6% | +3.7% |
| SOY | 2025-07-01 | [New European Soy Report Highlights Progress and Challenges in Transition to Deforestation-Free Supply Chains  - ProTerra Foundation](https://feedsoft.ai/events/23779-new-european-soy-report-highlights-progress-and-challenges-in-transition-to.md) | 0.0% | -4.1% |
| SOY | 2024-01-29 | [Assessing tropical deforestation in Germany's agricultural commodity supply chains \| SEI](https://feedsoft.ai/events/32135-assessing-tropical-deforestation-in-germany-s-agricultural-commodity-supply.md) | -1.7% | -6.1% |
| SOY | 2020-06-02 | [The state of forest-risk supply chains – Global Canopy](https://feedsoft.ai/events/52642-the-state-of-forest-risk-supply-chains-global-canopy.md) | +2.9% | +3.1% |
| PALMOIL | 2016-12-17 | [Companies are underestimating the risks of deforestation in their commodities supply chains](https://feedsoft.ai/events/73496-companies-are-underestimating-the-risks-of-deforestation-in-their-commodities.md) | -1.2% | -0.3% |
| PALMOIL | 2020-06-02 | [The state of forest-risk supply chains – Global Canopy](https://feedsoft.ai/events/52642-the-state-of-forest-risk-supply-chains-global-canopy.md) | +3.9% | +5.2% |
| PALMOIL | 2024-05-29 | [EU27 countries in the spotlight for deforestation exposure](https://feedsoft.ai/events/30265-eu27-countries-in-the-spotlight-for-deforestation-exposure.md) | +1.5% | +1.1% |

## Sources

- reuters.com: https://www.reuters.com/article/us-climatechange-forests-business-idUSKBN12Y0NW/

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