
The EU Deforestation Regulation (EUDR, Regulation (EU) 2023/1115) requires companies to prove that products placed on the EU market, including cattle, wood, cocoa, coffee, oil palm, rubber and soy, do not come from land deforested after 31 December 2020. Products that cannot be verified as compliant cannot be placed on the EU market.
Compliance costs and traceability requirements could restrict or raise the cost of soy and palm oil flows into the EU, a rule-driven shift in demand that could weigh on EU-bound oilseed and vegetable oil prices.
After 369 past bearish policy events, Soybeans moved a median -0.2% over 5 sessions (46% higher; middle half -1.7% to +1.8%), and +0.8% over 20.
After 400 past bearish policy events, Palm Oil moved a median -0.0% over 5 sessions (49% higher; middle half -1.3% to +1.1%), and +0.2% over 20.
After 206 past neutral policy events, Soybean Meal moved a median -0.4% over 5 sessions (44% higher; middle half -2.3% to +1.8%), and -0.7% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.