
The EU Deforestation Regulation (EUDR, Regulation 2023/1115) has been amended again, including a one-year postponement under Regulation 2025/2650 and simplified declarations for micro and small primary operators. A delegated regulation published in September 2026 redefines the scope of derived products covered by the rules, with exemptions, while keeping the list of covered raw materials unchanged.
Changes to product scope and simplification affect which soy, palm oil and cocoa derivatives need due-diligence proof when entering the EU, shaping sourcing decisions for feed and oilseed buyers. The immediate price effect is limited.
After 1,905 past policy events, Soybeans moved a median +0.1% over 5 sessions (52% higher; middle half -1.4% to +1.8%), and +0.2% over 20.
After 734 past policy events, Soybean Meal moved a median -0.2% over 5 sessions (46% higher; middle half -1.9% to +1.6%), and -0.4% over 20.
After 1,570 past policy events, Palm Oil moved a median +0.2% over 5 sessions (54% higher; middle half -1.1% to +1.6%), and +0.5% 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.