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The EU Deforestation Regulation, due to apply from December 30, 2026, covers imports of cattle, cocoa, coffee, palm oil, rubber, wood, soy and derived products, but excludes tobacco. Tobacco production in parts of East Africa contributes to forest pressure, mainly because wood is used as fuel to dry tobacco leaves; the region supplies about a quarter of Europe’s tobacco imports.
Tobacco is not directly subject to the regulation’s EU market due-diligence requirements, so the rules do not constrain this source of demand for wood fuel or affect covered feed-commodity flows directly. No listed feed commodity has a clear price implication.
theconversation.comAbdoul Fattath Yaya Tapsoba, Matthieu BrunNov 9, 2026After 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.
