EU begins applying anti-deforestation rules to large operators in December

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.

• Sep 23, 2025EU to delay anti-deforestation law by another year | Reuters-0.0%
• Nov 16, 2021EU Targets Key Commodities in New Rules to Prevent Deforestation - Bloomberg+1.4%
• Dec 6, 2022EU agrees law preventing import of goods linked to deforestation | Reuters+1.6%
• Dec 18, 2025EU countries approve year-long delay to deforestation law | Reuters+0.5%
• Nov 18, 2021EU imposes rules on six products to halt ‘imported deforestation’ – EUobserver-0.8%

After 223 past bearish policy events, Soybean Meal moved a median -0.3% over 5 sessions (45% higher; middle half -2.2% to +1.2%), and -0.6% over 20.

• Sep 23, 2025EU to delay anti-deforestation law by another year | Reuters-3.5%
• Jun 3, 2021EU plans mix of mandatory and voluntary rules to tackle deforestation | Euractiv-1.8%
• Mar 5, 2024EUDR: Is the food industry ready to prove its supply chains are deforestation-free?+0.6%
• Nov 9, 2022CRR Report (09th November 2022) - EU Deforestation Regulation: Traceability Requirement Impact on Soy and Beef in Brazil - AidEnvironment-1.9%
• Apr 29, 2024EUDR: What food and beverage operators need to know+6.0%