EU deforestation regulations will affect Ukrainian soybean supply chains

As part of the Green Deal, last year the EU adopted regulations to combat deforestation, which affects supply chains not only for EU-grown products but also globally.

This regulation affects 6 crops that the EU has recognized as risky in terms of deforestation: cocoa, coffee, palm oil, timber, beef and soy.

This was announced by Volodymyr Pugachov, Executive Director of the Danube Soybean Association, during the BLACK SEA GRAIN. KYIV 2024 CONFERENCE.

It is assumed that the supply of soybeans or its products to the EU from January 1, 2025 (and this will affect the 2024 harvest) will require a traceability certificate or geo-coordinates of the field and confirmation of the absence of deforestation.

The expert explained that producers will need to confirm that no deforestation was carried out on the field where soybeans imported to the EU were grown after 2020.

“In practice, this means a change in the classical approach to the supply of agricultural products, as soybeans are no longer a crop that is taken to the elevator, so full traceability within certain grain quality systems should be provided,” says Volodymyr Pugachov.

He adds that today the situation is not yet finalized as to what the EU really accepts, but it is necessary to prepare for changes in the soybean supply model.

Tags: BLACK SEA GRAIN.KYIV - 2024, Ukraine, EU, soybean, Beef cattle, palm oil, legislation