Eurocommission proposes not to delay EUDR implementation for large and medium companies

European soybean buyers and sellers told Platts, part of S&P Global Commodity Insights, on October 22 that they are cautious about short-term price trends following the European Commission’s October 21 proposal to extend the application of the EU Deforestation Regulation (EUDR).

The Commission proposed that the EUDR continue to take effect on December 30, 2025, for large and medium-sized companies, while micro and small operators would be subject to the regulation from December 30, 2026, instead of June 30, 2026. The proposal also includes a six-month grace period for enforcement for large and medium companies, meaning that oversight and compliance checks would start after June 30, 2026. Enforcement for micro and small operators would begin after December 30, 2026.

European Parliament and Council discussions will follow, and the proposal must be officially adopted before taking effect. The Commission called for adoption of the amendment by the end of 2025.

Market participants remain cautious, many taking a wait-and-see approach. Some buyers in Denmark noted that they have already secured volumes ahead of EUDR enforcement, while sellers in the Netherlands and Spain reported increased market pressure. According to Platts data on October 22, soymeal availability is tightening across Europe, with buyers closely monitoring how the EUDR proposal may affect future market dynamics.

Tags: EU, soybean meal