Soy, beef, palm oil, timber, cocoa, coffee and rubber, as well as some products made from them, will fall under the EU Deforestation Regulation (EUDR) from Dec. 30, 2024. It sets out binding due diligence obligations for market participants when importing and exporting these products. Initially, it only applies to large and medium-sized companies, but from mid-2025 it will also apply to small and micro enterprises.