"Brazil is the world's biggest soya bean exporter. The legume, used largely for animal and fish feed, is one of the most widely grown crops in Brazil, and posed a huge deforestation threat to the Amazon rainforest until stakeholders voluntarily agreed to impose a moratorium and no longer source it from the region in 2006. The voluntary agreement brought together farmers, environmentalists and international food companies such as Cargill and McDonald's, and determined that any detection of soya beans planted on areas deforested after 2008"
"But earlier this week it was revealed that the anti-monopoly agency, Cade (the administrative council for economic defence) had given grain traders, such as Bunge, Cargill, Louis Dreyfus and Cofco, 10 days to suspend the moratorium or face financial penalties. Cade's general superintendent, Alexandre Barreto de Souza, said he had instigated an investigation into the moratorium, noting that it involved sharing commercially sensitive information."
Brazil suspended the Amazon soy moratorium, potentially exposing an area the size of Portugal to agricultural clearing. The moratorium began as a 2006 voluntary agreement that barred sourcing soy from areas deforested after 2008, involving farmers, environmentalists and major food companies and credited with preventing about 17,000 sq km of forest loss while enabling soy expansion. The anti-monopoly agency Cade ordered major traders including Bunge, Cargill, Louis Dreyfus and Cofco to suspend the moratorium within 10 days or face penalties, citing the sharing of commercially sensitive information. Conservation groups warn of renewed clearing and urge buyers and consumers to resist agribusiness pressure.
Read at www.theguardian.com
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