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Major Brazilian Grain Traders Quit Amazon Conservation Pact

Abiove and major traders exited the 20-year soy moratorium after Mato Grosso ended tax benefits, with the pact credited for slowing Amazon deforestation since 2008.

Summary by Reuters
Several of Brazil’s largest grain traders are withdrawing from a nearly two-decade-old agreement that restricts soy purchases linked to Amazon deforestation.

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Brazil’s large soybean marketers abandoned the agreement to not purchase soy grown in deforested areas in the Amazon.

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Bloomberg broke the news in United States on Monday, January 5, 2026.
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