US EditionTop Soy Traders Exit Pact That Protects Amazon Forests
5 Articles
5 Articles
The moratorium on soy in the Amazon was for almost two decades a red line that separated agricultural production and deforestation. It was not a law, but a voluntary commitment that worked better than many official rules. Therefore, the decision of the main marketers to abandon the agreement is not a minor gesture: it opens an uncertain scenario in the heart of the largest rainforest on the planet. The decision came after the legislation of the …
Abiove represents large companies in Brazil such as Cargill, Amagji and JBS, the world's largest beef exporter.
The Brazilian Association of Vegetable Oil Industries (Abiove) announced last Monday (5) its withdrawal from the Soy Moratorium, a voluntary agreement signed in 2006 by companies in the sector, with the support of the federal government and civil society organizations, to not trade soy from areas of the Amazon that have been deforested since 2008. The entity represents large companies in the soy processing, industrialization and trade sector. Th…
Rio de Janeiro.- The Brazilian Association of Plant Oil Industries (Abiove), which brings together large marketers such as Cargill, Bunge and Amaggi, has decided to abandon the agreement by which it undertook not to acquire soy grown in deforested areas in the Amazon. The announcement came four days after the entry into force of a law of the regional government of Mato Grosso (west of Brazil) that vetoes the granting of tax incentives to the com…
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