UK supermarkets ask commodity traders to maintain Brazil Soy Moratorium
The moratorium was suspended by Brazil's competition authority in August.
Supermarkets including Tesco, Sainsburyâs and Morrisons have written a letter to the CEOs of commodity trading companies asking them to maintain Brazil's Soy Moratorium despite recent legal uncertainty.
The Soy Moratorium is a sectoral agreement signed in 2006 by grain trading companies such as ADM, Bunge, Cargill, Louis Dreyfus Company and COFCO to eliminate Amazon deforestation from the global soybean supply chain.