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UK supermarkets ask commodity traders to maintain Brazil Soy Moratorium

The moratorium was suspended by Brazil's competition authority in August.
Melodie Michel
UK supermarkets ask commodity traders to maintain Brazil Soy Moratorium
Photo by Daniela Paola Alchapar on Unsplash

Supermarkets including Tesco, Sainsbury’s 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. 

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