Food grocers urge grain traders to uphold Brazil's soy moratorium initiative

ReutersSep 5, 2025 4:57 PM

SAO PAULO, Sept 5 (Reuters) - Large food retailers including Tesco TSCO.L, Sainsbury's and Aldi ALDIEI.UL have urged global grain traders to defend Brazil's soy moratorium initiative, a pact designed to protect soy-driven deforestation in the Brazilian Amazon.

In a letter dated Sept. 5 seen by Reuters, the food grocers directly ask the CEOs of ADM, Bunge, Cargill, Louis Dreyfus Company and China's Cofco "to publicly reaffirm the 2008 cut-off date" for banning purchases of soybeans from farmers in the sensitive biome.

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