Brazil’s Mato Grosso Farmers Sue Global Grain Traders Over Soy Moratorium Agreement

Brazil’s Mato Grosso farmers lobby Aprosoja-MT has filed a lawsuit against global grain companies over Brazil’s so-called “soy moratorium.”

Brazil flag
Brazil flag
(Farm Journal )

Brazil’s Mato Grosso farmers lobby Aprosoja-MT has filed a lawsuit against global grain companies over Brazil’s so-called “soy moratorium,” a voluntary agreement by traders that bans the purchase of soybeans from areas of the Amazon deforested after 2008.

The defendants in the suit include the Brazilian units of ADM, Bunge, Cargill, Louis Dreyfus Company and COFCO, according to a copy of Aprosoja’s complaint filed with the court and seen by Reuters.

Lobbies for grain exporters, such as Abiove and Anec, are included as defendants in the proceedings.

Brazil’s Supreme Court ruled on Monday the country’s biggest farming state will be allowed to withdraw tax incentives from signatories of the so-called “soy moratorium.” The ruling must now be confirmed by a panel of Supreme Court justices before it can be enforced from Jan. 1, 2026, the decision said.

Unlock the Pro Farmer news and analysis that isn’t available online. Sign up for a $1 trial subscription here.

AgWeb-Logo crop
Related Stories
The May Farm Journal Ag Economists’ Monthly Monitor reveals growing concern over farm profitability, rising debt costs and long-term financial stress, with economists saying many operations may need significant restructuring to remain viable.
Both classes of winter wheat ended limit up on the day as USDA shocked the market with their aggressive production cuts in the May WASDE putting the crop at a 54 year low, according to Arlan Suderman, StoneX.
Vince Boddicker with Farmers Trading Company, says grain markets rallied on Monday adding risk premium on the war headlines but also positioning ahead of the May WASDE and China summit.
Get News Daily
Get Market Alerts
Get News & Markets App