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.
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