SAO PAULO (AP) — For nearly 20 years, Brazil’s largest soy producers assured buyers that their harvest — the world’s biggest — wasn’t grown on land cleared from Amazonian forests. The pledge, known as the soy moratorium, has been widely credited with helping curb rainforest loss.
That changed this week when the biggest grain traders announced they would withdraw from the agreement, threatening not only its survival but also President Luiz Inácio Lula da Silva’s pledge to end deforestation by 2030.
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