SAO PAULO, Brazil (Reuters) — A farmers’ lobby in Brazil is seeking to end a two-decade-long agreement that forbids grain traders from buying soybeans from farms on deforested land in the Amazon rainforest, claiming the deal has created an uneven playing field. Aprosoja-MT, based in western Mato Grosso state, says the agreement fostered “a purchasing […] Read more
Tag Archives deforestation
EU pressured to ease deforestation regulation
European Union was expected to need more canola once it began restricting imports of products linked to deforestation
SASKATOON — The European Union is coming under increasing pressure to delay and to soften its proposed deforestation regulation. And that could “limit the upside” canola exporters were anticipating because of the new law, says an analyst. Related stories: The regulation will ban the import of products linked to the destruction of the world’s forests, […] Read more
Anti-deforestation law’s impact on canola remains uncertain
The European Union legislation could change trade flows, but it is hard to predict the overall effect on canola demand
SASKATOON — It is unclear what impact the European Union’s looming anti-deforestation regulation will have on canola demand, says an industry official. The EU’s Regulation on Deforestation-free Products entered into force June 29, 2023. It stipulates that any business or trader who markets commodities such as cattle, wood, cocoa, soy, palm oil, coffee, rubber and […] Read more
JBS calls for more anti-deforestation efforts
CHICAGO, Ill. (Reuters) — Brazil needs a mandatory government program to track cattle being raised for beef to prevent deforestation, the head of the world’s largest meat company, Brazil’s JBS, said recently. Cattle ranching, along with clearing land to sell timber or grow crops, is driving deforestation in the Amazon rainforest. The destruction of rainforests, […] Read more
