Grain traders abandon Soy Moratorium as tax incentives end

A group of 20 institutions abandoned the largest private agreement for the preservation of the Amazon on 5 January 2026. Among them are some of the world’s largest grain traders operating in Brazil, which are no longer part of the pact. The so-called Soy Moratorium prohibited the purchase and commercialisation of soybeans produced on land deforested in the Brazilian Amazon after 22 July 2008. Between 2002 and 2008, municipalities producing soy in the Amazon cleared, on average, 1.06 million