LatinNews Daily - 20 August 2025

*Brazil’s antitrust regulator (Cade) has launched an investigation into soybean traders which have signed up to the ‘soya moratorium’, a private-sector agreement first announced in 2006 under which exporters pledged to avoid trading soybeans sourced from land in the Amazon biome that was deforested after 2008. The investigation arose from a request from the agriculture committee in congress. Representatives from Brazil’s soybean producers and agribusiness lobby groups have long criticised the soya moratorium, and this latest challenge argues that the agreement poses a threat to free competition. The firms that signed up to the moratorium, including members of the national grain exporters association (Anec) and the national vegetable oils industry association (Abiove), collect and share data on the production and distribution of soybeans. Cade declared that this, among other practices by the group, could be anti-competitive and ordered for the data sharing to end. However, Cade’s order to suspend the moratorium has faced backlash from civil society. The Brazilian branch of international environmental NGO Greenpeace released a statement yesterday warning that a termination of the moratorium would derail Brazil’s climate goals and commitments to protect the Amazon rainforest.

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