巴西反垄断机构决定2026年起恢复“黄豆禁伐令”

Core Points - The Brazilian Administrative Council for Economic Defense (Cade) has ruled to reinstate the "Soybean Moratorium" starting January 1, 2026, after a temporary suspension [1][2] - The Soybean Moratorium is a self-regulatory agreement signed by major trading companies and exporters since 2008, prohibiting the purchase of soybeans produced on land cleared after 2008 in legally protected areas of the Amazon, despite compliance with the 2012 Forest Code [1][2] - The decision has sparked industry disagreements, with the Brazilian Vegetable Oil Industry Association (Abiove) supporting regulatory certainty, while the Mato Grosso Soybean and Corn Producers Association argues it infringes on the rights of lawful farmers [1][2] Industry Impact - The moratorium has been credited with reducing deforestation in the Amazon during critical periods and maintaining Brazil's sustainable agricultural image in international markets [2] - Some European retailers have urged Brazilian traders to continue sourcing soybeans only from areas not recently deforested, even during the moratorium's suspension [2] - Analysts suggest that Cade's decision will not only affect Brazil's agricultural production and export landscape but may also have significant implications for Brazil's image in international environmental and trade negotiations [2]