"RAPID RESPONSE [SOY] - Monitoring deforestation in Brazilian supply chains", 14 March 2024

...This report analyzes recent deforestation linked to soy that took place from September to December 2023 in the Amazon and Cerrado biomes in Brazil. It focuses on properties that produced soy in the 2022 harvest and that are located within 50 kilometers of the warehouses of major soy exporters, namely Amaggi, Cargill, Bunge, ADM, Cofco, LDC, and ALZ Grãos.

During this period, the deforestation and degradation alerts totaled 30,031 hectares in the Amazon, despite the Amazon Soy Moratorium that prevents traders from buying soy coming from areas deforested after 2008 in this biome...

Our report shows that the Cerrado has a higher area of deforestation proportionately to the much bigger Amazon...Notably, the highest rates of recent deforestation were found in the municipality of Barreiras, Bahia state, in the Cerrado biome, an area that exported soy to France, Germany, the Netherlands, Spain and the United Kingdom in 2023...

This report includes seven case studies encompassing a total of 7,266 hectares of recent deforestation or degradation that occurred between September and December 2023. The seven farms involved still have 37,401 hectares of remaining native vegetation in urgent need of protection. For this reason, after the detection of deforestation or degradation alerts on these farms, Mighty Earth contacted the major soy trading groups potentially associated with them, asking them to identify and monitor these cases in their supplier database...

We therefore urge Amaggi, Cargill, Bunge, ADM, Cofco, LDC, and ALZ Grãos to promptly disclose the origin of their soy products from Brazil on a public platform, including lists of all their direct and indirect suppliers, with the proportion of soy sourced from a verified Zero Deforestation and Conversion-free (ZDC) supply chain...

Company responses available here