SAO PAULO, Sept 24 (Reuters) - Brazilian antitrust
agency CADE's tribunal will begin to review an appeal made by
oilseeds lobby Abiove and grain traders, including Cargill and
Bunge, against a measure ordering the companies to
suspend enforcement of the soy moratorium program.
According to a notice published in the official gazette on
Wednesday, the six commissioners on CADE's tribunal will start
voting on the appeal on September 30.
The fate of the moratorium, a 20-year-old corporate pact
credited with slowing soy-driven deforestation in the Amazon
rainforest, is hanging in the balance as government agencies
clash over its legality, heightening risks for global grain
traders in the world's top soybean producer and exporter.
The voluntary program, which bars some 30 firms from
buying soybeans from farmers who cleared land in the Amazon
after July 2008, also represents a potential breach of Brazilian
competition law.
Last month, CADE General Superintendent Alexandre Barreto de
Souza gave grain traders an order to suspend the moratorium or
face hefty fines.
De Souza also initiated a full investigation after
concluding a preliminary probe into the signatories of the
program, citing evidence of the companies sharing commercially
sensitive information.
The suspension was welcomed by farm groups, including
Aprosoja Mato Grosso, who say the corporate agreement is unfair
and keeps some farmers out of the market.
The general superintendent's decision, however, was
criticized by grain trader lobbies, environmental groups like
Greenpeace and Brazil's environment ministry.
One week after the moratorium's suspension by CADE, Abiove
asked a federal court to block De Souza's decision and obtained
a favorable ruling. An injunction was granted against the
suspension until CADE's tribunal makes a final ruling on the
appeal.