SAO PAULO, Sept 5 (Reuters) - Large food retailers
including Tesco ( TSCDF ), Sainsbury's and Aldi have
urged global grain traders to defend Brazil's soy moratorium
initiative, a pact designed to protect soy-driven deforestation
in the Brazilian Amazon.
In a letter dated Sept. 5 seen by Reuters, the food grocers
directly ask the CEOs of ADM, Bunge, Cargill, Louis Dreyfus
Company and China's Cofco "to publicly reaffirm the 2008 cut-off
date" for banning purchases of soybeans from farmers in the
sensitive biome.