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Soybean Moratorium Renewed in Brazil’s Amazon Region

By Lise Alves, Senior Contributing Reporter

SÃO PAULO, BRAZIL – The Brazilian government, soybean processing companies and non-governmental agencies renewed on Tuesday, November 25th, a moratorium pact whereby Brazil’s soybean industry and exporters agreed to refrain from purchasing the grain from areas in the Amazon region which have been cleared since June 2008, to be used for farming.

“The renewal of the basic principles of the moratorium is a relief for all those that in Brazil and abroad feared that the end of the pact would mean an increase in the deforestation of the largest tropical forest in . . .

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