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Food companies and grocers urge commodity suppliers to refuse soybeans from deforested areas in Brazil

Nestlé, Unilever, McDonald s, Walmart Inc., Tesco Plc and other consumer-goods companies demanded in a letter that the traders refuse to trade soy from deforested regions Some of the world’s largest food companies and grocers urged commodity suppliers including Archer-Daniels-Midland Co, Bunge Ltd, Cargill Inc and Louis Dreyfus Co. to stop trading soybeans associated with deforestation in Brazil’s Cerrado region, a savanna that is a hive of biodiversity and one of the country’s most important carbon sinks. Nestlé, Unilever, McDonald s, Walmart Inc., Tesco Plc and other consumer-goods companies demanded in a letter that the traders refuse to trade soy from deforested regions of the Cerrado starting next year.

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