{"id":60035405,"date":"2024-06-06T09:38:29","date_gmt":"2024-06-06T08:38:29","guid":{"rendered":"https:\/\/dialogue.earth\/?post_type=news_digest&#038;p=60035405"},"modified":"2024-06-06T09:38:34","modified_gmt":"2024-06-06T08:38:34","slug":"china-imports-first-zero-deforestation-soybeans-from-brazil","status":"publish","type":"news_digest","link":"https:\/\/dialogue.earth\/en\/digest\/china-imports-first-zero-deforestation-soybeans-from-brazil\/","title":{"rendered":"China imports first \u2018zero-deforestation\u2019 soybeans from Brazil"},"content":{"rendered":"\n<p>A 50,000-tonne batch of \u2018zero-deforestation\u2019 soybeans has arrived in China from Brazil, <a href=\"https:\/\/finance.people.com.cn\/n1\/2024\/0604\/c1004-40249983.html\">people.com.cn<\/a> reports.<\/p>\n\n\n\n<p>Such beans are intended to be produced without any deforestation or vegetation damage.\u00a0<\/p>\n\n\n\n<p>This is the first soybean order to be imported to China with a \u201cdeforestation- and conversion-free (DCF)\u201d clause. The deal was signed last year by two agricultural companies from China including its largest agribusiness, COFCO (China Cereals, Oils and Food Corporation).<\/p>\n\n\n\n<p>Yin Xiaochao, who heads the export business of COFCO\u2019s Brazilian grain and oil team, <a href=\"https:\/\/news.cnr.cn\/native\/gd\/20240601\/t20240601_526726543.shtml?liebao\">told<\/a> China Central Broadcasting Network that it had taken time to find suitable sources of soybean and to conduct internal and external certification of the purchased product.<\/p>\n\n\n\n<p>The order was facilitated by the World Economic Forum\u2019s Tropical Forest Alliance. Jack Hurd, executive director of the alliance, <a href=\"https:\/\/cn.weforum.org\/press\/2023\/11\/tropical-forest-alliance-facilitates-trade-of-deforestation-free-soybeans-from-brazil-to-china-cn\/\">called<\/a> it \u201ca milestone [that] sends a positive market signal from China to the global commodity market.\u201d\u00a0<\/p>\n\n\n\n<p>Soft commodities, particularly soy, beef, palm oil, paper and pulp, are major drivers of global deforestation. According to <a href=\"https:\/\/cn.chinadaily.com.cn\/a\/202406\/04\/WS665ede4ca3109f7860de09ca.html\">China Daily<\/a>, millions of hectares of forest in Brazil have been lost since the 1970s as soybean cultivation expanded.<\/p>\n\n\n\n<p>COFCO <a href=\"https:\/\/www.reuters.com\/business\/cop\/cop27-major-food-firms-detail-plans-eliminate-deforestation-by-2025-2022-11-07\/\">pledged<\/a> in 2022 to eliminate deforestation from its soy, beef and palm oil supply chains by 2025. However, a 2023 investigative <a href=\"https:\/\/news.mongabay.com\/2023\/06\/despite-billions-tied-to-clean-supply-chains-chinas-cofco-still-turns-to-deforesters\/\">report<\/a> by Rep\u00f3rter Brasil found that the company\u2019s soy and palm oil supply chains still involve deforestation. <a href=\"https:\/\/www.globalwitness.org\/zh-cn\/why-should-global-financiers-worry-about-cofco-zh-cn\/\">Global Witness<\/a>, a UK-based NGO, believes banks financing COFCO should be concerned about its deforestation footprint.<\/p>\n\n\n\n<p>COFCO recently <a href=\"https:\/\/www.cofco.com\/cn\/News\/Allnews\/Latest\/2024\/0531\/54243.html\">claimed<\/a> to have achieved 100% traceability of the soy it purchases directly from Brazil. It plans to establish a \u201czero-deforestation\u201d soybean supply chain in important ecological areas in Latin America in 2025. Related projects to establish sustainable palm oil and coffee supply chains around the world are also on the cards, the company added.<\/p>\n\n\n\n<p><em>Read Dialogue Earth\u2019s <\/em><a href=\"https:\/\/dialogue.earth\/en\/business\/378124-cofco-chinese-soy-trader-progress-on-traceability-brazil-unclear\/\"><em>analysis<\/em><\/a><em> of COFCO\u2019s progress on traceability in Brazil.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>A 50,000-tonne batch of \u2018zero-deforestation\u2019 soybeans has arrived in China from Brazil<\/p>\n","protected":false},"featured_media":60006649,"template":"","categories":[758,763,50039902],"tags":[506,50029579,50040312,531,50040324,595,600],"country":[50000021,20000110],"digest-collection":[50039911],"class_list":["post-60035405","news_digest","type-news_digest","status-publish","has-post-thumbnail","hentry","category-business","category-food","category-forests","tag-amazon","tag-beef","tag-cerrado","tag-deforestation","tag-rainforests","tag-soy","tag-trade","country-brazil","country-china"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.0 (Yoast SEO v26.0) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>China imports first \u2018zero-deforestation\u2019 soybeans from Brazil | Dialogue Earth<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" 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