For nearly 20 years, soybean traders have been honouring a pledge not to source from areas subject to deforestation in the Amazon. That agreement, known as the soy moratorium, is currently hollowing out. Experts fear deforestation could rise by a third over the next 20 years as a result. In early January, the Brazilian Association of Vegetable Oil Industries (Abiove), which represents the main grain trading companies, announced its withdrawal from the pledge.