In Brazil, COFCO International, Modern Farming and China Shengmu Organic Milk, both subsidiaries of Mengniu Group, have signed a strategic cooperation framework agreement to supply 1.5 million tons of certified sustainable soybeans from Brazil to China.
The soybeans will be third-party verified as deforestation- and conversion-free (DCF) since 31 December 2020, with on-farm audits ensuring sustainable water management, biodiversity conservation, and ethical labour standards in compliance with the COFCO International Responsible Agriculture Standard, COFCO said.
“This agreement reflects China’s growing demand for sustainable commodities – benefiting Brazil’s agricultural sector and its farmers,” said Luiz Noto, CEO of COFCO International Brazil. “Brazil has made great strides in sustainability, and agreements like this reinforce those efforts while creating new opportunities for producers.”
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Tags: Brazil, China, soybeans
Category: Food & Agriculture
