In our sixth most read story in January 2020, Cargill moved to clarify what its current trading relationship is with Nestlé, following the report in the Wall Street Journal (WSJ) that the leading food and beverage company had stopped buying Cargill’s Brazilian soy because of concerns about the link to deforestation.
The Minnesota headquartered agribusiness giant said Nestlé remains a major customer. “They simply moved their sourcing from Brazil,” a spokesperson for Cargill told us.
The spokesperson said Cargill is fully committed to ending deforestation in its supply chains. “Currently, we are able to meet our customers’ needs by offering fully sustainable soy supplies from multiple locations.”
At the end of December 2019, Cargill published its latest progress report on sustainable soy in Brazil, with a specific focus on forests, said the representative.