Naturally Interesting

Palm Oil, Brazilian Soy, and American Agribusiness

March 25, 2008 · No Comments

I suppose I knew this, I just never really thought about it

“An ADM subsidiary, the Wilmar Group, is the world’s largest producer of palm-based biodiesel and is clearing tropical rainforests in Indonesia that are among the last remaining habitats of the critically endangered orangutan. U.S. agribusiness giants ADM, Bunge and Cargill account for 60 percent of the funding for Brazil’s booming soy crop. Soy has become a leading cause of deforestation in the Amazon as Brazil has overtaken the United States as the world’s largest exporter of soy, largely due to American farmers planting more corn for ethanol.”

Read more on Palm oil, ADM, and the Rainforest Action Network over at Climate Progress.

Categories: environment
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