Transparency in Global Agribusiness: Transforming Brazil’s Soybean Supply Chain Based on Companies’ Accountability

Gabriel Medina and Karim Thomé
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Gabriel Medina: Faculty of Agronomy and Veterinary Medicine, University of Brasilia, Brasília 70910-900, Brazil
Karim Thomé: Faculty of Agronomy and Veterinary Medicine, University of Brasilia, Brasília 70910-900, Brazil

Logistics, 2021, vol. 5, issue 3, 1-15

Abstract: Background: Although agri-food supply chains have become fundamental for food security throughout the world, some are associated with negative environmental and socioeconomic impacts. This study explores the possibilities of transforming the governance in Brazil’s soybean supply chain based on stakeholders’ accountability. Methods: We used secondary data from companies’ reports and statistical yearbooks to identify key stakeholders in the soybean supply chain as well as to explore trade-offs between reducing farming expansion into new agricultural frontiers and increasing investments in agro-industrial sectors. Results: The results reveal that at the global level, multinational corporations along with domestic groups should be held accountable for improving the governance of the soybean supply chain in Brazil since foreign multinationals control 65.4% of it. At the domestic level, losses in Brazil’s farming sector can either be offset by an 11% or 5.2% market share increase in the trading segment or in the whole supply chain, respectively, since Brazilian groups control 93.4% of the farming sector but only 7.1% of the agro-industrial sectors. Conclusions: Global accountability and domestic trade-offs are fundamental for transforming governance in global agri-food supply chains. They serve as a means for overcoming the current strategy of expansion into new farming frontiers.

Keywords: food supply chains transformation; stakeholder accountability; business evolution; corporate environmental management; responses to environmental issues; environmental; social and governance values (ESG) (search for similar items in EconPapers)
JEL-codes: L8 L80 L81 L86 L87 L9 L90 L91 L92 L93 L98 L99 M1 M10 M11 M16 M19 R4 R40 R41 R49 (search for similar items in EconPapers)
Date: 2021
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (5)

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