Here's Why Cargill Suspended Palm Oil Deal With Malaysia's Leading Planter Sime Darby: Bloomberg

Leading agricultural trader Cargill Inc stopped buying palm oil products from Sime Darby Plantation Bhd SDPNF following indication of forced labor, Bloomberg reports.
Sime Darby acknowledged that Cargill had suspended all new sourcing of palm oil and derivative products since February 25 for reasons undisclosed. The companies were in talks.
Sime is a leading oil palm planter by acreage.
The U.S. Customs and Border Protection looked to seize Sime's palm oil and related goods as Sime used convicts and forced or indentured labor to manufacture products.
Sime acknowledged it is taking measures to improve its labor rights and that other customers have taken up the supply of bulk products to Cargill in India.
Sime also acknowledged that Italian confectionery giant Ferrero would stop sourcing palm oil from the company.
Ferrero, General Mills Inc GIS, and The Hershey Co HSY ceased to have been Sime's customers for a while.
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