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Brazil’s Soy Moratorium solidified the world’s largest traders’ commitment to stop soybean purchases from production areas deforested after July 2006. The aim was to remove deforestation from the soybean supply-chain and halt one of the main drivers of forest loss in the Amazon biome. In this study, we investigated changes in deforestation at the property-level for the period 2004 to 2014. The objective was to examine direct and indirect deforestation, defined as on-property displacement and cross-parcel displacement deforestation for soybean expansion in the Amazon region of Mato Grosso, the leading soy-producing state of the Brazilian Amazon. We used publicly available property and land use data to quantify deforestation associated with cropland expansion. Similar to previous studies, we found that direct deforestation for soybean expansion declined following the implementation of the Soy Moratorium …