While it might be technically true, it's missing a whole bunch of steps in the middle for it to be a practicality.
As I said in my comment:
But no one wants to do that.
And about this:
And that was just off of the top of my head.
Beef is the major factor in the amazon, by a large margin, as in my original comment. Palm Oil is not a significant part in Brazil, nor real state. Mineral is mainly in Roraima, but not as big as beef, because it's based on small operations, there are a lot of sources on this for gold mining and the local Yanomami indigenous population that fights agains this (as this is done on their land).