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Naveen Thukral


Stories by Naveen Thukral

Photo: Getty Images Plus
Markets, News

China’s soymeal glut raises demand doubts ahead of US soybean export season

By Ella Cao, Naveen Thukral, Reuters July 29, 2025
China's appetite for soybeans is likely to weaken during the peak U.S. marketing season later this year, as record imports earlier in 2025 and tepid demand from animal feed producers have pushed up soymeal inventories at home, trade sources said.

 Photo: Greg Berg
Crops, Markets, reuters

Weak Chinese demand leaves Australia with too much wheat

By Naveen Thukral, Peter Hobson, Reuters May 27, 2025
Australian wheat inventories will likely be much higher than last year at the end of the season, pressuring prices, because of a drop in Chinese imports and competition from ample supplies out of rival exporter Russia, analysts and traders said.


Overhead view of a bulk grain ship in port.
News

China retaliation on US farm goods hits soybeans, bolstering Brazil

By Ella Cao, Naveen Thukral, Reuters April 4, 2025
China's retaliation on Friday against new U.S. tariffs is poised to accelerate Beijing's move towards alternative suppliers for agriculture goods including Brazil, a shift that began during the trade war of President Donald Trump's first term.

Photo: iStock/Getty Images
Markets, News

China to boost food imports from Latin America, Europe as US trade war escalates

By Mei Mei Chu, Naveen Thukral, Reuters March 5, 2025
China's new tariffs on U.S. farm goods are poised to reshape global trade flows, prompting the world's top agricultural importer to source more meat, dairy and grains from countries in South America, Europe and the Pacific.

Detail from the front of the CBOT building in Chicago. (Vito Palmisano/iStock/Getty Images)
Markets

U.S. Grains: Soybean, corn futures fall on improving Argentina weather forecast

Rains benefit dry Argentine crop areas

By Gus Trompiz, Naveen Thukral, Reuters, Tom Polansek February 5, 2025
Chicago Board of Trade grain and soy futures backpedaled from their highest prices in months on Wednesday as weather forecasts improved in Argentina, analysts said.


 Photo: Reuters/Paul Whitaker
Markets, News

Brazilian soy shipments to China from five firms halted, sources say

By Ella Cao, Laurie Chen, Mei Mei Chu, Naveen Thukral, Reuters January 22, 2025
China, the world's biggest soybean buyer, has stopped receiving Brazilian soybean shipments from five entities after cargoes did not meet phytosanitary requirements, two sources with direct knowledge of the matter told Reuters on Wednesday.

Photo: Thinkstock/File
Markets, News

Chinese buyers slash Canadian canola imports on fears of anti-dumping duty

By Mei Mei Chu, Naveen Thukral, Reuters December 5, 2024
Chinese importers are scaling back purchases of Canadian canola with shipments from December likely to plunge as most buyers are reluctant to sign new deals for fear that Beijing could impose retaliatory anti-dumping duties.

Commodities trading giant Cargill plans to cut around 8,000 jobs
News

Commodities trading giant Cargill plans to cut around 8,000 jobs

By Amy Lv, Naveen Thukral, Reuters, Tony Munroe December 3, 2024
Global trading house Cargill said on Tuesday it plans to cut around five per cent of its staff, or about 8,000 jobs after revenue slumped in its most recent fiscal year as crop prices hit multi-year lows.


Photo: Getty Images
Markets

Flour millers face supply crunch as wheat farmers tighten grip on stocks

By Naveen Thukral, Renee Hickman, Reuters November 21, 2024
Wheat growers in several exporting countries are reluctant to sell their crops with prices near four-year lows, traders, farmers and millers say, leaving flour makers with dwindling supplies and vulnerable to any potential upswing in prices.

World wheat inventories have fallen from record highs five years ago, U.S. data shows, as poor weather hurt output and Russia’s 2022 invasion of Ukraine temporarily spiked grain prices. Photo: Greg Berg
News

Harsh weather curbs global wheat output, buoys prices

By Naveen Thukral, Reuters, Tom Polansek October 10, 2024
World wheat inventories have fallen from record highs five years ago, U.S. data shows, as poor weather hurt output and Russia's 2022 invasion of Ukraine temporarily spiked grain prices.

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