U.S.-India Trade Talks Near Deal with Agricultural Stakes

Incremental trade clarity with India could support select U.S. ag exports, but major gains hinge on future market-access talks.

Beautiful Landscape, The Meadows and farmlands at Ladakh , india_Photo by artqu via Adobe Stock_362528934.jpg

Farmlands in Ladakh, India

Photo by artqu via Adobe Stock

NASHVILLE, Tenn. (RFD NEWS) — U.S. and Indian negotiators are nearing completion of an interim trade framework that could modestly reshape agricultural trade between the two countries, with tariff relief, clearer rules, and reduced non-tariff barriers at the center of discussions. While the final text has not been released, officials on both sides describe the agreement as being in its final technical stages.

For U.S. agriculture, the deal is expected to focus less on sweeping market openings and more on incremental access. Likely beneficiaries include oilseeds and vegetable oils, cotton, specialty crops such as tree nuts, and select feed ingredients, depending on how sanitary and phytosanitary rules are addressed. India has emphasized that politically sensitive sectors — particularly dairy and biotechnology — will remain protected.

India, meanwhile, is seeking smoother access to the U.S. market for rice, processed foods, spices, and seafood, along with more predictable customs procedures. Much of the practical value may come from reducing regulatory friction rather than headline tariff cuts.

If finalized, the agreement would provide exporters on both sides with greater certainty, even if its scope proves limited.

Farm-Level Takeaway: Incremental trade clarity with India could support select U.S. ag exports, but major gains hinge on future market-access talks.
Tony St. James, RFD NEWS Markets Specialist
Related Stories
Beal joined us on Friday’s Market Day Report to discuss her election to NASDA’s presidency, challenges facing American agriculture, and her background as a Mainer and dairy farmer.
RFD-TV Farm Legal and Taxation expert Roger McEowen joined us Friday to break down the executive order and what it means for farmers and ranchers.
Potash has seen the most significant decline, falling 11 percent over the same five-year period.
China’s buying decisions continue to be a critical factor in shaping cotton prices and export opportunities worldwide.
Secretary Rollins’ plan targets high costs, labor challenges, and export growth, delivering relief at home while building markets abroad.
Transportation challenges are mounting as droughts lower Mississippi River levels and push freight rates higher.
Speaking about his administration’s tariff strategy, Trump acknowledged that producers could face financial strain in the short term but promised stopgap support.
Rising cow numbers and higher yields are boosting milk supplies, which may keep pressure on prices and farm margins into the fall.
U.S. soybean farmers are growing increasingly frustrated by Argentina’s gains in Chinese grain contracts and Trump’s pledge of economic support for the South American ally.

Tony St. James joined the RFD-TV talent team in August 2024, bringing a wealth of experience and a fresh perspective to RFD-TV and Rural Radio Channel 147 Sirius XM. In addition to his role as Market Specialist (collaborating with Scott “The Cow Guy” Shellady to provide radio and TV audiences with the latest updates on ag commodity markets), he hosts “Rural America Live” and serves as talent for trade shows.

LATEST STORIES BY THIS AUTHOR:

Export Inspections In Bushels Show Mixed Momentum Patterns
Expect firmer shop prices, leaner inventories, and selective hiring in ag-adjacent businesses — plan parts, service, and financing needs earlier.
U.S. Farmers Face Shifting Harvest Pace, Basis, and Input Costs
Lewis Williamson with HTS Commodities joined RFD-TV’s Market Day Report to share insight into what’s happening on the ground and in the markets.
Expect choppier basis and wider bids — hedge earlier, keep logistics flexible, and watch Argentina and India headlines for near-term opportunities.
Even in this strong market, some beef producers are leaving money on the table by not following proven marketing practices.