India-US Trade Deal: Farmers' Fortunes at Stake? Who Wins, Who Loses?

• India and the US release an interim framework for a trade deal, aiming to reduce tariffs, transform energy relations, and strengthen supply chains.
• Concerns arise over agricultural market differences; India resists full market opening but agrees to reduce barriers on some products.
• Poultry sector may benefit from cheaper US DDGS imports, but domestic oilseed processors and soybean farmers could face losses due to reduced demand for oilmeals.
• Duty-free soybean oil imports from the US will be under a Tariff Rate Quota, protecting domestic producers from excessive imports.
• Indian farmers of tea, coffee, spices, and fruits could benefit from duty-free US market access; rice exporters may also see support.