Indian Prime Minister Narendra Modi urged the country on Friday to move towards more self-reliance, manufacture everything from fertilisers to jet engines and EV batteries, and vowed to protect farmers in the face of a trade conflict with Washington.
Stories by Reuters

Brazil in talks with Canada to revive Mercosur trade deal
Broad push to diversify trade
Brazil is engaged in a "constructive dialogue" with Canada to resume negotiations for a free trade agreement between South America's Mercosur bloc and Ottawa, the Brazilian Foreign Trade Secretary said.

U.S. grains: Soybeans retreat as demand worries overshadow USDA’s production cut
U.S. soybean futures declined for the first time in four sessions on profit taking on Thursday after a rally ignited by the U.S. government's lower-than-expected harvest outlook took prices to six-week highs.

U.S. livestock: Cattle slip on profit taking, technicals after weak beef export data
Chicago Mercantile Exchange cattle futures retreated on Thursday in a profit-taking and technical setback after three sessions of gains and as disappointing weekly beef export sales data weighed on the market.

Canada looking at support for canola farmers hit by China tariffs, says Carney
Canada is focusing on a series of measures to support canola farmers hit by China's latest tariffs, Prime Minister Mark Carney said on Thursday, but did not give specific details.

JBS sees US cattle cycle improving from late 2027
JBS turns Q2 profit despite challenging operating environment
U.S.-based beef-packers will continue to reel from low cattle availability for about three or four quarters, with gradual improvements of the U.S. cattle herd happening gradually from late 2027, meatpacking giant JBS said on Thursday.

Brief La Niña expected in fall 2025 before more stable pattern returns says U.S. forecaster
A brief period of La Nina conditions is favoured in the fall and early winter 2025-26 before reverting to a more stable El Nino-Southern Oscillation (ENSO) neutral, the U.S. Climate Prediction Center said on Thursday.

Rain helps brighten outlook for Australian wheat crop
The industry now expects the country’s producers to match or beat last year’s production of around 34 million tons
A large crop in Australia, one of the biggest wheat exporters, would add to pressure on prices that are already low due to ample global supply.

India vows to protect farmers in face of tariffs
The country is resisting pressure from the United States to open its markets to a wide variety of farm products
New Delhi has pledged to protect its labour-intensive agricultural sector after talks with the U.S. got bogged down leading to a 25 per cent tariff on Indian goods.

Deere’s quarterly profit falls as U.S. tariffs bite farm equipment margins
Deere & Co reported a lower third-quarter profit and tightened its annual profit forecast on Thursday, as U.S. tariffs dent margins on its farm equipment, sending the company's shares down six per cent.