Indus Water Treaty Tensions: Pakistan’s former NDU Lt Gen Amir Riaz and PPP leaders warned that any move to block Indus flows would hit Pakistan’s irrigation, farming and energy, calling water a “lifeline” and urging dialogue. Monsoon Shock for Farms: India’s monsoon is forecast below normal for July after a fifth-driest June on record; the Finance Ministry flags water buffers as a top priority as kharif sowing falls and reservoir storage stays low. Ethanol Policy in Court: India’s Supreme Court ordered status quo on ethanol allocation for ESY 2025-26, pausing a Karnataka High Court direction that could have reshaped the E20 blending rollout. Fertilizer Cost Pressure: US market news points to phosphate duty relief from Morocco (analysts say price drops depend on supply reaching US shelves), while Pacific Northwest fertilizer prices climbed again amid Hormuz-linked supply worries. Trade Signal for Soybeans: China made its first U.S. soybean purchase for the new marketing year, a cautious start that still leaves delivery timing and volumes uncertain. Farm Tech & Water Access: Uganda launched a Japanese drought/heat crop treatment (Skeepon) to help farmers withstand dry spells, while China-backed water projects in southern Chad are expanding wells and safe water systems. Horticulture Updates: Japan’s Zentsuji growers began shipping ornamental square watermelons for summer décor, while India’s farm labor matching platform in Nashik aims to lift incomes by improving hiring predictability.