The Trump administration is considering expanding and raising tariffs on $7.5 billion of imports from the European Union and U.K. that it first imposed last year, part of a long-running dispute at the World Trade Organization that faults European countries for subsidies to aircraft manufacturer Airbus SE. (Wall Street Journal)

U.S. cattle and hog futures firmed on Tuesday following two sessions of declines after U.S. Department of Agriculture (USDA) data showed a larger-than-anticipated decline in cold-storage stocks of pork and beef. (Reuters)

A streak of big soybean purchases by Chinese buyers has helped make the crop profitable again for U.S. farmers. (Wall Street Journal)

The Small Business Administration partnered with the Illinois Department of Professional Regulation to offer a webinar with an overview of PPP for borrowers. Learn more on our COVID-19 page.  

Producers such as Butter Meat Co. are challenging the American preference for tenderness over flavor. (Bloomberg)

Upcoming lock and dam closures along the Illinois River are set to hamper deliveries of corn, soybeans, animal feed and ethanol for export staging and consumption on the Gulf Coast. (S&P Global)