Agriculture Secretary Brooke Rollins is announcing a major trade win for U.S. farmers.
She posted on X this morning saying that Taiwan has committed to $10 billion in purchases over the next four years, including soybeans, corn, wheat, and beef.
The announcement comes on the heels of a Taiwan Goodwill Mission, signing a $1.3 billion letter of intent to buy 132 million bushels of U.S. wheat between 2026-2029.
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The December trade mission will connect American agriculture with buyers in Singapore, Malaysia and Thailand.
Farm leaders say the timing of additional imports could put pressure on cattle prices.
The initiative could create more opportunities for farmers and ranchers to sell food within their communities.
Weak grain prices could limit China’s demand for U.S. corn despite potential trade opportunities.
