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.
Related Stories
Heightened Chinese inspections increase trade volatility for U.S. livestock exporters.
From projected drops in input costs to biofuel expansion and the USDA’s new “One Farmer, One File” initiative, Ag Secretary Brooke Rollins shared key policy priorities at Commodity Classic that put farm issues back in the spotlight.
Through “One Farmer, One File,” USDA’s mission is to create a single, streamlined record that follows the farmer — no matter where they go in the USDA system.
Expanded global trade access boosts long-term export demand potential for U.S. ag products.
Fertilizer still consumes an unusually large share of crop value.
The global rice surplus outweighs tighter U.S. supplies, pressuring prices.