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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China is making strategic moves by purchasing more soybeans from Argentina and may soon follow the EU and reopen its market to Brazilian chicken exports.
Rollins says the new trade relationship with Taiwan, which is committed to buying a significant amount of U.S. soy, could not come at a better time for farmers facing financial strain.
