Taiwan to purchase up to $1.56 billion in soybeans from Minnesota, Iowa farmers
ST. PAUL, Minn. – Hosted by Gov. Mark Dayton at the Minnesota Governor's Residence, Taiwanese trade officials and business leaders signed a letter of intent to purchase millions of metric tons of soybeans from farmers in Minnesota and Iowa over the next two years. The Taiwanese Agricultural Trade Goodwill delegation plans to purchase up to $1.56 billion of Midwestern soybeans in 2018 and 2019. Taiwan is Minnesota's sixth-largest export market, and a key trading partner for the state's agricultural products.
