On Tuesday evening, Governor Pete Ricketts and representatives from Nebraska’s corn and soybean boards signed letters of intent (LOIs) with company officials from Taiwan. The LOIs outline Taiwan’s agreement to purchase more than $2.1 billion in U.S. soybeans, corn, and distillers grains. Members of the 2019 Taiwan Agricultural Trade Goodwill Mission visited Lincoln to show their continued willingness to buy U.S. agricultural products.
“The United States supplies more than one-quarter of Taiwan’s major agricultural imports, and Nebraska has been a key supplier to the country for decades,” said Gov. Ricketts. “Signing these letters of intent builds on Nebraska’s existing trade relationship with Taiwan. It also positions us to grow the market for our quality agricultural products in Taiwan.” » Read more